1.   It believes the figures on this basis give a much fairer picture of business performance and underlying financial strength.

2.   Other drug shares have also fallen, so the Footsie Index is giving a misleading impression as to the underlying strength of the market.

3.   Also, he said investors appeared to think the merger could harm the underlying strengths of the two businesses.

4.   A fund with a positive alpha means the fund is performing better than expected given the underlying strength of an index against which the fund is compared.

5.   But analysts said the overall gain in January masked underlying strength.

6.   But given its underlying strengths, he and other analysts are sanguine about its prospects.

7.   But Daniel Peirce, head of emerging markets research for BankBoston Corp., which operates in Brazil, sees plenty of underlying strength in Latin America.

8.   But others said they were surprised by the underlying strength implied by the employment numbers.

9.   Earlier today, the government reported factory orders for big-ticket durable goods fell in July, though the statistics pointed to underlying strength in manufacturing.

10.   Greenspan said that once the initial shock from the attacks wears off, the economy should be able to draw on its underlying strengths and recover.