1.   Clearly, if valuation concerns start to become important, as they have not been lately, some stocks could have a lot further to fall.

2.   He said his rating reflected valuation concerns rather than fears of a slide in activity.

3.   Still, lofty valuation concern is leading some domestic investors to sell their shares, putting downward pressure on stocks.

4.   Venezuelan shares fell sharply early in the week on valuation concerns about Cia. Anonima Nacional Telefonos de Venezuela.