1.  The firms involved have ended up bankrupt or deep in debt, healthy companies turned into cripples.

2.  And the larger companies are using the money they have raised to pay down debt and to buy other, healthy companies that fit in with their strategies.

3.  Far more common, however, is the diverging of fortunes at healthy companies like GE and IBM.

4.  Healthy companies tend to focus rewards on service, quality and productivity.

5.  It is better to have two or three healthy companies bidding for defense contracts than five or six unhealthy ones, he said.

6.  Papows said that his successor, IBM veteran Al Zollar, will take the helm of a very healthy company.

7.  Rick Eakle, of New Jersey-based Eakle Associates, says that even healthy companies are becoming stingier with dividends -- and in a few cases eliminating them.

8.  Such huge corporate reinventions are unusual in healthy companies like Rockwell, whose bottom line has held firm for years.

9.  Tens of thousands of Americans who thought they had secure jobs with healthy companies are suddenly facing a new year filled with difficult choices.

10.  The Labor Department stepped in to keep healthy companies from fleeing the fund.