11.  And Media Metrix, a privately held company that measures the audience of Internet sites, bought its archrival Relevant Knowledge.

12.  And in many new privately held Polish companies, the union does not exist at all.

13.  And while the privately held company is not yet turning a profit, people are discovering the service.

14.  Another business pursuing embryonic stem cells is Advanced Cell Technology, a privately held company in Worcester, Mass., headed by Michael West, who founded Geron.

15.  Annual reports are booklets given to shareholders by publicly held companies.

16.  As a privately held company, Lakeland, Fla.-based Publix has more flexibility than some grocery chains to experiment with the concept.

17.  As a privately held company, RSL does not report financial results.

18.  As a privately held company, Packard Bell does not disclose its profits or losses, but most analysts assume the company is currently profitable.

19.  As a privately held company, Hearst has no stockholders to answer to, while most other potential bidders did.

20.  As a result, almost the entire roster of publicly held Internet companies is wallowing in red ink.