test.ulab

MSTParser是以最大生成树理论为基础的判别式依存句法分析器。它将一科依存树的得分看作是 所有依存关系的得分的总和

as	a	group	,	stock	funds	held	10.2	%	of	assets	in	cash	as	of	august	,	the	latest	figures	available	from	the	investment	company	institute	.
IN	DT	NN	,	NN	NNS	VBD	CD	NN	IN	NNS	IN	NN	IN	IN	NNP	,	DT	JJS	NNS	JJ	IN	DT	NN	NN	NNP	.
7	3	1	7	6	7	0	9	7	9	10	7	12	7	14	15	7	20	20	7	20	21	26	26	26	22	7

that	was	modestly	higher	than	the	8.8	%	and	9.2	%	levels	in	august	and	september	of	1987	.
DT	VBD	RB	JJR	IN	DT	CD	NN	CC	CD	NN	NNS	IN	NNP	CC	NNP	IN	CD	.
2	0	4	2	4	12	8	12	8	8	8	5	12	16	16	13	16	17	2

also	,	persistent	redemptions	would	force	some	fund	managers	to	dump	stocks	to	raise	cash	.
RB	,	JJ	NNS	MD	VB	DT	NN	NNS	TO	VB	NNS	TO	VB	NN	.
5	5	4	5	0	5	9	9	11	11	6	11	14	11	14	5

but	a	strong	level	of	investor	withdrawals	is	much	more	unlikely	this	time	around	,	fund	managers	said	.
CC	DT	JJ	NN	IN	NN	NNS	VBZ	RB	RBR	JJ	DT	NN	RB	,	NN	NNS	VBD	.
18	4	4	8	4	7	5	18	8	9	9	13	8	13	18	17	18	0	18

a	major	reason	is	that	investors	already	have	sharply	scaled	back	their	purchases	of	stock	funds	since	black	monday	.
DT	JJ	NN	VBZ	IN	NNS	RB	VBP	RB	VBN	RP	PRP$	NNS	IN	NN	NNS	IN	JJ	NNP	.
3	3	4	0	4	8	8	5	10	8	10	13	10	13	16	14	10	19	17	4

stock-fund	sales	have	rebounded	in	recent	months	,	but	monthly	net	purchases	are	still	running	at	less	than	half	1987	levels	.
NN	NNS	VBP	VBN	IN	JJ	NNS	,	CC	JJ	NN	NNS	VBP	RB	VBG	IN	JJR	IN	DT	CD	NNS	.
2	3	13	3	4	7	5	13	13	12	12	13	0	13	13	15	18	21	18	21	16	13

``	there	's	not	nearly	as	much	froth	,	''	said	john	bogle	,	chairman	of	vanguard	group	inc.	,	a	big	valley	forge	,	pa.	,	fund	company	.
``	EX	VBZ	RB	RB	RB	JJ	NN	,	''	VBD	NNP	NNP	,	NN	IN	NNP	NNP	NNP	,	DT	JJ	NNP	NNP	,	NNP	,	NN	NN	.
11	3	11	3	7	7	8	3	11	11	0	13	15	15	11	15	19	19	29	29	29	29	26	26	26	29	26	29	16	11

many	fund	managers	argue	that	now	's	the	time	to	buy	.
JJ	NN	NNS	VBP	IN	RB	VBZ	DT	NN	TO	VB	.
3	3	4	0	4	7	5	9	7	11	9	4

vincent	bajakian	,	manager	of	the	$	1.8	billion	wellington	fund	,	added	to	his	positions	in	bristol-myers	squibb	,	woolworth	and	dun	&	bradstreet	friday	.
NNP	NNP	,	NN	IN	DT	$	CD	CD	NNP	NNP	,	VBD	TO	PRP$	NNS	IN	NNP	NNP	,	NNP	CC	NNP	CC	NNP	NNP	.
2	4	4	13	4	11	11	7	7	11	5	4	0	13	16	14	16	19	25	25	25	25	25	25	17	13	13

and	today	he	'll	be	looking	to	buy	drug	stocks	like	eli	lilly	,	pfizer	and	american	home	products	whose	dividend	yields	have	been	bolstered	by	stock	declines	.
CC	NN	PRP	MD	VB	VBG	TO	VB	NN	NNS	IN	NNP	NNP	,	NNP	CC	NNP	NNP	NNS	WP$	NN	NNS	VBP	VBN	VBN	IN	NN	NNS	.
4	4	4	0	4	5	8	6	10	8	10	13	19	19	19	19	19	19	11	19	20	20	20	23	24	25	28	26	4

fidelity	's	mr.	lynch	,	for	his	part	,	snapped	up	southern	co.	shares	friday	after	the	stock	got	hammered	.
NNP	POS	NNP	NNP	,	IN	PRP$	NN	,	VBD	RP	NNP	NNP	NNS	NNP	IN	DT	NN	VBD	VBN	.
2	4	4	10	10	10	8	6	10	0	10	14	14	10	10	10	18	19	16	19	10

if	the	market	drops	further	today	,	he	said	he	'll	be	buying	blue	chips	such	as	bristol-myers	and	kellogg	.
IN	DT	NN	VBZ	RBR	NN	,	PRP	VBD	PRP	MD	VB	VBG	JJ	NNS	JJ	IN	NNP	CC	NNP	.
9	3	4	1	4	4	9	9	0	11	9	11	12	15	13	17	15	20	20	17	9

``	if	they	croak	stocks	like	that	,	''	he	said	,	it	presents	an	opportunity	that	is	``	the	kind	of	thing	you	dream	about	.	''
``	IN	PRP	VBP	NNS	IN	DT	,	''	PRP	VBD	,	PRP	VBZ	DT	NN	WDT	VBZ	``	DT	NN	IN	NN	PRP	VBP	RB	.	''
14	14	4	2	4	5	6	11	11	11	14	11	14	0	16	14	16	17	18	21	18	21	22	25	21	25	14	14

major	mutual-fund	groups	said	phone	calls	were	arriving	at	twice	the	normal	weekend	pace	yesterday	.
JJ	NN	NNS	VBD	NN	NNS	VBD	VBG	IN	RB	DT	JJ	NN	NN	NN	.
3	3	4	0	6	7	4	7	8	14	14	14	14	9	8	4

but	most	investors	were	seeking	share	prices	and	other	information	.
CC	JJS	NNS	VBD	VBG	NN	NNS	CC	JJ	NN	.
4	3	4	0	4	7	10	10	10	5	4

trading	volume	was	only	modestly	higher	than	normal	.
NN	NN	VBD	RB	RB	JJR	IN	JJ	.
2	3	0	3	4	4	4	7	3

still	,	fund	groups	are	n't	taking	any	chances	.
RB	,	NN	NNS	VBP	RB	VBG	DT	NNS	.
5	5	4	5	0	5	5	9	7	5

they	hope	to	avoid	the	jammed	phone	lines	and	other	snags	that	infuriated	some	fund	investors	in	october	1987	.
PRP	VBP	TO	VB	DT	JJ	NN	NNS	CC	JJ	NNS	WDT	VBD	DT	NN	NNS	IN	NNP	CD	.
2	0	4	2	11	8	8	11	11	11	4	11	12	16	16	13	13	17	18	2

fidelity	on	saturday	opened	its	54	walk-in	investor	centers	across	the	country	.
NNP	IN	NNP	VBD	PRP$	CD	JJ	NN	NNS	IN	DT	NN	.
4	4	2	0	9	9	9	9	4	9	12	10	4

the	centers	normally	are	closed	through	the	weekend	.
DT	NNS	RB	VBP	VBN	IN	DT	NN	.
2	4	4	0	4	5	8	6	4

in	addition	,	east	coast	centers	will	open	at	7:30	edt	this	morning	,	instead	of	the	normal	8:30	.
IN	NN	,	NNP	NNP	NNS	MD	VB	IN	CD	NNP	DT	NN	,	RB	IN	DT	JJ	CD	.
7	1	7	6	6	7	0	7	8	11	9	13	8	8	16	8	19	19	16	7

t.	rowe	price	associates	inc.	increased	its	staff	of	phone	representatives	to	handle	investor	requests	.
NNP	NNP	NNP	NNPS	NNP	VBD	PRP$	NN	IN	NN	NNS	TO	VB	NN	NNS	.
5	5	5	5	6	0	8	6	8	11	9	13	11	15	13	6

the	baltimore-based	group	noted	that	some	investors	moved	money	from	stock	funds	to	money-market	funds	.
DT	JJ	NN	VBD	IN	DT	NNS	VBD	NN	IN	NN	NNS	TO	JJ	NNS	.
3	3	4	0	4	7	8	5	8	8	12	10	8	15	13	4

but	most	investors	seemed	to	be	``	in	an	information	mode	rather	than	in	a	transaction	mode	,	''	said	steven	norwitz	,	a	vice	president	.
CC	JJS	NNS	VBD	TO	VB	``	IN	DT	NN	NN	RB	IN	IN	DT	NN	NN	,	''	VBD	NNP	NNP	,	DT	NN	NN	.
4	3	4	20	6	4	6	6	11	11	8	8	12	8	17	17	14	20	20	0	22	26	26	26	26	20	20

and	vanguard	,	among	other	groups	,	said	it	was	adding	more	phone	representatives	today	to	help	investors	get	through	.
CC	NNP	,	IN	JJ	NNS	,	VBD	PRP	VBD	VBG	JJR	NN	NNS	NN	TO	VB	NNS	VB	RB	.
8	8	8	8	6	4	8	0	10	8	10	14	14	11	11	17	11	19	17	19	8

in	an	unusual	move	,	several	funds	moved	to	calm	investors	with	recordings	on	their	toll-free	phone	lines	.
IN	DT	JJ	NN	,	JJ	NNS	VBD	TO	VB	NNS	IN	NNS	IN	PRP$	JJ	NN	NNS	.
8	4	4	1	8	7	8	0	10	8	10	10	12	10	18	18	18	14	8

``	we	view	{	friday	's	}	market	decline	as	offering	us	a	buying	opportunity	as	long-term	investors	,	''	a	recording	at	gabelli	&	co.	funds	said	over	the	weekend	.
``	PRP	VBP	-LRB-	NNP	POS	-RRB-	NN	NN	IN	VBG	PRP	DT	NN	NN	IN	JJ	NNS	,	''	DT	NN	IN	NNP	CC	NNP	NNS	VBD	IN	DT	NN	.
28	3	28	6	6	9	6	9	3	3	10	11	15	15	11	11	18	16	28	28	22	28	22	27	27	27	23	0	28	31	29	28

the	janus	group	had	a	similar	recording	for	investors	.
DT	NNP	NNP	VBD	DT	JJ	NN	IN	NNS	.
3	3	4	0	7	7	4	4	8	4

several	fund	managers	expect	a	rough	market	this	morning	before	prices	stabilize	.
JJ	NN	NNS	VBP	DT	JJ	NN	DT	NN	IN	NNS	VBP	.
3	3	4	0	7	7	9	9	4	4	12	10	4

some	early	selling	is	likely	to	stem	from	investors	and	portfolio	managers	who	want	to	lock	in	this	year	's	fat	profits	.
DT	JJ	NN	VBZ	JJ	TO	VB	IN	NNS	CC	NN	NNS	WP	VBP	TO	VB	RP	DT	NN	POS	JJ	NNS	.
3	3	4	0	4	7	5	7	12	12	12	8	12	13	16	14	16	20	20	22	22	16	4

stock	funds	have	averaged	a	staggering	gain	of	25	%	through	september	,	according	to	lipper	analytical	services	inc	.
NN	NNS	VBP	VBN	DT	JJ	NN	IN	CD	NN	IN	NNP	,	VBG	TO	NNP	NNP	NNPS	NNP	.
2	3	0	3	7	7	4	7	10	8	4	11	4	4	14	19	19	19	15	3

elaine	garzarelli	,	who	runs	shearson	lehman	hutton	inc.	's	$	335	million	sector	analysis	portfolio	,	predicts	the	market	will	open	down	at	least	50	points	on	technical	factors	and	``	some	panic	selling	.	''
NNP	NNP	,	WP	VBZ	NNP	NNP	NNP	NNP	POS	$	CD	CD	NN	NN	NN	,	VBZ	DT	NN	MD	VB	RP	IN	JJS	CD	NNS	IN	JJ	NNS	CC	``	DT	NN	VBG	.	''
2	18	2	2	4	10	10	10	10	16	16	11	11	16	16	5	2	0	20	21	18	21	22	27	24	24	23	23	30	35	35	35	35	35	28	18	18

but	she	expects	prices	to	rebound	soon	and	is	telling	investors	she	expects	the	stock	market	wo	n't	decline	more	than	10	%	to	15	%	from	recent	highs	.
CC	PRP	VBZ	NNS	TO	VB	RB	CC	VBZ	VBG	NNS	PRP	VBZ	DT	NN	NN	MD	RB	VB	JJR	IN	CD	NN	TO	CD	NN	IN	JJ	NNS	.
3	3	0	6	6	3	6	3	3	9	10	13	10	16	16	17	13	17	17	21	19	21	21	21	21	21	19	29	27	3

``	this	is	not	a	major	crash	,	''	she	said	.
``	DT	VBZ	RB	DT	JJ	NN	,	''	PRP	VBD	.
11	3	11	3	7	7	3	11	11	11	0	11

nevertheless	,	ms.	garzarelli	said	she	was	swamped	with	phone	calls	over	the	weekend	from	nervous	shareholders	.
RB	,	NNP	NNP	VBD	PRP	VBD	VBN	IN	NN	NNS	IN	DT	NN	IN	JJ	NNS	.
5	5	4	5	0	7	5	7	8	11	9	8	14	12	8	17	15	5

``	half	of	them	are	really	scared	and	want	to	sell	,	''	she	said	,	``	but	i	'm	trying	to	talk	them	out	of	it	.	''
``	NN	IN	PRP	VBP	RB	JJ	CC	VB	TO	VB	,	''	PRP	VBD	,	``	CC	PRP	VBP	VBG	TO	VB	PRP	IN	IN	PRP	.	''
20	5	2	3	20	7	5	5	5	11	9	15	15	15	20	15	20	20	20	0	20	23	21	23	23	25	26	20	20

she	added	,	``	if	they	all	were	bullish	,	i	'd	really	be	upset	.	''
PRP	VBD	,	``	IN	PRP	DT	VBD	JJ	,	PRP	MD	RB	VB	JJ	.	''
2	0	2	12	12	8	8	5	8	12	12	2	12	12	14	2	2

the	backdrop	to	friday	's	slide	was	markedly	different	from	that	of	the	october	1987	crash	,	fund	managers	argue	.
DT	NN	TO	NNP	POS	NN	VBD	RB	JJ	IN	DT	IN	DT	NNP	CD	NN	,	NN	NNS	VBP	.
2	7	2	5	6	3	20	9	7	9	10	11	16	16	16	12	20	19	20	0	20

two	years	ago	,	unlike	today	,	the	dollar	was	weak	,	interest	rates	were	rising	and	the	market	was	very	overvalued	,	they	say	.
CD	NNS	RB	,	IN	NN	,	DT	NN	VBD	JJ	,	NN	NNS	VBD	VBG	CC	DT	NN	VBD	RB	VBN	,	PRP	VBP	.
2	3	20	20	20	5	20	9	10	20	10	20	14	15	20	15	20	19	20	25	22	20	25	25	0	25

``	from	the	investors	'	standpoint	,	institutions	and	individuals	learned	a	painful	lesson	...	by	selling	at	the	lows	''	on	black	monday	,	said	stephen	boesel	,	manager	of	the	$	580	million	t.	rowe	price	growth	and	income	fund	.
``	IN	DT	NNS	POS	NN	,	NNS	CC	NNS	VBD	DT	JJ	NN	:	IN	VBG	IN	DT	NNS	''	IN	JJ	NNP	,	VBD	NNP	NNP	,	NN	IN	DT	$	CD	CD	NNP	NNP	NNP	NN	CC	NN	NN	.
26	11	5	5	6	2	11	10	10	11	26	14	14	11	11	11	16	17	20	18	17	17	24	22	26	0	28	30	30	26	30	42	42	33	33	42	42	42	42	42	42	31	26

this	time	,	``	i	do	n't	think	we	'll	get	a	panic	reaction	.
DT	NN	,	``	PRP	VBP	RB	VB	PRP	MD	VB	DT	NN	NN	.
2	6	6	6	6	0	6	6	10	8	10	14	14	11	6

newport	corp.	said	it	expects	to	report	fiscal-first-quarter	earnings	of	between	15	cents	and	19	cents	a	share	,	somewhat	below	analysts	'	estimates	of	19	cents	to	23	cents	.
NNP	NNP	VBD	PRP	VBZ	TO	VB	JJ	NNS	IN	IN	CD	NNS	CC	CD	NNS	DT	NN	,	RB	IN	NNS	POS	NNS	IN	CD	NNS	TO	CD	NNS	.
2	3	0	5	3	7	5	9	7	9	18	11	11	11	11	11	18	10	18	21	18	23	24	21	24	27	30	30	30	25	3

the	maker	of	scientific	instruments	and	laser	parts	said	orders	fell	below	expectations	in	recent	months	.
DT	NN	IN	JJ	NNS	CC	NN	NNS	VBD	NNS	VBD	IN	NNS	IN	JJ	NNS	.
2	9	2	5	8	8	8	3	0	11	9	11	12	11	16	14	9

a	spokesman	added	that	sales	in	the	current	quarter	will	about	equal	the	yearearlier	quarter	's	figure	,	when	newport	reported	net	income	of	$	1.7	million	,	or	21	cents	a	share	,	on	$	14.1	million	in	sales	.
DT	NN	VBD	IN	NNS	IN	DT	JJ	NN	MD	RB	VB	DT	JJ	NN	POS	NN	,	WRB	NNP	VBD	JJ	NN	IN	$	CD	CD	,	CC	CD	NNS	DT	NN	,	IN	$	CD	CD	IN	NNS	.
2	3	0	3	12	5	9	9	6	12	12	4	16	16	16	17	12	17	17	21	19	23	21	23	33	25	25	33	33	31	33	33	24	23	23	35	36	36	36	39	3

ripples	from	the	strike	by	55,000	machinists	union	members	against	boeing	co.	reached	air	carriers	friday	as	america	west	airlines	announced	it	will	postpone	its	new	service	out	of	houston	because	of	delays	in	receiving	aircraft	from	the	seattle	jet	maker	.
NNS	IN	DT	NN	IN	CD	NNS	NN	NNS	IN	NNP	NNP	VBD	NN	NNS	NNP	IN	NNP	NNP	NNP	VBD	PRP	MD	VB	PRP$	JJ	NN	IN	IN	NNP	IN	IN	NNS	IN	VBG	NN	IN	DT	NNP	NN	NN	.
13	1	4	2	4	9	9	9	5	4	12	10	0	15	13	13	13	20	20	21	17	23	21	23	27	27	24	27	28	29	24	31	31	33	34	35	35	41	41	41	37	13

peter	otradovec	,	vice	president	for	planning	at	the	phoenix	,	ariz.	,	carrier	,	said	in	an	interview	that	the	work	stoppage	at	boeing	,	now	entering	its	13th	day	,	``	has	caused	some	turmoil	in	our	scheduling	''	and	that	more	than	500	passengers	who	were	booked	to	fly	out	of	houston	on	america	west	would	now	be	put	on	other	airlines	.
NNP	NNP	,	NN	NN	IN	NN	IN	DT	NNP	,	NNP	,	NN	,	VBD	IN	DT	NN	IN	DT	NN	NN	IN	NNP	,	RB	VBG	PRP$	JJ	NN	,	``	VBZ	VBN	DT	NN	IN	PRP$	NN	''	CC	IN	JJR	IN	CD	NNS	WP	VBD	VBN	TO	VB	IN	IN	NNP	IN	NNP	NNP	MD	RB	VB	VBN	IN	JJ	NNS	.
2	5	5	5	16	5	6	5	14	12	12	14	12	8	5	0	16	19	17	43	23	23	34	23	24	23	28	23	31	31	28	23	34	20	34	37	35	37	40	38	34	43	16	45	47	45	59	47	48	49	52	50	52	53	54	52	58	56	43	59	59	61	62	65	63	16

mr.	otradovec	said	boeing	told	america	west	that	the	757	it	was	supposed	to	get	this	thursday	would	n't	be	delivered	until	nov.	7	--	the	day	after	the	airline	had	been	planning	to	initiate	service	at	houston	with	four	daily	flights	,	including	three	nonstops	to	phoenix	and	one	nonstop	to	las	vegas	.
NNP	NNP	VBD	NNP	VBD	NNP	NNP	IN	DT	CD	PRP	VBD	VBN	TO	VB	DT	NNP	MD	RB	VB	VBN	IN	NNP	CD	:	DT	NN	IN	DT	NN	VBD	VBN	VBG	TO	VB	NN	IN	NNP	IN	CD	JJ	NNS	,	VBG	CD	NNS	TO	NNP	CC	CD	JJ	TO	NNP	NNP	.
2	3	0	5	3	7	5	5	10	18	12	10	12	15	13	17	15	8	18	18	20	21	27	23	27	27	22	27	30	31	28	31	32	35	33	35	36	37	35	42	42	39	42	42	46	51	46	47	51	51	44	51	54	52	3

now	,	those	routes	are	n't	expected	to	begin	until	jan	.
RB	,	DT	NNS	VBP	RB	VBN	TO	VB	IN	NNP	.
5	5	4	5	0	5	5	9	7	7	10	5

boeing	is	also	supposed	to	send	to	america	west	another	757	twin-engine	aircraft	as	well	as	a	737	by	year	's	end	.
NNP	VBZ	RB	VBN	TO	VB	TO	NNP	NNP	DT	CD	JJ	NN	RB	RB	IN	DT	CD	IN	NN	POS	NN	.
2	0	2	2	6	4	6	9	7	13	13	13	18	18	14	14	18	6	6	21	22	19	2