56 price tag. How, if you look at the companies in the United States, let's say, that can afford a couple of billion dollars you're looking at the first few companies on Fortune 500's list and if you look at those companies you see that they're auto manufacturers, oil companies or the General Electric Company. Right? CARR: Yes. JONES: Who is the most diversified of the group? CARR: Obviously GE is. JONES: Who does he know and respect? who has he worked with for the last dozen years or so? Now do you see the growing logic for the move from his standpoint. CARR: Um, hum. JONES: So when Mr. Littlefield broached the subject of his problem with me and his need for diversification to protect his own shareowners it was pretty apparent to me that we had a good deal that we ought to be talking about. CARR: And when was this? JONES: This was in the late Spring or early Summer of 1975 and, so, for two or three months we just chatted with each other to see if we could think through the relative advantages and disadvantages from each side and for the first