75 (Tape recorder shut off tape resumes) JONES: ...very hard. You've got to remember that any outfit that's increased its earnings fourteen fold in the last ten years, it sounds terribly immodest if you just present the record. Obviously, Ed was trying to put things In perspective and to point out, as I think he said, the performance was, you know, they hadn't (not clear) all right anymore than we do here. You know, we fumbled around and missed the computer industry, for example, in the General Electric Company. We fumbled around and got ourselves trapped on some long-term contracts with inadequate escalation in power generation and power transmission. These are terrible(?) mistakes that we make and, by God, I've always said that we make no pretensions to infallibility. We've made a hell of a lot of mistakes at General Electric. I've made a lot, personally. You just kind of hope that with the number you have to make, in terms of decisions, that your batting average is reasonably good and I think that Ed was trying to indicate pretty much that same story(?). CARR: Well, I assumed that... JONES: Yeah. CARR: ...or (not clear) but I wondered, you know,