cheap to earnings?BUFFET: In some cases.CLAMAN: Um-hmm.BUFFET: In some cases. But the earnings are not going to -- the earnings are notgoing to go up. I mean you're looking -- and -- and they're probably going to go down inmost -- in practically all cases.So you have to buy them at a value, actually, that takes that into account.CLAMAN: "The Washington Post," you stepped down from the board.BUFFET: Right.CLAMAN: But you still fully own your position?BUFFET: We own every share we've ever owned.CLAMAN: Even though it's off its 52 week highs.Do you feel it's doing pretty well?BUFFET: Well, it -- I don't know whether they've published their first quarter earningsyet or not. But -- but they have problems in two of their businesses, one in theeducation business and one in the newspaper. And -- and that's been reflected, I think,in the price.But those two businesses are -- well, the newspaper is far tougher than it was five or 10years ago. And the education business is tougher than it was about two years ago.CLAMAN: What's interesting to people, though, when you say that you would buy morenewspapers is at a time when everybody else is getting out, it seems like you andRupert Murdoch are the only people getting into newspapers.BUFFET: Yes, right. And he may not be quite as competitive for a while, either. So,no. But they are not a -- it's not an industry whose earnings are going to -- the earningsare going to just shrink in the newspaper business, as are the revenues. But not -- Idon't necessarily think they'll shrink at a dramatic rate where you have a strong feelingof community and you have a newspaper that serves that community well.CLAMAN: "The Washington Post" reported Friday and their revenue --BUFFET: Did they?