I jotted down my answers to the questions.  Feel free to use as needed.  I 
need
to get things off my plate for the next few days while I work on some other
homework problems.  Of course, I will still help out if anyone needs any
assistance.



**********************************************
Mark D. Guinney, CFA
Consultant
Watson Wyatt Investment Consulting
345 California Street, Ste. 1400
San Francisco, CA  94104
(415) 733-4487 ph.
(415) 733-4190 fax
 - Timberland Questions.doc