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Generally published each quarter, these reports include status of faculty and staff, policies, budgets, facilities, curriculum, and enrollment. Contents of reports vary over time and reflect the sate of the institution.

This is a continuation from the previous tape. They continue to make of list of people in history who have and did not have the “right stuff”. Sam also talks more about filming The Right Stuff. Conversations between Sam Shepard and Johnny Dark.

Sam and Johnny discuss writing the epilogue, Chuck Yeager’s abilities, how Sam is receiving scripts and conditioning for polo. Conversations between Sam Shepard and Johnny Dark.

Millard Harborth talks about his role as director of GVEC, his and the company's responsibilities, and why he believes the company is so successful.