entries.
7) Run `make' in the top directory of the Emacs distribution to finish
-building Emacs in the standard way. The final executable file will be
-named `src/emacs'. If you want to have Emacs's executable programs
-and data files installed as well, run `make install'.
-
-By default, Emacs installs its files in the following directories:
+building Emacs in the standard way. The final executable file is
+named `src/emacs'. You can execute this file "in place" without
+copying it, if you wish; then it automatically uses the sibling
+directories ../lisp, ../lib-src, ../info.
+
+Or you can "install" the executable and the other Emacs into their
+installed locations, with `make install'. By default, Emacs's files
+are installed in the following directories:
`/usr/local/bin' holds the executable programs users normally run -
`emacs', `etags', `ctags', `b2m', `emacsclient',