  I discuss a number of the highlights in theory presented at the BCP3
conference. These included new, and more stringent, CKM fits; a critical
overview of heavy hadron lifetimes; progress in computing rates and
CP-asymmetries in charmless B-decays; a thorough discussion of the implications
of the new results on $\epsilon^{\prime}/\epsilon$; and, finally, a peek at the
future, trying to estimate how well one is going to be able to measure the
unitarity triangle angles.
