Well, nobody can accuse the Jazz of overreacting after losing to Golden State in the NBA playoffs.

In the two months since the sweep, they've replaced guard Jim Farmer, once a No. 20 draft choice, with Blue Edwards, a No. 21 pick. They've also provided a threat to backup guard Jim Les and could replace forward Marc Iavaroni with a specialty player.That's all for now, which apparently comes from looking at the big picture. "I think our team looks pretty good right now," says player personnel director Scott Layden.

"Those 51 wins didn't come by accident," notes owner Larry Miller.

Right after the playoff sweep, Miller was wondering out loud, "Do we have the tools and didn't use them, or do we need to change tools?"

The answer, as of July: Nobody's rushing to the hardware store.

"I honestly believe we ran into a hot team," Miller says. "I really don't believe they could go out in a series and beat us again. I can say, `Hey, it was an aberration,' and get on with life."

In the next breath, though, Miller added, "I don't want that feeling to let us be lackadaisical. I don't think we can afford the luxury of saying that's all there was to it. We're going to have to do something to compensate for a Golden State or Phoenix."

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INFORMED SOURCE: Patrons in a Boston sports restaurant were amazed Tuesday when an NBA draft-watcher correctly called 17 of the first 20 choices.

They didn't recognize ex-Jazz general manager David Checketts.

While having fun watching the telecast, missing the draft was hard on Checketts. "It was emotionally very tough," he said. "I love that time leading up to the draft, that time when the phone is ringing like crazy. I missed that, I really did."

Knowing he might move to another NBA team, Checketts stepped down just before Jazz officials started serious draft preparation.

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CONTRACT TALK: Before rushing into a contract for Edwards, agent Bill Pollak wants to know if the Jazz coaches are teaching or just evaluating players in their summer program, which would make Edwards' appearance less important. "First-round draft choices are going to be with your team," he reasons.

The Jazz's rookie-free agent camp opens in less than three weeks - earlier than ever before, because they're sending a full team to the California Pro Summer League in July instead of producing a local league. "There are benefits for players for players who are able to take advantage of a summer program," says Pollak. "If the contract is fair, then there's nothing to say once can't negotiate that kind of contract in July, as opposed to October. It takes two people."

Pollak, based in Washington, D.C., also represents first-rounders George McCloud and Nick Anderson.

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AT RANDOM: Jazz general manager Tim Howells will be watched closely, to see how involved he becomes in the basketball operation. Of course, by Miller standards, he can do anything short of high-fiving during player introductions and still appear detached . . . Edwards' official shooting percentage in the Chicago camp: .778 . . . Pete Rose lost his bet on the Jazz, according to the alleged gambling slip. He took the Jazz, giving five points, at home against Denver in April 1987. They won by three, thanks to a last-minute rally . . .

Jazz assistant coach Phil Johnson could draw interest from New York's coaching search; GM Al Bianchi knows him and Jerry Sloan well. "I'm not going to apply for jobs; I'm not going to worry about that sort of thing. I'm so happy to be in the organization that I am," says Johnson . . . The Jazz are sticking with Cincinnati for their exhibition game with Boston, even after the Celtics drafted BYU's Michael Smith. Their guarantee in Cincy is for considerably more than the $40,000 they made for bringing the Lakers to Provo last fall.

If Sacramento had drafted Danny Ferry, the Clippers would have taken Glen Rice, according to director of scouting Barry Hecker, the Salt Lake resident. "He's the best shooter I've ever seen in the five years I've been scouting - with unlimited range," Hecker said.