Memo on Extracting |V(cb)| and |V(ub)/V(cb)| from semileptonic B decays

Heavy Quark Expansions for semileptonic decays of beauty hadrons are briefly reviewed. I analyze how $|V(cb)|$ can be extracted from the semileptonic width of $B$ mesons, the average semileptonic width of all weakly decaying beauty hadrons and from $B \ra l \nu D^*$ at zero recoil. Special attention is paid to present theoretical uncertainties (including correlations among them) and on how to reduce them in the future. Finally I will comment on theoretical uncertainties in $|V(ub)/V(cb)|$.