A total of 15 parents participated in interviews about storybooks selected as favorites by their preschool children. Interviews were set up with the parent who said he or she read most often to the child and focused on one of two books the parent stated was either a greater or more enduring favorite. The parents' responses were content-analyzed and reanalyzed; disagreements, all minor among analysts, were resolved by discussion. Responses fell into eight categories: emergent reading behaviors, "deep meanings," intense affinity, interaction, illustrations, participatory qualities of the books, external factors, and the pool of available books. Discussion cutting across those categories focused on children's behaviors, the books as favorites, parents' behaviors, and the books that were available. Findings indicated that all of the children favored particular books and behaved in ways thought to apply to "precocious" readers or exceptional readers only. Parents' answers suggested the importance of parent/child interaction with books and indicated a range of motivations related to this way of spending time with their children. Many children spent considerable time with parents and books, and owned a wide range of books. Favored books were not children's classics but were mostly inexpensive, softbound, easily available books of the sort often found in drugstores or supermarkets. (RH)