PIPEOUT: displays the contents of one or more files to STDOUT. The files may be specified on the command line and may include wildcards, or the input list may piped from another application.

I use PIPEOUT to pipe the contents of text files with long fileneames into the List utility.

PIPEOUT *.txt | List

This is very useful in looking at some of the description files downloaded via FTP from the [url] in the /pub/incoming directory.