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FOUND( ) returns a logical value that indicates whether the most recently executed CONTINUE, FIND, INDEXSEEK( ), LOCATE, or SEEK was successful, or if the record pointer was moved in a related table. FOUND( ) returns true (.T.) if the search is successful; otherwise FOUND( ) returns false (.F.).
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If a match is found, SEEK( ) returns true (.T.), and the record pointer moves to the matching record. If no match is found, SEEK( ) returns false (.F.) and the record pointer moves to the end of the file. Issuing SEEK( ) is equivalent to issuing SEEK and FOUND( ) in succession.