During animal development many cells permanently stop dividing and terminally differentiate. For the most part, the mechanisms that control when the cells exit the cell cycle and differentiate are not known. We have been studying the mechanisms in the oligodendrocyte cell lineage. Studies of oligodendrocyte precursor cells (OPCs) in culture suggest that each OPC has a built-in timing mechanism that helps determine when the cell stops dividing and differentiates. This intrinsic timer consists of at least two components--a timing component, which measures elapsed time, and an effector component, which stops cell division and initiates differentiation at the appropriate time. The timer seems to involve both transcriptional and posttranscriptional mechanisms, with some proteins progressively increasing and others progressively decreasing over time.