You'll have one stereo soundbite, already placed in the track you recorded.
(If you wish, you can then select the name of the soundbite in the Soundbites window, and choose Compact from the mini-menu there. This will erase the parts of the sound file that are outside the soundbite time range. This is good when you're recording from DAT and have some dead space on either end of the file that you know you'll never need. Otherwise, it's best to leave your sound files alone.)