The text that you just cut or copied remains in the 95LX's memory (in an area called a "buffer") until you replace it with other cut or copied material, or until you reboot the 95LX (press (CTRL)-(ALT)-(DEL). To retrieve that buffer of text, simply move the cursor to where you want to put that information contained in the buffer and press (F4) to (PASTE) it back into the document.
As long as you do not quit MEMO, or cut or copy again, that same
text remains in the buffer. That means you can press (F4) to PASTE the
contents of the buffer into the current file, into another MEMO file, or
in a new MEMO file. You can paste the contents of the buffer as many times
as you wish by pressing (F4) again and again.