Bud Shank encounters fellow jazz master Phil Woods on “Bouncing With Bud & Phil,” an epic wailing session recorded live in November 2004 at the legendary jazz club Yoshi’s in Oakland, California. Both of these acclaimed alto saxophonists are alumni of Charlie Parker U and hold masters degrees from that hallowed institution. A reviewer who attended the concerts described Shank, 78, and his special guest Woods, 73, as “septuagenarian gladiators,” a term both loved, and the mutual respect these two jazz giants have for each other resonates in every note. Spontaneous exchanges of four-bar phrases and simultaneous improvisations provide marvelous opportunities to observe similarities and differences in the playing of Shank and Woods who are backed by the exceptional rhythm section of Bill Goodwin (Woods’ drummer for the last 30 years), the virtuoso pianist Mike Wofford and the great San Diego bassist, Bob Magnusson.