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Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

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To: Carl Mays who wrote (2600)	7/27/1998 9:51:00 PM
From: mister topes	Read Replies (1) of 3696

The ISI acquisition opened the door to labor force consididation at UTEK in order to maximize efficiencies and eliminate redundancies. This is called good corporate management. UTEK is not in the business of providing welfare role employment for employees that are not needed, especially when a major acquisition changes the company's employment priorities. As a shareholder, I do not want UTEK to keep unnecessary employees on the payroll in order to bleed profits and subsidize those who are better off finding employment elsewhere. This also provides an opportunity to reduce payroll where it is most appropriate, in the area of those who are not producing for shareholders. This is a business.

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