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To: Carl Mays who wrote (2600)	7/26/1998 11:20:00 PM
From: Ian@SI	Respond to of 3696

Carl, Trading about $2 above its 52 week low is ... enjoying the UTEK bull ride? I not sure what I'd call it but "bull ride" wasn't on the tip of my tongue. :-) Best regards, Ian.

To: Carl Mays who wrote (2600)	7/27/1998 5:43:00 AM
From: Justa Werkenstiff	Respond to of 3696

Carl: Thank you for brining the layoff information to light. It is so easy to overlook the effect of this whole downturn on the employees in this type of investment forum.

To: Carl Mays who wrote (2600)	7/27/1998 9:55:00 AM
From: Investor2	Respond to of 3696

RE: "Utek just laid off 40 people 2 weeks ago in California. They also had a layoff in May as well as a workforce reduction at ISI that affected 40% of that company." What percentage of the people laid off were in administrative roles (as compared to engineering)? Thanks, I2

To: Carl Mays who wrote (2600)	7/27/1998 9:51:00 PM
From: mister topes	Read Replies (1) \| Respond to 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.