1 Comments:

• The people that are selling this stock after reading Mark Cuban's piece clearly know nothing about the company and the industry of tech transfer. I work in the tech transfer industry, and so it comes as no surprise to me that Utek has negative cash flow from operations and that all if it's profits come from the sale of stock. Also, Mark Cuban merely pointed out the obvious--the stock owned by Utek is risky!!! Tech transfer companies generally own stock in the startups that license their technology or otherwise have their fortunes tied to the success of the products that employ their technology. Startups are by their very nature risky. Utek has the opportunity to own stock in companies that it understands and to do so at a very favorable cost. Now, the bulk of these companies will not succeed, however some will succeed, and they will make up for the losers. The tech transfer company I work for loses money on more than 90% of its licenses, but the 10% that generate profit more than make up for the remaining 90%. This is how the industry works, and the CEO of UTEK, who owns 22% of its stock, has not hid this fact. In fact, he discusses it in his books. Unfortunately, many people who read Mark Cuban's piece know nothing about this industry, but I assure you the analysts that have examined this stock do, and it was priced into the stock. Mark Cuban's first piece on Xethanol was interesting becuase it uncovered outright fraud, however this most recent piece does not even suggest that anyone at Utek acted improperly or attempted to deceive investors. I am certain that this stock will rebound in the next few weeks.

  By  Anonymous, at 10/27/2006  

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