SLI, Inc. (SLI) Message Board

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Technology Stocks : SLI, Inc. (SLI)

SLI 4.970

-4.8%

Jan 9 9:30 AM EST

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To: John Finley who wrote (170)	6/14/2001 6:49:36 PM
From: geoffrey Wren	Read Replies (1) of 182

Yep, there goes the dividend. And before I took a small position in this stock, I posted a few times on Yahoo asking opinions on how secure the dividend was; never got much response. Buying for a solid dividend in non-utility stocks has not worked for me. The only other time I did, it was Chiquita (CQB) some 12 years or so ago, and that was a mistake too. Eliminated the dividend within a year. At least I got out soon after that. I'll hold onto SLI for now. Who knows, maybe they will finally get it together. ________ Thursday June 14, 5:46 pm Eastern Time SLI scraps quarterly dividend payouts to curb debt CANTON, Mass., June 14 (Reuters) - SLI, Inc. (NYSE:SLI - news), a lighting systems makers, said Thursday it would scrap quarterly dividend payments as part of efforts to cut corporate debt. The Canton Massachusetts-based company said the scraping of the dividend would free up about $7 million a year. It said it would pay five cents as its last quarterly dividend payout to shareholders of record on July 9.

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