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Technology Stocks : SLIC Semiconductor Laser Intl.

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To: Paul A who wrote (139)	6/1/1998 1:13:00 PM
From: Theodore W. Konopelski	Read Replies (1) of 174

Why do you consider me an insider? In my opinion, the value of SLI is dependent on its capability. Without knowledge of production and sales data or knowledge of the high power diode laser capabilities of the company's manufacturing and marketing personnel, I can't offer much of an opinion. Based upon the SEC filings and the recent loss of the head of R&D, it appears there are still production, sales and personnel problems. Any takeover attempt will have to deal with the company's Anti-Takeover provisions which allow the Board to issue up to 20,000,000 shares of Preferred Stock and to determine the price, rights, preferences and privileges of those shares without any further vote or action by the stockholders. SLI's 01/06/98 S-3/A also states that "Holders of 2,356,405 shares of Common Stock have granted Dr. Geoffrey T. Burnham an irrevocable proxy to vote their shares as long as such shares are owned by such holders and so long as Dr. Burnham continues as the Chief Executive Officer of the Company."

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