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Microcap & Penny Stocks : SCOTTS LIQUID GOLD - NYSE sym SGD - Beats OPTIONS! -- Ignore unavailable to you. Want to Upgrade?

To: Bill Driscoll who wrote (150)	2/11/1998 11:16:00 AM
From: Bayclipper	Read Replies (1) \| Respond to of 222

Found the web link JIM, thank you. Couldn't get my offer of 3 5/16, they must have been accumulating...mm that is.. Gordon

To: Bill Driscoll who wrote (150)	2/11/1998 11:26:00 AM
From: J R KARY	Respond to of 222

Bill : thanks - guess the volume means "hello dividend" SGD's fundamentals are SOLID . Should see a steady climb with the Annual report coming etc. SGD's new marketing program kicks off this month . Regards, Jim K.

To: Bill Driscoll who wrote (150)	2/11/1998 12:51:00 PM
From: Bayclipper	Respond to of 222

JIM Wednesday February 11, 11:02 am Eastern Time Company Press Release Scott's Liquid Gold-Inc. Declares Dividend Announces Program for Open Market Purchase of Company Shares for Its ESOP DENVER--(BUSINESS WIRE)--Feb. 11, 1998--Mr. Jerome J. Goldstein, Chairman of the Board of Scott's Liquid Gold-Inc., announced that, based upon the Company's 1997 performance, the Company's Board of Directors has declared a dividend of ten cents ($0.10) a share on its common stock to holders of record on February 24, 1998. The dividend is expected to be paid on March 2, 1998. The Company has made no decision regarding future dividends. Mr. Goldstein stated that the ten cent dividend is equal to approximately 28% of the Company's after tax operating income of $0.36 a share for 1997 vs. $0.13 per share for 1996. During 1997, in addition to the $0.36 a share, the Company had non-recurring income of $0.24 a share, for a total net income of $.60 a share in 1997 compared to a loss of $0.09 a share in 1996. Mr. Goldstein noted that Scott's Liquid Gold-Inc. has produced an operating profit in each year over the last decade. The Company's performance over the last ten years was the major contributor to the growth of shareholder's equity which, at December 31, 1997, amounted to about $21,875,000, equal to $2.17 a share. The Company has paid a 10 cent dividend for three of the last 4 years. Mr. Goldstein also stated that, as a result of Board action, the Company intends to purchase up to 30,000 shares of its common stock in the open market. He said that the Board of Directors views the Company's stock as a good investment and that the Company intends to use the reacquired stock for contributions to its Employee Stock Ownership Plan. Separately, the Company noted that dividends to be received by the Company's Employee Stock Ownership Plan, which will amount to approximately $107,000, are expected to be used by the Plan to purchase additional shares of the Company's common stock on the open market. The Company is a manufacturer of household chemicals and skin care products. Contact: Scott's Liquid Gold-Inc., Denver Barry Shepard or Carolyn Anderson, 303/373-4860