Abstract: A light-reflective marker for roadways or the like and having a supported stake with a tubular member telescope thereover. The upper end of the tubular member has light-reflective material effective on a 360-degree circle around the marker. The outer tubular member has approximately at least twice the interior diameter compared to the outer diameter of the stake which is telescoped within the tubular member. The two parts can be fully telescoped together and extend over the same length for the storage mode of the marker.