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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: Richard L. Williams who wrote (3054)1/6/1999 12:30:00 PM
From: TOPFUEL  Read Replies (1) of 3693
 
Nope I did not say that what I am saying is WOOD needs more time to grow to meet what these hypers stock predictions are. I did a huge amount of DD on this stock but there will be growing pains that longs will have to indure . I just do not want to see people jumping in WOOD at .25 to .30 while momentuem players play on webe Site opening and start the hype up and people who are novices buy into the hype as the hyper sells there shares off and get burned. I started a thread awhile back called I LOST MY GRANDMAS MONEY ON MACKERS PICKS I learned alot about who got burned by the HYPER . I watch out for these people help them out when I can . But you will not beleive the amount of people that had to file for Banruptcy I herd there stories Via PM because SI deleted the thread because it was against rukes to make a thread to lash out against a poster I wanted for this guy to see what he cost people with his hype. Again Im here on WOOD thread tring to make sure the DD gets posted right . Trooper has yet to answer my questions . Rick as for you my hats off to you. You answered my questions to best of your knowlege and did not bash me in anyway thanks .

I just want people to know that I took economic troubles in Brazil into consideration as well as the big drop in Timber prices in 1998 . I also looked at this on 10k filed November 6th as well
In its first full year of harvesting operation, which has commenced, Madera
is exercising full environmental controls in its operations. As a result,
limited harvesting has actually occurred, instead registrant is actively
purchasing timber from other producers and preserving its reserves.


The Timber they purchased is it all gone if not they paid a higher price for it and now with Timber prices lower it eats into earnings.

I have more DD to post but my lunch is over but again I have a friend that owns a business like this in the state of Washington so I have some clue to how the business works. If you have questions PM me and Ill ask them for you

David
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