Madera Int. (WOOD) Message Board

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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: frick who wrote (1664)	7/7/1998 6:23:00 PM
From: Richard L. Williams	Read Replies (2) of 3693

frick-- We have waited a long time for news like this. Madera has turned the corner to profitability, and we got to go along for the ride all down the way. Now, should the market turn its dazed eyes from Yahoo and its ilk, we ought to see Madera rewarded with a reasonable PE and a rising share price. What is the PE we might expect for a commodity company? 10? If so, a share price of 20&#162 would not be out of line. It would be great to hear news that Madera was buying back stock while it is so low in price. A modest million shares would only set them back $54,000, and reduce the float considerably. John T., do you believe there is any chance that R. is considering this? Cheers! Rick

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