Madera Int. (WOOD) Message Board

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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: Lance who wrote (1692)	7/10/1998 2:31:00 PM
From: Ritchmc	Read Replies (2) of 3693

They finally got their act together. Been holding for 3 years as I know their is a fortune in tropical woods. A few years ago we were wondering if they could afford to pay for a boat to bring the wood to America. Now they have some profit and should go strong. Here in Kauai where I live sugar is dead and people are starting tropical tree farms growing teak. Big numbers even though you can harvest only every 15 years. I am going to hold for another couple of years. In two years profits should be about a .10 a share (hopefully) and this stock should sell for a $1. Based on first year of real operation and $.02 profit per share, this is doable.

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