Madera Int. (WOOD) Message Board

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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: JSB who wrote (2216)	12/26/1998 11:27:00 PM
From: Richard L. Williams	Read Replies (1) of 3693

JSB-- Amazing, isn't it? The market will assign share values of $300+ and capitalize money-losing organizations to the tune of $9,000,000,000 (yes, nine BILLION !!) just because of a chic idea, while a company that makes money to the tune of $1 million + in a year, with a book value over ten times its current share languishes in obscurity. There is no way to explain this than to say a) The market is inefficient and b) The story was unknown. I am glad to see the story is getting out, a little. Mr. Farell: I refer you to post . We were talking about Madera's fledgling environmental program in 1996. Who else was talking about this or formulating such ideas back then? If I am wrong in my idea that Madera was among the first, I wish to be educated. Cheers! Rick

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