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Microcap & Penny Stocks : Madera Int. (WOOD)

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To: myturn who wrote (2524)1/2/1999 8:19:00 AM
From: myelin2  Read Replies (4) of 3693
 
WOOD - don't try to figure out it's fundamental worth to estimate the price highs for next week!

This stock has drawn so much attention that it IMO is to anticipate the price potential for the next 2 years within one big move. Many technical indicators support this suggestion.
So i see $1.25 as a level to reach very quickly now.
Every positive development is in reach now, because many investment funds are eager to jump on a company with such a good marketing strategy if $1 is sustained - so forget the FJ99earnings x 4 formula for evaluating the price level for this BB stock. I see the new bottom floor for WOOD at around $ 0.2.

Besides my job as Venture Capital Consultant Information Technologies at Siemens AG, Germany, i lead the investment service VIRTUAL INVESTOR which is supporting a German speaking community of speculative investors in Europe with its online newsletter and subscribers free email service:
erlangen.netsurf.de

We recommended WOOD to cover as of July 1998. Most subscribers are in at a mid level of $0.055. We got many inquiries weather to sell already now or to hold.

Concerning the explosive rise in the company's attraction i recommended
to hold the already obtained gains for a price target of $1+ in the next 6 months and a $ 3-4 price target in the next 24 months.

This is a break through how it not often happens in the BB world - wouldn't say a once-in-a-life-time chance but a rather seldom situation.

All the best for our investment!

Manfred Schlang
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