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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: mfseasy who wrote (1)1/6/1999 12:49:00 AM
From: Lance  Read Replies (3) of 1979
 
You are the first post of the new thread...welcome.

I can only offer my opinion of course. I have been involved in many pennies as a side to blue chip investing. This is one of the first penny stocks which has me fairly excited for a couple reasons.

#1... They are profitable
#2... They operate something that is different...and are involved
in a niche area relatively free of heavy competition.
#3... They have a low share price relative to book value of .50
#4... They are entering into E-commerce as an enhancement to their core business of select hardwood sales.

These are a few of the reasons i like the stock. Of course as a penny stock...none of this has a guarantee. You do the best DD you can, invest according to your guidelines...and stay the course.

Lance
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