Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: Proletariat who wrote (822)	1/25/1999 6:34:00 PM
From: Janice Shell	Read Replies (3) of 1979

You'll have gathered what my opinion is. Just remember, it's only an opinion: --Management has an abysmal track record. This is very important. --The Brazilian economy is going down the tubes. --Whatever may be going on in Brazil, let's face it, it's hard to check on. --Can't seem to get that website up and running. This really shouldn't be a big deal. --Florida AND Nevada incorporation. NOT a good sign, normally. I wasn't just being funny earlier: Mr Market is rarely so wrong as to value a company at $0.21 a share when it has "real" book value of two bucks. Again, I advise you to inform yourself about MTEI. --The company's way too closely held. --No corroboration that the land in Brazil is worth what it's claimed to be worth.

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