Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: John T. Hardee who wrote (1111)	2/5/1999 1:17:00 PM
From: Proletariat	Read Replies (1) of 1979

John, I guess the point I would make is that even if someone isn't comfortable with being long on WOOD for whatever reason, the stock would seem to be a traders dream if the land sale is for real. I still say the "liquidation" value of a company gets investors attention and a $50,000,000 or more cash infusion would have to drive the stock at such an announcement. Then, if someone is wary of Madera's management, they could sell and be gone. I believe that would be short term profitable, but also shortsighted. Everyone has their own opinion here. I believe the market has to see real evidence of the marketability of the land. If a Press Release comes forward in the next several weeks that documents a sale, I have to believe it will drive the price. Then one is back to the original question.... do I believe in the long term business plan or not. If yes, I hold for more gain, if not, I sell and take profits. Even short term profits could be in the range of $1.00/share in my opinion. Again, go back to David's post # 1108 for the justification on this.

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