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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: John T. Hardee who wrote (1123)2/5/1999 4:37:00 PM
From: Larry Gene Ludiker  Read Replies (2) of 1979
 
In an honest attempt by Madera to increase share holder value they made a couple of mistakes in my opinion.

1. They shouldn't of mentioned the web site until it was up and running with the ability to make purchases by credit cards, etc.

2. They shouldn't of mentioned the possible land sale until they have some money in escrow.

I say this realizing that the stock probably would not of gone up to .30 but had they announced the web site when it was finished you would of probably gone up to .30 but would have stayed strong and not come back down like it has. Then follow it with a land sale, it would of continued going higher. Then you have the 3rd quarter which could be profitable thrown in the mist of the up move. I would have rather sat with it at .05 until all this took place. I been down there for 2 years so what is another few months.

This is not intended in anyway to cast dispersions on Wood because I believe in them totally and hope to make a lot of money in the future with them.

Good Luck To All

Larry Ludiker
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