Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: Blackie D who wrote (1206)	2/11/1999 8:10:00 AM
From: David T. Groves	Read Replies (1) of 1979

Thanked youd Blackied, and thank you Proletariat. I think we will see more of this in the next month. This company is always late, even though they have always delivered. The Web site in two and a half weeks? I doubt it ,but SOON. Earnings on Tuesday the 16th? I doubt it, but soon. They will try to knock the price down because of this. WHY? Because they know this stock is safe. It is way undervalued, so they can scare you out of your shares, and know that share price will come back. GOOD Profitable PE of 13 Book Value (conservative) $.47 Own land that is larger than Rhode Island Great opportunities with land sale ($1+) a share New ideas and AGGRESSIVE. Forward looking business plan to expand the manufacturing capabilities BAD Chronically late. (but come through.) Tell us the news early? ( I'd rather know it early) Web Site - not much added to business (they never said it wood) Look at the good and look at the bad, only the day traders can't wait 6 months. Dave

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