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Microcap & Penny Stocks : Madera Int. (WOOD) -- Ignore unavailable to you. Want to Upgrade?


To: David T. Groves who wrote (2480)1/1/1999 2:45:00 PM
From: ArtAlley  Read Replies (1) | Respond to of 3693
 
Dave, thanks...so, industry price/book is still over $1.06 PER share I was just a little high...but, with NO debt...this should be a tremendous investment both short & long term...Plus, the industry average for forestry and wood products does NOT take into considertion the profits from the website...and the rapid growth that Madera will experience in the near future due to the new contracts...so, really, my projections were probably pretty accurate in the $1.25 per share price in the near term.



To: David T. Groves who wrote (2480)1/2/1999 12:57:00 PM
From: Lance  Respond to of 3693
 
Great work Dave..

It certainly seems by the numbers you are correct. Remember also, this is more than just numbers.. Most stocks now are trading on potential..at least regarding the internet. If the E-commerce site looks good and is functional...this will be a great run...yes there will be dips from people looking short term...but it will go up and down in an upward curve towards the $1.00 area..and perhaps above.
Especially if they continue to be profitable..which is just a bonus.

Lance