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

To: TOPFUEL who wrote (2593)	1/3/1999 12:56:00 PM
From: John T. Hardee	Respond to of 3693

Go back to the old postings that were posted during the time the SEC report was reported. You will see our questions and answers if they were important at the time. . .

To: TOPFUEL who wrote (2593)	1/3/1999 1:12:00 PM
From: StockDung	Read Replies (1) \| Respond to of 3693

I read the SEC filings, every one of them. What everyone fails to realize is that management said they were thinking about spinning of the web business as a dividend to shareholders. I have heard estimates of what WOOD's current book value is. What would the value of a new company spin off be? Just look at NAVR and how the valuation of NetRadio did to the stock. The big news is current stockholders in NAVR own very little of the outstanding shares. In Madera's case we own 75% of the outstanding stock and insiders own 25%. How do you value a internet conpany? It is not even a asset on the companies books. What would the book value of they company be worth if Woods spin off takes off. I also checked the current SEC 144 filings. There are non. Why would insiders sell if they were going to get 25% of the new spin off. Thanks for your concern though on what I should do with my money. I don't intend to sell because I want my share of the spin off if it happens. I think it does happen because insiders have not sold any stock. Please keep us informed if they do. floyd

To: TOPFUEL who wrote (2593)	1/3/1999 1:35:00 PM
From: StockDung	Read Replies (1) \| Respond to of 3693

Yes David I see by your posts on many of the threads you love telling everyone to do their DD. Do you ever go long stocks or does it give you a thrill to go into several threads a day and post empty negative comments with nothing to back them up? You seem like a very negative person. Instead of you posting a message saying " I see some very interesting questions that need to be answered" why don't you just tell us what the questions are so we can answer them for you. I for one would like to know if there are any red flags, but I could not find any. floyd