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

To: Proletariat who wrote (2778)	1/4/1999 6:47:00 PM
From: David Sirk	Read Replies (1) \| Respond to of 3693

You must feel good about the fact that you are in a stock with a BOOK Value of .50 an EPS and is trading huge volumes? Right?? The only Hype right now is the Hype to sell. last time I was hearing a bunch of negativity about this stock I was able to buy in at .07 and tise it up to .24.. I suspect a simular ride this week.

To: Proletariat who wrote (2778)	1/4/1999 6:56:00 PM
From: Metacomet	Read Replies (1) \| Respond to of 3693

I think you are all right. The hype merely brought the stock to your attention. In my opinion, your investment is sound at these levels if they NEVER have a website. This company has been doing well as a niche producer of exotic wood for some time now. The fundamental data has not changed. They have assets in excess .50 per share. They have been profitable for a while with indications of increasing profits on the wood business alone. The controversy on the thread is primarily focused on a sideline that Madera has proposed that happens to dovetail with an investment lunacy known as "the internet". As a result, those expectations have been brought in by new investors. The company to the best of my knowledge only made the single announcement that they were going to launch the rain forest site. This was consistent with my understanding of their philosophy and commitment to that region. It will probably occur. This little company has a habit of being late, but has always delivered.