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

To: Mark The Trader who wrote (2851)	1/5/1999 8:40:00 AM
From: Richard L. Williams	Read Replies (1) \| Respond to of 3693

Mark-- Perhaps a better question is, why was WOOD, a stock with a book value of 52¢, strong and increasing revenues, and a good business plan, being ignored by the market and languishing at 3¢ until 12/24/98? I believe the website news release got people to take a good look at this company for the first time, and they liked what they saw. Daytraders have been playing with the stock on its way up, but that won't hold it back in the long run. Above figures are all from audited figures...the 10KSB is available on FreeEdgar for liesurely reading. As for the tiny percentage of penny stocks that amount to anything...I have been here three years because I always felt WOOD had that potential. Certainly you have some penny stocks like that in your portfolio? Cheers! Rick