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Microcap & Penny Stocks : Madera International - Symbol WOOD -- Ignore unavailable to you. Want to Upgrade?


To: John T. Hardee who wrote (24)1/6/1999 12:32:00 PM
From: Lance  Read Replies (1) | Respond to of 1979
 
John..

Yes...and thanks for your comments. I'm glad to see you hear. You always offer good posts for the benefit of others.

Lance Sims



To: John T. Hardee who wrote (24)1/6/1999 12:45:00 PM
From: E. M. Edds  Read Replies (1) | Respond to of 1979
 
Ladies and gentlemen (and even those who don't meet those qualifications):
I have been looking at WOOD for several days now, and have reached a few conclusions. First, IMO, this investment is a no-brainer. The stock has already proven a valuation in the high .30's to low .40's on anticipation of the web site. Delays in getting a web site up are the rule, not the exception (having invested in and profited from many web site related companies). However, waiting until Friday to invest or increase ones position is a mistake--it's what most are going to do. Knowing the site will be up on Monday or earlier, most will buy in by the close on Friday in anticipation, increasing the stock price by possibly 100% or more from where we are now.
The company is showing great and respectable concern for the environmental ramifications of wood harvesting, and I believe this will be reflected in a much higher valuation than where we are currently in a short period.
I have personally planted over 20000 trees on our tree farm here in Kentucky, and am aware of a little of the demand and profitability of tree harvesting. I think we paid around $1000 for the trees, borrowing the machinery, and labor for 100 acres or less, which in 20-40 years is estimated to be worth $3Million. Multiply that 100 acres by 7000, and you can see what this company can be worth. The difference is that WOOD already has grown trees, and can see the profits in months to years, as opposed to decades.
In my opinion, this is one heck of an investment right now.