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


To: Proletariat who wrote (3397)1/13/1999 10:23:00 AM
From: Richard L. Williams  Read Replies (2) | Respond to of 3693
 
Good morning, Prole--

Major profit-taking today? I don't see panic in the market, just people taking advantage of an excuse to sell.

For my take on what the news from Brazil means to Madera, my post on the other thread:

Message 7259248

Good luck today...if you have any dry powder, a lot of good bargains are being created.

Rick



To: Proletariat who wrote (3397)1/13/1999 3:40:00 PM
From: WILLIE L HUNT  Read Replies (2) | Respond to of 3693
 
Since WOOD do not spend US dollars in Brazil But use low cost labor to produce and ship it products to the world give WOOD a great opportunity to capitalize upon. We have to remember that Madera Int. is not selling to Brazil and Brazil currency devaluation is the best thing that can happen to WOOD