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

To: ArtAlley who wrote (594)	1/20/1999 9:19:00 AM
From: interesting man	Respond to of 1979

They sure wont have a lack of inventory problem will they???

To: ArtAlley who wrote (594)	1/20/1999 9:28:00 AM
From: David T. Groves	Respond to of 1979

Art, this company is inherently a good investment. I never pretended to have the insight or knowledge that Ressinger and Hardy have in this stock. I just guess that I want the company to realize that there are a lot of eyes on them right now. The last quarter report and the way the web site was handled disapointed me. They are so close, they have to get just a little better. Dave

To: ArtAlley who wrote (594)	1/20/1999 9:29:00 AM
From: Richard L. Williams	Read Replies (1) \| Respond to of 1979

Art-- The "no sales" you refer to is traditional in the rainy season, ie., 2nd Quarter. While in previous years Madera might have gotten a ship loaded when the monsoon season ended, this year the rain shifted to a bit later in the year due to el nino, and nothing was sold. I do not blame the company for the weather. I do wonder why it issued 6.5m shares, and I do wonder why it issued confusing numbers. But $147,000 cash is a fair amount, and the 3rd Qtr numbers will be here soon. I have little worry that things are still in turnaround mode. Been here three years, I am not pulling the plug now! Rick