Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Proletariat who wrote (906)	1/26/1999 8:03:00 PM
From: Proletariat	Read Replies (2) \| Respond to of 1979

Random thought relative to any skepticism(Janice) about whether land deal is really worth $96 million....... Keyes Company is described in the release as "largest privately owned realtor in South Florida and one of the largest realtors in the United States." I'm assuming that the "ask" price was set in consultation between Madera and Keyes. If I were the Keyes Company I would consider my credibility to be somewhat in play in making the statement about the land price. I guess some realtors might "take the listing on my house" even if they thought my desired price was ridiculous. But I wouldn't want a realtor to take my listing and not tell me it was out of line. Doubt if Keyes is that desperate. Just thinking out loud.

To: Proletariat who wrote (906)	1/26/1999 10:48:00 PM
From: TOPFUEL	Read Replies (1) \| Respond to of 1979

Ramiro Fernandez-Moris, CEO of WOOD, stated that the company is now focused on growth and will convert a good portion of the company owned timberland assets in Brazil into solid industrial growth by their subsequent sale. The company is in position to approve expansion projects such as the acquisition of two more sawmills, a plywood plant, and equipment to manufacture finished products such as furniture parts and moldings, once the land sales have been finalized. The company will also increase its environmental replanting programs with the additional funding achieved from these land sales. Question is how long will all this take and how much will it all cost??? David