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

To: TOPFUEL who wrote (1027)	1/31/1999 9:55:00 AM
From: Proletariat	Read Replies (2) \| Respond to of 1979

OK, TOP, but HELLQAT and I took our shot at projecting a $ target for WOOD. What would be your projection for 12/31/99, $1, $.50, total bankruptcy and $0? Take a stand, what's your guess?

To: TOPFUEL who wrote (1027)	1/31/1999 12:54:00 PM
From: Laszlo	Read Replies (3) \| Respond to of 1979

Topfuel, You were asking for examples of stocks with high float and market cap of around $400Million......close to what WOOD would be if it were $5. Here's a couple: biz.yahoo.com 40 million outstanding, 27.6M float. Stock has been to $29.50 on NO earnings. $325M market cap NOW, at only $8 per share. Market cap was $1.2B at the peak, assuming no new shares. biz.yahoo.com 51.2 Million outstanding, 33M in float. Market cap of $460M, and stock has been as high as $37 in the past year on NO earnings. I don't know what the market cap was at $37. It's around $8 now. And one more for good measure: biz.yahoo.com This one is a little more like Madera... 68M outstanding, 50M float. Has been as high as $24 in the past year, now at about $6. Market cap is $400Million now. Look where it was at it's peak. How many more do you want? Madera has a market cap NOW of only $11M with outstanding shares of about 70M, float around 50M. Surely it's worth more than that, and $400M isn't out of line with the land holdings they have, not to mention the potential website income. I've seen this stock at $2.50 myself, a few years ago, with much less promise than today. BTW, all data is from Yahoo, so I can't vouch for the accuracy. Laszlo