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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company

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To: Denice who wrote (402)3/1/1998 4:55:00 PM
From: Jane4IceCream  Read Replies (1) of 2232
 
Denice,

I have recieved unsolicited emails regarding HNLY myself from some brokerage or PR firm (cant recall). Quite a bit of "rah-rah" but thats what they are paid for.

The one thing that really distrubs me about the promo on HNLY is everything I have read includes mention of the book value, and the fact the company is confident they will be increasing book value. I believe book value is important, but what is wrong with the picture if the share price doesnt match or exceed book value NOW?? Most reporting companies have considerably less book value percentage than their shareprice!

The other thing about book value is that its not always an indicator of how the company is progreesing. I have been invested in two companies that were BB stocks in the past that claimed considerably higher book values than their share prices, and one of them turned out to be a scam (GIFS) and the other company never traded above .30 with a proclaimed book value of over $3!!

As Mr. Omnichrome says over on the FAMH thread all the time...."Be careful out there."

Have some candy

Jane
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