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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company
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To: Novice Bob who wrote (835)3/10/1998 7:12:00 AM
From: ChrisJP  Read Replies (2) of 2232
 
Dear Bob,

I am in the systems integration business. There is definitely more work that there are workers. Magra's payroll is up as well as there revenues. These are very good signs. At my company, when it's all said and done (meaning office rent, travel, unbillable hours) we still manage to earn a 10% 15% profit margin. Why can't Magra ?

We all agree the potential is there is some attention given to the bottom line. I looked at Magra's annual report and I think there's plenty of room for reducing their cost of doing business by $100,000. This would translate into profits. The question is: will they do it ?

Regards,
Chris
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