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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (39)	2/22/1998 3:24:00 PM
From: Beermeister	Respond to of 2232

You are right! That is why I am only watching. Until I see some reason for buying, like a strong move over .50, I am not touching. Unlike many investors, I have found that it is much more profitable sitting on the sidelines and sifting through the hype, waiting for reality to set in. There is definitely something wrong. $2.28 book value? Come on.

To: Andrew H who wrote (39)	2/22/1998 11:24:00 PM
From: Warlock	Read Replies (1) \| Respond to of 2232

I wish I had my numbers from the PR firm, but book value is accurate. Pardon any mistakes here. They have cash in bank in excess of 1 million last I heard. I believe MAPP was valued at 5 million, and MC at 1 million (as I said, this is from memory, not from my notes). But the clincher. . . HNLY owns 15 million shares of MAGRA. At about .70 cents American per share, that's 10.5 million bucks. Divided by nine million shares, MAGRA stock is worth over $1 per share. Book value is actually lower than $2.28 now, due to fluctuations in MAGRA stock price. But MGRA is rebounding. Definitely undervalued, in any man's terms. Why buy MGRA if you can buy 3 times the shares by buying HNLY (not to mention a bunch of other assets).

To: Andrew H who wrote (39)	2/22/1998 11:52:00 PM
From: purecntry5	Read Replies (1) \| Respond to of 2232

What kind of hype is on this board? We have merely stated the facts that are available. Of course its a BB stock and every detail down to the toilet paper used isnt available. Thats why its .30 and a speculation. ...If you call someone posting their beliefs and opinions "hype" then you shouldnt be reading ANY of these boards or watching television or listening to a broker or anything. Get the SEC filings for the companies mailed to your house and thats it. Dont call the company because they will "hype" it too.....Show me a board without the longs being bullish and the shorts bearish. €á