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

To: Lawrence Burg who wrote (434)	3/1/1998 11:55:00 PM
From: Ken W	Read Replies (2) \| Respond to of 2232

Lawrence, LOL....Do you have any idea how much liability Schwab would incur for doing such a thing as Matt claims. This to too funny. I use Schwab and DLJ. Schwab is very nice to deal with, but in no way will they place themselves in any kind of jeopardy. BTW Schwab commissions are 29.95 per + .03 per share over 1000 shares. Ken W

To: Lawrence Burg who wrote (434)	3/2/1998 2:45:00 AM
From: Matt Black	Read Replies (2) \| Respond to of 2232

I'm getting really tired of wasting my time answering these snide questions on a thread full of penny ante investors. I'm also tired of being maligned by all of you posters who think buying 1000 shares of a penny stock is a big deal. But, since my credibility has come under so much fire by the Henley Cheerleaders, I'll take a moment and explain a few things. First of all, since Matt Black is not my real name and I have not yet filled out my bio and may never now, I wouldn't expect you to automatically trust that I am a "player", but I will tell you this. I'm a member of the Schwab 500 and I don't pay commissions on most trades. If you bother to look up the requirements for this status, you will notice that you have to have a $Million in your account and some demonstrated frequency of trading. My broker may not give me advice, but I get a little higher level of information than a Value Line report, i.e., a private audience on a conference call every now and then with the CEO of a certain company when I'm interested in possibly buying a large block of stock. I suppose the reason I was able to talk directly with him has to do with the fact that my broker had prefaced my call with a brief description of who I was and the type of size I trade. He knew I wasn't someone calling him to ask him some assinine question so that I could decide whether or not to buy 50 shares. Our entire conversation was recorded and has been transcribed and faxed (about 9 pages worth). If you want to know why I haven't talked to Jeff Brommer yet, the answer is that I didn't feel I needed to. I had just talked to the CEO. The fact is I really hope there is a plausible explanation for all this confusion. Maybe, Jeff simply heard that earnings would be released sometime this month after the second and took that to mean the week of the 2nd. All I know is what I heard from the CEO as stated in my original post #415. Now, in the interest of certainty, you can bet I'll be calling him back to see if there was some misunderstanding as to the question or his answer, but for now, I heard what I heard. Secondly, I am extremely serious about this stock, or for that matter any stock I'm in this deep, so don't give me sh'' about talking or not talking to some PR guy or reading some stupid newsletter. I got my information from THE man. Apparently, not one other poster on this thread has been able to reach the CEO himself and simply ask him what he said. If you don't want useful info, I'll keep it to myself as some have suggested and let you know the day after I've sold my position and how much profit I made. You're trying to kill the messenger because I'm telling you something you don't want to hear since it doesn't make you feel good. Well, you can all go stick your heads in the sand for all I care. Now, for something constructive, I've done extensive due diligence on HNLY and I've compiled enough information to believe that this stock is for real. I believe that the book value as stated is correct. I think that earnings "whenever they are released" will be in the black. I don't foresee any negative surprises ahead and I do believe that the recently completed acquisitions will be accretive to future earnings. By the way, I won't be in just for the earnings announcement anyway. This company deserves a much longer investment horizon than just a few months with what they've got going for them in the information technology area. This reminds me of a big position I took a few years ago in a little stock called A I Corp which became Trinzic and then merged to become Platinum Technology. I originally bought A I Corp at around $1 with a book value of around $2.50 to $3.00, I think. PLAT has been over $30 this year and is still growing by leaps and bounds. Anyway, this will be my last post for awhile so I guess the Cheerleaders can take over from here!