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


To: Smart_Trader98 who wrote (1049)3/23/1998 7:49:00 PM
From: gb packer  Read Replies (1) | Respond to of 2232
 
i am going to stick around, but doesn't it strike you as somewhat odd that a company's former PR firm would choose to short a "great" company who was a previous client, as some way of getting back at them. i find it this explanation to be somewhat difficult to swallow. and what's with jeff b touting other stocks, re. etpi, i never knew these PR guys wore so many hats....market makers, investment bankers, analysts, etc.



To: Smart_Trader98 who wrote (1049)3/24/1998 1:59:00 AM
From: Psycho Killer  Read Replies (2) | Respond to of 2232
 
Well, every investor has to make his or her own decisions, but I personally have real problems with HNLY's story that it will disclose the terms of all its deals in its SEC filing in mid-May.

HNLY announced the MC Technologies deal on November 25, 1997. For the MGRA deal, HNLY announced on May 8, 1997 the signing of a letter of intent, and on November 3, 1997 announced the acquisition of 64% of MGRA.

HNLY has been around under the name Henley Group (as opposed to NewReach Communications (NRCI) or Advent (AVTI)) since about April 1, 1997. Basically, then, HNLY has yet to make public disclosure of ANY details of ANY deal it has made.

So what kind of shares, debentures, warrants, etc. are out there; what terms go with them; and who owns them? I sure as heck don't know. I also don't seewhy the company has to wait until mid-May to disclose even the barest outlines of its acquisitions and its deal with the investment banking firm.

When assessing a company, I usually don't pay much attention to what the company has to say in private communications until the company already has shown credibility in other ways. In some instances direct communications with a company can help to fill in informational gaps -- but not gaps as gaping as the terms of a company's acquisitions.

Just to be clear -- did Jeff Brommer tell you himself that HNLY would be trading at $1.50 to $1.75/share if not for a previous PR firm that shorted the stock?

-- Jim



To: Smart_Trader98 who wrote (1049)3/24/1998 10:38:00 PM
From: IRVINESULLY  Read Replies (1) | Respond to of 2232
 
Great...

Their former PR firm was "shorting" Henley...So they announce a deal with Meyerson!! I only hope that their deal with them will not allow them to touch any warrants, etc. for a while...maybe they will work to get the price back up instead of also trying to short them! 'cause no sooner was the deal announced, and the stock started sliding again..wonder how many "cheap" shares are being scooped up to sell back to us? I hope HNLY knows what they are doing, or we are going for a ride, but in the wrong direction! And if they have 45 days, well that means some MM (???) has a long time to play with the price! I have a hard time seeing a stock going down when a company is claiming they are going to be profitable? Any other opinions out there? Just slightly leary at the moment.



To: Smart_Trader98 who wrote (1049)3/25/1998 5:30:00 PM
From: P.L.A.  Respond to of 2232
 
That was the most ridiculous post I've read in a long time, but I respect the fact that you at least called. Jeff B. is truly full of it. I don't think he knows any more than the rest of us, and those were even more vague answers than I've heard previously. Re-read that post, there wasn't a straight answer in the bunch! Old PR firm was shorting their stock or they'd be at $1.50 or so?? COME ON!!
They have 45 days after March 31st to release financials?? Once again, COME ON!! This is the same Jeff Brommer that said mid April! This is getting pathetic, and looking more like some low-rent tent show every day....I'm stuck in the turkey for now, but I'll be out when and if these pumpsters get it falsely above .70 again...Yeesh...stupid play on my part, glad it wasn't the egg money...
Pablo