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

To: Rajeev Mohnot who wrote (1676)	7/27/1998 3:24:00 PM
From: Jack	Respond to of 2232

Rajeev, Where did you come up with an August 11th date? Speculation? Can someone answer me if HNLY filled with the SEC? I've checked but came up empty.

To: Rajeev Mohnot who wrote (1676)	7/27/1998 8:42:00 PM
From: lostmymoney	Read Replies (1) \| Respond to of 2232

What people stated book value at 2 bucks also Rajeev? Speculation Also? You comments leave some holes. Please fill if you can. Mike

To: Rajeev Mohnot who wrote (1676)	7/28/1998 12:21:00 AM
From: Psycho Killer	Read Replies (1) \| Respond to of 2232

Book value figures of "over $2" came from the company -- both its website, which had a figure of $2.88 or something like that, and its former P.R. guy, Jeff Brommer, who apparently told people book value would be going considerably higher. No way, no how does HNLY have a tangible worth anywhere near those figures. If the numbers were true at all, they likely included a ton of intangibles -- such as goodwill from the string of unprofitable acquisitions made by the company, especially before it changed its name to Henley. In other words, goodwill reflecting essentially no actual value or even earnings potential.