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

To: R. LYNN who wrote (1686)	7/29/1998 12:47:00 AM
From: Jack	Respond to of 2232

I am now convinced that we will see financials next week. Here is some info from hnlyinfo himself. "To All I spoke with Daisy today for about 20 minutes and believe it or not she had some pretty good information or sales pitch. Daisy said since Magra is across the border the auditing agency (Lazar, Levine & Co.)needed some confirmation on a few pieces of information to include in the report that SHOULD be in her hands by friday. Which means we should see it next week. I also spoke to her about the pr or lack of pr going on at Henley. She recognized the fact but wouldn't address any changes in the future. She said she has been on vacation for about a week and will return email messages starting next week. Daisy also acknowledged that Henley has put out a few bids for other companies but has not received any information back on those companies. As well, Daisy said a big acquisition could be announced by the end of August. She actually answered questions and also acknowledged Henley has submitted papers to the SEC for a relisting of Henley's stock on the NASDAQ. This process for relisting is slated for 4 - 6 months from now. I also spoke with Meyerson this morning and found out that Henley failed to close one acquisition last week but four other deals are on the table at this time and one looks like a done deal. Meyerson said Henley is supposed to have one acquisition per quarter and Henley failed to do so. She said it looks like Henley will have the opportunity to acquire a couple companies in the near future. She also said they are in the process of wrapping up the Open Order deal and that Open Orders was a profitable company. Asked about company financials and was told they sould be released next week but to expect a loss per share for the company and to expect a slight gain per share for the quarter ending in September due to the profitability of Open Orders and the ongoing acquisition of another company by the end of August. Finally, I asked about the decreasing price and was told that since there was very small volume with a price decline that a market correction was probably hitting Henley as well. Asked about the price of Henley 6 months from now and Meyerson still feels the price will be above one dollar. I see many people are getting frustrated but I don't feel there is a scam going on here because of so many players involved (Meyerson, Open Orders, Magra, etc.). I am frustrated as well but see the low price as an opportunity to lower my average price per share with a pending acquisition and POSSIBLE profitability on the way. I will probably pickup another 20,000 shares AFTER the financials are released that way any non-informed people who want to dump their shares for a loss can do so. Have faith in this one - by the end of 1998 you will be happy you held your shares. OFFTOPIC AXGI - Get in while you can and anything under .20 will get great returns in the next few weeks. PNTV - Gearing up for an August rise in stock price, great news ahead. ELY - Still high on Callaway with all the new things happening. Happy investing - HNLYINFO "