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


To: P. Allee who wrote (1688)7/29/1998 11:31:00 AM
From: JONK  Respond to of 2232
 
P. ALLEE,

I agree with you. Besides the high percentage of good legitimate
businesses that fail in the first 5 years, couple that statistic
with the majority of these BB companies that do not really put up
any of their own money, but use shareholder money to totally fund
their ventures. So what if they fail, the owners, (CEO..whoever)
are not out any of their own cash, and probably have made out
alright financially in the interim. As far as HNLY being legitimate,
I really don't know. Like many other BB companies, they used to
forecast on their WEB site that they would make xx dollars per year.
I don't recall the actual amount, however the 5 year forecast was
absurd. These people like to show big revenue $$ for the industry,
and then sucker people in like they will, can, or even have a
legitimate business plan to acquire a pct of their respective market.
I don't doubt there are good, upcoming businesses, that will be
profitable and legitimate. It is almost comical to see the non
substance of information released by the company on their endeavors.
My hat is off to those that do legitimate DD and try to keep the
general investor community updated. You have to decipher hype from
fact, it is challenging. I have tried this for 6 months and have
decided that my tolerance level for this type of investing needs to
be limited to more concrete and specific knowledge about a company.
I just bailed out of LTGL, and now HNLY, then CSMA. I work as
a contractor for MCI, had I bought MCI stock 3 years ago when I started at approx. $17 a share, it hit $70 a share recently.
I compare the news releases and such to the stable Blue Chip
companies, although recognition, revenues, and all that are substantially more with the Big Boys, their news release are based
on fact, what they are doing, who is doing it, etc.....Along with
audited financial reports -----required...why? to show fact!
Good Luck to all!

Jeff O.



To: P. Allee who wrote (1688)7/29/1998 1:46:00 PM
From: Jack  Read Replies (2) | Respond to of 2232
 
P.Allee, you have the right to think that HNLY maybe a scam. I don't think that they are. I have only one suggestion to you. Stay away from HNLY. Penny stocks are VERY BIG risks. You should stick to blue chips. I see that you have made a considerable profit with MCI. That's good. I hope you make more. You say that to give you a promise or deadline that Henley has met. I can't and neither can anyone else. But for those of us who are willing to take a chance, I say that I really think that HNLY will release financials next week. I can not prove this, only time will tell. For those of you who are risk takers, I say to you, wait for next week, look at the numbers, and if you think HNLY is a company that will grow with time and acquisitions, then invest. If you don't think HNLY suits you, then stay away.