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[sharechat] More slide for BCH?


From: "David Thompson" <dvd_tpn@hotmail.com>
Date: Sun, 07 May 2000 09:09:02 NZST


Richard Leggat of Merrill Lynch was quoted in yesterday's Christchurch Press 
as saying that he expected the price of Baycorp to contract more in the 
weeks ahead. The price has fell just over 20% in recent weeks from a high of 
around the $11.30 mark to $9.35 sinking to a low of $9.20 at one stage last 
Friday. Do BCH investors sell now, pick up profit and re-enter, if desired, 
at a lower entry price? I am sure Merrill Lynch would know what they are 
talking about!
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