Forum Archive Index - May 2002

["winner69 ." <wwinner69@hotmail.com>]

Snoopy in his efforts to convince Phaedrus that he looks at some charts the 
wrong way brought up Baycorp Advantage. Snoopy said "There has been 
discussion on the forum about the price falling and whether the current 
price reflects a suitable entry point.  What chart would you look back on 
when making your decision?  Baycorp or Data Advantage? Perhaps you look at 
both separately?  Or perhaps my solution which is looking at a combined 
chart based on both previous charts is the way to go?"

You lost the plot or something mate? or just trying to wind Phaedrus up 
again? I am a bit worried about things burning holes in your brain - hate 
you to lose it altogether?

Hope it is trying to wind Phaedrus up or else you are your ignorance of the 
situation.

Only one answer to the quaestion you posed. You would have to look at the 
BCA (renamed from DAD) chart which goes back some years in Australia and 
only back to December in New Zealand. Why? Data Advantage 'took over' (some 
say a merger) Baycorp by issuing shares to the Baycorp shareholders. Baycorp 
does not now exist on either exchange. Data Advantage changed their name to 
Baycorp Advantage - that is the entity punters now have an interest in.


I don't think for a moment that you thinking of buying BCA shares Snoopy but 
if you were at today's close of $3.63 in Australia you would want to wait 
before becoming too excited and jumpin in. I wouldn't have a bar of soap of 
it at the moment.

The long term BCA chart would show that there is little support levels below 
where the price is now. BCA (or DAD as it was) floated at $3.00 some years 
ago (mid 19980 - amazing what can happen over time.







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