CERTIFICATION

     Barry R.  James,  Chief  Executive  Officer,  and Thomas L.  Mangan,  Chief
Financial Officer of the James Advantage Funds (the "Registrant"),  each certify
to the best of his or her knowledge that:

     1. The  Registrant's  periodic  report on Form N-CSR for the  period  ended
December 31, 2003 (the "Form N-CSR") fully  complies  with the  requirements  of
Sections 15(d) of the Securities Exchange Act of 1934, as amended; and

     2. The  information  contained  in the Form N-CSR fairly  presents,  in all
material  respects,  the  financial  condition  and results of operations of the
Registrant.

Chief Executive Officer                 Chief Financial Officer
James Advantage Funds                   James Advantage Funds


/s/ Barry R. James                      /s/ Thomas L. Mangan
- ------------------------------          ----------------------------------
Barry R. James                          Thomas L. Mangan
Date:   February 25, 2004               Date:  February 25, 2004


A signed  original  of this  written  statement  required  by Section 906 of the
Sarbanes-Oxley  Act of 2002 has been provided to the James  Advantage  Funds and
will be retained by the James  Advantage  Funds and furnished to the  Securities
and Exchange Commission (the "Commission") or its staff upon request.

This  certification  is being furnished to the Commission  solely pursuant to 18
U.S.C.  ss. 1350 and is not being filed as part of the Form N-CSR filed with the
Commission.