Posted on: Sunday, April 4, 2004
HAWAI'I MARKET WATCH
			A snapshot of Hawai'i stock and mutual fund performance
	Spotlight: Pacific Capital Tax-Free Short Intermediate
Advertiser Staff
| Ticker: | PCTSX | 
| Fridays close: | $10.42, down 5 cents | 
| YTD return: | 0.52 | 
| 1-year return: | 2.37 percent | 
| Total assets: | $65.77 million | 
| Focus: | Investment grade muni bonds | 
| Expense ratio/12b-1 fee: | 1.22 percent | 
| Front load/Early with.: | 3.25 percent | 
| Management fee: | 0.4 percent | 
| Morningstar rating: | 2 out of 5 stars | 
| Inception date: | Oct. 14, 1994 | 
	
				 
				 | 
	
	
| 
			 
				NAME 
		 | 
		
			 
				TICKER 
		 | 
		
			 
				DESC 
		 | 
		
			 
				TYPE 
		 | 
		
			 
				LAST CLOSE PRICE 
		 | 
		
			 
				CLOSE PRICE 
		1 YR AGO  | 
		
			 
				1-YR TTL RET (%)* 
		 | 
		
			 
				5-YR TTL RET (%)* 
		 | 
	
| Alexander & Baldwin | ALEX | Nasdaq | Marine trans. | 
			 
				34.4 
		 | 
		
			 
				35.14 
		 | 
		
			 
				24.35 
		 | 
		
			 
				1.46 billion 
		 | 
	
| Bank of Hawaii | BOH | NYSE | Financial services | 
			 
				45.27 
		 | 
		
			 
				47.45 
		 | 
		
			 
				31.19 
		 | 
		
			 
				2.48 billion 
		 | 
	
| Barnwell Industries | BRN | AMEX | Oil and natural gas | 
			 
				42.49 
		 | 
		
			 
				48.00 
		 | 
		
			 
				22.25 
		 | 
		
			 
				56.1 million 
		 | 
	
| CB Bancshares | CBBI | Nasdaq | Financial services | 
			 
				71.85 
		 | 
		
			 
				73.51 
		 | 
		
			 
				40.78 
		 | 
		
			 
				312.8 million 
		 | 
	
| Central Pacific Financial | CPF | NYSE | Financial services | 
			 
				29.42 
		 | 
		
			 
				30.50 
		 | 
		
			 
				23.92 
		 | 
		
			 
				473 million 
		 | 
	
| Cyanotech Corp. | CYAN | Nasdaq SC | Nutritional supps. | 
			 
				1.36 
		 | 
		
			 
				2.30 
		 | 
		
			 
				0.36 
		 | 
		
			 
				27.5 million 
		 | 
	
| Hawaiian Electric Industries | HE | NYSE | Utility, financial services | 
			 
				52 
		 | 
		
			 
				53.75 
		 | 
		
			 
				39.53 
		 | 
		
			 
				1.98 billion 
		 | 
	
| Hawaiian Holdings | HA | AMEX | Airlines | 
			 
				3.77 
		 | 
		
			 
				5.10 
		 | 
		
			 
				0.29 
		 | 
		
			 
				107.3 million 
		 | 
	
| Maui Land & Pineapple | MLP | AMEX | Agr. | 
			 
				37 
		 | 
		
			 
				39.65 
		 | 
		
			 
				17.80 
		 | 
		
			 
				269.9 million 
		 | 
	
| Mera Pharmaceuticals | MRPI | OTC BB | Biomed. | 
			 
				0.033 
		 | 
		
			 
				0.10 
		 | 
		
			 
				0.03 
		 | 
		
			 
				14 million 
		 | 
	
| ML Macadamia Orchards | NUT | NYSE | Agr. | 
			 
				4.56 
		 | 
		
			 
				4.75 
		 | 
		
			 
				3.16 
		 | 
		
			 
				34.2 million 
		 | 
	
Source: Bloomberg News Service
	


				