Posted on: Sunday, March 21, 2004
HAWAI'I MARKET WATCH
			A snapshot of Hawai'i stock and mutual fund performance
	Spotlight: Pacific Capital Small Cap-A
Advertiser Staff
| Ticker: | PCSAX | 
| Fridays close: | $16.72, down 7 cents | 
| YTD return: | 4.89 percent | 
| 1-year return: | 71.23 percent | 
| Total assets: | $89.6 million | 
| Focus: | small cap stocks, convertibles | 
| Expense ratio/12b-1 fee: | 1.85 percent | 
| Front load/Early with.: | 5.25/1 percent | 
| Management fee: | 0.4 percent | 
| Morningstar rating: | 4 out of 5 stars | 
| Inception date: | Dec. 3, 1998 | 
				 
				 | 
	
| 
			 
				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 transp. | 
			 
				2.53 
		 | 
		
			 
				35.14 
		 | 
		
			 
				24.35 
		 | 
		
			 
				1.38 billion 
		 | 
	
| Bank of Hawaii | BOH | NYSE | Financial services | 
			 
				46.02 
		 | 
		
			 
				47.45 
		 | 
		
			 
				29.98 
		 | 
		
			 
				2.52 billion 
		 | 
	
| Barnwell Industries | BRN | AMEX | Oil and natural gas | 
			 
				42 
		 | 
		
			 
				48.00 
		 | 
		
			 
				22.15 
		 | 
		
			 
				55.4 million 
		 | 
	
| CB Bancshares | CBBI | Nasdaq | Financial services | 
			 
				67.42 
		 | 
		
			 
				73.51 
		 | 
		
			 
				40.78 
		 | 
		
			 
				292.5 million 
		 | 
	
| Central Pacific Financial | CPF | NYSE | Financial services | 
			 
				27.91 
		 | 
		
			 
				30.50 
		 | 
		
			 
				23.92 
		 | 
		
			 
				449 million 
		 | 
	
| Cyanotech Corp. | CYAN | Nasdaq SC | Nutritional supps. | 
			 
				1.23 
		 | 
		
			 
				2.30 
		 | 
		
			 
				0.36 
		 | 
		
			 
				24.9 million 
		 | 
	
| Hawaiian Electric Industries | HE | NYSE | Utility, financial services | 
			 
				51.85 
		 | 
		
			 
				53.75 
		 | 
		
			 
				39.53 
		 | 
		
			 
				1.97 billion 
		 | 
	
| Hawaiian Holdings | HA | AMEX | Airlines | 
			 
				3.61 
		 | 
		
			 
				5.10 
		 | 
		
			 
				0.29 
		 | 
		
			 
				102.7 million 
		 | 
	
| Maui Land & Pineapple | MLP | AMEX | Agr. | 
			 
				34.12 
		 | 
		
			 
				39.65 
		 | 
		
			 
				17.80 
		 | 
		
			 
				245.5 million 
		 | 
	
| Mera Pharmaceuticals | MRPI | OTC BB | Biomed. | 
			 
				0.031 
		 | 
		
			 
				0.10 
		 | 
		
			 
				0.03 
		 | 
		
			 
				13.2 million 
		 | 
	
| ML Macadamia Orchards | NUT | NYSE | Agr. | 
			 
				4.45 
		 | 
		
			 
				4.75 
		 | 
		
			 
				3.16 
		 | 
		
			 
				33.4 million 
		 | 
	
Source: Bloomberg News Service


				