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Re: KauaiPI post# 12922

Thursday, 05/08/2003 9:29:11 AM

Thursday, May 08, 2003 9:29:11 AM

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I only have a few minutes a day to devote to posting on these boards as my work takes up most of my time. ELN seems to be doing well. The good thing about the price going up is that the convertible debt will have a less dilutive effect as the price rises. Hopefully they will be able to work out a way to keep the debt holders from converting into common but if not, the higher price is certainly a blessing to long term shareholders. In regards to DFNS, I have been watching it for a while but I am not really playing Microcaps right now. I have been more interested in building up a dividend portfolio for long term appreciation. When the markets pick up and overall volume begins to rise, I will probably get back into some short term trading.

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