The Deen's List(TM)
A service of Deen Capital Management, Inc. (www.deencapital.com)
Vol.1 #73           Thursday December 4 2003           3:49pm ET

Please read carefully our disclaimers at the end of this newsletter.

Market stance: BULLISH (since Oct 3 2003)

******************************* Contents *******************************

Sold DIOD
Sold SHRP

*********************** Sold Diodes Inc. (DIOD) ************************

Net sell price in managed accounts(*).... $18.94
Date(s) bought........................... Nov 4 2003
Net buy price in managed accounts(*)..... $25.46
Holding period........................... 4.3 weeks
Gain/loss in managed accounts............ +11.6% (after commissions)

(*) The net buy (sell) price is the total net cost (proceeds) after
commissions for all managed accounts divided by the total number of
shares.

There are signs of an incipient correction in semiconductor stocks,
including a double-top pattern in the Semiconductor Holders' Trust
(SMH).  Also, this particular stock is today (Thu Dec 4) having a
bearish intraday reversal.  The stock was up sharply in the morning to
a new multi-year high, only to give back that gain and then some
this afternoon.  A multi-year chart of this stock going back to mid-2000
reveals an all-time high in the low 20s at that time.  Today we tested
and retreated from that apparent resistance level.

I still like this stock longer term, and I would certainly consider
returning to it at a later date.  Right now, however, a short-term
correction may have just begun this afternoon, so I chose to lock in
our profit.


******************* Sold Sharper Image Corp. (SHRP) ********************

Net sell price in managed accounts(*).... $29.28
Date(s) bought........................... Nov 25 2003
Net buy price in managed accounts(*)..... $30.83
Holding period........................... 1.3 weeks
Gain/loss in managed accounts............ -5.0% (after commissions)

(*) The net buy (sell) price is the total net cost (proceeds) after
commissions for all managed accounts divided by the total number of
shares.

Like DIOD, this stock also had a bearish intraday reversal today (Thu
Dec 4).  It was up sharply in the morning, and down sharply in the
afternoon at the time I sold.  I also see a possible double-top
pattern here, with today's intraday high of $32 matching the last
all-time high of $31.98 set on Nov 12.

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************************ IMPORTANT DISCLAIMERS *************************

* All stocks discussed in The Deen's List(TM) involve a high degree of
risk.  It should not be assumed that any stock discussed in The Deen's
List(TM) or purchased by Deen Capital Management, Inc. will be
profitable.

* Past performance is not necessarily indicative of future results.

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************************************************************************

Ken Deen
Deen Capital Management, Inc.
PO Box 30925
Santa Barbara, CA 93130
(805) 682-1870
deenslist@deencapital.com

Copyright (C) 2003 Deen Capital Management, Inc.