The Deen's ListTM
A service of Deen Capital Management, Inc. (www.deencapital.com)
Vol.2 #287 Tuesday, December 7, 2004 4:40PM ET

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

Market Stance: BEARISH (since December 7, 2004)

  Contents

Year-To-Date Performance
Sold Charles River Assoc Inc. (CRAI)
Sold DHB Industries Inc. (DHB)
Sold Excel Maritime Carriers (EXM)
Sold KongZhong Corp. (KONG)
Sold Accredited Home Lenders (LEND)
Sold M.D.C. Holdings Inc. (MDC)
Sold Nanometrics Inc. (NANO)
Sold NETGEAR, Inc. (NTGR)
Sold Rofin-Sinar Tech Inc. (RSTI)
Sold Sigmatel Inc. (SGTL)
Sold Sify Ltd. ADR (SIFY)
Sold United Therapeutics Corp. (UTHR)
Open Positions
Subscription Information
Privacy Policy
Disclaimers

  Year-To-Date Performance

Year-To-Date as of December 6, 2004

Deen Capital+8.4%*
S&P 500+7.0%

* An average of managed accounts, net after commissions and fees. Individual account results may vary. See also www.deencapital.com/perform.htm. For information on managed accounts, see www.deencapital.com/mgdaccts.htm.

  Sold Charles River Assoc Inc. (CRAI)

Net sell price in managed accounts* $43.88
Date(s) bought Sep 30 2004
Net buy price in managed accounts* $38.19
Holding period 9.7 weeks
Gain/loss in managed accounts +14.9% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold DHB Industries Inc. (DHB)

Net sell price in managed accounts* $17.99
Date(s) bought Dec 1 2004
Net buy price in managed accounts* $18.60
Holding period 0.9 weeks
Gain/loss in managed accounts -3.3% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold Excel Maritime Carriers (EXM)

Net sell price in managed accounts* $32.81
Date(s) bought Nov 23 2004
Net buy price in managed accounts* $27.91
Holding period 2.0 weeks
Gain/loss in managed accounts +17.6% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold KongZhong Corp. (KONG)

Net sell price in managed accounts* $10.31
Date(s) bought Dec 7 2004
Net buy price in managed accounts* $11.17
Holding period 0.0 weeks
Gain/loss in managed accounts -7.7% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold Accredited Home Lenders (LEND)

Net sell price in managed accounts* $44.91
Date(s) bought Nov 30 2004
Net buy price in managed accounts* $42.93
Holding period 1.0 weeks
Gain/loss in managed accounts +4.6% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold M.D.C. Holdings Inc. (MDC)

Net sell price in managed accounts* $76.40
Date(s) bought Oct 12 2004
Net buy price in managed accounts* $72.28
Holding period 8.0 weeks
Gain/loss in managed accounts +5.7% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold Nanometrics Inc. (NANO)

Net sell price in managed accounts* $16.52
Date(s) bought Nov 2 2004
Net buy price in managed accounts* $14.71
Holding period 5.0 weeks
Gain/loss in managed accounts +12.3% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold NETGEAR, Inc. (NTGR)

Net sell price in managed accounts* $17.29
Date(s) bought Nov 3 2004
Net buy price in managed accounts* $13.68
Holding period 4.9 weeks
Gain/loss in managed accounts +26.4% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold Rofin-Sinar Tech Inc. (RSTI)

Net sell price in managed accounts* $37.55
Date(s) bought Nov 10 2004
Net buy price in managed accounts* $37.22
Holding period 3.9 weeks
Gain/loss in managed accounts +0.9% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold Sigmatel Inc. (SGTL)

Net sell price in managed accounts* $34.87
Date(s) bought Oct 21 2004
Net buy price in managed accounts* $28.28
Holding period 6.7 weeks
Gain/loss in managed accounts +23.3% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold Sify Ltd. ADR (SIFY)

Net sell price in managed accounts* $6.29
Date(s) bought Nov 24 2004
Net buy price in managed accounts* $6.88
Holding period 1.9 weeks
Gain/loss in managed accounts -8.6% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Sold United Therapeutics Corp. (UTHR)

Net sell price in managed accounts* $42.32
Date(s) bought Nov 29 2004
Net buy price in managed accounts* $43.54
Holding period 1.1 weeks
Gain/loss in managed accounts -2.8% (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.

I sold most stocks today because I turned bearish today. I refer you to my Market Timing Alert (Vol.2 #286) sent less than an hour ago.

-KD, December 7, 2004

  Open Positions

Company Name Stock
Symbol		 Buy
Date		 NetBuy
Price*		 Current
Price**		 Weeks
Held		 Gain
(Loss)
China Yuchai Int'l Ltd.CYD12/02/04$17.51$17.460.7-0.3%
Bluegreen Corp.BXG11/23/04$14.64$18.222.0+24.5%
Innovative SolutionsISSC11/18/04$29.02$30.912.7+6.5%
Infocrossing Inc.IFOX11/17/04$15.05$17.212.9+14.3%
NCI Building Systems Inc.NCS11/16/04$34.72$38.803.0+11.7%
Monarch Casino & ResortMCRI10/27/04$27.11$33.635.9+24.0%
Digital River Inc.DRIV09/13/04$27.42$42.5012.1+55.0%
Average4.2+19.4%

* Net buy prices shown are the total net purchase cost after commissions for all managed accounts divided by the total number of shares.

** Current prices are at least 20 minutes old.

  Subscription Information

Welcome to The Deen's ListTM, an e-mail stock newsletter from Deen Capital Management, Inc.

My intention is to inform you as quickly as is practical regarding my stock market moves. When I buy or sell a stock, first I take care of client accounts, then I buy/sell for my personal account(s), and then, third, I send out this newsletter.

Your feedback is welcome. Send e-mail to deenslist@deencapital.com. To subscribe or unsubscribe, include the word "subscribe" or "unsubscribe" in the Subject line.

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  Privacy Policy

Your personal information, including your e-mail address, will be held in strict confidence by Deen Capital Management, Inc. We will not share it with or sell it to others.

  Disclaimers

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

Past performance is not necessarily indicative of future results.

The information contained herein has been compiled from sources deemed to be reliable; however, we are not responsible for its accuracy or completeness.

 

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

Copyright © 2004 Deen Capital Management, Inc.