The Deen's List Vol.3 #230

The Deen's List^TM

A service of Deen Capital Management, Inc. (www.deencapital.com)

Vol.3 #230 Friday, September 16, 2005 9:45AM ET

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

Market Stance: BULLISH (since September 6, 2005)

Contents

Year-To-Date Performance
Sold Seacor Holdings Inc. (CKH)
Open Positions
Subscription Information
Privacy Policy
Disclaimers

Year-To-Date Performance

Year-To-Date as of September 15, 2005
Deen Capital	-1.4%	*
S&P 500	+1.3%

* 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 Seacor Holdings Inc. (CKH)

Net sell price in managed accounts* $66.99

Date(s) bought Aug 10 2005

Net buy price in managed accounts* $70.36

Holding period 5.3 weeks

Gain/loss in managed accounts -4.8% (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 had set a hard stop-loss price on this stock of $67. When I saw it trading below that mark in the final minutes of yesterday's session, I decided to sell. Some accounts sold late yesterday, while others sold early today.

-KD, September 16, 2005

Open Positions

Company Name Stock
Symbol Buy
Date NetBuy
Price* Current
Price Weeks
Held Gain
(Loss)

Powerwave Technologies, Inc. PWAV 09/15/05 $12.33 $12.33 0.1 -0.0%

SFBC International Inc. SFCC 09/09/05 $44.48 $43.94 1.0 -1.2%

Biovail Corp. BVF 09/09/05 $22.24 $22.14 1.0 -0.5%

Psychiatric Solutions Inc. PSYS 09/06/05 $49.51 $53.25 1.4 +7.5%

Martin Marietta Materials MLM 09/06/05 $73.08 $71.09 1.4 -2.7%

Neoware Systems Inc. NWRE 09/02/05 $13.14 $15.05 2.0 +14.5%

PetMed Express Inc. PETS 09/01/05 $10.47 $11.23 2.1 +7.3%

Tiffany & Co. TIF 08/31/05 $37.40 $37.35 2.3 -0.1%

Tidewater Inc. TDW 08/31/05 $45.05 $44.90 2.3 -0.3%

NVIDIA Corp. NVDA 08/30/05 $30.01 $33.49 2.4 +11.6%

ZYGO Corp. ZIGO 08/26/05 $12.48 $12.71 3.0 +1.9%

NetEase.com Inc. NTES 08/04/05 $74.35 $83.22 6.1 +11.9%

Hologic Inc. HOLX 07/27/05 $43.79 $47.11 7.3 +7.6%

Getty Images Inc. GYI 07/27/05 $79.78 $82.84 7.3 +3.8%

Amgen Inc. AMGN 07/21/05 $80.00 $83.87 8.1 +4.8%

The Sportsman's Guide, Inc. SGDE 07/19/05 $21.42 $25.50 8.4 +19.1%
Average 3.5 +5.3%

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

Subscription Information

Welcome to The Deen's List^TM, 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.

This newsletter is free to managed account clients. For a limited time, it is also free to all interested parties.

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 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.

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