The Deen's List Vol.4 #268

The Deen's List^TM

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

Vol.4 #268 Tuesday, December 19, 2006 3:52PM ET

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

Market Stance: BEARISH (since December 18, 2006)

Contents

Year-To-Date Performance
Sold Dolby Laboratories (DLB) +16.1% (after commissions)
Open Positions
Subscription Information
Privacy Policy
Disclaimers
Contact Us

Year-To-Date Performance

Year-To-Date as of December 18, 2006
Deen Capital	+21.1%	*
S&P 500	+15.9%

* 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 Dolby Laboratories (DLB) +16.1% (after commissions)

Net sell price in managed accounts* $31.00

Date(s) bought Nov 10 2006

Net buy price in managed accounts* $26.70

Holding period 5.6 weeks

Gain/loss in managed accounts +16.1% (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.

We have an excellent short-term gain in this stock, and it is weak today. I am casing in because I am still bearish, with a bias toward sitting on cash. My indicators are telling me that the market is vulnerable here.

-KD, December 19, 2006

Open Positions

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

Palomar Med Tech PMTI 12/14/06 $53.23 $51.70 0.7 -2.9%

Gulf Island Fabrication GIFI 12/06/06 $39.06 $37.49 1.9 -4.0%

SimpleTech Inc. STEC 12/04/06 $10.30 $11.22 2.1 +8.9%

DSW Inc. DSW 11/30/06 $38.12 $39.21 2.7 +2.8%

Dress Barn The DBRN 11/30/06 $24.12 $23.38 2.7 -3.1%

Cisco Sys Inc. CSCO 11/15/06 $26.62 $27.64 4.9 +3.8%

* 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 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.

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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.

The Deen's List
PO Box 30925
Santa Barbara, CA 93130
(805) 682-1870
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