The Deen's List Vol.6 #266

The Deen's List^TM

Our Goal: To outperform the S&P through up markets and down.

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

Vol.6 #266 Tuesday, August 19, 2008 10:21AM EDT

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

Market Stance: BULLISH (since July 17, 2008)

Contents

Performance
Sold Sapient Corp. (SAPE)
Open Positions
Subscription Information
Privacy Policy
Disclaimers
Contact Us

Performance

Deen Capital S&P 500

Year-to-date as of August 18, 2008 -11.3% * -11.8%

12 months (Aug 18, 2007 to Aug 18, 2008) +3.5% * -9.8%

* An average of managed accounts, net after all commissions and fees.

Click here for more performance data.

Click here for information on managed accounts.

Sold Sapient Corp. (SAPE)

Net sell price in managed accounts* $8.70

Date(s) bought Aug 8 2008

Net buy price in managed accounts* $8.16

Holding period 1.6 weeks

Gain/loss in managed accounts* +6.7% (after commissions)

* Buy and sell prices shown are net after commissions and fees. This means that the gain/loss shown is also net after transaction expenses.

Today, Tuesday, August 19, 2008, I sold SAPE, first for client accounts, then for my personal accounts.

As with APH yesterday, I see a possible double-top in this stock's chart pattern. I'm erring on the side of caution. Under normal market conditions, I would wait a little longer, as signs of a double-top in this stock at this point are exceedingly tentative. But the stock has touched, and is now backing off from, the $9 mark, which is within pennies of the 52-week high set in December.

Also, I am concerned about market conditions. I'm still cautiously bullish, with the emphasis on caution.

-KD, Tuesday, August 19, 2008

Open Positions

Model Portfolio

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

SunPower Corp. SPWR 08/18/08 $89.00 $87.30 0.1 4.9% -1.9%

Estee Lauder Cos Inc. EL 08/18/08 $51.31 $50.96 0.1 5.0% -0.7%

Ebix Inc. EBIX 08/14/08 $105.10 $100.48 0.7 4.8% -4.4%

PAREXEL International Corp. PRXL 08/07/08 $32.62 $31.92 1.7 5.0% -2.1%

Thoratec Corp. THOR 08/05/08 $23.18 $23.91 2.0 6.2% +3.2%

II-VI, Inc. IIVI 08/05/08 $39.98 $45.15 2.0 5.7% +12.9%

Covidien, Ltd. COV 08/05/08 $52.60 $53.72 2.0 6.1% +2.1%

Varian Medical Systems VAR 07/24/08 $59.79 $64.45 3.7 6.7% +7.8%

Woodward Governor WGOV 07/22/08 $44.19 $44.27 4.0 5.2% +0.2%

St. Jude Medical STJ 07/16/08 $45.55 $46.50 4.9 6.4% +2.1%

Cash 44.0%

Total 100%

* Buy prices shown are net after commissions and fees.

** 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
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