David Dreman Buys Frontier Oil Corp., Wachovia Corp., Exxon Mobil Corp., Sells Insituform Technologies Inc., EDO Corp., National City Corp.

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Feb 18, 2008
The Contrarian and the value guru, David Dreman undervalued companies with strong fundamentals, above-market dividend yields and historic earnings growth. The recent market corrections certainly give him a lot of opportunities, He has been buying energy stocks and financials. These are his buys and sells during the 4 th quarter.


David Dreman buys KBW Bank ETF, Select Sector SPDRFinancial, Exxon Mobil Corp., Allegheny Technologies Inc., Alcoa Inc., Grant Prideco Inc., Computer Sciences Corp., Lincoln National Corp., M&T Bank Corp., The Progressive Corp., W.R. Berkley Corp., Pitney Bowes Inc., Sempra Energy, iShares Russell 2000 Index, CIGNA Corp., Lehman Brothers Holdings Inc., Western Digital Corp., Valero Energy Corp., VF Corp., American Standard Companies Inc., Terex Corp., The Dow Chemical Company, BHP Billiton Ltd., MetLife Inc., Norfolk Southern Corp., Lam Research Corp., Southern Copper Corp., Assurant Inc., AutoZone Inc., FreeportMcMoRan Copper & Gold Inc., Nordstrom Inc., Transocean Inc., American Capital Strategies Ltd., Noble Energy Inc., The Home Depot Inc., Noble Corp., Duke Energy Corp., Nucor Corp., Kohl's Corp., Liberty Media Corp. Capital Common Serie, Loews Corp., CNA Financial Corp., ACE Ltd., American International Group Inc., Forest Laboratories Inc., HarleyDavidson Inc., Frontier Oil Corp., Embarq Corp., CBS Corp., Marathon Oil Corp., Ltd. Brands Inc., Fortune Brands Inc., Celanese Corp. Series A, Consolidated Edison Inc., Telefonos de Mexico S.A. de C.V., iShares MSCI EAFE Index Fund, Magna International Inc., Atmos Energy Corp., NEWALTA INCOME FD TRUST UNITS, KimberlyClark Corp., RenaissanceRe Holdings Ltd., CocaCola FEMSA S.A.B. de C.V., International Business Machines Corp, sells Insituform Technologies Inc., EDO Corp., National City Corp., State Street Corp., Lennox International Inc., AMETEK Inc., Black & Decker Corp. The, General Motors Corp., Lyondell Chemical Company, Tektronix Inc., Trinity Industries Inc., TXU Corp., Unum Group, VeraSun Energy Corp., Washington Group International, MGM MIRAGE, BB&T Corp., Quest Diagnostics Inc., Church & Dwight Co. Inc., Safeway Inc., Host Hotels & Resorts Inc., BJ Services Company, Steel Dynamics Inc., Autoliv Inc., Merrill Lynch & Co. Inc., Delta Petroleum Corp., Liz Claiborne Inc., Express Scripts Inc., Overseas Shipholding Group Inc., NCI Building Systems Inc., Brunswick Corp., Zions Ban Corp. during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, Dreman Value Management. David Dreman owns 380 stocks with a total value of $17.2 billion. These are the details of the buys and sells.





New Purchases: AA, ACAS, ACE, AIG, AIZ, ATI, ATO, AZO, BER, BHP, CBS, CE, CI, CNA, CSC, DOW, DUK, ED, EFA, EQ, FCX, FO, FRX, FTO, GRP, HD, HOG, IBM, IWM, JWN, KBE, KMB, KOF, KSS, LCAPA, LEH, LNC, LRCX, LTD, LTR, MET, MGA, MRO, MTB, NBL, NE, NSC, NUE, PBI, PCU, PGR, RIG, RNR, SRE, TEX, TMX, TT, VFC, VLO, WDC, XLF, XOM,


Added Positions: BAC, BVF, C, CHK, CINF, DLX, ETN, GCI, HBAN, KEY, MAT, OMG, PCR, PPG, RRD, SPY, STX, SUN, URS, WB, WHR, WM,


Reduced Positions: APA, ARD, ASFI, ATW, AUY, CCJ, CVX, DD, ECA, ESV, FITB, IWD, MAS, MS, OXY, PH, STI, T, TEG, TSO, UST, WFC,


Sold Out: ALV, AME, BBT, BC, BDK, BJS, CHD, DGX, DPTR, EDO, ESRX, GM, HST, INSU, LII, LIZ, LYO, MER, MGM, NCC, NCS, OSG, STLD, STT, SWY, TEK, TRN, TXU, UNM, VSE, WNG, ZION,