UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
TOUSA, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
878483106
(CUSIP Number)
December 31, 2007
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 878483106
1. Names of Reporting Person
I.R.S. Identification Nos. of above person
Four Corners Capital Management, LLC
I.R.S. #: 95-4881110
2. Check the Appropriate Box if a Member Of a Group
[ ] (a)
[ ] (b)
3. SEC Use Only
4. Citizenship or Place of Organization
Delaware, United States
5. Sole Voting Power: 530,776
Number of
Shares 6. Shared Voting Power: 3,184,646
Beneficially
Owned by 7. Sole Dispositive Power: 3,715,422
Each Reporting
Person With 8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
3,715,422
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
11. Percent of Class Represented by Amount in Row (9)
5.87%
12. Type of Reporting Person
IA
Item 1. (a) Name of Issuer:
TOUSA, Inc.
(b) Address of Issuer's Principal Executive Offices:
4000 Hollywood Boulevard, Suite 500 N
Hollywood, FL 33021
Item 2. (a) Name of Person Filing:
Four Corners Capital Management, LLC
(b) Address of Principal Business Offices:
515 South Flower Street, Suite 1600
Los Angeles, CA 90071
United States
(c) Citizenship:
Delaware, United States
(d) Title of Class of Securities:
Common stock
(e) CUSIP Number:
878483106
Item 3. (e) [X] Four Corners Capital Management, LLC is an investment
advisor in accordance with Rule 13d-1(b)(1)(ii)(E);
Item 4. Ownership
Please see Items 5 - 9 and 11 for each cover sheet for each filing
separately
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person
The shares of Common Stock reported on this statement are owned by
investment advisory clients of Four Corners Capital Management, LLC,
and such clients have the right to receive dividends from and proceeds
from the sale of such shares. To Four Corners' knowledge, the interest
of no one of these clients relates to more than 5 percent of the class.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and held in the ordinary
course of business and were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: January 16, 2008
Four Corners Capital Management, LLC
By: /s/ Robert I. Bernstein
--------------------------
Name: Robert I. Bernstein
Title: Chief Investment Officer