FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SAC CAPITAL ADVISORS LLC
2. Issuer Name and Ticker or Trading Symbol

WCI COMMUNITIES INC [ WCI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      __ X __ Other (specify below)
See footnote (1)
(Last)          (First)          (Middle)

72 CUMMINGS POINT ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

7/29/2008
(Street)

STAMFORD, CT 06902
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   7/29/2008     S    15000   D $1.17   585000   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    37700   D $1.18   547300   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    300   D $1.185   547000   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    40200   D $1.19   506800   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    600   D $1.195   506200   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    19600   D $1.20   486600   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    100   D $1.205   486500   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    14900   D $1.21   471600   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    1100   D $1.215   470500   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    18900   D $1.22   451600   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    700   D $1.225   450900   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    9400   D $1.23   441500   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    10900   D $1.24   430600   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    26800   D $1.25   403800   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    400   D $1.255   403400   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    30999   D $1.26   372401   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    3200   D $1.265   369201   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    93901   D $1.27   275300   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    30300   D $1.275   245000   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    93200   D $1.28   151800   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    33100   D $1.29   118700   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    6000   D $1.295   112700   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    57100   D $1.30   55600   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    100   D $1.305   55500   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    38300   D $1.31   17200   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    200   D $1.315   17000   I   See footnotes   (1) (2)
Common Stock   7/29/2008     S    7700   D $1.32   9300   I   See footnotes   (1) (2)
Common Stock   7/30/2008     S    700   D $1.17   8600   I   See footnotes   (1) (2)
Common Stock   7/30/2008     S    2200   D $1.16   6400   I   See footnotes   (1) (2)
Common Stock   7/30/2008     S    6400   D $1.15   0   I   See footnotes   (1) (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Please see note (1) on Exhibit 99.1.
( 2)  Please see note (2) on Exhibit 99.1.

Remarks:
Exhibit List:

Exhibit 99.1 - Explanation of Responses
Exhibit 99.2 - Joint Filer Information

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SAC CAPITAL ADVISORS LLC
72 CUMMINGS POINT ROAD
STAMFORD, CT 06902
X

See footnote (1)
S A C CAPITAL MANAGEMENT L L C
540 MADISON AVENUE
NEW YORK, NY 10022
X

See footnote (1)
COHEN STEVEN A/SAC CAPITAL MGMT LP
72 CUMMINGS POINT ROAD
STAMFORD, CT 06902
X

See footnote (1)

Signatures
/s/ Peter Nussbaum, as Authorized Person on behalf of the following: S.A.C. CAPITAL ADVISORS, LLC, S.A.C. CAPITAL MANAGEMENT, LLC, STEVEN A. COHEN 7/31/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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