[denaliweekly]Denali Asset Management, LLLP Weekly Est ROR +.87% MTD

Megan Arias megan@denalifunds.com
Mon, 17 Nov 2003 14:13:59 -0400


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Dear Interested Investors:
 
As of the close of business on Friday November 14, 2003, we estimate
that Denali Partners, LP and Denali Offshore Partners, Ltd. are up +.87%
MTD.
 
Please contact me with any questions.
 
 
Best regards,
 
Megan Arias
Operations Manager & Customer Support
Denali Asset Management, LLLP
5020 Anchor Way, 2nd Floor
Christiansted, VI 00820
P (340) 778-7744 
F (340) 778-7748
Megan@denalifunds.com
 

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<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'>Dear Interested =
Investors:<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'>As of the close of business on =
</span></font><st1:date
Month=3D"11" Day=3D"14" Year=3D"2003"><font size=3D2 face=3DArial><span =
style=3D'font-size:
 10.0pt;font-family:Arial'>Friday November 14, =
2003</span></font></st1:date><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'>, we
estimate that Denali Partners, LP and Denali Offshore Partners, Ltd. are =
up
+.87% MTD.<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'>Please contact me with any =
questions.<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'>Best regards,<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;
font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=3DMsoAutoSig><b style=3D'mso-bidi-font-weight:normal'><font =
size=3D3
color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;font-family:Arial;
color:maroon;font-weight:bold;mso-bidi-font-weight:normal;mso-no-proof:ye=
s'>Megan
Arias<o:p></o:p></span></font></b></p>

<p class=3DMsoAutoSig><b style=3D'mso-bidi-font-weight:normal'><font =
size=3D3
color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;font-family:Arial;
color:maroon;font-weight:bold;mso-bidi-font-weight:normal;mso-no-proof:ye=
s'>Operations
Manager &amp; Customer Support<o:p></o:p></span></font></b></p>

<p class=3DMsoAutoSig><st1:place><b =
style=3D'mso-bidi-font-weight:normal'><font
 size=3D3 color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;font-family:Arial;
 =
color:maroon;font-weight:bold;mso-bidi-font-weight:normal;mso-no-proof:ye=
s'>Denali</span></font></b></st1:place><b
style=3D'mso-bidi-font-weight:normal'><font color=3Dmaroon =
face=3DArial><span
style=3D'font-family:Arial;color:maroon;font-weight:bold;mso-bidi-font-we=
ight:
normal;mso-no-proof:yes'> Asset Management, =
LLLP<o:p></o:p></span></font></b></p>

<p class=3DMsoAutoSig><st1:Street><st1:address><b =
style=3D'mso-bidi-font-weight:
  normal'><font size=3D3 color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;
  =
font-family:Arial;color:maroon;font-weight:bold;mso-bidi-font-weight:norm=
al;
  mso-no-proof:yes'>5020 Anchor =
Way</span></font></b></st1:address></st1:Street><b
style=3D'mso-bidi-font-weight:normal'><font color=3Dmaroon =
face=3DArial><span
style=3D'font-family:Arial;color:maroon;font-weight:bold;mso-bidi-font-we=
ight:
normal;mso-no-proof:yes'>, 2nd Floor<o:p></o:p></span></font></b></p>

<p class=3DMsoAutoSig><st1:City><st1:place><b =
style=3D'mso-bidi-font-weight:normal'><font
  size=3D3 color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;font-family:
  =
Arial;color:maroon;font-weight:bold;mso-bidi-font-weight:normal;mso-no-pr=
oof:
  yes'>Christiansted</span></font></b></st1:place></st1:City><b
style=3D'mso-bidi-font-weight:normal'><font color=3Dmaroon =
face=3DArial><span
style=3D'font-family:Arial;color:maroon;font-weight:bold;mso-bidi-font-we=
ight:
normal;mso-no-proof:yes'>, VI 00820<o:p></o:p></span></font></b></p>

<p class=3DMsoAutoSig><b style=3D'mso-bidi-font-weight:normal'><font =
size=3D3
color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;font-family:Arial;
color:maroon;font-weight:bold;mso-bidi-font-weight:normal;mso-no-proof:ye=
s'>P
(340) 778-7744 <o:p></o:p></span></font></b></p>

<p class=3DMsoAutoSig><b style=3D'mso-bidi-font-weight:normal'><font =
size=3D3
color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;font-family:Arial;
color:maroon;font-weight:bold;mso-bidi-font-weight:normal;mso-no-proof:ye=
s'>F
(340) 778-7748<o:p></o:p></span></font></b></p>

<p class=3DMsoAutoSig><b style=3D'mso-bidi-font-weight:normal'><font =
size=3D3
color=3Dmaroon face=3DArial><span =
style=3D'font-size:12.0pt;font-family:Arial;
color:maroon;font-weight:bold;mso-bidi-font-weight:normal;mso-no-proof:ye=
s'>Megan@denalifunds.com<o:p></o:p></span></font></b></p>

<p class=3DMsoNormal><font size=3D3 face=3D"Times New Roman"><span =
style=3D'font-size:
12.0pt'><o:p>&nbsp;</o:p></span></font></p>

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