[denaliweekly]Denali Asset Management Weekly Est. ROR +3.70% MTD

Megan Arias megan@denalifunds.com
Mon, 9 Aug 2004 10:45:34 -0500


This is a multi-part message in MIME format.

------=_NextPart_000_012D_01C47DFE.0402E400
Content-Type: text/plain;
	charset="US-ASCII"
Content-Transfer-Encoding: 7bit

Dear Interested Investors:
 
As of the close of business on Friday August 6, 2004, we estimate that
Denali Partners, LP and Denali Offshore Partners, Ltd. are up +3.70% MTD.
 
Please contact me with any questions.
 
 
Best regards,
 

Megan Arias

Director of Investment Services

Denali Asset Management, Ltd.

an affiliate of Denali Asset Management, LLLP

'       (773) 685-1733 

7           (773) 685-1734 

,  megan@denalifunds.com

                                                                        

 

DISCLAIMER: An investment with Denali Asset Management, LLLP. is risky and
only risk capital should be used.  Past performance should not be viewed as
an indication of future results.   

 

------=_NextPart_000_012D_01C47DFE.0402E400
Content-Type: text/html;
	charset="US-ASCII"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Dus-ascii">
<META content=3D"MSHTML 6.00.2800.1458" name=3DGENERATOR></HEAD>
<BODY>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial size=3D2>Dear =
Interested=20
Investors:</FONT></SPAN></DIV>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial=20
size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial size=3D2>As of =
the close of=20
business on Friday August 6, 2004, we estimate that Denali Partners, LP =
and=20
Denali Offshore Partners, Ltd. are up +3.70% MTD.</FONT></SPAN></DIV>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial=20
size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial size=3D2>Please =
contact me=20
with any questions.</FONT></SPAN></DIV>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial=20
size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial=20
size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D380324315-09082004><FONT face=3DArial size=3D2>Best=20
regards,</FONT></SPAN></DIV>
<DIV>&nbsp;</DIV><?xml:namespace prefix =3D o ns =3D=20
"urn:schemas-microsoft-com:office:office" /><o:SmartTagType =
name=3D"phone"=20
namespaceuri=3D"urn:schemas-microsoft-com:office:smarttags"></o:SmartTagT=
ype>
<OBJECT id=3Dieooui =
classid=3Dclsid:38481807-CA0E-42D2-BF39-B33AF135CC4D></OBJECT>
<STYLE>
st1\:*{behavior:url(#ieooui) }
</STYLE>

<STYLE>
<!--
 /* Font Definitions */
 @font-face
	{font-family:Wingdings;
	panose-1:5 0 0 0 0 0 0 0 0 0;
	mso-font-charset:2;
	mso-generic-font-family:auto;
	mso-font-pitch:variable;
	mso-font-signature:0 268435456 0 0 -2147483648 0;}
@font-face
	{font-family:"Arial Narrow";
	panose-1:2 11 5 6 2 2 2 3 2 4;
	mso-font-charset:0;
	mso-generic-font-family:swiss;
	mso-font-pitch:variable;
	mso-font-signature:647 0 0 0 159 0;}
@font-face
	{font-family:"Wingdings 2";
	panose-1:5 2 1 2 1 5 7 7 7 7;
	mso-font-charset:2;
	mso-generic-font-family:roman;
	mso-font-pitch:variable;
	mso-font-signature:0 268435456 0 0 -2147483648 0;}
 /* Style Definitions */
 p.MsoNormal, li.MsoNormal, div.MsoNormal
	{mso-style-parent:"";
	margin:0in;
	margin-bottom:.0001pt;
	mso-pagination:widow-orphan;
	font-size:12.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Times New Roman";}
span.GramE
	{mso-style-name:"";
	mso-gram-e:yes;}
@page Section1
	{size:8.5in 11.0in;
	margin:1.0in 1.25in 1.0in 1.25in;
	mso-header-margin:.5in;
	mso-footer-margin:.5in;
	mso-paper-source:0;}
div.Section1
	{page:Section1;}
-->
</STYLE>

<DIV class=3DSection1>
<P class=3DMsoNormal><SPAN style=3D"FONT-FAMILY: 'Arial Narrow'">Megan=20
Arias<o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN style=3D"FONT-FAMILY: 'Arial =
Narrow'">Director of=20
Investment Services<o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN style=3D"FONT-FAMILY: 'Arial Narrow'">Denali =
Asset=20
Management, Ltd.<o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN class=3DGramE><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'">an</SPAN></SPAN><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'"> affiliate of Denali Asset =
Management,=20
LLLP</SPAN></P>
<P class=3DMsoNormal><SPAN=20
style=3D"FONT-SIZE: 13.5pt; COLOR: maroon; FONT-FAMILY: 'Wingdings =
2'">'</SPAN><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: 13.5pt"><SPAN=20
style=3D"mso-tab-count: 1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN></SPAN><?xml:namespace prefix =3D st1 ns =3D=20
"urn:schemas-microsoft-com:office:smarttags" /><st1:phone =
phonenumber=3D"$6685$$$"=20
o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: 13.5pt">(773)=20
</SPAN><st1:phone phonenumber=3D"$6685$$$" o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: =
13.5pt">685-1733</SPAN></st1:phone></st1:phone><SPAN=20
style=3D"FONT-SIZE: 13.5pt; COLOR: maroon; FONT-FAMILY: 'Wingdings =
2'"><SPAN=20
style=3D"mso-tab-count: 1"> </SPAN><o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN=20
style=3D"FONT-SIZE: 13.5pt; COLOR: green; FONT-FAMILY: 'Wingdings =
2'">7</SPAN><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: 'Arial =
Narrow'">&nbsp;&nbsp;<SPAN=20
style=3D"mso-tab-count: =
1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN></SPAN><st1:phone phonenumber=3D"$6685$$$" =
o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: 13.5pt">(773)=20
</SPAN><st1:phone phonenumber=3D"$6685$$$" o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: =
13.5pt">685-1734</SPAN></st1:phone></st1:phone><SPAN=20
style=3D"FONT-SIZE: 13.5pt; COLOR: maroon; FONT-FAMILY: 'Wingdings =
2'"><SPAN=20
style=3D"mso-tab-count: 1"> </SPAN></SPAN><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: 'Arial =
Narrow'"><o:p></o:p></SPAN></P>
<P class=3DMsoNormal><SPAN style=3D"COLOR: fuchsia; FONT-FAMILY: =
Wingdings">,<SPAN=20
style=3D"mso-tab-count: 1">&nbsp; </SPAN></SPAN><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: 13.5pt"><A=20
href=3D"mailto:megan@denalifunds.com">megan@denalifunds.com</A></SPAN></P=
>
<P class=3DMsoNormal><U><SPAN=20
style=3D"mso-tab-count: =
6">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&=
nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&n=
bsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=20
</SPAN><o:p></o:p></U></P>
<P class=3DMsoNormal>&nbsp;</P>
<P class=3DMsoNormal><STRONG><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-no-proof: =
yes">DISCLAIMER:</SPAN></STRONG><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-no-proof: yes"> An =
investment=20
with Denali Asset Management, LLLP. is risky and only risk capital =
should be=20
used.&nbsp; Past performance should not be viewed as an indication of =
future=20
results.&nbsp;&nbsp;</SPAN><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: =
Arial">&nbsp;</SPAN><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: =
13.5pt"><o:p></o:p></SPAN></P></DIV>
<DIV>&nbsp;</DIV></BODY></HTML>

------=_NextPart_000_012D_01C47DFE.0402E400--