[denaliweekly]Denali Asset Management Weekly Est ROR +3.59% MTD

Megan Arias megan@denalifunds.com
Mon, 29 Mar 2004 08:47:19 -0600


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Dear Interested Investors:

 

As of the close of business on Friday March 26, 2004, we estimate that
Denali Partners, LP and Denali Offshore Partners, Ltd. are up +3.59%
MTD.

 

Please contact me with any questions.

 

 

Best regards,

 

Megan Arias

Director of Investment Services

Denali Asset Management, LLLP

'  (773) 685-1733

7   (773) 685-1734

* megan@denalifunds.com

 


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<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>Dear Interested =
Investors:</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>As of the close of business on =
</span></font><font face=3D"Arial Narrow"><span =
style=3D'font-family:"Arial Narrow"'>Friday March 26, =
2004</span></font><font
face=3D"Arial Narrow"><span style=3D'font-family:"Arial Narrow"'>, we =
estimate that
Denali Partners, LP and Denali Offshore Partners, Ltd. are up +3.59% =
MTD.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>Please contact me with any =
questions.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>Best regards,</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
11.0pt;font-family:"Arial Narrow"'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
10.0pt;font-family:"Arial Narrow"'>Megan Arias</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
10.0pt;font-family:"Arial Narrow"'>Director of Investment =
Services</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Arial Narrow"><span =
style=3D'font-size:
 10.0pt;font-family:"Arial Narrow"'>Denali</span></font><font size=3D2
face=3D"Arial Narrow"><span style=3D'font-size:10.0pt;font-family:"Arial =
Narrow"'>
Asset Management, LLLP</span></font></p>

<p class=3DMsoNormal><font size=3D4 color=3Dmaroon face=3D"Wingdings =
2"><span
style=3D'font-size:13.5pt;font-family:"Wingdings =
2";color:maroon'>'</span></font><font
size=3D2 color=3Dblack face=3D"Arial Narrow"><span =
style=3D'font-size:10.0pt;
font-family:"Arial Narrow";color:black'>&nbsp; (773) =
685-1733</span></font></p>

<p class=3DMsoNormal><font size=3D4 color=3Dgreen face=3D"Wingdings =
2"><span
style=3D'font-size:13.5pt;font-family:"Wingdings =
2";color:green'>7</span></font><font
size=3D2 color=3Dblack face=3D"Arial Narrow"><span =
style=3D'font-size:10.0pt;
font-family:"Arial Narrow";color:black'>&nbsp;&nbsp; (773) =
685-1734</span></font></p>

<p class=3DMsoNormal><font size=3D2 color=3Dfuchsia =
face=3DWingdings><span
style=3D'font-size:11.0pt;font-family:Wingdings;color:fuchsia'>,</span></=
font><font
size=3D2 color=3Dblack face=3D"Arial Narrow"><span =
style=3D'font-size:10.0pt;
font-family:"Arial Narrow";color:black'> =
megan@denalifunds.com</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span =
style=3D'font-size:11.0pt'>&nbsp;</span></font></p>

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