[denaliweekly]Denali Asset Management Weekly Est. ROR -1.19% MTD
Megan Arias
megan@denalifunds.com
Mon, 8 Nov 2004 13:24:53 -0400
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Dear Interested Investors:
As of the close of business on Friday November 5, 2004, we estimate that
Denali Partners, LP and Denali Offshore Partners, Ltd. are down -1.19% MTD.
Please contact me with any questions.
Kind 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.
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<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial size=3D2>Dear =
Interested=20
Investors:</FONT></SPAN></DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial size=3D2>As of =
the close of=20
business on Friday November 5, 2004, we estimate that Denali Partners, =
LP and=20
Denali Offshore Partners, Ltd. are down -1.19% =
MTD.</FONT></SPAN></DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial size=3D2>Please =
contact me=20
with any questions.</FONT></SPAN></DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial size=3D2>Kind=20
regards,</FONT></SPAN></DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004><FONT face=3DArial=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D718464715-01112004>
<P class=3DMsoNormal><SPAN style=3D"FONT-FAMILY: 'Arial Narrow'">Megan=20
Arias</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 class=3Dgrame><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'">an</SPAN></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"> =20
</SPAN></SPAN><st1:phone phonenumber=3D"$6685$$$" =
o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: =
13.5pt"><st1:phone=20
phonenumber=3D"$6685$$$" o_x003a_ls=3D"trans">(773) </SPAN><st1:phone=20
phonenumber=3D"$6685$$$" o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: =
13.5pt"><st1:phone=20
phonenumber=3D"$6685$$$"=20
o_x003a_ls=3D"trans">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></st1:phone></st1:phone><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'"> <SPAN=20
style=3D"mso-tab-count: =
1"> =20
</SPAN></SPAN><st1:phone phonenumber=3D"$6685$$$" =
o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: =
13.5pt"><st1:phone=20
phonenumber=3D"$6685$$$" o_x003a_ls=3D"trans">(773) </SPAN><st1:phone=20
phonenumber=3D"$6685$$$" o_x003a_ls=3D"trans"><SPAN=20
style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: =
13.5pt"><st1:phone=20
phonenumber=3D"$6685$$$"=20
o_x003a_ls=3D"trans">685-1734</SPAN></st1:phone></st1:phone><SPAN=20
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<P class=3DMsoNormal><SPAN style=3D"COLOR: fuchsia; FONT-FAMILY: =
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style=3D"FONT-FAMILY: 'Arial Narrow'; mso-bidi-font-size: 13.5pt"><A=20
title=3Dmailto:megan@denalifunds.com=20
href=3D"mailto:megan@denalifunds.com">megan@denalifunds.com</A></SPAN></P=
>
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<P class=3DMsoNormal=20
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auto"><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. Past performance should not be viewed as an indication of =
future=20
results. </SPAN><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: =
Arial"> </SPAN></P></SPAN></DIV></BODY></HTML>
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