How to insert values coming from html code stored in the CDO into an email?

Case:

We have a CDO storing long lines of html code. We would like to insert into an email the values that are between the opening and closing tags of the html code. Do you know how to make the email show not the whole html code itself, but read the code and add only the values into the email?

Example:

CDO html code:

<ul>

 <li>Coffee</li>

 <li>Tea</li>

 <li>Milk</li>

</ul>  

Email displays only :

Coffee

Tea

Milk