From the sample data provided by Lowell: -
-- SAMPLE DATA
IF object_id('tempdb..#yourTable') IS NOT NULL
BEGIN
DROP TABLE #yourTable;
END;
SELECT id, CAST(XMLProfile_TXT AS XML) AS XMLProfile_TXT
INTO #yourTable
FROM (VALUES(1, '<div class="MainMenu"><ul><li><did>Home</did></li><li><did>Tags</did></li><li><did>Articles</did></li><li><did>Editorials</did></li><li><did>Stairways</did></li>
<li><did>Forums</did></li><li><did>Scripts</did></li><li><did>Videos</did></li><li><did>Blogs</did></li><li><did>QotD</did></li>
<li><did class="track-clicks MenuItem "href="/Books/"data-event-category="MainMenu: Books">Books</did></li>
<li><did class="track-clicks MenuItem "href="http://ask.sqlservercentral.com"data-event-category="MainMenu: Ask SSC">Ask SSC</did></li>
<li><did class="track-clicks MenuItem "href="http://jobs.sqlservercentral.com/"data-event-category="MainMenu: SQL Jobs">SQL Jobs</did></li>
<li><did class="track-clicks MenuItem "href="/Training/"data-event-category="MainMenu: Training">Training</did></li>
<li><did class="track-clicks MenuItem "href="/Authors/Articles/"data-event-category="MainMenu: Authors">Authors</did></li>
<li><did class="track-clicks MenuItem Minor"href="ssc_showPostsSinceLastVisit()"data-event-category="MainMenu: Active Threads">Active Threads</did></li>
<li><did class="track-clicks MenuItem Minor"href="/About/AboutUs/"data-event-category="MainMenu: About us">About us</did></li>
<li><did class="track-clicks MenuItem Minor"href="/About/ContactUs/"data-event-category="MainMenu: Contact us">Contact us</did></li>
<li><did class="track-clicks MenuItem Minor"href="/NewsletterArchive"data-event-category="MainMenu: Newsletters">Newsletters</did></li>
<li><did class="track-clicks MenuItem Minor"href="/Contributions/Home"data-event-category="MainMenu: Write for us">Write for us</did></li></ul></div>')
)a(id, XMLProfile_TXT);
This is how I'd do it using XML.
SELECT id, ParamValues.XMLProfile_TXT.value('.','VARCHAR(MAX)') AS did
FROM #yourTable
OUTER APPLY XMLProfile_TXT.nodes('/div/ul/li/did') ParamValues(XMLProfile_TXT);
Returns: -
id did
----------- ---------------
1 Home
1 Tags
1 Articles
1 Editorials
1 Stairways
1 Forums
1 Scripts
1 Videos
1 Blogs
1 QotD
1 Books
1 Ask SSC
1 SQL Jobs
1 Training
1 Authors
1 Active Threads
1 About us
1 Contact us
1 Newsletters
1 Write for us