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Posted 24 Feb 2001   For week ended December 22, 2000
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Sent on Mormon-News: 20Dec00

By Kent Larsen

Corvis, Micrel and Myriad Genetics Push MSI Down Again

NEW YORK, NEW YORK -- While three quarters of the stocks on the MSI were down last week, just three stocks accounting for most of the more than 6% fall in the index. Optical network equipment maker Corvis fell nearly 20%, as did semiconductor manufacturer Micrel Semiconductor, while biotech firm Myriad Genetics was off over 17%. Combined, they accounted for two-thirds of the index's drop.

Corvis is down again as investors still doubt the company's ability to produce revenue. The stock is also down this week so far after an analyst report indicated that the market for Corvis' products will grow just 2% next year.

Micrel Semiconductor and Myriad Genetics were down simply because of the overall NASDAQ exchange, which fell 9% for the week. Several of the smaller stocks on the index were also down to a large degree. Fonix fell 25% and Hollywood Video fell nearly 33%.

Fortunately, two other small stocks jumped more than 30%. Linux software vendor Caldera beat analysts earnings expectations, leading its stock price to rise more than 30%, as did Internet software firm TenFold.
Mormon Stock Index   108.7341down 7.1326
Company SymbolLDS Executive Closing Price Change
AES Corp. AES Roger W. Sant, Chairman49.9375 up 1.6875
Black &Decker BDK Nolan D. Archbald, CEO 32.5625 down 2.7500
Caldera Systems CALD Ransom H. Love, CEO 3.0000 up 0.7188
Corvis Corporation CORV David Huber, CEO 32.6875 down 8.0625
1-800-Contacts CTAC Jonathan C. Coon, President &CEO26.3125down 4.4375
Dell Computer DELL Kevin B. Rollins, Vice Chairman19.8750up 1.3125
EarthShell ERTH Simon K. Hodson, CEO 2.1875 down 0.0625
Franklin Covey FC Stephen R. Covey, Chairman7.6250 down 0.5625
Fonix FONX Steve Studdert, Chairman0.3750 down 0.0125
Hollywood Entertainment HLYW Mark J. Wattles, CEO 1.0312 down 0.5000
Host Marriott HMT Richard Marriott, Chairman12.3125 up 0.3750
I-Link ILNK John Edwards, Chairman & CEO1.3750down 0.1875
Iomega IOM David J. Dunn, Chairman4.0000 down 0.4800
Marriott International MAR J.W. Marriott, Jr., Chairman39.7500 down 2.5000
Micrel Semiconductors MCRL Ray Zinn, Chairman and CEO34.7500 down 8.8750
Myriad Genetics MYGN Christopher L. Wight, VP, General Counsel90.0000down 18.7500
Novell NOVL Stewart Nelson, COO 6.5000 down 0.0312
NuSkin NUS Most of Management is LDS, including Chairman and CEO4.5000down 0.5000
Oakley, Inc. OO Jim Jannard, Chairman &CEO14.8125 down 0.1875
Ryder Systems R Tony Burns, Chairman 15.6875 down 1.3125
Cornerstone REIT TCR Glade M. Knight, Chairman &CEO10.9375no change
Ten Fold TENF Gary Kennedy, President and CEO1.6250 up 0.6250
Zions Bancorp ZION Harris Simmons, Chairman57.0000 down 3.7500


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