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Posted 27 Feb 2001   For week ended February 09, 2001
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Sent on Mormon-News: 06Feb01

By Kent Larsen

Two Utah Companies Added to Mormon Stock Index

NEW YORK, NEW YORK -- Two Utah companies with Mormon management have been added to the Mormon Stock Index, and two companies that had failed to meet the index's minimum capital requirement are back on the list, due to significant increases in their stock prices. Computerized Thermal Imaging (CTI) and JP Realty were added this week after research showed that members of their management team are Mormon. Additionally, the stock prices of Caldera Systems and Ten Fold have risen enough to put them back on the list. The changes bring the number of companies on the Mormon Stock Index to 24.

Computerized Thermal Imaging is a medical devices startup that is constructing a breast cancer detection system. Headed by former US Air Force General Richard Secord, an LDS Church member known most recently for serving as Deputy Assistant Secretary of Defense, the company recently received FDA approval for the fourth of five modules needed for its system. Although its stock dropped by about one-third this past week, it is up more than 60% so far this year.

JP Realty is a commercial real estate trust that owns malls, community centers and other commercial and retail property in the western US. Several members of its management team are Mormon, including the company's CFO, M. Scott Collins. Its stock was up less than 3% for the week, capping a rise of 17% in 2001 so far.

For this past week the Mormon Stock Index fell slightly, by 0.5%, the first time the index has fallen this year. In addition to the 30% drop in CTI, both Dell and Corvis had significant drops, pushing the index down slightly after increases from Black &Decker, 1-800-Contacts, Iomega and Knight Transportation. Black and Decker's 8.5% rise was due to the company's announcement last week that it would cut 400 jobs (1.8% of its workforce. 1-800-Contacts' rise of nearly 15% came as investors eagerly awaited its quarterly earnings announcement tomorrow, expecting that the earnings will be larger than previously thought.

Mormon News' research confirms that there are probably other companies with Mormon management that we currently don't know about. Our research uncovered several Utah companies which may have Mormon executives, but which we were unable to confirm as of yet. If you have any confirming information about the following companies, please let me know: FX Energy, Gertner Communications, Headwaters, Inc., Nature's Sunshine, NPS Pharmaceuticals, Questar, SkyWest, Inc., Sonic Innovations.

Mormon Stock Index   131.1972down 0.6606
Company SymbolLDS Executive Closing Price Change
AES Corp. AES Roger W. Sant, Chairman58.0000 down 0.6875
Black &Decker BDK Nolan D. Archbald, CEO 45.1500 up 3.5250
Caldera Systems CALD Ransom H. Love, CEO 3.3750 up 0.4062
Computerized Thermal ImagingCIOMaj. Gen. Richard V. Secord (ret), Chairman and CEO 2.4500down 1.2375
Corvis Corporation CORV David Huber, CEO 19.8125 down 0.6875
1-800-Contacts CTAC Jonathan C. Coon, President &CEO34.9375up 4.4375
Dell Computer DELL Kevin B. Rollins, Vice Chairman25.1875down 1.3125
EarthShell ERTH Simon K. Hodson, CEO 1.5938 down 0.0312
Franklin Covey FC Stephen R. Covey, Chairman8.1000 down 0.0875
Fonix FONX Steve Studdert, Chairman0.6875 up 0.0469
Host Marriott HMT Richard Marriott, Chairman12.8200 down 0.9300
Iomega IOM David J. Dunn, Chairman4.03 up 0.41
JP Realty JPR Several members of management team18.50up 0.50
Knight Transportation KNGT Keith, Gary and Kevin Knight24.6875 up 3.0625
Marriott International MAR J.W. Marriott, Jr., Chairman45.41 down 0.84
Micrel Semiconductors MCRL Ray Zinn, Chairman and CEO 43.0000 up 0.1250
Myriad Genetics MYGN Christopher L. Wight, VP, General Counsel64.0000down 0.3750
Novell NOVL Stewart Nelson, COO 8.1325 down 0.1250
NuSkin NUS Most of Management is LDS, including Chairman and CEO5.5600down 0.3775
Oakley, Inc. OO Jim Jannard, Chairman &CEO20.7000 up 1.3250
Ryder Systems R Tony Burns, Chairman 19.9500 up 0.3875
Cornerstone REIT TCR Glade M. Knight, Chairman &CEO11.04up 0.2275
Ten Fold TENF Gary Kennedy, President and CEO2.6250 up 0.1250
Zions Bancorp ZION Harris Simmons, Chairman56.0000 down 1.0000


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