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Posted 26 Mar 2001   For week ended March 16, 2001
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Sent on Mormon-News: 13Mar01

By Kent Larsen

Mormon Stock Index Up as New Companies Identified

NEW YORK, NEW YORK -- The Mormon Stock Index rose just over 1% last week, mainly due to a rise in Dell Computer Co. The index' increase, coming after five down weeks in a row, comes as subscribers identified two new companies, Bay View Capital Corp., and Hillenbrand Industries, run by Mormon executives.

Dell Computer, which by itself accounted for all of the index' increase, remains well positioned to face the personal computer industry's troubles, much better so than others in the industry. This has mitigated the decline in its stock price, while other computer manufacturers have fallen much further.

Meanwhile, several stocks on the index saw large swings in stock price. Computerized Thermal Imaging had the larges swing, rising 30% for the week as the company announced alliances that will improve the distribution of its products. However, David Packer, President and COO of the scientific equipment manufacturer, announced on Friday that he will resign after the company submits the final application of its breast cancer imaging system to the FDA.

EarthShell continued to rise as investors reacted to the company's announcement of a deal to sell its environmentally-friendly packaging to the US Interior Department, parent of the National Park Service. Investors are betting that deal will open the door for the company to sell its products to other government agencies. Hollywood Video increased at a similar rate to EarthShell, rising nearly 17% as investors started coming back to the company's stock following troubles last year.

But some companies on the index were down for the week, led by fiber optic equipment manufacturer Corvis. Its stock price slid another 22% to a new low of $7.25 a share as pre-IPO investors continued to liquidate portions of their holdings after a lockout period expired last month. Myriad Genetics also fell, by nearly 20%.

Mormon Stock Index   114.9955up 1.2715
Company SymbolLDS Executive Closing Price Change
AES Corp. AES Roger W. Sant, Chairman55.85 up 0.01
Black &Decker BDK Nolan D. Archbald, CEO 44.50 up 3.50
Bay View Capital Corp BVC Matt Carpenter, COO 6.27 up 0.52
Cadence Design CDN Raymond Bingham, President &CEO24.00down 0.85
Computerized Thermal ImagingCIODavid A. Packer, President and COO2.75up 0.64
Corvis Corporation CORV David Huber, CEO 7.2500 down 3.0312
1-800-Contacts CTAC Jonathan C. Coon, President &CEO21.6875down 1.6875
Dell Computer DELL Kevin B. Rollins, Vice Chairman23.3750up 1.3125
EarthShell ERTH Simon K. Hodson, CEO 1.5312 up 0.2187
Franklin Covey FC Stephen R. Covey, Chairman8.60 up 0.10
Fonix FONX Steve Studdert, Chairman0.5156 down 0.0313
Hillenbrand Industries HB Frederick Rockwood, President &CEO 49.85up 0.07
Hollywood Entertainment HLYW Mark J. Wattles, CEO 1.9688 up 0.2813
Host Marriott HMT Richard Marriott, Chairman12.35 down 0.58
Iomega IOM David J. Dunn, Chairman3.98 up 0.19
JP Realty JPR Several members of management team18.98up 0.01
Knight Transportation KNGT Keith, Gary and Kevin Knight23.3125 up 1.0625
Marriott International MAR J.W. Marriott, Jr., Chairman41.06 up 0.03
Micrel Semiconductors MCRL Ray Zinn, Chairman and CEO 28.0625 down 2.0625
Myriad Genetics MYGN Christopher L. Wight, VP, General Counsel45.5781down 11.2344
Novell NOVL Stewart Nelson, COO 6.1625 up 0.2187
NuSkin NUS Most of Management is LDS, including Chairman and CEO8.01down 0.09
Oakley, Inc. OO Jim Jannard, Chairman &CEO17.21 up 0.09
Ryder Systems R Tony Burns, Chairman 21.99 up 1.31
Cornerstone REIT TCR Glade M. Knight, Chairman &CEO11.00down 0.14
Zions Bancorp ZION Harris Simmons, Chairman55.3750 down 3.1250

Please Help Us Confirm Other Mormon Companies:

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


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