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By Kent Larsen
MSI: Mormon Stock Index Down Broadly, following NASDAQ
NEW YORK, NEW YORK -- The Mormon Stock Index dropped more than 5%
last week as the tech stocks in the index dropped broadly,
accompanied by downturns among some of the major New York Stock
Exchange listings. AES Corp. and Dell both contributed to the drop,
which was offset by few, if any stocks. Just four of the 31 stocks on
the Index were up for the week.
The largest declines in the index included Myriad Genetics, which
fell more than 18% after it announced a joint venture with Hitachi
and Oracle to map the human proteome. The venture faces significant
competition from two other partnerships. Novell fell more than 21%
for the week. Also down more than 10% were AES, Computerized Thermal
Imaging, Corvis and Iomega.
| Mormon Stock Index | | | 105.7038 | down 5.6493 |
| Company | Symbol | LDS Executive | Closing Price | Change |
| AES Corp. | AES | Roger W. Sant, Chairman | 43.97 | down 5.99 |
| Black &Decker | BDK | Nolan D. Archbald, CEO | 38.02 | up 1.27 |
| Bay View Capital Corp | BVC | Matt Carpenter, COO | 4.87 | up 0.13 |
| Cadence Design | CDN | Raymond Bingham, President &CEO | 17.40 | down 1.09 |
| Computerized Thermal Imaging | CIO | David A. Packer, President and COO | 2.11 | down 0.33 |
| Corvis Corporation | CORV | David Huber, CEO | 6.0312 | down 1.0000 |
| 1-800-Contacts | CTAC | Jonathan C. Coon, President &CEO | 22.5000 | up 0.3750 |
| Dell Computer | DELL | Kevin B. Rollins, Vice Chairman | 24.8125 | down 0.8750 |
| EarthShell | ERTH | Simon K. Hodson, CEO | 2.3438 | down 0.1562 |
| Franklin Covey | FC | Stephen R. Covey, Chairman | 8.08 | down 0.01 |
| Hillenbrand Industries | HB | Frederick Rockwood, President &CEO | 47.60 | down 0.69 |
| Hollywood Entertainment | HLYW | Mark J. Wattles, CEO | 2.0312 | down 0.1563 |
| Host Marriott | HMT | Richard Marriott, Chairman | 11.96 | up 0.28 |
| Iomega | IOM | David J. Dunn, Chairman | 3.30 | down 0.38 |
| JP Realty | JPR | Several members of management team | 18.80 | down 0.63 |
| Knight Transportation | KNGT | Keith, Gary and Kevin Knight | 24.0625 | down 0.3125 |
| Marriott International | MAR | J.W. Marriott, Jr., Chairman | 39.23 | down 1.95 |
| Micrel Semiconductors | MCRL | Ray Zinn, Chairman and CEO | 25.8750 | down 2.0625 |
| Myriad Genetics | MYGN | Christopher L. Wight, VP, General Counsel | 33.1250 | down 7.4375 |
| Novell | NOVL | Stewart Nelson, COO | 3.9375 | down 1.0625 |
| NuSkin | NUS | Most of Management is LDS, including Chairman and CEO | 8.22 | down 0.28 |
| Oakley, Inc. | OO | Jim Jannard, Chairman &CEO | 17.38 | down 0.39 |
| Ryder Systems | R | Tony Burns, Chairman | 17.62 | down 0.37 |
| Cornerstone REIT | TCR | Glade M. Knight, Chairman &CEO | 10.31 | down 0.27 |
| Washington Group Int'l | WNG | Stephen Hanks, President &CEO | 1.70 | down 0.14 |
| Zions Bancorp | ZION | Harris Simmons, Chairman | 51.08 | down 1.01 |
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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