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By Kent Larsen
MSI: AES, Dell Drive Mormon Stock Index Down
NEW YORK, NEW YORK -- Sharp declines at the two largest stocks on the
Mormon Stock Index, AES Corp. and Dell Computer, drove the index down
1.7% for the week, in spite of a number of small stocks that had
significant gains. The small stocks rising were led by
1-800-Contacts, which rose nearly 35% for the week, as investors
anticipated the company's quarterly report, released today. Also
rising more than 20% last week were EarthShell, Fonix and Hollywood
Entertainment.
The gainers for the week were also in the minority, as 17 of the 27
stocks in the index fell last week. The biggest drop was construction
firm Washington National Group which dropped over 10% last week.
Investors worried about the firm's dispute with engineering firm
Raytheon over cost overruns in a former Raytheon unit Washington
National recently purchased. Washington National claims that the cost
overrruns were not disclosed. The situation led Washington National
to file for Chapter 11 protection today.
| Mormon Stock Index | | | 117.3719 | down 2.0405 |
| Company | Symbol | LDS Executive | Closing Price | Change |
| AES Corp. | AES | Roger W. Sant, Chairman | 44.39 | down 4.21 |
| Black &Decker | BDK | Nolan D. Archbald, CEO | 39.03 | down 0.58 |
| Bay View Capital Corp | BVC | Matt Carpenter, COO | 5.86 | up 0.59 |
| Cadence Design | CDN | Raymond Bingham, President &CEO | 20.77 | down 1.03 |
| Computerized Thermal Imaging | CIO | David A. Packer, President and COO | 3.62 | up 0.53 |
| Corvis Corporation | CORV | David Huber, CEO | 7.42 | down 0.78 |
| 1-800-Contacts | CTAC | Jonathan C. Coon, President &CEO | 28.00 | up 7.20 |
| Dell Computer | DELL | Kevin B. Rollins, Vice Chairman | 24.48 | down 1.36 |
| EarthShell | ERTH | Simon K. Hodson, CEO | 3.89 | up 0.79 |
| Franklin Covey | FC | Stephen R. Covey, Chairman | 6.99 | up 0.54 |
| Fonix | FONX.OB | Steve Studdert, Chairman | 0.39 | up 0.07 |
| Hillenbrand Industries | HB | Frederick Rockwood, President &CEO | 50.35 | down 1.65 |
| Hollywood Entertainment | HLYW | Mark J. Wattles, CEO | 3.77 | up 0.70 |
| Host Marriott | HMT | Richard Marriott, Chairman | 13.00 | up 0.49 |
| Iomega | IOM | David J. Dunn, Chairman | 3.35 | down 0.05 |
| JP Realty | JPR | Several members of management team | 20.77 | down 0.32 |
| Knight Transportation | KNGT | Keith, Gary and Kevin Knight | 27.54 | up 0.53 |
| Marriott International | MAR | J.W. Marriott, Jr., Chairman | 44.95 | down 0.95 |
| Micrel Semiconductors | MCRL | Ray Zinn, Chairman and CEO | 35.12 | down 0.78 |
| Myriad Genetics | MYGN | Christopher L. Wight, VP, General Counsel | 55.90 | down 0.61 |
| Novell | NOVL | Stewart Nelson, COO | 5.24 | down 0.16 |
| NuSkin | NUS | Most of Management is LDS, including Chairman and CEO | 6.90 | down 0.40 |
| Oakley, Inc. | OO | Jim Jannard, Chairman &CEO | 22.95 | down 1.04 |
| Ryder Systems | R | Tony Burns, Chairman | 21.87 | up 1.33 |
| Cornerstone REIT | TCR | Glade M. Knight, Chairman &CEO | 10.31 | down 0.29 |
| Washington Group Int'l | WNG | Stephen Hanks, President &CEO | 1.03 | down 0.12 |
| Zions Bancorp | ZION | Harris Simmons, Chairman | 53.78 | down 0.97 |
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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