News about Mormons, Mormonism,
and the LDS Church

By Kent Larsen

MSI: MSI Drops, But Less Than Market

NEW YORK, NEW YORK -- The Mormon Stock Index fell 3 1/4% last week to 117.72, along with most US stocks, but it fell less than the NASDAQ (down 8.4% last week). Leading the down stocks this week was Corvis Corp., which dropped 26%, but their decline was offset somewhat by AES Corp., which gained a modest 3 3/4%.

Several other stocks also contributed to the drop in the index, which included 17 down stocks and 12 gainers. Avista Corp., Franklin Covey, Micrel Semiconductor, Myriad Genetics and Swift Transportation all fell more than 10%.

Meanwhile, Mormon News learned of another public company with an executive with Mormon heritage. MetalClad Corporation President and CEO Grant Kesler is a former Utah Assistant Attorney General and former member of the LDS Church. MetalClad provides insulation and asbestos abatement services and recently won a $15.6 million settlement from Mexico. However, MetalClad's market capitalization doesn't meet the $100 million requirement for inclusion in the Mormon Stock Index.

Mormon Stock Index			117.72	down 3.34
Company	Symbol	LDS Executive	Closing Price	Change
AES Corp.	AES	Roger W. Sant, Chairman	42.93	up 1.56
Avista Corp.	AVA	Gary Ely, Chairman	19.22	down 2.20
Black & Decker	BDK	Nolan D. Archbald, CEO	37.35	down 2.32
Bay View Capital Corp	BVC	Matt Carpenter, COO	7.16	up 0.01
Cadence Design	CDN	Raymond Bingham, President & CEO	21.85	down 1.90
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	4.17	up 0.11
Corvis	CORV	David Huber, CEO	4.30	down 1.50
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	25.06	up 0.80
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	24.32	down 1.37
Dionex	DNEX	A. Blaine Bowman, President & CEO	28.58	down 1.37
EarthShell	ERTH	Simon K. Hodson, CEO	3.42	down 0.30
Franklin Covey	FC	Stephen R. Covey, Chairman	5.75	down 0.75
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	56.25	up 2.35
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	8.07	up 0.68
Host Marriott	HMT	Richard Marriott, Chairman	12.88	up 0.61
Iomega	IOM	David J. Dunn, Chairman	2.41	down 0.17
JP Realty	JPR	Several Mgmt Team Members,	22.36	up 0.16
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	17.80	up 6.80
Marriott International	MAR	J.W. Marriott, Jr., Chairman	45.74	up 0.32
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	29.15	down 5.40
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	65.61	down 8.58
Novell	NOVL	Stewart Nelson, COO	4.74	up 0.08
NuSkin	NUS	All Mormon Mgmt,	7.89	up 0.09
Oakley	OO	Jim Jannard, Chairman & CEO	20.00	down 1.80
Ryder Systems	R	Tony Burns, Chairman	19.56	down 1.86
Sky West Airlines	SKYW	Jerry Atkin, Chairman & CEO	27.85	down 0.59
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	14.84	down 1.66
Cornerstone REIT	TCR	Glade M. Knight, Chairman & CEO	10.51	down 0.06
Zions Bancorp	ZION	Harris Simmons, Chairman	56.36	down 0.14

The following companies do not meet the $100 million capital requirement for inclusion in the Mormon Stock Index:

• Buyer's Online (BUYO.OB)
• Caldera Systems (CALD)
• Fonix (FONX.OB)
• I-Link (ILNK)
• MITY Enterprises (MITY)
• Metalclad (MTLC)
• Ten Fold (TENF)
• Washington Group Intl (WNG)

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
• Questar
• Sonic Innovations

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