News about Mormons, Mormonism,
and the LDS Church

By Kent Larsen

MSI: Subscribers Identify Two More Companies

NEW YORK, NEW YORK -- Mormon News subscribers have identified two more companies that belong on the Mormon Stock Index, increasing the number of companies to 31. But in spite of the additional participation, the index fell nearly 3%, much more than the Dow Jones Industrials, while other broader market indices increased. Two-thirds of the stocks on the MSI decreased, five by more than 10%.

Subscriber David M. DeLoach tells us that LDS Church member James U. Jensen is corporate counsel for pharmaceutical maker NPS Pharaceuticals, which discovers and develops prescription dugs. Meanwhile, subscriber David Pulley says that Cygnus, Inc. Chairman, President and CEO John C. Hodgman is an LDS Church member in the Saratoga California Stake. Cygnus develops and manufactures diagnostic medical devices, seeking to satisfy unmet medical needs with their proprietary technology. The company is best known for its GlucoWatch Biographer, which uses non-invasive technology to automatically measure blood glucose levels.

But the index fell as Cadence Design dropped nearly 9%, AES dropped more than 4% and Dell Computer dropped almost that much. The drop came in spite of a 3% rise in Marriott International. Huge drops of nearly 21% in Computerized Thermal Imaging, nearly 18% in Corvis and more than 10% in Hollywood Entertainment, Iomega and Micrel Semiconductor. None of the stocks on the index rose more than newcomer NPS Pharmeceuticals, which was up nearly 9%.

Mormon Stock Index			114.38	down 3.34
Company	Symbol	LDS Executive	Closing Price	Change
AES Corp.	AES	Roger W. Sant, Chairman	41.06	down 1.87
Avista Corp.	AVA	Gary Ely, Chairman	17.95	down 1.27
Black & Decker	BDK	Nolan D. Archbald, CEO	37.05	down 0.30
Bay View Capital Corp	BVC	Matt Carpenter, COO	7.22	up 0.06
Cadence Design	CDN	Raymond Bingham, President & CEO	19.93	down 1.92
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	3.30	down 0.87
Corvis	CORV	David Huber, CEO	3.53	down 0.77
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	23.96	down 1.10
Cygnus Inc.	CYGN	John Hodgman, Chairman, President & CEO	8.64	down 0.02
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	23.41	down 0.91
Dionex	DNEX	A. Blaine Bowman, President & CEO	27.40	down 1.18
EarthShell	ERTH	Simon K. Hodson, CEO	3.25	down 0.17
Franklin Covey	FC	Stephen R. Covey, Chairman	5.70	down 0.05
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	56.61	up 0.36
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	7.04	down 1.03
Host Marriott	HMT	Richard Marriott, Chairman	12.30	down 0.58
Iomega	IOM	David J. Dunn, Chairman	2.12	down 0.29
JP Realty	JPR	Several Mgmt Team Members,	22.89	up 0.53
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	18.53	up 0.73
Marriott International	MAR	J.W. Marriott, Jr., Chairman	47.17	up 1.43
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	26.19	down 2.96
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	64.16	down 1.45
Novell	NOVL	Stewart Nelson, COO	4.87	up 0.13
NPS Pharmaceuticals, Inc.	NPSP	James Jensen, VP of Corp. Devel. and Legal Affairs Sec.	36.00	up 2.86
NuSkin	NUS	All Mormon Mgmt,	7.90	up 0.01
Oakley	OO	Jim Jannard, Chairman & CEO	18.85	down 1.15
Ryder Systems	R	Tony Burns, Chairman	18.92	down 0.64
Sky West Airlines	SKYW	Jerry Atkin, Chairman & CEO	26.04	down 1.81
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	15.56	up 0.72
Cornerstone REIT	TCR	Glade M. Knight, Chairman & CEO	10.67	up 0.16
Zions Bancorp	ZION	Harris Simmons, Chairman	57.55	up 1.19

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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