News about Mormons, Mormonism,
and the LDS Church

By Kent Larsen

MSI: Investors Dump Oakley as Competitor Finds Achilles Heel

NEW YORK, NEW YORK -- Oakley, Inc., manufacturer of sunglasses, shoes and other high-end clothing accessories dropped 30% last week, pushing the Mormon Stock Index down nearly 1/2% last week, after it revealed that competitor Luxottica was taking advantage of its purchase of Oakley's largest customer, Sunglass Hut, and reducing its orders from Oakley. Luxottica purchased Sunglass Hut earlier this year.

Without the Oakley drop, the Mormon Stock Index would have managed a small gain but still one behind the broader indices, which all rose between 1/2% and 2% for the week. After Oakley, the next largest change among the stocks on the index was a 9% drop in Iomega, which is still suffering from investment disappointment and its latest round of downsizing. Overall, 16 stocks on the index were up, while 17 were down.

Mormon Stock Index			120.36	down 0.54
Company	Symbol	LDS Executive	Closing Price	Change
Affiliated Computer Services	ACS	Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group	80.14	down 3.05
AES Corp.	AES	Roger W. Sant, Chairman	38.97	up 1.67
Avista Corp.	AVA	Gary Ely, Chairman	17.00	up 0.51
Black & Decker	BDK	Nolan D. Archbald, CEO	42.57	up 0.27
Bay View Capital Corp	BVC	Matt Carpenter, COO	7.55	up 0.07
Cadence Design	CDN	Raymond Bingham, President & CEO	23.03	up 0.13
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	3.06	down 0.17
Corvis	CORV	David Huber, CEO	3.81	down 0.02
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	17.00	down 1.02
Cygnus Inc.	CYGN	John Hodgman, Chairman, President & CEO	9.15	down 0.42
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	28.07	up 0.61
Dionex	DNEX	A. Blaine Bowman, President & CEO	29.83	down 0.11
EarthShell	ERTH	Simon K. Hodson, CEO	3.43	down 0.24
Franklin Covey	FC	Stephen R. Covey, Chairman	5.13	up 0.01
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	55.35	down 1.49
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	8.06	down 0.44
Host Marriott	HMT	Richard Marriott, Chairman	13.34	up 0.48
Iomega	IOM	David J. Dunn, Chairman	1.60	down 0.16
JP Realty	JPR	Several Mgmt Team Members,	22.77	down 0.23
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	24.05	up 0.24
Marriott International	MAR	J.W. Marriott, Jr., Chairman	48.78	up 0.77
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	34.86	up 1.66
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	44.85	down 2.11
Novell	NOVL	Stewart Nelson, COO	5.05	down 0.03
NPS Pharmaceuticals, Inc.	NPSP	James Jensen, VP of Corp. Devel. and Legal Affairs Sec.	32.52	up 1.41
NuSkin	NUS	All Mormon Mgmt,	6.75	down 0.50
Oil States International	OIS	L.E. Simmons, Chairman	8.85	up 0.35
Oakley	OO	Jim Jannard, Chairman & CEO	13.18	down 5.91
Ryder Systems	R	Tony Burns, Chairman	19.44	up 0.48
Sky West Airlines	SKYW	Jerry Atkin, Chairman & CEO	32.43	up 0.03
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	19.96	up 0.02
Cornerstone REIT	TCR	Glade M. Knight, Chairman & CEO	10.78	down 0.22
Zions Bancorp	ZION	Harris Simmons, Chairman	58.36	down 0.13

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)
• Geneva Steel (GNVH)
• I-Link (ILNKC)
• MITY Enterprises (MITY)
• Metalclad (MTLC)
• NX Networks (NXWX)
• Ten Fold (TENF)
• Wade Cook Financial (WADE.OB)
• 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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