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Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 03 Sep 2001   For week ended August 17, 2001
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Business News

Water Trouble with LDS Farm Worsens
The number of households without water grew from 36 to 68 in the western part of Saginaw county on Friday as the Saginaw County Department of Public Health rejected one large scale irrigator's water management plan. According to Kevin W. Datte, the county's environmental health director, the county also dismissed parts of a proposal from The Church of Jesus Christ of Latter-day Saints while accepting Clio-based Walther &Sons Farm's plan.

MSI: Hollywood Entertainment Up Big, but Index Still Falls
LDS Church member Mark Wattles' video rental firm, Hollywood Entertainment, was up 27% last week, leading just 10 other companies on the Mormon Stock Index who increased last week. The other 23 companies, led by Dell Computer and AES Corp., dropped the index 3.36% for the week, more than the Dow Jones Industrial Average, but less than the NASDAQ's 5.3% drop.

Infotopia Names LDS Man Chief Financial Officer
Infotopia, Inc. (OTC BB:IFTA) has named Gregory L. Kofford to the post of Chief Financial Officer. In this position, Mr. Kofford will perform financial duties and aid in the implementation of merger and acquisition strategies. Previously, Mr. Kofford was retained as a financial advisor to Infotopia through Cogent Capital Corp.

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