News about Mormons, Mormonism,
and the LDS Church

By Kent Larsen

1-800-Contacts Gains 30%, but MSI Still Down

NEW YORK, NEW YORK -- The Mormon Stock Index dropped slightly last week along with all the broader stock market indices. But the individual stocks on the index showed a very mixed picture, with strong increases from some stocks, such as Cadence Design, bucking the overall trend. In addition, other stocks showed significant declines.

Hardest hit last week were Host Marriott, which continued to suffer from the September 11th terrorist attacks in which it lost a hotel and had another heavily damaged, and Oakley, which last week reported earnings significantly lower than expected. Marriott was down nearly 15% for the week, while Oakley shed 20% of its value.

The biggest winner last week was 1-800-Contacts, which reported strong earnings last week, and positive news in its ongoing dispute with contact lens manufacturer Johnson and Johnson. The company reported success with persuading customers to switch eyecare providers to avoid J&J and said it had been added to an anti-trust lawsuit against J&J over its refusal to sell lenses to anyone but doctors. The attorneys general of 32 states brought the lawsuit against J&J.

Overall, 23 of the 33 stocks on the Mormon Stock Index fell last week, while ten rose. The drop leaves the index lower than its initial January 1, 2000 value of 100.

Mormon Stock Index			97.83	down 1.93
Company	Symbol	LDS Executive	Closing Price	Change
Affiliated Computer Services	ACS	Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group	92.17	up 3.13
AES Corp.	AES	Roger W. Sant, Chairman	14.32	down 0.71
Avista Corp.	AVA	Gary Ely, Chairman	13.99	down 0.07
Black & Decker	BDK	Nolan D. Archbald, CEO	33.23	down 2.32
Cadence Design	CDN	Raymond Bingham, President & CEO	20.92	up 1.75
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	2.05	up 0.02
Corvis	CORV	David Huber, CEO	2.03	down 0.24
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	15.90	up 3.68
Cygnus Inc.	CYGN	John Hodgman, Chairman, President & CEO	5.69	up 0.04
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	24.05	down 0.08
Dionex	DNEX	A. Blaine Bowman, President & CEO	25.00	down 0.10
EarthShell	ERTH	Simon K. Hodson, CEO	2.05	down 0.19
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	55.76	down 0.34
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	13.80	down 0.45
Host Marriott	HMT	Richard Marriott, Chairman	6.82	down 1.18
Iomega	IOM	David J. Dunn, Chairman	6.75	down 0.03
JP Realty	JPR	M. Scott Collins, CFO	22.22	up 0.22
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	22.63	down 0.52
Marriott International	MAR	J.W. Marriott, Jr., Chairman	32.15	down 1.35
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	23.43	down 2.58
Monaco Coach	MNC	Kay Toolson, Chairman and CEO	16.10	down 0.10
Microsemi Corp.	MSCC	James Peterson, President & CEO	34.60	down 0.84
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	44.94	up 2.69
Novell	NOVL	Stewart Nelson, COO	3.81	down 0.04
NPS Pharmaceuticals, Inc.	NPSP	James Jensen, VP of Corp. Devel. and Legal Affairs Sec.	34.09	down 0.41
NuSkin	NUS	All Mormon Mgmt,	7.48	down 0.25
Oil States International	OIS	L.E. Simmons, Chairman	7.11	up 0.31
Oakley	OO	Jim Jannard, Chairman & CEO	11.25	down 2.81
Ryder Systems	R	Tony Burns, Chairman	19.90	down 0.08
Sky West Airlines	SKYW	Jerry Atkin, Chairman & CEO	17.81	down 1.74
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	17.55	down 0.41
Cornerstone REIT	TCR	Glade M. Knight, Chairman & CEO	10.62	up 0.04
Zions Bancorp	ZION	Harris Simmons, Chairman	43.80	up 0.04

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)
• Franklin Covey (FC)
• Fonix (FONX.OB)
• Geneva Steel (GNVH)
• I-Link (ILNK.OB)
• 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 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 (Utah)
• Gertner Communications (Utah)
• Headwaters, Inc. (Utah)
• Nature's Sunshine (Utah)
• Questar (Utah)
• Sonic Innovations (Utah)

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