Summarized by Kent Larsen
New Corvis Rise Pushes Mormon Stock Index Up Again
NEW YORK, NEW YORK -- While most stocks drop following an IPO, Corvis
Corp. has continued its improbable rise, in the process pushing the
Mormon Stock Index up more than the major market indices. Corvis rose
27.5% to over 108, while the overall index rose 3.8% in a generally
up market
Other up stocks included language software firm Fonix and the on-line
service firm I-Link, both of which recently introduced new products,
and NuSkin, which rose 24.7%. Off stocks included Netrix, which
continues a slide over the past weeks and1-800-Contacts, which split
2-for-1 during the week.
Company | Symbol | LDS Executive | Closing Price | Change |
Albertsons | ABS | Richard L. King, President &COO | 31.0625 | no change |
Black &Decker | BDK | Nolan D. Archbald, CEO | 36.0000 | down 1.3125 |
Caldera Systems | CALD | Ransom H. Love, CEO | 7.7500 | up 0.6250 |
Corvis Corporation | CORV | David Huber, CEO | 108.0625 | up 23.3437 |
1-800-Contacts | CTAC | Jonathan C. Coon, President &CEO | 26.0625 | down 3.4375 after stock split 2-for-1 |
Dell Computer | DELL | Kevin B. Rollins, Vice Chairman | 41.3750 | down 2.3125 |
EarthShell | ERTH | Simon K. Hodson, CEO | 2.8125 | up 0.1250 |
Franklin Covey | FC | Stephen R. Covey, Chairman | 8.0625 | up 0.0625 |
Fonix | FONX | Steve Studdert, Chairman | 1.1406 | up 0.3750 |
First Security | FSCO | Spencer F. Eccles, Chairman &CEO | 15.4375 | up 0.8125 |
Hollywood Entertainment | HLYW | Mark J. Wattles, CEO | 8.0000 | up 0.0625 |
Host Marriott | HMT | Richard Marriott, Chairman | 11.0000 | down 0.3750 |
I-Link | ILNK | John Edwards, Chairman & CEO | 4.3750 | up 0.8125 |
Iomega | IOM | David J. Dunn, Chairman | 3.5000 | down 0.1250 |
Marriott International | MAR | J.W. Marriott, Jr., Chairman | 41.1875 | up 2.4375 |
Micrel Semiconductors | MCRL | Ray Zinn, Chairman and CEO | 47.3125 | down 1.5469 |
Myriad Genetics | MYGN | Christopher L. Wight, VP, General Counsel | 153.7500 | up 16.3750 |
Nationwide Financial | NFS | Dimon McFerson, Chairman | 37.4375 | up 0.6875 |
Novell | NOVL | Stewart Nelson, COO | 9.1562 | up 0.1250 |
Netrix | NTRX | Lynn Chapman, President &CEO | 6.2500 | down 1.3750 |
NuSkin | NUS | Most of Management is LDS, including Chairman and CEO | 6.9375 | down 1.3750 |
Ryder Systems | R | Tony Burns, CEO | 21.1250 | down 0.1250 |
Ten Fold | TENF | Gary Kennedy, President and CEO | 8.0000 | down 0.8750 |
Zions Bancorp | ZION | Harris Simmons, Chairman | 46.4375 | up 2.5625 |
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