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By Kent Larsen
Dell and AES Push Mormon Stock Index Up Again
NEW YORK, NEW YORK -- For the fourth consecutive week, the Mormon
Stock Index rose, although this time by a modest 2%. But the increase
caps a 21% rise so far this year, largely thanks to Dell Computer's
52% rise, and more reasonable increases among most of the other
stocks on the index. However, this week's rise was fueled as much by
power systems manager AES, which rose 10% for the week, while Dell
was up 3%.
Overall, the MSI was quite volatile for the week, with six stocks
moving more than 10%. On the downside, Corvis fell 28%, as investors
expressed disappointment with its fourth quarter earnings, which met
expectations in spite of higher-than-expected sales. Micrel
Semiconductor also fell, by nearly 12%, in reaction to its statement
that it expected lower sales. Among the smaller stocks, Earthshell
fell 10% and Fonix fell nearly 20%. But biotech firm Myriad Genetics
rose 19.5% for the week.
| Mormon Stock Index | | | 131.8578 | up 2.9538 |
| Company | Symbol | LDS Executive | Closing Price | Change |
| AES Corp. | AES | Roger W. Sant, Chairman | 58.6875 | up 5.5000 |
| Black &Decker | BDK | Nolan D. Archbald, CEO | 41.6250 | down 0.3750 |
| Corvis Corporation | CORV | David Huber, CEO | 20.5000 | down 8.0625 |
| 1-800-Contacts | CTAC | Jonathan C. Coon, President &CEO | 30.5000 | up 0.81250 |
| Dell Computer | DELL | Kevin B. Rollins, Vice Chairman | 26.5000 | up 0.8750 |
| EarthShell | ERTH | Simon K. Hodson, CEO | 1.6250 | down 0.1875 |
| Franklin Covey | FC | Stephen R. Covey, Chairman | 8.1875 | up 0.1875 |
| Fonix | FONX | Steve Studdert, Chairman | 0.6406 | down 0.1563 |
| Host Marriott | HMT | Richard Marriott, Chairman | 13.7500 | up 0.5625 |
| Iomega | IOM | David J. Dunn, Chairman | 3.6200 | down 0.0500 |
| Knight Transportation | KNGT | Keith, Gary and Kevin Knight | 21.6250 | up 1.0625 |
| Marriott International | MAR | J.W. Marriott, Jr., Chairman | 46.2500 | up 1.3125 |
| Micrel Semiconductors | MCRL | Ray Zinn, Chairman and CEO | 42.8750 | down 5.7500 |
| Myriad Genetics | MYGN | Christopher L. Wight, VP, General Counsel | 64.3750 | up 10.5000 |
| Novell | NOVL | Stewart Nelson, COO | 8.4375 | up 0.6250 |
| NuSkin | NUS | Most of Management is LDS, including Chairman and CEO | 5.9375 | up 0.0625 |
| Oakley, Inc. | OO | Jim Jannard, Chairman &CEO | 19.3750 | up 1.2500 |
| Ryder Systems | R | Tony Burns, Chairman | 19.5625 | up 0.9375 |
| Cornerstone REIT | TCR | Glade M. Knight, Chairman &CEO | 10.8125 | down 0.0625 |
| Zions Bancorp | ZION | Harris Simmons, Chairman | 57.0000 | down 0.7500 |
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