News about Mormons, Mormonism,
and the LDS Church

By Kent Larsen

MSI: Index Jumps 7.3%, Adds 32nd Company

NEW YORK, NEW YORK -- The Mormon Stock Index added its 32nd company this past week and increased the number of companies it actively tracks to 40 companies as the index's first anniversary approaches. As if to commemorate its anniversary, the index exploded, jumping more than 8 points to 122.75 and out performing all the major indices last week. However, the index finishes its anniversary down nearly 6 points over last year, a drop of 4.5%.

Added to the index this week was Affiliated Computer Services, a software and data entry services firm that purchased the start-up firm owned by LDS Church members Lynn and Tom Blodgett. Lynn has been made an Executive Vice President at the firm and group president of its Business Process Services division, based in Sandy, Utah.

The stocks on the index were generally up for the week. Only five of the stocks were down, the largest, Cadence Design dropped 6.5%. Of the 27 up stocks, six rose more than 20% last week, and Computerized Thermal Imaging rose 50% for the week. Also recording large increases were Corvis, Dionex, Hollywood Entertainment, Micrel Semiconductor and Swift Transportation. Micrel and Dell Computer, which rose nearly 12%, together accounted for nearly one-third of the increase in the index.

Mormon Stock Index			122.75	up 8.37
Company	Symbol	LDS Executive	Closing Price	Change
Affiliated Computer Services	ACS	Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group	71.91	down 4.27
AES Corp.	AES	Roger W. Sant, Chairman	43.05	up 1.99
Avista Corp.	AVA	Gary Ely, Chairman	19.98	up 2.03
Black & Decker	BDK	Nolan D. Archbald, CEO	39.46	up 2.41
Bay View Capital Corp	BVC	Matt Carpenter, COO	7.48	up 0.26
Cadence Design	CDN	Raymond Bingham, President & CEO	18.63	down 1.30
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	4.95	up 1.65
Corvis	CORV	David Huber, CEO	4.39	up 0.86
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	24.79	up 0.83
Cygnus Inc.	CYGN	John Hodgman, Chairman, President & CEO	10.25	up 1.61
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	26.15	up 2.74
Dionex	DNEX	A. Blaine Bowman, President & CEO	33.25	up 5.85
EarthShell	ERTH	Simon K. Hodson, CEO	3.40	up 0.15
Franklin Covey	FC	Stephen R. Covey, Chairman	5.50	down 0.20
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	57.11	up 0.50
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	8.46	up 1.42
Host Marriott	HMT	Richard Marriott, Chairman	12.52	up 0.22
Iomega	IOM	David J. Dunn, Chairman	2.39	up 0.27
JP Realty	JPR	Several Mgmt Team Members,	24.50	up 1.61
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	20.55	up 2.02
Marriott International	MAR	J.W. Marriott, Jr., Chairman	47.34	up 0.17
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	33.00	up 6.81
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	63.31	down 0.85
Novell	NOVL	Stewart Nelson, COO	5.69	up 0.82
NPS Pharmaceuticals, Inc.	NPSP	James Jensen, VP of Corp. Devel. and Legal Affairs Sec.	40.20	up 4.20
NuSkin	NUS	All Mormon Mgmt,	8.50	up 0.60
Oakley	OO	Jim Jannard, Chairman & CEO	18.50	down 0.35
Ryder Systems	R	Tony Burns, Chairman	19.60	up 0.68
Sky West Airlines	SKYW	Jerry Atkin, Chairman & CEO	28.00	up 1.96
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	19.26	up 3.70
Cornerstone REIT	TCR	Glade M. Knight, Chairman & CEO	11.60	up 0.93
Zions Bancorp	ZION	Harris Simmons, Chairman	59.00	up 1.45

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) I-Link (ILNK) MITY Enterprises (MITY) Metalclad (MTLC) Ten Fold (TENF) 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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