News about Mormons, Mormonism,
and the LDS Church

By Kent Larsen

MSI: Broad Decline in MSI Led by Micrel Semiconductor

NEW YORK, NEW YORK -- A broad decline in US stocks, drove the Mormon Stock Index down 4.3% last week, led by Micrel Semiconductor, which dropped nearly 20% last week, and Computerized Thermal Imaging, which dropped nearly 30%. But the drop was less than the technology-heavy NASDAQ, which fell over 7%.

The declines among the stocks on the Mormon Stock Index were also broad. Of the 32 stocks in the index, all but 6 lost ground for the week, and the best performance, by Hollywood Entertainment, was a rise of just 3%. Other up stocks included Earthshell, Hillenbrand Industries, 1-800-Contacts, Host Marriott and Oakley.

A total of 8 stocks fell by more than 10% last week, including Dionex, Corvis, Cygnus, Iomega, Myriad Genetics and Novell.

Mormon Stock Index			117.42	down 5.33
Company	Symbol	LDS Executive	Closing Price	Change
Affiliated Computer Services	ACS	Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group	71.50	down 0.41
AES Corp.	AES	Roger W. Sant, Chairman	42.45	down 0.60
Avista Corp.	AVA	Gary Ely, Chairman	18.52	down 1.46
Black & Decker	BDK	Nolan D. Archbald, CEO	39.09	down 0.37
Bay View Capital Corp	BVC	Matt Carpenter, COO	7.25	down 0.23
Cadence Design	CDN	Raymond Bingham, President & CEO	18.06	down 0.57
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	3.52	down 1.43
Corvis	CORV	David Huber, CEO	3.82	down 0.57
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	25.00	up 0.21
Cygnus Inc.	CYGN	John Hodgman, Chairman, President & CEO	9.04	down 1.21
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	25.63	down 0.52
Dionex	DNEX	A. Blaine Bowman, President & CEO	28.20	down 5.05
EarthShell	ERTH	Simon K. Hodson, CEO	3.49	up 0.09
Franklin Covey	FC	Stephen R. Covey, Chairman	5.44	down 0.06
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	58.10	up 0.99
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	8.72	up 0.26
Host Marriott	HMT	Richard Marriott, Chairman	12.55	up 0.03
Iomega	IOM	David J. Dunn, Chairman	2.12	down 0.27
JP Realty	JPR	Several Mgmt Team Members,	23.18	down 1.32
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	19.93	down 0.62
Marriott International	MAR	J.W. Marriott, Jr., Chairman	46.81	down 0.53
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	26.48	down 6.52
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	54.80	down 8.51
Novell	NOVL	Stewart Nelson, COO	5.01	down 0.68
NPS Pharmaceuticals, Inc.	NPSP	James Jensen, VP of Corp. Devel. and Legal Affairs Sec.	37.44	down 2.76
NuSkin	NUS	All Mormon Mgmt,	8.10	down 0.40
Oakley	OO	Jim Jannard, Chairman & CEO	18.64	up 0.14
Ryder Systems	R	Tony Burns, Chairman	19.01	down 0.59
Sky West Airlines	SKYW	Jerry Atkin, Chairman & CEO	26.45	down 1.55
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	18.92	down 0.34
Cornerstone REIT	TCR	Glade M. Knight, Chairman & CEO	10.85	down 0.75
Zions Bancorp	ZION	Harris Simmons, Chairman	57.63	down 1.37

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)
• Geneva Steel (GNVH)
• I-Link (ILNK)
• 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 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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