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and the LDS Church

By Kent Larsen

MSI: AES Limits MSI Gain to Less than Market

NEW YORK, NEW YORK -- A nearly 10% decline in power company AES Corp. limited the gain in the Mormon Stock Index to less than that of the popular Dow Jones Industrials and NASDAQ indices. The MSI rose 2.93 (2.5%) while the Dow Jones Industrials rose 2.8% and the NASDAQ rose 4%.

Dell Computer's 9% gain accounted for much of the index's increase last week, but it wasn't the largest increase for the week. Knight Transportation was up 18%, after it corrected a report in the Wall Street Journal that Chairman and CEO Kevin Knight had sold nearly 200,000 shares in the company. Knight had only sold 25,000 shares as part of a normal diversification program. Also up was Knight's competitor Swift Transportation (16%) and Oakley (16%), which recently trumpeted its successful diversification into shoes and other clothing in addition to its traditional eyewear.

On the downside, Myriad Genetics fell 11%, along with other biotech stocks, and 1-800-Contacts also fell 11%. Overall 18 stocks in the index were up while 14 fell last week.

Mormon Stock Index			120.35	up 2.93
Company	Symbol	LDS Executive	Closing Price	Change
Affiliated Computer Services	ACS	Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group	76.31	up 4.81
AES Corp.	AES	Roger W. Sant, Chairman	38.42	down 4.03
Avista Corp.	AVA	Gary Ely, Chairman	18.51	down 0.01
Black & Decker	BDK	Nolan D. Archbald, CEO	41.55	up 2.46
Bay View Capital Corp	BVC	Matt Carpenter, COO	7.20	down 0.05
Cadence Design	CDN	Raymond Bingham, President & CEO	18.37	up 0.31
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	3.86	up 0.34
Corvis	CORV	David Huber, CEO	4.04	up 0.22
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	22.05	down 2.95
Cygnus Inc.	CYGN	John Hodgman, Chairman, President & CEO	8.40	down 0.64
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	27.95	up 2.32
Dionex	DNEX	A. Blaine Bowman, President & CEO	30.37	up 2.17
EarthShell	ERTH	Simon K. Hodson, CEO	3.26	down 0.23
Franklin Covey	FC	Stephen R. Covey, Chairman	5.30	down 0.14
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	57.48	down 0.62
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	9.29	up 0.57
Host Marriott	HMT	Richard Marriott, Chairman	12.66	up 0.11
Iomega	IOM	David J. Dunn, Chairman	1.94	down 0.18
JP Realty	JPR	Several Mgmt Team Members,	22.60	down 0.58
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	23.56	up 3.63
Marriott International	MAR	J.W. Marriott, Jr., Chairman	48.75	up 1.94
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	29.35	up 2.87
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	48.59	down 6.21
Novell	NOVL	Stewart Nelson, COO	5.02	up 0.01
NPS Pharmaceuticals, Inc.	NPSP	James Jensen, VP of Corp. Devel. and Legal Affairs Sec.	34.70	down 2.74
NuSkin	NUS	All Mormon Mgmt,	7.77	down 0.33
Oakley	OO	Jim Jannard, Chairman & CEO	21.61	up 2.97
Ryder Systems	R	Tony Burns, Chairman	18.69	down 0.32
Sky West Airlines	SKYW	Jerry Atkin, Chairman & CEO	30.12	up 3.67
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	22.02	up 3.10
Cornerstone REIT	TCR	Glade M. Knight, Chairman & CEO	10.94	up 0.09
Zions Bancorp	ZION	Harris Simmons, Chairman	58.38	up 0.75

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
• onic Innovations.

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