By Kent Larsen
Two New Companies Join MSI, Index Falls Less than Market
NEW YORK, NEW YORK -- Two new companies joined the Mormon Stock Index this
week, Monaco Coach and Microsemi Corp., but the index still fell 3.6% amid a
general decline in US stocks. Still the MSI fell less than most of the
market. Of the 35 stocks now on the index, only eight rose for the week, led
by Monaco Coach, which jumped nearly 14%.
Monaco Coach, led by LDS Church member Kay Toolson, is an Oregon-based
manufacturer of high-end motor coaches, including recreational vehicles.
This past summer the company purchased SMC Corp., a similar manufacturer of
high-end motor coaches. Microsemi Corp., is a designer, manufacturer and
marketer of analog, mixed-signal and discrete semiconductors for use in
computer and telecommunications applications.
Much of the decline in the index was due to three companies. Dell Computer
fell 7.5%, Marriott International fell nearly 14% and AES Corp. dropped 13%
last week. But bigger drops were evident at Corvis, which fell nearly 18%,
Franklin Covey, which fell nearly 17%, and Computerized Thermal Imaging,
which fell 10%.
Mormon Stock Index | | 112.42 | down 4.23 |
Company | Symbol | LDS Executive | Closing Price | Change |
Affiliated Computer Services | ACS | Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group | 81.77 | down 3.48 |
AES Corp. | AES | Roger W. Sant, Chairman | 33.12 | down 2.20 |
Avista Corp. | AVA | Gary Ely, Chairman | 16.27 | down 0.93 |
Black & Decker | BDK | Nolan D. Archbald, CEO | 39.33 | down 1.89 |
Bay View Capital Corp | BVC | Matt Carpenter, COO | 7.45 | up 0.07 |
Cadence Design | CDN | Raymond Bingham, President & CEO | 21.98 | down 1.05 |
Computerized Thermal Imaging, Inc. | CIO | David Packer, President & COO | 2.52 | down 0.28 |
Corvis | CORV | David Huber, CEO | 1.97 | down 0.43 |
1-800-Contacts | CTAC | Jonathan C. Coon, President & CEO | 12.91 | down 0.08 |
Cygnus Inc. | CYGN | John Hodgman, Chairman, President & CEO | 8.50 | down 0.26 |
Dell Computer | DELL | Kevin B. Rollins, Vice Chairman | 21.38 | down 1.74 |
Dionex | DNEX | A. Blaine Bowman, President & CEO | 29.92 | down 0.13 |
EarthShell | ERTH | Simon K. Hodson, CEO | 3.45 | down 0.05 |
Franklin Covey | FC | Stephen R. Covey, Chairman | 4.49 | down 0.91 |
Hillenbrand Industries | HB | Frederick Rockwood, President & CEO | 54.30 | down 0.35 |
Hollywood Entertainment | HLYW | Mark J. Wattles, CEO | 12.00 | down 0.36 |
Host Marriott | HMT | Richard Marriott, Chairman | 12.80 | down 0.46 |
Iomega | IOM | David J. Dunn, Chairman | 1.37 | down 0.10 |
JP Realty | JPR | Several Mgmt Team Members, | 22.70 | down 0.93 |
Knight Transportation | KNGT | Keith, Gary & Kevin Knight, | 22.02 | up 0.68 |
Marriott International | MAR | J.W. Marriott, Jr., Chairman | 43.85 | down 3.51 |
Micrel Semiconductor | MCRL | Ray Zinn, Chairman and CEO | 30.86 | down 0.66 |
Myriad Genetics | MYGN | Christopher L. Wight, VP, General Counsel | 43.60 | down 1.95 |
Novell | NOVL | Stewart Nelson, COO | 4.55 | down 0.19 |
NPS Pharmaceuticals, Inc. | NPSP | James Jensen, VP of Corp. Devel. and Legal Affairs Sec. | 33.62 | up 0.66 |
NuSkin | NUS | All Mormon Mgmt, | 6.85 | no change |
Oil States International | OIS | L.E. Simmons, Chairman | 8.47 | down 0.53 |
Oakley | OO | Jim Jannard, Chairman & CEO | 13.65 | up 0.32 |
Ryder Systems | R | Tony Burns, Chairman | 22.59 | up 0.57 |
Sky West Airlines | SKYW | Jerry Atkin, Chairman & CEO | 31.84 | up 0.24 |
Swift Transportation | SWFT | Jerry Moyes, Chairman & CEO | 21.59 | up 0.09 |
Cornerstone REIT | TCR | Glade M. Knight, Chairman & CEO | 10.81 | down 0.46 |
Zions Bancorp | ZION | Harris Simmons, Chairman | 57.26 | down 1.36 |
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 (ILNKC)
- MITY Enterprises (MITY)
- Metalclad (MTLC)
- NX Networks (NXWX)
- Ten Fold (TENFC)
- 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 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 (Utah)
- Gertner Communications (Utah)
- Headwaters, Inc. (Utah)
- Nature's Sunshine (Utah)
- Questar (Utah)
- Sonic Innovations (Utah)
|