News about Mormons, Mormonism,
and the LDS Church

By Kent Larsen

Mormon Stocks Down on Avista, AES Results

NEW YORK, NEW YORK -- The Mormon Stock Index lost 1.5% last week, following poor results from Avista Corp. and AES Corp. and an overall decline in the stocks on the index. But the MSI didn't fall as much as the Dow Jones Industrials (down 2.3%). Overall 21 of the Mormon stocks were down, while 13 rose for the week.

Avista Corp. reported disappointing earnings and a charge for getting out of the telecommunications business, pushing its stock to a 14-year low and a drop of 22% for the week, the largest drop of any stock on the index. Also down more than 10% were diagnostic medical device manufacturer Cygnus, Inc., ahead of its announcement of third quarter results, and Myriad Genetics, which fell 10%.

Mormon Stock Index			100.11	down 1.59
Company	Symbol	LDS Executive	Closing Price	Change
Affiliated Computer Services	ACS	Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group	91.80	down 0.90
AES Corp.	AES	Roger W. Sant, Chairman	13.54	down 1.10
Avista Corp.	AVA	Gary Ely, Chairman	10.72	down 3.06
Black & Decker	BDK	Nolan D. Archbald, CEO	33.66	down 1.26
Cadence Design	CDN	Raymond Bingham, President & CEO	23.63	up 1.65
Computerized Thermal Imaging, Inc.	CIO	David Packer, President & COO	1.90	up 0.11
Corvis	CORV	David Huber, CEO	2.30	up 0.07
1-800-Contacts	CTAC	Jonathan C. Coon, President & CEO	15.42	up 1.33
Cygnus Inc.	CYGN	John Hodgman, Chairman, President & CEO	5.50	down 0.74
Diebold	DBD	Wesley B. Vance, COO	38.25	up 1.90
Dell Computer	DELL	Kevin B. Rollins, Vice Chairman	24.92	down 0.58
Dionex	DNEX	A. Blaine Bowman, President & CEO	24.35	down 0.14
EarthShell	ERTH	Simon K. Hodson, CEO	2.00	up 0.03
Hillenbrand Industries	HB	Frederick Rockwood, President & CEO	52.75	down 0.64
Hollywood Entertainment	HLYW	Mark J. Wattles, CEO	16.22	up 0.26
Host Marriott	HMT	Richard Marriott, Chairman	7.10	up 0.25
Iomega	IOM	David J. Dunn, Chairman	7.02	up 0.32
JP Realty	JPR	M. Scott Collins, CFO	20.66	down 0.63
Knight Transportation	KNGT	Keith, Gary & Kevin Knight,	24.51	down 1.09
Marriott International	MAR	J.W. Marriott, Jr., Chairman	32.15	down 1.04
Micrel Semiconductor	MCRL	Ray Zinn, Chairman and CEO	26.68	up 0.29
Monaco Coach	MNC	Kay Toolson, Chairman and CEO	18.25	up 1.20
Microsemi Corp.	MSCC	James Peterson, President & CEO	35.56	down 1.94
Myriad Genetics	MYGN	Christopher L. Wight, VP, General Counsel	44.40	down 5.00
Novell	NOVL	Stewart Nelson, COO	3.80	down 0.22
NPS Pharmaceuticals, Inc.	NPSP	James Jensen, VP of Corp. Devel. and Legal Affairs Sec.	34.48	down 1.82
NuSkin	NUS	All Mormon Mgmt,	7.45	up 0.05
Oil States International	OIS	L.E. Simmons, Chairman	8.42	down 0.18
Oakley	OO	Jim Jannard, Chairman & CEO	10.50	down 1.00
Ryder Systems	R	Tony Burns, Chairman	19.19	down 0.51
SkyWest Airlines	SKYW	Jerry Atkin, Chairman & CEO	19.34	down 0.91
Swift Transportation	SWFT	Jerry Moyes, Chairman & CEO	17.77	down 0.02
Cornerstone Realty Income Trust Inc	TCR	Glade M. Knight, Chairman & CEO	10.80	up 0.18
Zions Bancorp	ZION	Harris Simmons, Chairman	48.04	down 0.41

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)
• Franklin Covey (FC)
• Fonix (FONX.OB)
• Geneva Steel (GNVH)
• I-Link (ILNK.OB)
• 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 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)

[an error occurred while processing this directive]