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By Kent Larsen
MSI: MSI Reaches Pre-9/11 Levels
NEW YORK, NEW YORK -- It took sudden surges by out-of-favor stocks
AES Corp. and Corvis to move the Mormon Stock Index finally above its
September 11th level. As a result, the index rose 6.1% last week,
more than double many other indices, to close at 109.20. For the week
AES Corp. rose 22% on good news including the expected sale of an
Illinois power utility, while Corvis jumped nearly 70% after positive
comments about the stock were made at a telecommunication industry
conference. Overall, 28 of the 34 stocks in the index rose while just
6 fell.
In addition to AES and Corvis, EarthShell, Oakley and SkyWest
airlines all rose strongly. EarthShell rose after it reached an
agreement with giant food service company Sodexho underwhich the
company will purchase EarthShell's products. Oakley's rise came after
Lehman Brothers recommended the stock, while SkyWest rose after it
reported significantly higher earnings for the quarter ended
September 30th. The biggest decrease for the week was from Oil States
International, which fell 11.5% in spite of higher earnings, as
analysts foresaw sharply lower oil prices.
| Mormon Stock Index | | 109.20 | up 6.29 |
| Company | Symbol | LDS Executive | Closing Price | Change |
| Affiliated Computer Services | ACS | Lynn Blodgett, Executive Vice President and Group President - Business Process Solutions Group | 94.87 | up 6.77 |
| AES Corp. | AES | Roger W. Sant, Chairman | 16.95 | up 3.08 |
| Avista Corp. | AVA | Gary Ely, Chairman | 12.25 | up 0.29 |
| Black & Decker | BDK | Nolan D. Archbald, CEO | 35.40 | up 1.10 |
| Cadence Design | CDN | Raymond Bingham, President & CEO | 23.61 | down 0.77 |
| Computerized Thermal Imaging, Inc. | CIO | David Packer, President & COO | 1.95 | up 0.07 |
| Corvis | CORV | David Huber, CEO | 3.76 | up 1.54 |
| 1-800-Contacts | CTAC | Jonathan C. Coon, President & CEO | 17.38 | down 0.27 |
| Cygnus Inc. | CYGN | John Hodgman, Chairman, President & CEO | 5.70 | up 0.10 |
| Diebold | DBD | Wesley B. Vance, COO | 39.38 | up 2.56 |
| Dell Computer | DELL | Kevin B. Rollins, Vice Chairman | 26.60 | up 0.85 |
| Dionex | DNEX | A. Blaine Bowman, President & CEO | 25.21 | up 0.63 |
| EarthShell | ERTH | Simon K. Hodson, CEO | 2.45 | up 0.36 |
| Hillenbrand Industries | HB | Frederick Rockwood, President & CEO | 52.21 | up 1.60 |
| Hollywood Entertainment | HLYW | Mark J. Wattles, CEO | 15.45 | down 0.79 |
| Host Marriott | HMT | Richard Marriott, Chairman | 8.57 | up 0.84 |
| Iomega | IOM | David J. Dunn, Chairman | 7.44 | up 0.09 |
| JP Realty | JPR | M. Scott Collins, CFO | 22.90 | up 0.94 |
| Knight Transportation | KNGT | Keith, Gary & Kevin Knight, | 27.30 | up 2.15 |
| Marriott International | MAR | J.W. Marriott, Jr., Chairman | 37.00 | up 3.00 |
| Micrel Semiconductor | MCRL | Ray Zinn, Chairman and CEO | 30.75 | up 1.69 |
| Monaco Coach | MNC | Kay Toolson, Chairman and CEO | 18.97 | up 0.08 |
| Microsemi Corp. | MSCC | James Peterson, President & CEO | 36.12 | down 0.12 |
| Myriad Genetics | MYGN | Christopher L. Wight, VP, General Counsel | 52.35 | up 2.44 |
| Novell | NOVL | Stewart Nelson, COO | 4.00 | up 0.07 |
| NPS Pharmaceuticals, Inc. | NPSP | James Jensen, VP of Corp. Devel. and Legal Affairs Sec. | 34.50 | up 0.66 |
| NuSkin | NUS | All Mormon Mgmt, | 7.64 | up 0.42 |
| Oil States International | OIS | L.E. Simmons, Chairman | 7.50 | down 0.98 |
| Oakley | OO | Jim Jannard, Chairman & CEO | 13.61 | up 1.91 |
| Ryder Systems | R | Tony Burns, Chairman | 20.30 | up 1.27 |
| SkyWest Airlines | SKYW | Jerry Atkin, Chairman & CEO | 22.21 | up 2.72 |
| Swift Transportation | SWFT | Jerry Moyes, Chairman & CEO | 21.41 | up 1.86 |
| Cornerstone Realty Income Trust Inc | TCR | Glade M. Knight, Chairman & CEO | 11.18 | up 0.33 |
| Zions Bancorp | ZION | Harris Simmons, Chairman | 47.25 | down 1.49 |
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)
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