securities and exchanges commission

Date: 12/14/00 To: Securities and Exchange Commission From: Bryan Economic Analysis, Inc. Re: Report on Stock Prices of Internet Companies Priority: Urgent & Confidential The Problem In Response to the SEC memorandum regarding the adoption of the policy of capping the stock prices of internet-related companies at 90% of their current value, Bryan Economic Analysis, Inc. has come to the following conclusions. Bryan Economic Analysis, Inc. agrees that if something is not done regarding the price of stock …

…will not exceed 90% of its original price. The Answer It is obvious to Bryan Economic Analysis, Inc. that the price cap for stocks of internet-related companies in highly necessary for the continuation of a stable and prosperous economy. If the rise of the price of internet-related companies were to continue to rise, the economy would certainly feel the effects of a drastic drop in the stock market, causing a major recession in the US economy.