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 …showed first 75 words of 688 total…

…showed last 75 words of 688 total…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.