securities and exchanges commission
Date Submitted: 09/03/2004 09:33:25
Category: / Law & Government / Government & Politics
Length: 3 pages (688 words)
Category: / Law & Government / Government & Politics
Length: 3 pages (688 words)
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 …
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…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.
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