Chapter 586: 589

In the evening, at the invitation of Larry Ellison, he attended a gathering in the business circle of Silicon Valley. Simon didn't return to Woodside's mountain mansion until more than 10 o'clock at night.

Entering the living room of the villa, the two AC girls who heard the news welcomed out together.

Simon was not surprised that girl c appeared here. He said with a smile, handed his coat to girl a and asked Claire, "how is the new generation ICAM going?"

Claire walked in with Simon intimately, and replied, "trial production is in progress, and the goods will be ready next month. Boss, are you going to visit me tomorrow?"

Coming to a living room on the side of the living room, Simon sat down on the sofa and said, "next time, I'll leave at noon tomorrow."

Claire nodded, casually sat down next to Simon and said, "boss, I've been contacted by several Wall Street investment banks over the past few years about the IPO of Tinkerbell. When do you think it's appropriate for us to go public?"

Girl a poured a cup of coffee and handed it to Simon. When she stepped back, she couldn't help looking at girl c, who leaned slightly towards her boss.

Simon was sitting in the middle of the couch, with Clare on one side and the other empty. Alison hesitated a little, but instead of sitting down on Simon's other side according to their private discussion, she chose a single sofa next to him. Worried about the flaws in his expression, he picked up a document on the coffee table and opened it as a cover up. Occasionally, he looked up and echoed the two people chatting with his eyes.

Simon didn't pay attention to these small details. Wen Yan said with a smile, "if you are in a hurry to let others know that you are a little rich woman now, of course you can start the IPO as soon as possible."

ICAM series is very popular. Although tincobail has started several R & D projects at the same time, there is no lack of funds.

On the other hand, tincobaier also has no venture capital eager to carry out listed cash out. As the largest shareholder of 70%, westero company not only has no demand for cash out, but also can continue to provide funds for this enterprise, so there is no need for IPO at all.

If not for economic reasons, Simon even hopes that all the companies in the westero system will remain privatized.

Cisco, Nokia, AOL and Denise entertainment, which will be listed in the middle of this year, are all helpless. As one of the most important layouts of westero system in the consumer electronics industry, tincobail's product field is not sensitive either. Therefore, it is necessary for this company to keep privatization for a long time.

Claire hated Alison's temporary retreat, and quietly approached her boss. In fact, she didn't have the idea of IPO for Tinkerbell, just casually found a topic: "however, the recent stock prices of Cisco and AOL are close to $50 billion high. I see that many analysts think that the technology sector has reached the peak, and now is the best time for IPO."

Simon took a sip of coffee and felt the good smell from girl C. he turned to look at her and found that although Claire was wearing the blouse and black trousers he was familiar with, his collar was open and the pink lace edge could be seen.

Without concealing his eyes, Simon took a few glances with a smile and joked: "C, you don't invest in technology stocks quietly. Come and talk to me today, do you?"

Clare leaned again, so convenient for the man's eyes, and immediately admitted: "I've invested 5 million dollars in loans. Boss, if I lose, I can only ask you for help."

Simon asked, "when did you buy it?"

"Last year."

"No leverage?"

"It's only doubled."

"Well."

Seeing Simon nodding noncommittally, Claire carefully grasped the man and shook his arm: "boss, should I sell now?"

"It doesn't matter to hold it for another year."

"A year from now?" asked Claire

Simon looked at the C girl who had already put her arms around her and shook her head: "I don't know."

Claire saw that his boss didn't object to his closeness, and he didn't pursue him any more. His light blue eyes narrowed slightly, his body gently rubbed against the man, his red lips slightly opened, and his little white hand boldly went down.

Girl a, who sat quietly and looked at all this, only felt that her cheek was slightly hot. Seeing that they were getting closer and closer, she finally couldn't help getting up and said, "boss, I'm going to have a rest first."

"Don't go."

Simon didn't speak, but Claire opened his mouth and whispered something in the man's ear.

In the quiet living room late at night, girl C's voice is actually very clear. When she hears Claire reveal some of her most intimate things, girl a is like a fawn trapped in a trap. Her face is red and she is at a loss for a moment.

Without waiting for Claire to finish, Simon kindly interrupted her, patted her gently with a smile, and said to Alison, "come here."

Having heard men's similar tone, Alison didn't want to be like those women, but she found that her body didn't work at all.It's like I'm under some kind of spell called obedience.

He came to Simon and sat down. He cleverly took the coffee cup from the man and put it on the coffee table. He glanced at Claire on the other side, breathing more and more quickly.

Simon's coffee cup was picked up by girl A. he caught Alison on the chin and was about to kiss her. Suddenly, he thought of something and asked, "where's Alice?"

Both girls are one.

Simon only looked at the expression of girl a, and instantly understood it, but he just laughed and didn't stop his hand.

I went to Woodside Simon's villa with AC two girls. The housekeeper didn't get along with them too much. She went upstairs to the master bedroom and waited for Simon to come back.

The tiredness accumulated by days of high-intensity work has not been completely relieved because of the maintenance and rest in the afternoon. After taking a bath again, I lie on the man's big bed alone, reading magazines, and unconsciously fall asleep.

A very relaxing sleep.

Wake up again, last night's magazine is still at hand, but there is no trace of a man on the big bed.

Last night, I didn't draw the curtains. The bright sunshine has been slanted into the bedroom. The windows are still open. The fresh air in the mountains is refreshing.

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The mood is inexplicably not happy at all.

Especially after going downstairs, I saw a guy who was eating breakfast and reading newspaper in the restaurant, as well as a beautiful silk scarf with a good match between the necks of AC two girls.

Damn it!

So even the man's good morning greeting did not respond.

He sat down at the table with a cold face, feeling that he would be more proud of himself. Soon he ate breakfast as if nothing had happened, talked about the company with him as if nothing had happened, and rushed to the company with him as if nothing had happened.

I don't care!

Because it's a temporary meeting and there's not much preparation in advance, the meeting on igrit's product priority tends to be a free discussion.

Everyone was very busy. The meeting lasted only more than half an hour. Simon's final request was that Jeff Bezos, Carol Bartz and Tim Berners Lee, as well as the housekeeper who was personally brought into the meeting room by Simon, each of them must submit a full hand written priority report to him every month, detailing the impact of igritte's businesses in the development decision-making process The solution after priority conflict.

At the end of the meeting, Simon went to San Jose to discuss with John Chambers and boarded the plane to New York near noon. On the east coast, after taking over the USA TV network, Denise Entertainment's TV business also needs to make corresponding adjustments.

The first anniversary of Bill Clinton's inauguration is just around the corner of January 20.

Bill Clinton's political foundation at this stage is far less than that of George W. Bush of the previous term. Therefore, the White House has been in constant trouble this year.

In order to get a good start in his second ruling idea and boost morale, the white house turned its attention to the Internet industry. After all, the information superhighway act is the most important one since Clinton took office.

As a result, after coordination with Silicon Valley, on January 19, igrit released a global world wide web user report in 1993 ahead of the annual financial report that the outside world paid more attention to. The white house immediately followed up, exaggerating the high-speed development of the Internet industry in the past year.

The report shows that as of December 31, 1993, the number of World Wide Web access users has reached 73 million, covering 116 million Internet users.

The number of users of the world wide web in the United States alone has reached 46 million, covering 75 million Internet users.

Japan's World Wide Web users ranked second with 5.3 million following the United States, and Germany ranked third with 3.8 million.

The UK ranks fourth with 2.9 million users.

Canada, which is close to the United States, ranks fifth with 2.6 million users.

The number of World Wide Web users in Australia, which is the key business of westero system, has also reached 1.5 million, ranking ninth behind France, Italy and Spain. Taking Australia's total population of 17 million as an example, the popularity of the world wide web in this country is as high as 14%, next only to 15% in Canada and 28% in the United States.

Compared with 1992, the number of users of the world wide web in the United States increased by 64% in 1993, and the growth rate of users of the world wide web in key overseas countries generally exceeded 100%.

The report also predicts that in 1994, the growth rate of the number of domestic users of the world wide web in the United States will still reach more than 50%. Due to the relatively low popularity of the world wide web in Japan, Germany, the United Kingdom and other overseas countries, under the background of the rapid rise of the Internet industry, the scale of World Wide Web users in these countries will still maintain an annual growth rate of more than 100% in 1994.

Therefore, the number of World Wide Web users is expected to reach 120 million by the end of 1994, covering more than 200 million Internet users.

The release of this report and the official exaggeration of the rapid development of the Internet industry in the past year, the most direct consequence is that it triggered another collective surge of NASDAQ technology stocks.Only on January 19, Cisco's share price rose by 3.9% at the close of the afternoon, and its market value officially broke through the $50 billion mark, becoming the first Internet company among many emerging technology companies to break through the $50 billion market value.

On January 21, after three consecutive days of rising stock prices, AOL's stock price also successfully broke through the $50 billion mark.

As of the close of January 21, Cisco's total market value reached $53.6 billion, and AOL's market value was also fixed at a high of $51.5 billion. The stock prices of other new technology companies such as Microsoft, Intel and Oracle hit new highs one after another. Even IBM, which has been mired in recent years, has broken through the $40 billion mark by taking advantage of the favorable dividend after the determined reform of the new CEO Gerstner who took office last year. On the one hand, the craziness of

technology stocks has attracted more investors into the Nasdaq market. On the other hand, there are many self aware investors who think that the technology stock market has already overheated. The market value of CISCO and AOL both have exceeded 50 billion US dollars.

The annual financial reports of various companies will be released in the next two months. However, the capital market can basically make a rough estimate based on the financial data of previous quarters. There is no doubt about the high growth rate of new technology enterprises such as Cisco and AOL. However, the market value of more than 50 billion US dollars of Cisco and AOL is exaggerated in the eyes of many people.

As of the close of January 21, only four listed companies in the U.S. stock market had a market value of more than $50 billion. Cisco and AOL had a market value of only $76.2 billion and $55.3 billion, respectively, next to the first ranking general electric and the second ranking U.S. energy giant Philip Morris.

By contrast, both Ge and Philip Morris have a revenue volume ten times that of Cisco and AOL. Even the net profits of the two companies in the last fiscal year of $4.6 billion and $5.9 billion respectively are comparable to the revenue volume of Cisco in 1993.

For example, GM and Ford, the old heavy industry giants with annual revenue of more than 100 billion US dollars, had a market value of only US $37.1 billion and US $29.5 billion as of January 21. The other two energy giants Exxon and Mobil, which have been looking for merger for a long time, closed with a market value of only US $43.6 billion and US $35.3 billion respectively on January 21.

At the beginning of 1994, there were still no enterprises with a market value of 100 billion US dollars in the United States. US $50 billion is a threshold for major enterprises. It took another enterprise a century to break through the hurdle, which was easily crossed by two emerging high-tech companies, both of which have been established for only 10 years. How can it not be questioned?

Therefore, after the market value of Cisco and AOL both exceeded the $50 billion mark, many hedge funds on Wall Street began to set up targeted short positions, betting that the stock prices of Cisco and AOL will be significantly corrected in the next few months. The key time point is the release date of the annual financial reports of the two companies.

Capital that shortens Cisco and AOL believes that with the release of the financial report data of the two companies that can not match their high market value, the capital market will calm down again, and then there will be a selling trend to lower the share price.

As of the close on January 21, in just a few days, the short positions of Cisco and AOL have exceeded US $6 billion, and the total short positions of the whole NASDAQ technology stock market have reached US $20 billion, which is expected to continue to increase next week.

Stock hedging is a zero sum game.

The total short position of US $20 billion covering a large number of technology stocks on NASDAQ naturally means a long position of the same size.

Cersei capital's cersei fund management company has recently quietly increased the size of hedge funds to $5 billion, with $20 billion short contracts for technology stocks. Cersei fund management company alone has undertaken one-third of them, reaching $7 billion.

Cersei capital does not want to take over more, but there is no lack of other bullish capital in the market.

Stock hedging requires capital to borrow a certain proportion of stocks as asset collateral.

Even, in order to facilitate many hedge funds to establish short positions specifically for Cisco, AOL and other technology companies, westero and other closely related holding capital have generously lent their own technology stocks.

As long as the Commission is high enough, I will give you as much as you dare to borrow.

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