Chapter 728 Negotiating Table
Jing Jian drank mineral water and listened with a smile as Cowell missed his youth. He was not in a hurry, Cowell had come all the way to Los Angeles, and he would not just invite him to a food stall.
Cowell seemed to be very talkative, and said to Jing Jian: "Bramble, I heard that your Chinese cuisine is very famous, I don't know if you can get used to eating Western-style seafood." However, some of the dishes here are really delicious, I have already ordered them for you, shrimp salad boat, cream king crab, grilled seafood, grilled fish in white wine, seafood stew, ......"
Jing Jian smiled and picked up the order on the table, and smiled at Cowell: "Cowell, I'm not used to others arranging it for me. Sorry......" Looking at the menu, Jing Jian pointed to the shrimp and said to the waiter on the side, "Add this, and add a little lamb chops in red wine." "I didn't expect to see the Internet celebrity of Pipi Shrimp here?
"Huh. To Jing Jian's-for-tat, Cowell laughed a few times, "Of course, if you eat, you have to eat comfortably, that is, you have to eat what you want." ”
Jing Jian smiled slightly: "Cowell, it seems that someone wanted to steal my food before?"
"Hehe, there's nothing to complain about. Cowell shrugged, "You had a hole in your body before, like a table of food in front of us, don't you pretend not to eat it......?" It seems like luck is good, so we can talk, why don't we eat this table together?"
"Oh?" Jing Jian waited for the following.
"I don't like to go around in circles, so let's make it clear that everyone will get rich together. Seeing the waiter start to make vegetables, Cowell waited until he finished making dishes and left, and continued, "I don't know if you have studied Wang An's computer? Mr. Wang founded a huge empire during his lifetime, not only constantly innovating in technology, but also wanting to monopolize all the upstream and downstream industries. Therefore, I have a foundry in Taiwan, and I am not willing to pay even the rent of the office space, so I build and buy almost all the real estate ......"
What Cowell is telling is the truth. In the future, one of the important reasons for the failure of Wang An's computer is incompatibility. In other words, Mr. Wang An is ambitious, and he wants to eat everything alone. Of course, if you can maintain the leading position in the industry, you can certainly get excess profits by eating alone. It's like Apple building its own factory to produce its own smartphones, and taking part of the foundry's profits into its arms. But in the event of a difficult situation, there is no doubt that those upstream companies will become a heavy burden. One must build on a firm foundation?
And Colwell slowly got to the point, he took a bite of shrimp salad: "After Miller took over Wang An Computer, he did successfully restructure the company's debt. He began to continuously divest non-core businesses, and made Wang An Computer's debts continue to decrease, and the risk of bankruptcy is greatly reduced. If it continues, Wang An's computer will definitely continue to maintain for a long time. ”
Jing Jian understood what Cowell meant. Let's put it simply. At that time, Mr. Wang An took advantage of his leading technology and the company's excellent profitability, so he established many upstream factories to process his own computer products. And there is money to build a company office building, and even the rent is saved.
I didn't expect that there would be no 100 days of money, and now Wang An Computer is in high debt, so the current chairman will slowly sell these processing plants, office buildings and so on, and the money sold can still allow Wang An Computer to continue to maintain.
In fact, as a well-known American management expert, Edward Miller did repeatedly save companies from the brink of extinction. In September 1989, Mr. Wang An, who was dying of illness, personally ordered his eldest son Wang Lie to resign and hired Miller to take over the position with a high salary.
When Miller took office, he showed his knack for dealing with debt, quickly alleviating fatal financial difficulties. Within one year, he significantly reduced the obligated bank debt, successfully reducing the total debt from $575 million to $12 million. Most of the debt was repaid by the sale of the assets of the branch and the sale of a 30 percent stake in a factory in Taiwan.
However, alas, if it is a traditional enterprise, Miller may once again create a miracle. But for the new high-tech industry of computers, he could not effectively solve the basic problem of Wang An's failure—prompting Wang An's laboratory to quickly launch new products. In the end, it only greatly slowed down the speed of Wang An's computer death.
Hearing this, Jing Jian suddenly thought that the Cowell in front of him actually didn't know much about the characteristics of high-tech enterprises, or rather, he had no interest in understanding it at all. Moreover, in the eyes of the outside world, Wang An's computer debts have been greatly reduced, and it should be in a good direction, right? No one would have predicted that it would go bankrupt in a few years.
With a smile, Jing Jian asked, "Cowell, the reason why you support Wang Lie is because he has borrowed a lot of debts?"
"Haha, I just like to talk to smart people. Cowell tapped a crab claw with a small hammer, "As far as I know, in order to acquire your Blue Star Network, Wang Lie not only took out tens of millions from his own foundation, but also mortgaged nearly 200 million with his own equity. However, thanks to your several means, the stock price of Bluestar has risen nearly tenfold......"
Cowell didn't seem to have the slightest intention of concealing it, and confessed his plan to Jing Jian: due to the unexpected surge in the stock price of Bluestar.com, Wang Lie's acquisition budget was not very sufficient, so he mortgaged a lot of Wang An Computer's shares.
And Cowell immediately discovered this loophole, he began to "kill" Wang Lie, ostensibly supporting Wang Lie's acquisition, and waited until Bluestar got it, and then counterattacked Wang Lie through the Wang An computer debt he mastered, so that he got the right to operate these two companies at once.
The subsequent operation is a routine, high-quality assets should be sold, and the rest should be merged, if it can promote the re-listing of the listed cash. Anyway, Cowell has a way to cash in quickly. You must understand that Cowell is only 8% of the shares of Bluestar.com, plus a part of Wang An's computer's creditor's rights, he can perform a scene of snake swallowing elephants like a brilliant pen, how can he also make full profits.
However, at the time of the hearing, Colwell encountered a setback, and unexpectedly, Iraq's invasion of Kuwait suddenly appeared, making Colwell's efforts useless.
If that's all it takes, it doesn't matter, and you can still hold an extraordinary general meeting of shareholders. But I never expected that Jing Jian suddenly sold Wang An's computer's bonds, and clearly told Cowell - if you rob my Blue Star Network, I will stir you up to settle in Wang An's computer.
As a result, the two had to sit at the negotiating table......