Chapter 249: Greenwich

All the documents required for the transaction have been prepared, the transfer agreement has been signed with the staff of Merrill Lynch, and the staff of JPMorgan Bank have also been present to help complete the delivery of funds.

After spending nearly $80 million, Sumu became a minority shareholder of Intel, holding 0.76 percent of the total share capital.

Nowadays, manufacturing companies in the physical IT industry are more popular with investors in the international market, and the signs of a bubble in the Internet industry have just appeared, and those Internet software industry subsidiaries under Galaxy are given conservative valuations because they have an optimistic outlook, but they cannot make money in the short term.

More than 70 million US dollars, said that the flowers were spent, exchanged for Intel shares, and sent away Merrill Lynch staff, one of whom was a Merrill Lynch staff member, also tried to get Su Mu to sell Microsoft shares to them at a high price.

Last time, I used Microsoft shares as collateral to purchase the Empire State Building, and with the recent agreement with the Empire State Building United Company, the loan has been paid in a lump sum, with interest of more than two million US dollars, and the advice of the staff of Morgan Bank does not need to be replaced all for the time being, Su Mu is afraid of trouble, plus now I just have money, and I can take out a loan when I lack funds.

After sending these people away, Su Mu stayed in Mr. Senna's office, poured himself a small glass of whiskey, sat on the sofa and asked, "Senna, all these shares have been transferred to me, what are you going to do?

"You don't have to worry about me, how can I miss the opportunity to make money, the financial advisor will help me collect some outstanding shares today, which has dropped a little, and I only plan to invest two to three million dollars. ”

Senna was worried that Su Mu was addicted to insider trading, after all, compared with ordinary investment, the probability of making money through insider trading has increased a lot, and some people can make hundreds of millions of dollars at a time through transactions during the merger and acquisition period, so he joked:

"I've been tempted from time to time, and you know, I'm in the business of a business middleman, and occasionally people don't know which company they want to buy, but I've been informed in advance.

Like Raytheon, which is one of my biggest customers, in 1980 Raytheon Arms came through me to buy the Billy Aircraft Manufacturing Company, and if I had bought the Billy Aircraft Manufacturing Company myself, I could have made millions of dollars at least, but I didn't do that. In the end, it was proved that I was right, several colleagues were sent to prison because of inside information, Sue, I am good for you, and I will not do this kind of thing in the future. ”

Su Mu nodded and said: "Don't worry, this time I learned the news unexpectedly, it is safer, and I have investigated Intel through a consulting company a long time ago, and expressed my intention to invest in it, even if I am interviewed, I am sure that I will get out of it." Yesterday I ordered a private jet from Gulfstream Aerospace, the price is just too expensive, I hope to make a small amount of money from the small and medium, make up for my loss, and earn back the six million dollar deposit. ”

Mr. Senna shook his head with a smile, took a sip of whiskey, and took out his cigar from the drawer, "I know you're different from these Wall Street people, that's why you dare to buy Intel shares, don't care about securities managers, they are much slower than people think, many people on Wall Street have made a fortune on their stupidity, and really capable businessmen can even get through relationships, even if they know that they are insider trading, they will turn a blind eye, and those officials can also make profits." ”

"Figuring out how Wall Street works, if you have more connections and capital, there are too many opportunities to make money, and people often say that Wall Street is shearing the wool of the world and pumping money into the United States, which does make sense. ”

Su Mu felt and said.

Thinking so, Senna continued to speak: "After staying here for a while, you will find that some people make money very, very easily, there is no shortage of billionaires who can earn tens of millions of dollars or hundreds of millions of dollars through a single transaction, and there is no shortage of rich people who seem to be beautiful and suddenly go bankrupt and go bankrupt. I learned something from it, never put all my eggs in the same basket......"

Without bothering Senna any more, the acquisition of this part of Intel shares was stopped, waiting for AMD to sue Intel.

The other party still had something to do, so Su Mu left first and took a car to Greenwich to visit the real estate developed by the Empire State Building United Company.

After the rush hour, there was no previous congestion, according to the records on the data, I went around the Greenwich Village neighborhood and successfully found the development of the building, three apartment buildings have been capped, and the rest are still under construction.

Greenwich Village is very famous in Manhattan, painters, singers, sculptors and other people engaged in art, flock to gather here, although City Hall, Wall Street are located in the lower city, but the lower city of Manhattan still means underdeveloped, it is hard to imagine that even Manhattan Island, where every inch of land is expensive, there are many slums, Greenwich Village is not poor near it, but it is not much better.

Su Mu got out of the car and looked at the real estate under development, and said to Assistant Allen speechlessly: "Are those people in the United Company stupid, why are they developing residences here?"

There are no landscapes, no schools, I dare say there will be no supermarkets within three kilometers of the neighborhood, it is purely an art business district, except for those who set up shop nearby, who will live here, and those artists are mostly poor, and those who have money have long since moved to the Upper East Side. ”

"There are a lot of people who are engaged in art now, and in recent years, the housing prices in this neighborhood have risen rapidly, and I have a relative who has just changed his house in this neighborhood, otherwise I can persuade him to come to you to buy it." Assistant Alan replied solemnly.

After entering the construction site to check, they looked around again, passing by a real estate agency, and Su Mu also went in to inquire about the surrounding housing prices and rental prices.

According to the fat agent, since the 80s, countless young people and artists have flocked to Greenwich Village, resulting in a sharp rise in housing prices in the surrounding area, which is a good phenomenon, the situation is much better than Su Mu imagined, and when the house is completed, as long as it is promoted, the house can always be sold for a long time, and it is a big deal to rent it out.

Exchanged the Empire State Building for the shares of the United Company, and by the way, he also became a real estate developer, and unconsciously Su Mu had so many industries, but unfortunately he didn't know anything about the real estate development industry, and he didn't plan to object to using the company's shares to borrow money from the bank, and continue to develop this piece of real estate, so he had to give it a try.

In the United States, land is expensive, workers' wages are expensive, and building materials are also expensive, and the profit of real estate development is only about 10 to 20 percent, which is not really high.

Thinking that if this time failed, then next time he should oppose continuing to involve in the real estate development business, at this moment Su Mu walked to the door of a small gallery and saw a little girl sitting at the door in a daze, looking very cute, to his surprise, this little girl's eyes were actually purple......