Chapter 342 Merger
(I was called to have a cup of tea, the old rules, the spring and autumn penmanship)
On behalf of the Chinese in the United States, Su Mu had a meal with the old gentleman as a patriotic investor.
said that it was a dinner, mainly chatting, and the content was nothing more than the living conditions of Chinese Americans, the social and cultural atmosphere of the United States, etc., Su Mu expressed some opinions, and the atmosphere was quite harmonious.
The next day, he set off for Hangzhou to inspect the daily necessities production and processing factory with Zhou Wei, where there was a special warehouse for the antiques bought by the experts hired by Sumu, and so far he had spent more than 30 million yuan to fill an entire room.
Most of these things can't be taken out of the country, and Su Mu has no intention of taking them away, he plans to build a private museum in the future, collect some tickets to make some money, and if the future is miserable, he can sell some of the money back, and the right is to invest.
When eating outside the building, I accidentally received a call from Lily, saying that the baby's head hit the table, and the skin was broken and bleeding, although she said that it was no big deal, but Su Mu was still distressed, Zhou Wei managed the company very well, and there was nothing to do here, so he simply asked people to help arrange the route, and flew back again, and went back directly to Silicon Valley.
……
Before the end of the first quarter of 1991, the NASDAQ market suddenly rose sharply again, and Su Mu's worth has increased by $700 million since the beginning of this year because of stocks, a figure that even he feels terrible.
As long as it is related to the IT industry, especially the Internet concept stocks, the recent green and red are less, rising sharply, but the decline is always a small decline, the stock market downturn has lasted for more than ten years, because the rise of the IT industry has once again ignited the enthusiasm of investors.
Judging from all indications, it is still just the beginning, Gates has been cashing out regularly, and Su Mu has not sold even one share of shares since the three companies went public, and he feels that the current situation is far from crazy, and the Nasdaq index is only more than 1,800 points.
Things developed beyond Su Mu's expectations, from 1,800 to 1,900 points, it took only 27 days, and from 1,900 to 2,000 points, it took only nine days.
Shortly after the end of the first quarter, except for Penguin Computer Company, OO and Bee's performance statements were negative, the former lost more than $11 million in the first quarter, and the latter lost more than $9 million, but this did not affect the enthusiasm of investors in the slightest, and in just over 30 days after returning from Huaxia, Su Mu made more than $500 million in book wealth because of the stock market, and his worth successfully exceeded the $4 billion mark, and he was rushing towards $5 billion.
The reason starts with Cisco, stimulated by the huge economic prospects, Cisco has developed a new generation of network transmission technology, which also uses telephone lines for data transmission, and the transmission speed has increased from 56KB per second to about 120KB per second.
With this new technology that has passed the test of practice being favored by communication operators, Cisco's stock price has skyrocketed, and the entire industry has been driven to achieve a leap forward, just as Sumu conceived the hypertext link technology at the beginning.
120KB per second, which means that the data transfer speed is more than twice as fast as before, which will greatly improve the user experience of netizens, which is a good thing for the entire IT industry.
He still remembered that Qian Hellberg reminded him to invest in this company last year, and later sent someone to investigate, and the performance was indeed very good, but unfortunately Su Mu was short of money in his hand, and he wanted to wait and see, but then he forgot about it, but he never thought that Cisco's stock price had more than doubled in the past week! Before, as long as $150 million, he could get 34 percent of Cisco's shares, but now the shares are worth more than $600 million, and it is very likely that they will rise again!
Stimulated by multiple good news, Penguin's market capitalization on the NASDAQ stock exchange reached $1.4 billion, Bee's market value also exceeded 1 billion, and the OO browser, which is bundled with Microsoft's indos operating system, has a market value of about $2.1 billion!
It seems that he went crazy all of a sudden, so crazy that he was even a little inexplicable, Su Mu was sad to miss a potential stock, and he only blamed his child for being born at that time, and he didn't care about these business things.
In April, the frenzy of the Nasdaq market continued, and more investors flocked to the Nasdaq market knowing that there was money to be made, hoping to take a ride and make a fortune, and the vast majority of them made money as they wished.
The White House, represented by Bush Sr., has played an important role in this IT stock boom, and in his speech in the past month, he mentioned a total of seven times of "developing the Internet industry," as if he was urgently fulfilling the "3 million jobs pledge" on the day he was elected.
On the same day that the bill was passed, Lockheed and Martin Marietta jointly announced an imminent merger, as did Times Group and Warner Online, which, according to the official version, was to take care of companies that had been badly damaged by the economic crisis of the eighties and were about to fall into financial crisis.
Everything is moving in the direction of Sumu's favor, Galaxy can get financial subsidies, Penguin's corporate tax is reduced by about 30%, prompting a new round of stock market rally to arrive, and in this context, Sumu has the idea of Apple.
Recently, the vast majority of IT stocks have benefited, with a few exceptions, such as Apple, which is about to fall below 10 percent in market share recently, and its market capitalization has fallen from more than $3 billion at its peak to just over $1.7 billion.
The gap between Penguin's market share and Apple's has narrowed to 3.4 percentage points, and according to Sumu's estimates, this round of upward growth will last at least eight months to a year, until Cisco's technology is really put into use, the Internet speed will increase, Internet users will also rise, and the sales of personal computers will increase significantly, and the merger of this company will be beneficial to Sumu.
With the idea of trying, let the newly pregnant Black go to contact Apple's CEO, I thought that the possibility of refusal was relatively high, but I didn't expect Apple CEO Mr. John Scully to express his willingness to consider, and let Penguin give a detailed merger plan, today Su Mu received news that Apple's board of directors has passed a vote, and the shareholders who are willing to promote the merger of the two companies account for the majority, which is so fast that he feels incredible.
Penguin computer company development momentum is strong, while Apple is in a recession curse, market share has fallen again and again, no new technology has appeared, so that the company's shareholders have lost confidence, some people have been trapped in Apple shares for several years, and it is reasonable to agree to merge, Apple in this era is still just a second-rate computer manufacturing company that has lost its upward momentum......