Chapter 74: Firm Determination (Asking for Recommendation Votes)
Beverly Hills, the door to a small cottage.
Wilson, the owner of the villa, opened the mailbox, took out a few letters, walked back as he read them, and after entering the living room, he picked out one of them and read it carefully.
Here's the latest Nasdaq analysis this morning.
Three days ago, a friend introduced an investment manager from Merrill Lynch, who came to visit him and talked about the NASDAQ and Internet stocks, and he was quite speculative.
To be more precise, he and the investment manager share the same view that the Nasdaq has a bright future in the next few years.
After that, the investment manager would send the latest stock market details every day.
Seeing the speed at which several high-quality Internet stocks are rising every day, Wilson has a feeling of heartache.
Originally, all the liquidity in his hands was invested in the NASDAQ stock market, but thinking that he still had some spare energy, he couldn't help but regret it.
It's time to throw more money into it.
The phone rang, Wilson answered, and a somewhat familiar voice rang through the receiver.
"Hello, Mr. Wilson, I'm Scott, have you received the materials delivered this morning?"
Wilson looked down and said, "Roger." ”
The service of the other party is very attentive.
The voice said, "If you need anything, you can contact me at any time." ”
Wilson nodded slightly, "I see." ”
He has his own investment advisor, but that investment advisor doesn't feel as good as this Scott in terms of professional ability and analysis of the NASDAQ.
There are also gaps in service.
Hanging up the phone and looking at the market analysis on the data and the latest developments in star stocks, Wilson felt that he could not hesitate any longer.
If you hesitate, you will miss the best opportunity.
In the afternoon, the stock market had just closed, and the investment manager, Scott, came to visit again.
Wilson is well aware that this Scott is interested in his wealthy status and investment ability, but this investment itself is to take what you need.
Moreover, Scott's analysis of the NASDAQ is indeed very professional.
As in the previous meeting, the two talked happily until the evening.
When Scott said goodbye and left, he deliberately said, "Mr. Wilson, do you know Julian Robertson?"
Wilson is not a rookie who has just entered the stock market, of course, he has heard of this financial investment master, nodded and said: "The founder and manager of the Tiger Fund." ”
"I just got the news that just last week, Julian Robertson sold his Tiger Fund holdings in traditional industrial companies and bought shares in a large number of Internet companies," Scott said solemnly. ”
"How is this possible?" Wilson was rather shocked.
Julian Robertson has long been talking about a Nasdaq internet bubble and has even lashed out at internet stocks on television, and his Tiger Fund has bought a lot of shares in traditional industrial companies.
Scott added: "The news has just spread, you can check it on the Internet. ”
Thinking that Ronan was just asking him to influence Wilson from the side and strengthen his confidence in investing in the NASDAQ, he didn't say anything more and left.
Wilson sent the guests away, and when he came back, he checked on the Internet, and Scott was right, even the most famous anti-Internet stock activists in the investment world have thrown themselves into the arms of Internet stocks.
The market outlook is very good, even if there is a problem, it is estimated that it will take a few years, and there will definitely be someone else to take over.
Wilson picked up the phone and dialed two numbers one after the other.
"Parker, let's meet tonight. ”
"Neil, I've made an appointment with Parker, see you at the old café in an hour. ”
Within an hour, the three of them had gathered in an old-fashioned café.
"Did you hear that?" Wilson didn't talk nonsense, "Julian Robertson ditched traditional industrial stocks and threw himself into the arms of Internet stocks. ”
Neil, who was younger than Wilson, asked, "As for the helm of Tiger Fund, the investment bigwig?"
"It's him. Parker took a sip of his coffee: "He used to be a staunch anti-Internet stock fighter, how did he suddenly change?"
Wilson snorted and said, "Why else? Because Internet stocks are profitable! And the benefits are huge." ”
The other two thought about it, and couldn't find any other reasonable explanation other than this answer.
Parker sighed and said, "We can't wait any longer. ”
Wilson nodded heavily: "The stocks I bought before have risen a lot, and if we had been decisive last year, the profit would have been more than that." ”
Neil frowned, "Do you really want to do this?"
Wilson continued: "It has been 10 years since we took over the Embassy Pictures in the late 80s, and the profits we have made in the past 10 years have only been much? ”
Parker echoed: "Although financial securities are risky, the situation on the NASDAQ is not a problem to maintain for a few years. At that time, we have more funds in our hands, and we can return to the industrial industry. ”
Neil closed his eyes, in the past year, he has really heard more and seen more and worked hard to do business for ten years, it is better to speculate on Internet stocks for a year.
Wilson thought that even Julian Robertson had switched to the Internet stock market, and said, "There aren't many opportunities like this." ”
He emphasized: "The most valuable thing in our hands is the stake in Embassy Pictures, but the profit of this stake is too poor, and according to the bank's assessment, if you take out a mortgage, you will get too little loan." The biggest value of the distribution company is still in Hollywood, and it just so happens that there are people who are willing to take over now. ”
"You mean the Sand Sea Entertainment that we've been in contact with?" Parker asked.
Wilson nodded: "Shahai Entertainment's last movie was a big success, and I want to get involved in the distribution industry." ”
Neil also made a decision: "We continue to engage with Shahai Entertainment if they make the right bid......"
Wilson is quite confident: "There are not many companies like ours that have a complete distribution system. ”
Embassy Pictures' distribution system is unquestionable about buying low-budget films from overseas at low prices, then showing them in North America and distributing them on videotapes.
This is also the source of Wilson's self-confidence.
Also on this night, Ronan made an appointment to meet with Garcia, the management representative of Embassy Pictures.
"It's not management that really decides the fate of a company, Mr. Anderson. Garcia is a middle-aged Latino with a very ordinary appearance: "If you've been in contact with the major shareholders, you must know that they own 90 percent of the shares." ”
Ronan said with a smile: "I hope that the management will not oppose the acquisition of Shahai Entertainment. ”
The management of Embassy Pictures holds 10 percent of the shares, and it will be very troublesome if they collectively oppose the acquisition by Shahai Entertainment.
Garcia didn't speak.
"Embassy Pictures' existing business is to buy films from overseas at low prices and then distribute them in North America. Ronan wasn't in a hurry either, and continued, "Right?"
Garcia nodded: "This can effectively avoid risks." ”
Ronan first agreed: "There are too many film companies or directors in overseas countries who want to break into the world's No. 1 film market, and they do not hesitate to sell the North American rights at the price of cabbage. ”
Garcia did not deny it: "Mr. Anderson knows a lot. ”
Ronan then asked rhetorically: "How much profit can be made by this model? There is no chance of releasing large, medium, and large films at all! Garcia, as far as I know, you have been in Hollywood for more than 15 years, and you have been engaged in film distribution for five years, have you never thought of releasing films with a cost of more than 10 million dollars? Don't you want to create a box office miracle of 100 million yuan?"
"Anyone in the distribution business would feel that way, and I'm no exception. Garcia was quite composed: "But thinking is different from doing." ”
Ronan said calmly: "Shahai Entertainment has sufficient financial support. Two films are currently in production with a combined budget of $40 million, one of which is a new work by director James Wong, who created the box office miracle of "Project Human Eradication." These two films will enter the distribution process in a year at most. ”
"In the future, Shahai Entertainment will produce films with greater investment, and even get involved in top productions with a cost of more than 100 million. ”
Garcia was a little moved, but didn't answer.
Ronan knew that the future and ideals alone were not enough, and the management of Embassy Pictures must have concerns.