Chapter 413: The Internet Economic Crisis Erupts!
After returning to the United States, Li Zetian immediately asked Dongfang Yuqin about the situation of the U.S. stock market.
"There are a lot of Internet listed companies on the NASDAQ whose stock prices have fallen?"
Dongfang Yuqin shook her head and said: "When I sold a small part of the shares, it was true that the stock prices of many Internet companies fell, but they rebounded after that. However, I speculate that the dot-com bubble may not last long. ”
Li Zetian nodded, relieved in his heart.
Right now, he still has a large number of shares on hand that have not been sold, and the value of those shares has shrunk significantly once the dot-com bubble bursts.
"Well, it seems that we have to speed up!" Li Zetian muttered, "However, we can't let the people feel that we don't have confidence in the Internet! During this period, we happened to be making acquisitions in Southeast Asia, and it was an excuse to sell our shares......
Dongfang Yuqin smiled: "Yes." ”
Li Zetian smiled and said: "Then let people let the wind out, saying that our acquisition plan still needs a lot of money, so we have to continue to sell stocks to cash out!!"
"Well, okay, then I'll arrange it!"
It's 1998, and in 2000, the Internet bubble burst, so the current Internet market is very hanging.
After dinner, Li Zetian rested a little and came to the study. There's a lot of stuff to deal with right now.
……
"Chronosli is really crazy, constantly buying Southeast Asian companies, and selling shares in Internet companies when there is no money!"
"Yes, Chronosli's stake in Microsoft, Galaxy Network, Yahoo, Amazon, TripAdvisor and other companies has been greatly reduced, resulting in the stock price of almost all Internet companies being affected during this time!"
"It's not going to be an Internet concept stock, is it?"
Senior investment experts on Wall Street said that this is just that Chronosli sells more stocks, which leads to the decline of most Internet stock prices, but this is only a temporary phenomenon, Wall Street and investors are still optimistic about the Internet, and it will not be long before Internet concept stocks will rebound!"
"Yes, I think a lot of experts and professors say the same thing. ”
"Now, the stock price of Internet companies has fallen a lot, so I'll hurry up and buy a little, and when it recovers, I'll make it!"
"Haha, the hero sees the same thing, I think so too!"
“……”
In fact, many experts and professors have received money from Dongfang Yuqin and advocated that the Internet situation is very good, so as to fool and paralyze those shareholders and investors.
By the end of 1998, Li Zetian had cashed out at least $400 billion!
Originally, Li Zetian roughly held 55 to 70 percent of the shares of listed companies, but now it has become 40 to 55 percent. This is still Li Zetian slowing down, so as not to cause an avalanche in the stock market, if he lets go of it, the speed of cashing out will inevitably be fast, and it is also very likely to directly lead to the bursting of the Internet bubble!
Soon it will be the New Year.
At the beginning of the year, Internet stock prices recovered, and they rose sharply.
Li Zetian continued to cash out his shares unhurriedly, and because he didn't sell much at once, it was just a little wave of the huge Nasdaq. In addition, people have become accustomed to Li Zetian's stock selling, and they no longer have fear. Right now, the Internet market is so good, stock prices have risen sharply, who doesn't want to buy more?
At this time, Time Warner learned that Li Zetian was cashing out AOL's shares, so he suddenly came to the door and said that he wanted to buy AOL.
"Mrli, since you don't plan to own AOL's shares, you might as well sell them to Time Warner!" Bill Robert, CEO of Time Warner, said to Li Zetian with a shrewd smile in his small eyes.
When Li Zetian heard this, he was overjoyed, even if the Internet bubble did not burst, but in the face of competition from Microsoft, Yahoo, Google, Amazon, Tencent and other companies, AOL was powerless. Mr. Li was planning to sell all of AOL's shares.
"It seems that your Time Warner can't make so much money, right?" Li Zetian said in a light tone, his face was impassive, so that the other party couldn't see his attitude.
Bill Robert nodded and admitted, "Yes, that's right. Time Warner is willing to trade for equity, if you will!"
Li Zetian pretended to be contemplative, but in fact, he was already happy in his heart.
After more than ten seconds, Li Zetian spoke: "Well, I thought about it for a while, the method you said is indeed feasible!"
"MRLI, since you agreed, let's discuss how to carry out the equity transaction. Bill Robert said.
"Okay!"
Li Zetian negotiated with Time Warner for a week, and Li Zetian was eager to get a stake in Time Warner so that he could buy it in the future, so it didn't matter if he gave up a little profit. Moreover, the Internet bubble is about to burst, and it is important to take the stake in Time Warner as soon as possible, so as not to have too many dreams at night.
Li Zetian also owns 51 percent of AOL's shares, and after the equity transfer, Li Zetian got 27.5 percent of Time Warner's shares, and is also the largest shareholder of Time Warner!
Looking at Bill Robert, who signed the contract and left happily, Li Zetian shook his head and smiled: "In a few months, I'm afraid I won't be happy......"
……
Soon, in a blink of an eye, more than two months have passed.
Among Microsoft, Galaxy Network, Yahoo, Amazon, Tripadvisor and other listed companies, Li Zetian only holds 20% of the shares, and the rest have cashed out, but he is still the largest shareholder of major listed companies. In total, he has cashed out $120 million, which is much more than he has made in the Asian financial crisis!
At this time, Li Zetian no longer wanted to continue to cash out, lest he have too few shares in his hand and lose the company's right to speak.
Immediately afterwards, he invited Tian Shuai, Zhang Yan, Bill Gates, Buffett and others to his home for dinner.
At the dinner table, Li Zetian said: "I must all know that I have recently sold a lot of shares of listed companies. I invited you over for dinner today to talk about this. In my opinion, the current bubble in the Internet industry is extremely serious, and I am afraid that it will burst in a short time. In the future, I will continue to cash out!"
Li Zetian glanced at them, and Tian Shuai and the others were all shocked!
Li Zetian suggested in a serious and sincere tone: "Here, I would like to give you a suggestion, in order to avoid risks, it is better to quietly cash out some of your shares!"
Zhang Yan frowned and said, "MRLI, are you sure that the Internet bubble will burst in a short period of time?
Li Zetian smiled and replied, "How can this be said accurately, but it gives me the feeling that it's going to be fast anyway!"
Li Zetian doesn't want to say too sure, in fact, even he doesn't know when the Internet bubble will burst, as for how they choose, it is up to them. Li Zetian saw that they were all his partners and friends, so he reminded them.
Everyone is thoughtful, in fact, everyone knows that the Internet bubble is serious, the market value of Galaxy Network has reached $680 billion, and the market value of Microsoft is not low, reaching $605 billion. Obviously, the market capitalization is inflated, and there is a huge difference between the company's own profitability!
……
Since February 10, the Nasdaq stock market has become turbulent.
Tian Shuai, Zhang Yan, Bill Gates and others listened to Li Zetian's persuasion and quietly sold their shares.
By early March, the Nasdaq Composite Index reached its peak and has since begun to decline slightly.
"Don't worry, it's just a correction in the stock market. "Market analysts and experts are in full swing.
As soon as the shareholders heard this, their confidence returned.
However, an avalanche has finally occurred for internet technology companies. On March 8, tens of billions of dollars of sell orders from the leaders of high-tech stocks such as Galaxy Network and Microsoft happened to appear on Monday morning, the first trading day after the weekend. As a result of the sale, the NASDAQ fell from 5038 to 4879 as soon as it opened, a full 4 percentage points down!
Li Zetian was cautious when cashing out his shares, trying to keep his sell orders below $5 billion at the same time.
Now, there are more than $10 billion in sell orders all of a sudden, which can't help but cause huge panic among stockholders.
The processing of bulk sell orders triggered a chain reaction of selling, and investors, funds and institutions began to liquidate one after another.
In just three days, the shares of Internet technology companies plummeted, and the Nasdaq composite index lost nearly 1,000 points.
Afterwards, Li Zetian learned that Tian Shuai, Zhang Yan, Bill Gates and others all sold a large order on March 8, and just on this morning, other shareholders also sold a lot of large orders, and the result added up to more than 10 billion US dollars.
In addition, Li Zetian has been selling shares before, obviously he has no confidence in the Internet.
Internet technology has collapsed, and it can't be pulled back!
Li Zetian couldn't help but smile bitterly, "If I hadn't asked Tian Shuai, Zhang Yan and others to sell their shares, the Internet bubble might have lasted for a while." It seems that the main culprit of the bursting of the Internet bubble is myself......"
However, Li Zetian looked back and thought that he had already cashed out anyway, so he didn't care about the flood.
At this moment, despite Li Zetian's frenzied acquisition of companies in Asia, he still has two or three trillion US dollars in cash reserves in his hands, which can be described as a veritable rich country!!
The collapse of the Soviet Union, the Asian financial crisis, and the Internet bubble have allowed Li Zetian to accumulate wealth at an incredible rate. It's just that I'm afraid it will be difficult to have such a good opportunity to make money in the future!
Now that you're so rich, it's time to do something big, like crazy, even cost-free climbing tech trees!
Li Zetian then began to make ambitious plans.
Tian Shuai, Zhang Yan, Bill Gates and others later came to Li Zetian's house one after another to thank him.
"MRLI, the Internet bubble really burst, if you hadn't reminded me, I'm afraid I would have lost tens of billions of dollars!!" Zhang Yan said excitedly, he holds nearly 5% of the shares of Galaxy Network, and according to the subverted market value of Galaxy Network, Zhang's shares are worth nearly $36 billion.
Li Zetian smiled and said, "How many shares have you cashed out?"
"I only cashed out 2.5 percent and left almost 2.5 percent of the shares. Zhang Yan said with a smile.
"At least $15 billion...... Mr. Li said.
Zhang Yan smiled and nodded: "$13.5 billion, the stock price has fallen later." ”
Tian Shuai and Zhang Yan came together, and Li Zetian turned his head to look at Tian Shuai.
Tian Shuai said: "I sold 3% of my shares and cashed out $16 billion!"
Li Zetian said with a smile: "Tian Shuai is still more courageous!"
Zhang Yan pouted and said, "It's not much worse......"
After a pause, Zhang Yan asked in a low voice: "MRLI, do you say that the market value of Galaxy Network can recover to more than 600 billion US dollars?"
Li Zetian thought for a moment and shook his head: "I'm afraid it's a little difficult......"
Zhang Yan said angrily: "If that's the case, I should sell more shares!"
Li Zetian hesitated for a moment and said: "The current market value of Galaxy Network has fallen from 6800 to 500 billion US dollars. I think it will continue to fall, even to $100 billion!"
"How could it be !!" Zhang Yan's mouth opened wide, with a look of disbelief.
"MRLI, are you guessing wrong?" Tian Shuai couldn't help frowning and said.
"I hope I'm wrong, too...... In short, the impact of the bursting of the Internet bubble this time is very serious!" Li Zetian couldn't help but sigh slightly when he said this, in the final analysis, he was the biggest victim. However, after the Internet winter, you can buy back these shares at a low price and make a lot of money.
In this case, the stock price fell more sharply.
Tian Shuai and Zhang Yan's faces changed, and they wondered if they would continue to sell their shares?
After the two had a meal at Li Zetian's house, they left.
……
The Asian financial crisis has just ended, and the Internet economic crisis is coming again, which is really embarrassing.
Almost every day now, an internet technology company goes bankrupt.
Time Warner is already crying without tears, and it has only been a few months since it acquired AOL, the stock price has collapsed, and the market value has shrunk by half!
Bill Robert made a phone call to Li Zetian and vomited bitterness.
Li Zetian also said that he was sad.
"Mr. Bill Robert, you don't know, the Internet concept stock avalanche, I have suffered serious losses now, at least ...... At least 500 billion dollars !!"
Bill Robert almost rolled his eyes when he heard this.
"MRLI, who doesn't know that you have already cashed out most of your shares before!Did you have expected the Internet economic crisis to come?!" Bill Robert asked curiously.
Li Zetian said: "I just know that the market value of Internet companies is generally inflated and the bubble is serious, and I have no other advantages, that is, I am not greedy." Seeing that the market value of these companies is so high, I was scared, so I chose to cash out early. I thought that after I cashed out, within two or three months, the Internet bubble burst! This is really lucky......
"Mrli, you're really a blessed person!" exclaimed Bill Robert.
"Well, yes, I think so too!" Li Zetian nodded, and said with emotion, thinking to himself, if there is no rebirth, there will be no current self, God is really not thin on me!