Chapter 382: Falling and Falling!!

In the past week, U.S. stocks have shrunk by $2.6 trillion, and countless people have lost their money. Seeing that the situation in the stock market is getting worse and worse, the US government has to bail out the market, or the stock market will collapse. At the end of the week, the U.S. government poured a lot of money into the stock market to boost investor confidence. However, after the market reopened on September 17, panic selling was still unavoidable, and major stock indexes continued to fall to their lowest point in three years.

And the plunge of Internet companies is even more stunning.

A week later, Cisco's market value dropped from more than $500 billion to $310 billion, and $190 billion had evaporated!

ICQ's market capitalization has dropped from $350 billion to $160 billion, evaporating $190 billion!

Isearch's market capitalization has dropped from $280 billion to $120 billion, evaporating $160 billion!

……

There are only a handful of Internet companies with more than 100 billion dollars. A senior Wall Street analyst said, "The stock market crash can be seen as the bursting of the Internet bubble! The market value of other companies is also falling, but it has not fallen so hard!"

Experts said: "Since 1992, the Internet has flourished, and global capital has been optimistic about Internet companies, and then invested huge sums of money into it, and under the coaxing of capital power, the Internet bubble has formed." Previously, the dot-com bubble didn't burst because people didn't want stocks to fall. This time, however, the occurrence of the 911 incident caused the stock market to plummet, and the Internet bubble could no longer hold on, and finally erupted like an avalanche! The stocks of Cisco, ICQ, Isearch, and other companies plummeted one after another, and in this week, nearly two-thirds of the wealth evaporated in the US stock market belonged to Internet companies!

At this time, at the same time as the Internet stocks plummeted, people suddenly shouted, a few months ago, Henry Williams suddenly cashed out a large amount of money, is this not a sign? Could it be that Henry Williams has long realized that the Internet bubble will burst?!!

For a time, countless reporters flocked to the Williams estate. Soon, hundreds of reporters gathered outside the estate.

Henry knew that this issue had to be interviewed, otherwise, there would be more speculation in people's minds, and even suspicion that Henry had something to do with 911. Of course, no one has yet linked the events of 911 to Henry. Therefore, Henry, wearing a mask, gave an interview.

Henry invited reporters into the manor, and the reporters looked surprised, holding cameras and taking pictures along the way.

Ten minutes later, the driver took them to a large gymnasium.

After the invited reporters arrived and were ready, Henry took the stage for an interview.

Henry first said briefly: "After the 911 incident, shareholders panicked and sold their shares one after another, which in turn led to a sharp drop in the stock market, and Internet companies even plummeted! The reason why we hold this press conference today is because everyone knows that I have been cashing out my funds since May, do you know that the Internet bubble will burst? My answer is -- Yes, I know !!

As soon as the words fell, the audience was in an uproar and began to discuss.

"Quiet !!," Henry shouted through the microphone, "Actually, the Internet bubble is very obvious, and many people can see it, but they still have a fluke mentality, thinking that the stock will go up! I have been in the Internet industry for more than ten years, and I can say that no one knows the Internet better than me." From the establishment of Cisco to the Nicholas Group of Companies, and then now, every step I take, I have a deeper understanding of the Internet! Since last year, I have felt that the Internet bubble could burst at any time. Actually, I'm also greedy, and I also think that stocks will go up. Before I was hit by a bomb, I had been taking this kind of luck. ”

Henry paused and said, "However, when I came back from hell, my whole life values changed a little, human life is so fragile and short, we should cherish the moment, cherish every minute and every second of our life." You don't have to make a lot of money, it's good to have enough, the key is to be happy. And greed is never satisfied. So, I decided to cash out the funds!"

Bang Bang Bang!

The ABC reporter asked, "Excuse me, Mr. Williams, when do you think the collapse of Internet concept stocks will end?"

Henry shook his head and said, "I don't know about this." ”

A CNN reporter asked, "Mr. Williams, what do you think the normal market capitalization of Internet companies would be?"

"Well, it mainly depends on the development of the company, a market value of one or two hundred billion dollars or tens of billions of dollars, billions of dollars, I think it's normal. ”

"Mr. Williams, judging from the current situation, the Internet company under your name is still plummeting, and I am afraid that even Isearch may fall below the market value of 100 billion dollars next week!"

Henry nodded, "Yes, after the bubble wears off, there will be a long recovery time!"

……

The reporter's interview lasted nearly an hour.

Henry's fabrication of a lie that he had experienced life and death and had come to his senses and decided to cash out of the stock market also seems to have some credibility. Besides, for the Internet bubble, countless senior analysts said that they all know that the Internet has a bubble, but they don't know when it will burst. ICQ's annual profit is less than $5 billion, but its market capitalization is as high as $350 billion, which is very unusual. Very few Internet companies are able to make a profit, and most of them are losing money, but the market value of some companies is as high as billions or even tens of billions of dollars. People who are not greedy will naturally cash out early, so as not to be anxious all day long.

The news of Henry's interview soon appeared in the newspapers, and people could only admire Henry's vision once again.

What else can people do but envy, envy and hatred? Who told people to have a good eye and cash out early? However, the media then said that in fact, Henry was the one who lost the most in this stock market crash! He held 50.1 percent of the shares of the vast majority of companies, and his stock plummeted, and his worth fell, almost evaporating his worth of $500 billion. And over time, it's even more than 500 billion!

In this way, the shareholders felt a little better, and their losses were less than half of Henry Williams's dime.

Henry now has nothing to do every day, so he keeps an eye on stocks.

Let's fall, continue to fall, the worse the fall, the better, so that it is easy to acquire!!

The last time AOL bought Global Online, Henry didn't care much about the portal, but Twitter was also sold. This time, Henry wants to buy it back, and he buys it back at the "cabbage price". Before the smartphone was developed, Twitter's potential was not realized. Twitter is in the hands of AOL, it's a waste!

This time, the Internet bubble broke out, AOL was miserable, he has always been in the second position, he doesn't make much money, but the stall is very big. As we all know, Internet companies mainly rely on advertising to make money, and for a long time after the bursting of the Internet bubble, the advertising price almost became the "cabbage price", and many Internet companies have gone bankrupt. AOL will definitely suffer huge losses and will definitely face a financial crisis!

With $400 billion in his hand, Henry's self-confidence is bursting!!

(To be continued.) )