Chapter 20 Buy Jinshan! Jia Lei bounced and "went bankrupt"!
The little box invented by the Lerners was called a router, and this little box could connect each computer together through a telephone line, and through the processing of this small box, information could be exchanged with each other through the telephone line. This is really a great invention! You know, before this invention, everyone had to type a file on a computer and burn it to a disc before giving it to another person, and the other person who received the file had to put the disc into the computer to see the file.
In the past, we had to run upstairs and downstairs several times every time we delivered a document, but now with this kind of computer network, the finished documents can be directly transmitted to others on the computer, and because of this network, we have to climb many fewer stairs a day. It's so convenient to not have to walk or engrave CDs, and now the largest universities in country M have installed this kind of network on campus, and we have also installed a network at Citibank headquarters. Pete proudly said that in 1990, only a few universities and a few large companies in country M could set up a local area network within the company.
It turned out that there was no network before 1990, and in 1990, the LAN had just entered the society from the laboratory!
"Smack!" Jia Lei let go of the company profile in his hand and fell to the ground!
"What router is clearly a server! No wonder I think this trademark is familiar, CISCO - Cisco! I have clearly seen the English letters on this trademark on the imported server in the computer room of the university school! How is the trademark on it different? Probably time is the ghost again! It seems that this trademark has also changed, Cisco's server is a valuable item worth millions of dollars, the dream of all IT men!" Jia Lei shouted out in shock, fortunately, because he was so shocked that he instinctively spoke Chinese!
Neither Pete nor Novan knew Chinese, so they didn't take Jia Lei's astonishing words to heart.
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"You just said that the founder of this company invented the server...... Is it a router? In other words, does the patent for this router belong to this company?" asked Jia Lei dryly.
Not exactly, because of the invention that the Lerners invented while working at Stanford University, which fought a lawsuit with them and finally won nearly 4 percent of the patent ownership. The company wants to pay three percent of its total revenue to Stanford University every year as a patent fee!" Novan explained to Jia Lei in detail.
"Three percent is nothing. It's a gold mine...... No! it's a diamond mine...... No, it should be a gold mountain that can never be dug up! CISCO San Francisco!
Huawei's market capitalization is known as the No. 1 in China, and Cisco eats all countries by virtue of patent rights! Hahaha! I'm rich! I'm rich!" Jia Lei excitedly spun around on the ground holding the documents. (Chinese)
"Novan, I remember you said that the Lernes wanted to sell their stocks, right?" asked Jia Lei after finally stopping.
"Yes, Mrs. Lerner has sold the stock, and Mr. Lerner is about to sell it!" replied Novan.
"You don't know how hateful those capitalists are, they took nearly one-third of Cisco's equity for $2.5 million three years ago, that's a full 29%!" Pete replied.
"2.5 million dollars can buy 29% of the shares!? Pete Microsoft shares I won't buy! I'm going to use all the money to buy this company's shares, and if I have any money left, I'll buy Microsoft." Jia Lei was surprised and said that this price is cheaper than the price of cabbage, and it is obviously a free price!
"Boss, why are you doing this? Microsoft's annual revenue is much higher than that of this small, unknown company?" asked Pete.
"Because I want to be a director! I see that for the same $100 million, I can't even buy five percent of Microsoft's shares, and the stock price of this small company is much cheaper than Microsoft's, I can probably buy more than ten percent!" Jia Lei said happily.
The matter went well, and Mr. Lerner, persuaded by Mrs. Lerner, did not hesitate to sell all the shares in his possession. Jia Lei spent $85 million to buy 17.1% of Cisco's stock.
In less than 3 years, Cisco's stock price has exploded nearly 60 times, and Jia Lei is not only intimidated by the soaring stock price, but is very happy!
He had a hunch that this would be a stock that far surpassed Microsoft!
Since Cisco and the Internet have not yet been taken seriously by the world, Jia Lei's acquisition this time has not been stopped by the government of country M!
Because Cisco's new shareholder is a company called "Three Stones" in country M, the government of country M does not care about the acquisition between its own companies.
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"I heard that Pfizer's performance is good! I want to become his shareholder, help me buy 20 million US dollars in stock!" Jia Lei secretly found Pete that day and said.
"Pfizer?boss's patent rights are about to expire, what do you want to buy his shares for?" asked Pete.
"What are you afraid of when the patent property expires soon? As long as there is viagra in Pfizer, it is a money printing machine!" Jia Lei said.
"Who is Viagra? Pfizer technician?" asked Pete.
"Well...... "Damn! Viagra hasn't been on the market yet? Why did I want to go to a teacher college in my last life, if I go to study medicine, can I apply for Viagra as my own patent before Pfizer!" Jia Lei's inner villain was pounding the ground and crying.
"Why are you asking so much? I'm the boss, I say buy it!" Jia Lei said pretending to be angry.
Is he going to tell Pete that he wants to take Viagra?
"I'm afraid I won't be able to buy ...... of Boss stock," Pitt said.
"Why can't I buy any stocks? I can't buy any stocks, what do I want you to do? Three days! I'll give you three days! If I can't see Pfizer stock, I'll fire you. Jia Lei threatened Pete and said.
"Ethan, let's go! I have asked His Royal Highness Prince Waleed to go to Hawaii today to make a yacht and go to sea! His Royal Highness the Prince decided to organize a yacht team to lead everyone out to sea and fish. After Jia Lei finished speaking, he took Ethan to make his own red Ferrari sports car.
"Boss, listen to me explain that Pfizer really can't buy it, it's a family business! It's a privately owned company and it's not listed...... All of their company's shares are in the hands of the heirs of the two founders' families, and there are no shareholders at all except the options in the hands of the CEO...... Boss, listen to me, don't go!" shouted Pete in vain after the car.
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Blue sea, blue sky, Hawaii.
Jia Lei and Prince Waleed were lying leisurely on the yacht basking in the sun, and a beautiful woman held a fresh coconut and handed the straw to Jia Lei's mouth, and Jia Lei took a sip of it.
"Today's weather is good, the sun is shining, the water is clear, why don't we go diving!" Jia Lei suggested, knowing that the marine pollution in the 90s was not serious, and the sea surface was full of colorful coral reefs.
"No, I'm going to stay here to fish, don't forget that we made a bet today, whoever catches less fish will pour ice cubes!" said Prince Waleed, who debunked Jia Lei's little calculation.
"Oh, you can't do this, I'm still a child!" Jia Lei said shamelessly.
"Well, then I can give up this request and make another request! What do you think of the two islands ahead?" asked Prince Walid.
"It's beautiful, it's nice, the beach is white, the coastline is beautiful, and the vegetation on the island is very dense. Jia Lei praised.
"I think so too, so I'm going to buy the big island, and the small island next to it is for you! How about we be neighbors?" asked His Royal Highness the Prince.
"Buy the island! this ...... Isn't this a bit exaggerated?" Jia Lei asked, swallowing at the foam.
"Exaggerated, an island is not too expensive! It's only tens of millions of dollars. His Royal Highness said unconcernedly.
Jia Lei looked at the island in front of him with a golden light and wanted to buy it, but considering his financial situation, Jia Lei decided to give up.
"My Royal Highness, dear prince, I am different from you, I don't need such an island, I think it is better to do as originally discussed! I will buy myself a yacht! I can fish and play cards on the yacht, and the feeling of going out to sea to blow the wind is really good, and driving my own yacht to sea and eating sashimi made of my own fish are exceptionally delicious, and the key is that I can drive the yacht around, but this charming island can only stop there and not move. Jia Lei said.
"In that case, I won't force it, I'll let them keep that island for you as much as possible, and we can still be neighbors when you want to buy it. Prince Waleed said.
"Your Royal Highness the Prince, since this is the case, you should recommend a yacht to me first!" Jia Lei said that for a man, sports cars and yachts are always the most favorite wives.
"Luxury yachts are the best toys on the sea, with which you can take beautiful women and friends out to sea to blow the wind, fish and dive at will. The prince said.
"In general, the price of a luxury yacht is $6.75 million, and the annual maintenance cost is $1 million. Buying luxury yachts in some coastal cities in country M is almost a favorite of the rich, with yachts more than 120 meters costing between $5 million and $7 million. His Royal Highness the Prince said.
"$7 million! That's a price I'm comfortable with. Jia Lei nodded and said, he can't afford tens of millions of islands, but he still wants to buy a yacht.
"My brother, you are so naïve, do you think that a yacht costs only seven million dollars? If you have a yacht, someone has to drive it, and it costs about $150,000 a year to hire a captain on a yacht, $55,000 for a cook on board, and $35,000 for a waiter on board. The most important thing is that the annual maintenance fee of the yacht is millions of dollars!" His Royal Highness the Prince said to Jia Lei.
"If you calculate the annual cost of the yacht, it will add up to about 1.5 million US dollars, so won't I have to spend more than 8 million?" Jia Lei said in surprise.
"More than 8 million is not enough! Why do you have to walk around the sea so many times a year when you buy a yacht, but the yacht costs $300,000 a year for insurance, $240,000 for docking, and $180,000 for fuel. His Royal Highness the Prince continued to settle accounts for Jia Lei, and Jia Lei was so surprised that he couldn't even speak.
"I think the luxury yacht is too big, why don't I change to a medium-sized yacht, it should be cheaper!" Jia Lei thought for a while and said.
"Whatever you and my brother are, in terms of size, a small yacht is indeed more suitable!" the prince said with a smile as he looked at Jia Lei, who was less than one and a half meters tall.
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"I'm sorry sir, there seems to be something wrong with your check, can you communicate with your bank?" In the VIP reception hall of the yacht company, the manager cautiously came in with Jia Lei's check.
"What's wrong with the check? Could it be that I have filled in the wrong number?" Jia Lei said suspiciously.
And ...... No, we have checked the balance of your account with your bank...... No, your check has bounced!" the manager whispered.
"What are you kidding if you don't have enough money in your account, my brother is a billionaire!" said Prince Waleed.
"I must have made a mistake! I'm a shareholder of Citibank, how can the balance in my account be insufficient?" Jia Lei said in disbelief.
"But we've checked it three times, and the bank's answer to us is that the balance is insufficient!" the manager whispered.
"You wait, I'll call Citibank!" Jia Lei said with a frown, and then he picked up the phone in the VIP reception room and called Citibank headquarters.
****
"Pete, check it out for me right away, what's going on with my bank account? I bought a yacht out today, but the guy from the yacht company took my check to our bank to verify it and got a reply that the balance was insufficient. Jia Lei said to Pete.
"Wait a minute, boss, I'll check it out for you right away. Pete said quickly.
After ten minutes of waiting, Pete's call finally came!
"Oh, the boss is bad, something is wrong!!You're out of money, you're going to go bankrupt!" Pete shouted in a panic from the other side.
"How is it possible, I just earned $300 million in a Citibank account! How can I go bankrupt?" Jia Lei jumped up and asked.
"But boss, have you forgotten that your money has been spent lately! Pete quickly replied.
"Even if I spend money to buy stocks, I can't go bankrupt, right? Is it so difficult that I don't have a dime in my account now? I still have more than 20 million when I leave!" Jia Lei asked aggressively.
"All that money was used by me to buy shares in Microsoft! It's not like you don't have a dime, but you have more than two million dollars left in your account right now, and I'm going to warn you now. Don't write a cash check for more than $2 million! Otherwise, you'll bounce the check! Then you'll be sued in court!" Pete said nervously, Jia Lei subconsciously glanced at the check in the hand of the yacht company manager.
A mid-sized yacht will cost at least $3 million, so what the manager said is true!
"It's inconvenient for me to talk here, we'll talk about it later!" Jia Lei looked at the manager's suspicious gaze and quickly hung up the phone.
"My account is indeed abnormal, and now I have to go back to deal with it! Jia Lei hurriedly said that the manager had to return the check to Jia Lei.
****
"What the hell is wrong with you, my brother?" asked Prince Waleed, in his car.
"I don't know, but my account manager said I was going bankrupt! Jia Lei said irritably.
"Two million dollars! Oh my God! You're bankrupt, how can this be? Didn't you just give Citi the $200 million you regularly invested?" asked His Royal Highness, for a billionaire there is only 2 million left in his account, which is the same as bankruptcy!
"Damn Citibank! You're right, they've gotten all my money up. I should have sold his stock to invest in another company! I spent 200 million on them!" Jia Lei said angrily.
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(The author has always thought that the money that the protagonist can never spend is as funny as the pistol with infinite bullets in the movie!