"Get out, I don't know you!" This metaphor is really terrifying, Chen Yu'an has no face to say that this product is his friend, even if you say that the sea bowl is big, it is okay to add a cut for Mao? Could it be that you are still the legendary Xiuse Party? I can't afford to provoke it, I can't afford to provoke it, I have to stay away from this kind of perversion.

After speaking, Chen Yu'an ran away, leaving Yu Jiangfeng stunned in place, unable to figure out what was wrong with what he had just said.

When I arrived at the computer room, I still came to the quietest corner, turned on the computer, logged in to QQ and email, and the reply from the "Sprout" publishing house still came, Fu Xing told him that his article had successfully passed the screening and would be published in the next issue of the magazine, and as for the next issue, he would focus on recommending his article about the summer camp competition.

In addition, he also won the qualification to go to the magic capital to participate in the third New Concept Essay Contest because of this new article, and the semi-final will be held in January 2001, so that Chen Yu'an can prepare in advance.

Chen Yu'an checked, the Spring Festival in 2001 came relatively early, January 23 is Chinese New Year's Eve, the organizer should have considered the time problem, specially arranged the rematch on the winter vacation, to avoid someone will miss the retest because there is no way to take leave.

So there are still more than three months and nearly four months to go? Well, you should have time to prepare, Chen Yu'an's preparation is not only to participate in the semi-finals, but more importantly, to use this opportunity to go out to the magic capital to get the first pot of gold.

Fu Xing replied to the email, telling him that he would arrive in the magic capital on time to participate in the semi-finals, and then opened the webpage, found those familiar forums, and tried to continue to get close to An Sifang.

"Hey, I didn't expect to encounter the bursting of the Internet bubble when I was about to graduate, and I am afraid that the hope of staying in the United States to find a job is gone. As soon as I came up, I saw Zhuo Zixu complaining about his misfortune, he is now studying at Stanford, and he is about to graduate, but he encountered the bursting of the Internet bubble.

On March 13 this year, a large number of billions of dollars of sell orders for high-tech stock leaders (such as Cisco, Microsoft, Dell, etc.) appeared in a concentrated manner, causing NASDAQ to fall from 5,038 points to 4,879 points as soon as it opened, and large-scale bulk sell orders continued to trigger a chain reaction of selling, and in just 6 days, NASDAQ lost nearly 900 points, and investors, funds and institutions began to liquidate.

Up to now, the NASDAQ index is only more than 2,000 points, almost halved, in such a situation, Internet companies have adopted a cautious response strategy, slowing down the pace of external recruitment, many of their own big bulls have suffered layoffs, like Zhuo Zixu has just graduated newcomers are more difficult to get a satisfactory job.

"Don't worry, I see, the Internet bubble is only a temporary thing, I believe it won't be long before the market will pick up again, it will take a while for you to graduate, don't worry, maybe when you graduate, the spring of the Internet will come back." Someone comforted.

There are also people who have a different attitude, "The Internet itself does not produce wealth, and it was only the enthusiasm of the capital market that created a huge bubble in the past, and now it is just returning to its proper state; I think you should prepare for it in advance and see if you can change your career." ”

Zhuo Zixu's heart was already very chaotic, and all kinds of messy opinions were even more confused at a glance, these people seemed to make sense, who should I listen to?

Chen Yu'an couldn't help laughing, as a reborn, he couldn't know more about the prospects of the Internet, and he had carefully studied this history when he started his business, and he was worried about how to gain Zhuo Zixu's trust, but he didn't expect to find an opportunity so soon.

Moving his fingers, sorting out his thoughts a little in his head, he quickly typed on the keyboard, " First of all, in 1998-1999, the United States ushered in a period of abundant liquidity with low interest rates, and people held a lot of cash in their hands and looked for investment channels. ”

Subsequently, in order to prevent the economy from overheating, in 1999-2000, interest rates were raised by the Federal Reserve by a factor of six, the currency floodgates were suddenly closed, and institutions and individuals accelerated the return of funds from the stock market, and those who pretended to swim became the first stranded. ”

In April 2000, the court announced that it had gathered evidence that Microsoft did have a monopolistic practice, that Microsoft was at risk of being broken up, and that the news of the possible fall of the tech giant had heightened the panic in technology stocks, and investors were dumping Internet stocks. ”

"With the disclosure of the annual reports and quarterly reports of listed companies in March 2000, people found that the performance of the Internet retail industry was very different from the previous expectations, and the business model that could make money after it became bigger began to be questioned, and people wondered whether the money invested before was lost in the sea. ”

In addition, many Internet companies were listed in the second half of 1999, and the trading volume was relatively small during the six-month freeze period, but with the arrival of the six-month lifting period in the first half of 2000, the sell-off of technology stocks also came. ”

"Under the effect of many negative news, the market's confidence in Internet companies has been shaken, which led to the bursting of the Internet bubble. These are the essence of the research of many experts in later generations, and Chen Yu'an threw it out at this time, which can definitely suppress a large number of people.

Sure enough, after Zhuo Zixu saw it, he couldn't help but ask, "So, do you think the future of the Internet is not bright?

"On the contrary, in fact, I think that the bursting of the Internet bubble at this time is not entirely a bad thing; after witnessing the bursting of the bubble, investors will be more rational in their choices, and those Internet companies can also calm down and seriously look for more reasonable business models, some companies with imperfect business models will collapse in large numbers, and the companies that survived the bursting of the bubble will gradually grow into later Internet giants, completely changing our lives. Chen Yu'an still expects him to help himself in this industry, how can he be willing to let him change careers?

Although many Internet companies have experienced a decline in performance and stock decline, half a year has passed since March, and no company has collapsed, so most of them should be able to survive it, right?" Some optimistic netizens did not agree with Chen Yu'an's view.