Su Jingzhen didn't know at this time that his father had given up the idea of competing with him in the ability to make money, he was now in a small apartment, studying the prospectus of Netscape with Joanna and Michelle, yes, Netscape had officially started a six-month initial public offering.

"This is semi-public, how can there be two different prospectuses?" Su Jingzhen had never been in contact with public offerings, and looked at the prospectus placed in front of him, a little surprised.

"One is the official prospectus of Netscape during the roadshow, and this is Citi's internal distribution, so the price will be lower, but it will not be too low. Michelle sat on the couch and replied a little lazily.

"Oh, I'll see how much cheaper it can be. Su Jingzhen heard that the price of internal distribution can be reduced, doesn't this mean that he can make more money?

"Don't look at it, it's fifty cents. Joanna flipped through another prospectus, the one from a normal roadshow, and looked at the results announced by Netscape and the prospects for the future.

"Hey, you're right, it's thirteen.five dollars. Michelle smiled, her face full of mockery.

"Huh, you seem to be very expert, huh?" Su Jingzhen flipped through the prospectus and found that the offer price in it was indeed the same as Michelle said, so he looked back at Michelle and wanted to get an answer.

"Generally, according to the distribution agreement of the investment bank, the value of a stock with a price of ten dollars will be about 50% to 20% of the value for publicity and promotion, and its public offering price is 14 dollars.

According to the lowest distribution price, isn't the price that the investment bank gets between eleven and twelve dollars, and then the cost and profit are distributed to us who are being marketed, which is about fifty or sixty cents cheaper than the public offering. ”

In fact, many people know that why a company that is about to go public should ask a bank to contract all the procedures and sales of its listing, isn't it just to push up the stock price, why does the bank want to contract? Isn't it that the price of shares obtained in advance by a listed company is lower than that outside, which is a very shallow reason.

Listening to Michelle say this, Su Jingzhen understood that this is actually a benefit enjoyed in advance by some internal large customers, why do others keep their money in your bank, why do they want to buy your bank's investment products or financial products, don't you just want to get some insider information or benefits in advance.

"Then how many shares can you apply for?" Su Jingzhen is most concerned about this, in case there are only hundreds of thousands of dollars in shares, it will be in vain.

"More, how much do you want to invest? I have a higher-level account at home, and my gold card is a sub-account, so it is not a problem to have a million. Michelle is very imposing when she says this, and her mouth is 10 million.

"Well, not so much, if my family and relatives add up, it will only be a few million, maybe less than five million, after all, there are two processing factories at home now, which requires a certain amount of capital turnover. "Su Jingzhen doesn't have that much money, but a few million is enough to support him.

"Then buy it according to this prospectus of my family, the risk is much smaller than the public one, and if it falls, you have an extra fifty cents of insurance line. Michelle was able to come up with this prospectus because she didn't have so much cash at home, and her family's total assets may have a lot, but a large part of them have been invested elsewhere, maybe real estate, maybe in the stock market.

"Then I'll give you an answer tomorrow, and I'll have to get an accurate number. Su Jingzhen didn't dare to say how much to buy directly, he always had to see how much Yuan Guanghua needed, after all, there was still a negotiation with Sanyo Electric to discuss, and after the negotiation was completed, it would take up a sum of money.

"I'm going to draft an agreement and make it clear in advance what everyone will have. Joanna didn't worry that Su Jingzhen would transfer the money directly to Michelle like this, it wasn't that she didn't believe Michelle, but she couldn't trust Michelle's family, who knew who was standing behind her?

"Well, this time there is no need to be so troublesome, this prospectus can be split, as long as you go to Citi's branch office to confirm, you can subscribe at this price, this is semi-public, if it is private, it can't reach our hands, it will have been eaten clean by the predators." Michelle waved her hand, vetoing Joanna's decision to draft the agreement.

"Heh, I'm afraid those predators have already eaten up most of Netscape's shares, and after a few rounds of investment, the founder probably won't have much left. Joanna also began to mock lightly.

Michelle nodded when she heard this, and she also broke out some insider news for everyone to hear.

"That's for sure, if you look at the performance of this one, it's thirty-nine dollars a copy of this software, and it comes with a ninety day free period.

That is to say, if you download this software, you will have to pay $39 after 90 days, and up to now, the number of downloads of this software on the Internet has exceeded 6 million, and there have been paying users, and the company's cumulative profit has reached 7 million dollars.

If these six million people were paid members, it would increase Netscape's revenue by at least 230 million a year, or 23 million even if it was only 1 in 10 users.

What's more, the number of downloads and the number of downloads are still exploding, so you have to buy them as soon as possible, and I think these stocks will sell out soon. ”

"Hey, no, isn't this the beginning of a public offering? Isn't it all available for public subscription?" Su Jingzhen suddenly noticed that what Michelle said seemed to mean.

Joanna suddenly coughed at this time, signaled Su Jingzhen not to ask, and then stood up and pulled Michelle to make coffee.

Su Jingzhen was confused, well, there must be something inside here.

Of course, there is an inside story, Joanna has been in the lawyer industry for a few years, and knows some insiders, in fact, what Michelle has come up with now is not the first public recruitment application book at all, this must be Netscape's internal subscription letter to the distribution bank in advance.

If the bank promises to distribute a large amount, it proves that everyone is optimistic about the company's stock price after listing, and the pricing can be set at a high point at the time of listing, or the listed shares can be increased by more points, which is a good opportunity for the company's shareholders to cash out.

Su Jingzhen didn't understand this, but Joanna understood, so she first stopped Su Jingzhen's questioning, and then pulled Michelle over to ask, you must know that such a thing can be big or small, at least this is to help the bank attract more customers, and at worst, this is to leak pre-listing secrets.

Author:Five more,Today was supposed to break out.,Now it's more than five more.,But the author Jun is busy today.,Caused a little manuscript to be gone.,So tomorrow's update.,It's gone in the morning.,Start the code at noon.,Please understand.。

Who is the author, many people probably know, today, Saturn is surging, everyone is watching the excitement, right, so the amount of posts is outrageously high, and the workload has increased greatly, so it will be so pitted.

Finally, thank you to the friends who voted and rewarded today...... (To be continued.) )