Chapter 242: Cognitive Differences
In addition to being the first Internet company to go public, it has something to do with its stock price, which has made countless millionaires 300 percent more than three months later, and after three months, the stock price has risen to more than $170, and there are very few stocks that can rise to such a degree in such a short period of time, and the biggest difference between Netscape and traditional enterprises is that it does not have any products in the traditional sense.
Are there any traditional companies with high stock prices? The answer is quite a lot, such as Ford, are there any technology companies with high stock prices? The answer is also self-evident, such as Intel, IBM, Microsoft, but these companies all have products, Ford is needless to say, Intel and IBM have CPUs and computer products for sale, Microsoft's products are operating systems, Netscape?
If the browser is a product of Netscape, that's right.,But the browser is completely inphysical.,Traditional companies have,Even software companies like Microsoft burn software into CDs and sell them.,The price is not low.。
So if you understand Netscape in the traditional sense, many people will come to a conclusion, that is, you don't have too many fixed assets, and the virtual product in a virtual world doesn't even have a physical object, so the stock price of such a company can't rise too high, because you are virtual, once there is an accident, the product can't be found at all, the Ford car has an accident, even if it is hit and burned, the wreckage is still there, even if the data of Microsoft's products is wrong, at least there is a CD, Netscape? The computer was completely gone.
As a new thing, many people do not accept and do not understand it is normal, the success of Netscape's listing Many people exclaimed that this was an impossible thing, thinking that the stock price at that time was a fake prosperity, so when Netscape's stock price fell, people thought that this was a return to its normal position, and it will continue to fall, but no one thought that in just three months, the stock price reached a high of $170, you must know that the initial issue price was only $14, and then the public offering was sought after before it decided to rise to $28。
Some people may have questions, this statement is not right, how to contradict yourself, one will say that it is not accepted and understood, and another will say that it is sought after, and the price will be temporarily raised, isn't this nonsense? To put it bluntly, it is actually very simple, that is, the cognitive problem of traditional enterprises and emerging industries, which is equivalent to ordinary people having the cognition of traditional mechanics, and then suddenly quantum mechanics appeared, and everyone knows the words above, but they don't know what they mean when they are connected together.
When Netscape's stock price fell, some people with traditional corporate stock cognition or the media began to sing about the stock, Michelle usually needs to obtain new market information in newspapers and other media, so when there are quite a lot of media all day long to instill this kind of view of decline, she will inevitably have a kind of thinking of gaining and losing, not that she doesn't believe Su Jingzhen, but is afraid that Su Jingzhen will misjudge the timing.
Everyone believes that the stock will fall, and they all want to buy the bottom, but falling to 40 is a drop, and falling to 20 is also a drop, at what price is a good time to buy the bottom? This is the difference between earning more and earning less, and now the stock price has dropped to 50, so Michelle will think whether it will continue to fall, whether to sell the stock first, and then copy it when it falls to the end, maybe it can fall to 30? Now that 50 is out, I can still earn more, and then when I am 30, I can make more, and when it rises again, I can earn more, which is the most normal idea of ordinary people.
But Su Jingzhen is different, Netscape, as the first listed Internet stock, after it was killed by Microsoft with a trick, the whole world is studying the reasons for its failure, from beginning to end, from the inside to the outside of the complete analysis of all this, it can be said that no other Internet company will be so analyzed, so although Su Jingzhen does not remember the precise timeline and precise stock price, but he still remembers the stock price in the approximate time period, when Michelle hesitated, he stood up and resolutely insisted on his own point of view.
"Then I still follow the original plan, and start absorbing stocks at around $55?" Michelle heard Su Jingzhen insist, and she didn't oppose it too resolutely, after all, her previous experience told her that she would definitely be able to make money with Su Jingzhen, which has been proven again and again.
"That's right, do you think $70 is the pinnacle of Netscape? That's how much is that? Now those investment banks and shareholders are not willing to make only that, you have to know what is the current market share of Netscape's browser? And what about Microsoft's browser? Everyone is waiting for it to completely defeat Microsoft, and what is Microsoft's stock price? How many outstanding shares are there? From this point of view, until it rises to a position at the same level as Microsoft's stock price, investment banks and shareholders will not stop, we just need to follow behind and drink soup. ”
Su Jingzhen had roughly told Michelle and Joanna before why he was optimistic about the future of Netscape stocks, and now he emphasized again that these two are the people who helped him the most after he came to the United States.
The person or boss who picks the door may be able to save money, but this will make there are fewer and fewer people or friends around him who really follow, and no one will be willing to be friends with a person who picks the door.
"Are you sure?, then I will carry out the predetermined plan, if I lose money, you have to support me for the rest of my life!" Michelle secretly confessed here once, and after speaking, she was so ashamed that she quickly hung up the phone.
"How can you lose money......" Su Jingzhen muttered into the phone that had hung up.
He doesn't quite understand why Michelle treats him like this, it stands to reason that the people on the side of the American imperialist don't have much affection for the people who grow flowers, and Michelle is still a white and rich beauty, although she was a little fat before, but now she has also lost weight, and she has become a big beauty.
Su Jingzhen thinks he is a handsome guy, but this only represents the handsome guy in the oriental aesthetics, there is still a clear difference between the aesthetics of Westerners and Orientals, if it is because of the appearance that attracts Michelle, Su Jingzhen himself does not believe it, so what is the reason?
After Michelle hung up the phone, she touched her already blushing face, a little proud, Su Jingzhen will conquer this highland sooner or later, and she must not be anxious, I heard that Oriental people are more reserved in their feelings, but they can't scare him away, and besides, their weight loss plan has not been completely successful, the weight has been reduced, but the skin is a little loose, and further exercise is needed to regain the firm skin.