Annoyed, Kutaragi Ken wanted to share his unhappiness with others, but he was embarrassed to say it, after all, the past and present life of the PS game console and the PS game compatibility function of this DreamBox128 console were too closely related, did he want to admit that he had been raising tigers for so many years.

Although Kutaragi Ken was embarrassed, the problem still had to be solved, so he gathered his capable generals to study the solution together in the conference room. But pondering and pondering, researching and studying, in the face of the DreamBox128 console's dignified attack, they can't think of any good way to solve the problem, the only thing left is to find a way to get the PS2 on the market a little earlier, if they can catch up with the Christmas golden season at the end of the year, maybe they can still maintain their current leading position.

After making up his mind, Ken Kutaragi immediately assigned the task, on the one hand, he sent his right-hand men to speed up the development of PS2 as much as possible, and strive to catch up with the year-end business war, on the other hand, he tried to find a way to make trouble for the DreamBox128 console, dragging his feet as much as possible, digging into the wall, in short, not allowing them to be comfortably put on the market.

Wishful thinking jingled, but then there was a bad news, E3 just ended, VisualSystem Group released a shocking news, DreamBox128 console will be officially listed on July 15 this year, and will be in the United States, Japan, China and other places at the same time, no less than fifteen first games, but slightly different in different regions, including "Dragon Quest 7" on sale in Japan, "Heartbeat Memories 2", "" sold in the United States Street Fighter ZERO3, Major League Hockey 2000, Football League 2000, as well as Resident Evil: Codename Veronica, The Legend of Zelda: The Mask of Mjira, Pro Evolution Soccer 4, Gran Turismo 2, etc. Even if you don't look at those games that belong to the follow-up releases, such as "Final Fantasy 9" and "Silent Hill 2", just the first game is enough to attract the attention of many players.

This news is not good news for Sony, Nintendo, and Sega, but Nintendo is still indulging in the return of the N64 at this time, trying to use the N64 to stall for time, and then use the super performance of the follow-up models to establish victory in one fell swoop, just like when Super Nintendo played against Sega MD. Sega was left with helplessness at this time, originally wanted to make a front stop through the E3 exhibition, to warm up the North American market, who would have thought that not only the limelight at the exhibition was basically stolen by the DreamBox128 host, but also lagged behind others in the North American release time, and as a result, a good warm-up event became a gong for others.

For this embarrassing situation,In addition to helplessness or helplessness in the heart of Shoichiro Irito,The backwardness of the performance of the Dreamcast console has become a sure fact,It could have been relied on to talk more about the game and less about the performance to last for a while,But DreamBox128、PS2 and"Dolphin"The three mountains have been pressed down successively,The shortcomings of the Dreamcast console have also been completely exposed in front of everyone。 It is impossible to improve the performance of the Dreamcast console in the short term, because Sega no longer has enough financial resources to play this trick of updating the console, and the Dreamcast console has been on sale for less than a year, and it is impossible for players to accept such a strange behavior, so the only thing he can do seems to be to beg grandpa and grandma everywhere, hoping that some game developers can take pity on Sega and give some games over.

"How did the dignified Sega company fall to such a point today!" Shoichiro Iriko thought helplessly, and couldn't help but feel sad in his heart.

As a result, the only one who still has the heart to pay attention to the news and plan to do something is Sony Computer Entertainment. Although the current situation is not good, but Kutaragi Ken does not plan to ask the headquarters for help, after all, at the beginning of the year, he still seems to be infinitely beautiful, and he will ask for help in a blink of an eye, which is definitely not good for his future development path, because he is an ambitious person, and the little president of Sony Computer Entertainment cannot fully satisfy his appetite, if he can spend this time safely, and use PS2 to create another glory, maybe he still has a chance to hold more power, so he is not willing to be disrupted by the DreamBox128 console, and more importantly, he is unwilling to be attacked by some well-intentioned people who use the inexplicable relationship to attack him.

……

While Ken Kutaragi was still struggling with how to drag DreamBox128 back, Zhang Lexing was sitting in his office doing some noble activity - holding meetings via video link. The theme of the meeting has nothing to do with the upcoming DreamBox128 host, so it is not that Zhang Lexing does not care about it, but after years of deployment, he has enough resources in his hands, and there is no shortage of talents who can take charge of themselves. He doesn't have to worry about this kind of mature market such as Japan, the only thing he can't rest assured about is the country, which is a place that has not yet had a successful experience, and he doesn't know how much of a role the arrangements he has made can play, but everything that should be done has been done, and he can only wait quietly for the final result.

The theme of this video conference is actually very simple, that is, the strategic discussion of investment strategy, and it is also related to the discussion of Oriental Industrial Group, VisualSystem Group and Universal Entertainment Group and their investment strategy adjustment.

Approaching the millennium, one of the hottest topics is the legendary "millennium bug", and the other is the crazy rise of Internet concept stocks. It's unclear when the Internet concept stock began, but the most famous one is the one in 1996, when Goldman Sachs, the most famous investment bank on Wall Street, put an unrecognized, The company was only two years old, had less than 50 employees, and its expected annual earnings were only $5.4 million, but after Goldman Sachs' perfect packaging and operation, the 3 million shares of its IPO soared from a $13 issue price to more than $30 on the day of listing, and two years later, it rose more than 12 times. As one of the early investors, Zhang Lexing has made a lot of money from this company, and by the way, he has also added a successful sum to his investment record, but it can also be seen from this how crazy a company will be once it is labeled on the Internet.

Since then, there are almost no more people like Netscape who will honestly run the company to make profits before going public, and everyone has begun to learn to be smart. Investment banks found that the original IPO can still operate like this, and the companies found that the original listing can also play like this, those balance sheets or anything are not important at all, it doesn't matter if they can make a profit, the important thing is that they will fool, and the venture capitalists will fool the venture capitalists, and it doesn't matter if the venture capitalists find that the company is not making money at all, they can find investment banks, and everyone gangs up to fool stock market investors, this is the legendary network concept IPO, so the hot potato is passed to the hands of the next unlucky ghost, entrepreneurs have more money to draw a bigger pie, and the venture capitalists get back the money they almost lost and make a fortune by the wayInvestment banks get a lot of commissions from it, and then it's up to the most unlucky investors to take the last baton.

So since 1998, everything that involves the concept of the Internet, that is, all kinds of websites have embarked on the road of IPO with the help of investment banks, buying books online, buying fresh products online, selling toys online, and one after another beautiful stock market fairy tales have been born.com. Zhang Lexing still remembers a joke that describes this situation, saying that two beggars begged in a New York subway station, the first beggar wrote a "beg" (begging) on a broken cup, and the result was only a few dozen dollars a day, and the second beggar wrote "" on the cup, and the result was hundreds of thousands of dollars a day, and there were people who discussed with him about going public on the NASDAQ.

Zhang Lexing will naturally not let go of this kind of good time to hold money, blowing the wind appropriately, coupled with the support of market research and analysis reports, the investment funds he directly or indirectly controls and the investment departments of his subsidiaries have drawn a lot of strength to get involved in this feast, and he himself has made several investments, such as investing in GeoCities (Global Village, a company that provides personal homepage services) for $2 million, and then sold it to Yahoo, which has a large amount of banknotes, at the beginning of this year, at a price close to $900 million, invested in Lcos (Lex, an Internet portal), and assisted it in successfully achieving its IPOToday's stock price has exceeded $145 per share, and the original investment of $2 million has swelled to $950 million.

The investment funds directly or indirectly controlled by Zhang Lexing and the investment departments of its subsidiaries have also made a lot of money in this trend, and even the Orient International Investment Bank, which has not been established for too long (formed by the merger of the spin-off investment division of Orient Holdings and some acquired small and medium-sized banks, mainly engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses) has also made a small profit in the process of operating China.com's listing on the NASDAQ.

Since the beginning of this year, "network concept" and "Internet" have become popular words, which have been frequently mentioned by many domestic media, and words such as "burning money", "horse racing", "storytelling", "venture capital" and "IPO" are often on people's lips. At this time, if anyone doesn't talk a few words about "website" and "Internet", it will definitely leave an impression of "you are out" in the hearts of others, and going to work on the website has become a new dream for many people, because you don't need to know too much there, or even only know how to type on a computer can mix up an income of four or five thousand yuan.

In a big city like Beijing, the .com of the Dian Kang () who have a lot of money shoehorned in by venture capitalists have plastered all kinds of advertisements all over the streets and alleys, and even the new bus body and stop sign advertisements have not been spared, almost all of which are monopolized by Internet companies, and the towering advertising signs on both sides of the famous Baiyi Road are also occupied by various Internet companies such as ChinaRen and Sohu. Yitang.com, which calls itself the Ming and Huang generation, carries tens of millions of dollars from American venture capital in exchange for a thin business plan of a few pages, and is full of spirit in the face of the current situation in China, smashing advertisements, giving annual salaries, throwing drifting bottles, and even filming TV series inexplicably. And those who have less money in their hands are not to be outdone, they can't afford to advertise nationwide, they specialize in a certain area, they can't afford to advertise, they give things away, what ballpoint pens printed with web addresses, mouse pads with corporate logos, etc., a lot of bits and pieces of small things are cheaper than many university club organizers.

The Internet bubble is gradually rising, but the successive high returns have made many people lose their eyes, Zhang Lexing's investment fund and the heads of the investment departments of its companies seem to have a bit of this tendency, and they still maintain an optimistic view on the future of network concept stocks, and even plan to continue to tilt resources in this area. But Zhang Lexing knows that it will not be long before the bubble bursts in network concept stocks, and even drags down people's overall impression of high technology.

In 1994, the total market value of the U.S. stock market was about $6.3 trillion, but at the end of last month, the total market value had reached $15.8 trillion, and the market value as a percentage of GDP had increased from 50% in 1995 to 120% in a few years, but corporate profits rose only 38.2% during the same period. In the 13 years from 1982 to 1995, market capitalization rose from 25% to 50% of GDP, while corporate profits increased by 160% during this period. This shows that the bubble in the market is very serious now, especially those network high-tech stocks, many companies have not made a profit at all, and even the income is only millions of dollars, but the market value is higher than many traditional enterprises with revenues of hundreds of millions of dollars, which is very abnormal...... "Zhang Lexing flipped through the information in his hand and said: "So I think it's time to adjust the direction of investment!"

Zhang Lexing remembers that the collapse of high-tech stocks was about April next year, according to his ideas, it is now possible to gradually reduce the stocks involved in Internet companies in his hands, in order to avoid heavy losses at that time, as for the huge amount of cash that has been reduced, it can be invested in some traditional industries, such as real estate, or a part of it, and so on when the high-tech stocks really collapse, and the market value of some companies that have been peeping for a long time plummeted, check and pick up the cheap.

It's a pity that Zhang Lexing's words didn't cause much response, and many people are now only left with those little comms rising wildly, and they don't want to believe that there will be a bubble bursting, or they are lucky, thinking that even if it will burst, it will not be so fast, and the fast money of real money is in front of them, and they are not willing to give it up easily. Fortunately, Yang Xinxin firmly stood on Zhang Lexing's side, and with the equity advantage of the two joining forces, the new investment plan was finally forcibly promoted.

From now on, Oriental Industrial Group, VisualSystem Group, and Universal Entertainment Group have begun to gradually reduce their holdings of the shares of network companies, or even sell them out completely, but Zhang Lexing, a key enterprise involved in the basic aspects of the network, such as Cisco, will still not reduce all of his holdings, and will maintain no less than 5% of the equity until April next year, so as to at least retain a place on the board of directors. With the help of Standard Chartered Bank and Citigroup, which have already obtained a controlling stake, Orient International Investment Bank has also made adjustments to its business, no longer focusing on the main focus on those network companies, and with the help of Standard Chartered Bank and Citigroup, which have already obtained a controlling stake, they will focus more on assisting certain powerful and promising enterprises to list in Hong Kong or the United States, such as large enterprises in the financial and energy sectors, so that they can take the opportunity to make some money on the one hand, and on the other hand, they can also take the opportunity to penetrate their control into more industries.

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