Chapter 599: Happiness Gives Birth to Sorrow
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The investors or speculators who come in later always want to see the inflection point of the stock price rise through guò observation and persistence, but they are wrong. (The fastest update speed is in Aishang Novel Network biquge.info) Book mí group 4∴ (8) 065 does not count whether it is in the West or the East, the herd mentality is all existing, and the blow to the loss of investment confidence is far more severe and important than the investment itself.
Chen Kangjie remembers that more than ten years later, when there was a large-scale global financial crisis, our prime minister always said that confidence is more precious than gold all over the world. But once confidence is lost, gold may be worse than rotten stone, and that's what the three telecom technology companies are now facing.
On Thursday afternoon, until the close, the decline in the stock price did not stop, but the feeling of this roller coaster has not yet reached the bottom, it is just spinning in mid-air. Those investors who have not yet sold or have not had time to sell also feel that the situation is not good, and if they do not sell, it is estimated that they will lose all their money.
At this time, there is also a group of people who are most anxious, that is, the board members of the three companies, and the stock market continues to fall, and they have the most losses.
Robert Galvin, the second generation of the Galvin family, is holding a board meeting at the company's headquarters in Schaumburg, a suburb of Chicago, and Motorola is the Galvin Manufacturing Corporation founded by his father Paul Galvin in 1928, and was changed to Motorola Inc. in 1947 because of the high popularity of the trademark.
How could a man with real power, who served as the company's CEO from 1953 to 1986 and held the chairmanship until 1990, be replaced so quickly, although he did not serve as the company's leader, but did not quit the board of directors, according to history, he waited for his son Christopher Galvin to be chairman and CEO for more than three years before leaving the board, and Christopher Galvin, who is now the senior vice president and chief operating officer of Motorola, also appeared in the conference room, and the idea of joining Ericsson to strangle AnyCall Communications was put forward by this guy.
"Let's talk about what the hell is going on and what should we do?," said Robert Galvin, 72, who had white hair and looked much like Jack Welch, and asked his colleagues as the chief of the conference room posed his pipe.
"It's supposed to be someone targeting us, and it's so abnormal," said a well-dressed young director by the window.
"There is no doubt about it, if it weren't for someone càonòng, it would not have been possible to have this rollercoaster effect, Monday and Tuesday are still somewhat normal, yesterday and today were particularly weird, it's incredible, we don't know what the institution càonòng this qiē, I've learned from the securities jiāo easy, all show as decentralized investors, from all over the world, there is no big institutional leader at all" A middle-aged director next to Robert Galvin glanced at the young director with contempt before turning to Robert Galvin and saying.
"We have to turn this around, otherwise we won't be able to cope with the next investments," said another director, who said without distraction.
"Yes, if this situation is not contained, it will have a very negative impact on us for a certain period of time, and the company's financial situation will be relatively high," echoed a board member who looked very much Jewish.
"Guys, how do you turn this around? That's the key," Robert Galvin tapped his pipe on his desk.
"Dad, the company can pay for the repurchase of those shares", Christopher Galvin, who was sitting on the side, couldn't help it, he wanted to show his wisdom.
"If we use that money, what do we do about our commitment to China? We promised lobbyists $1 billion next year," said the puppet company's chairman and chief executive officer.
"As Mr. Michael said, those are diversifiers, or speculators, and we don't expect to raise the stock price when we take out the money, but we only need to stabilize the downward trend, stabilize the large number of investors, and then we can release these outstanding shares and get the funds back, the best of both worlds, not to mention that we can also raise money from the bank," Christopher Galvin retorted.
"What do you think of this?", asked Robert Galvin without saying anything.
"I think it works," the window director replied crisply.
"I think it's risky," said the puppet chairman, who did not support or object.
"If we don't, the risk will be greater, this is the first day, and if it goes down like this tomorrow, then we will have a hard time," Christopher said with some dissatisfaction.
"I'm in favor of that, otherwise we can't afford to lose that," says the director, Michael Gau.
After the two finished speaking, several directors expressed their support, all of whom believed that they must contribute capital to stabilize the market, otherwise their losses would be very serious.
"Okay, let's do it, we'll save the market tomorrow, fortunately the stock price has fallen a lot now, otherwise the dollar is really a bit stretched", Robert Galvin bypassed the chairman and made a direct decision.
What can the chairman of the board of directors do under such a situation, and he can only accept this construction measure.
When Motorola decided to do this, Ericsson was also in a meeting, and finally the company decided to use a billion dollars to bail out the market, hoping to stabilize the stock price in the current situation. These two companies can still come up with a billion dollars of funds at will, Nokia is pitiful, the company can get less than 100 million dollars, if they want to save the market by themselves, unless they find a bank, but now it is too late to find a bank, they can only watch what kind of deterioration will be.
When I woke up on the morning of Friday, June 10, some people were in a good mood, some people were in a very tangled mood, those investors who saw that the momentum was not right and made a lot of money by selling stocks at the earliest, naturally belonged to comfortable people, and those shareholders and investors who still had the shares of these three companies in their hands were entangled, they were looking forward to a good performance after the stock market opened, but it was just an expectation, as for what the result would be, it is still unknown.
As the stock market opened, their expectations were immediately disappointed, and the stock market still fell, and Motorola's executives were all staring at the computer screens showing the stock market in the company conference room.
"Mr. Galvin, the financial department has invested 100 million US dollars, and the market has not improved at all, do you need to continue?", the telephone in front of Galvin was turned on speakerphone, and the manager of the financial department on the other end of the phone was reporting to work.
"Go on, invest $100 million in twenty minutes," Robert Galvin said calmly.
Having been at the helm of this company for decades, the 72-year-old Galvin is a man who has seen big scenes, and he has always kept himself in a state of steady, maybe this is the bearing of the superior, maybe this is the city government that he has been trained for many years, anyway, it is difficult to see him too happy or too sad.
Time is constantly moving, the stock markets of Motorola, Ericsson and Nokia are still falling, and the two companies that want to save the market are investing $100 million and then $100 million, and the money is as if they have fallen into the abyss, and they can't see lànghuā or hear the sound.
"Mr. Galvin, we only have $150 million left, should we invest it too," the manager of the finance department reported as it approached noon.
"Vote, why don't you vote, vote", Galvin replied firmly, but if you pay attention, you will notice that his voice has been raised several degrees, as if to highlight his momentum, but this just shows that the old foal is also a little anxious......
At this time, in Georgetown in the northwest Caribbean, Han Geng was also receiving a report from his subordinates.
"Mr. Han, it seems that the other party is bailing out the market today, and when everyone is selling, we find that there are more than a billion dollars in the market to accept the shares of Ericsson and Motorola respectively."
"What about Nokia?".
"There's no movement over there, basically just can't get in and out."
"Don't be too ruthless on Nokia's side, as for the other two,...... Then let them have fun for a while, first keep a little tail goods in their hands, and after lunch, we will play with them to play stabbing jī, we only have a week, today is just right."
"Playing with stabs?".
"Yes, our boss is uncomfortable, then they don't want to be comfortable, hehe, the biggest pain of people is happiness and sadness."
“……”。
"This belongs to the Eastern culture, you Westerners don't understand, inform colleagues in Bermuda, Virgin, Western Samoa, the Bahamas, Anguilla, Europe, the United States, East Asia, and South America to take a break, and continue to work after lunch", Han Geng is obviously much more mature......
"Mr. Galvin, the stock price has stopped falling", and after three minutes, the company's stock price had stabilized, and the manager of the financial department dared to call to report.
"See, hard work", Robert Galvin at this time regained his gentlemanly demeanor.
"I just said, it is impossible to throw more than a billion dollars without effect, and there are not many companies that can compete with us," Christopher Galvin said proudly.
"Everyone, we have been staring here all morning, you must be hungry too, I invite you to have French lunch", Robert Galvin happily invited his colleagues to lunch, regardless of his son's words.
A group of wealthy gentlemen took a limousine to a nearby high-end restaurant, ordered a lot of food, and as if to celebrate the victory, Galvin asked for two bottles of bōerdo and tasted wine, and everyone talked and laughed with each other.
However, shì Yingsheng opened the red wine and poured it into the glass, looking at the red wine sè, Galvin raised the wine glass, and at this moment, his secretary's mobile phone thought about it, and the secretary answered the phone, and his face turned blue.
"Mr. Galvin, the stock price is starting to fall again,...... And it's even better than in the morning."
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