Chapter 265: Cisco
Seeing Eric nodding, Chris breathed a sigh of relief and said, "But, Eric, if, I mean, if you can make sure that Firefly can grow as quickly as it does now, then it's better not to go public than not." Many companies go public years after they go public, and they go all out to privatize them. Because although going public can obtain a large amount of financing, it also means more responsibilities and risks. In Hollywood, for example, almost all of the major studios have suffered hostile takeovers, most recently in 1984, when Disney was acquired by Saul. Steinberg sniped maliciously, and in the end, Disney spent $325 million to redeem 11.1% of Steinberg's shares, knowing that Disney's market value was less than $2 billion at that time. More than $300 million in cash left Disney so broken that it had to give up its family-style management and hire Michael. Eisner is at the helm of the company. β
Speaking of this, Chris smiled and said, "Of course, it has now proved that Disney made a very correct decision at that time, which can be regarded as a blessing in disguise." However, not every company has this kind of good luck, Firefly is growing so rapidly now, once it goes public, it will cause more coveting. β
Eric listened patiently, nodding from time to time. By the time Chris finished speaking, Eric had already made up his mind that the Firefly would never be on the market.
"Chris, you said if Fireflies don't come on the market all the time, is that okay?"
"Of course," said Kerry 10 β§, ww.21W. Si without thinking about it, "Most companies go public to get more development funds, and in my opinion, Fireflies are not short of money." Why go public? β
The two of them were talking. Jeffrey stepped out of the kitchen. Beckoning the two to get ready for dinner.
In the restaurant, Eric also meets Chris's girlfriend, named Emily. Brighton, a tall figure, blonde hair and blue eyes, dressed very stylishly, in the introduction Eric knew that the other party was a vice president of a clothing company named Brighton. According to the girl's surname and the name of the clothing company, plus the girl's age, it is impossible to be self-made, so you don't have to guess to know. The other party must be the daughter of the owner of this clothing company.
Emily. Brighton is much more talkative than Chris, and when he saw Eric, he let out a small scream that only a fan wants, saying that he likes Eric's movie very much. At the dinner table, he not only introduced the details of his and Chris's acquaintances, but also constantly encouraged Aniston to be the spokesperson of their fashion company.
Aniston confronts Emily. Brighton's enthusiasm didn't know how to shirk it, so he could only look at Eric as if asking for help. Although Xiao δΈ¨Niu is still only a TV actress, she has also become famous with a "Friends". And Emily. The Brighton family's fashion company is not well-known, and Aniston will lose her identity if she runs to endorse it.
Before Eric could speak, Chris noticed Aniston's embarrassment and took the initiative to relieve the siege: "Amy, can you eat quietly?" Your company is too small. Now that second-tier star is the spokesperson, I think it's enough. β
Emily, who heard this, was reluctant and said angrily, "It's not all your fault. If you hadn't messed up the IPO thing, our company's three factories in Florida would have been built by now, and the $9 million order in Asia......"
"How can you blame me, it's obvious that your father was too greedy and falsely reported the company's information and was found out."
"Obviously you found out!" Emily looked like a wounded fawn and reproached, "All companies do this when they go public, why can't we!" β
Chris put down the knife and fork in his hand, raised his voice and retorted, "Don't you know how much your dad has falsely reported?" Fortunately, I found out, if the SEC found out, your company has been fined for bankruptcy. β
Emily heard the faint anger in Chris's tone, shrunk her neck weakly, and muttered in a low voice: "Later, my father obviously changed it, and you still ......"
"That was Mr. Hockridge's veto, and don't forget that you almost cost him his job, and it's good that he didn't pursue it."
Eric looked at Drew and Aniston, who were sitting to his right and right.
This...... Seems to have quarreled?
Don't break up on the spot, or the three of them will be guilty of too much today.
Secretly praying in his heart, Jeffrey, who was sitting at the top, coughed slowly twice: "Ahem, okay, stop arguing." β
Chris and Emily, who had already 'entered the state', heard Jeffrey's voice and immediately came to their senses and quickly closed their mouths. In order not to calm down the scene, Eric took the initiative to start stirring up the topic, and the atmosphere of the dinner gradually became lively.
After the meal, Emily pulled Aniston and Drew into the room to talk, and there were only three big men left in the living room.
At this point, Eric apologized, "Sorry, Chris, I just ...... at the dinner table"
"Eric, it's none of your business, you don't have to worry about it," Chris shook his head.
Jeffrey also said softly with emotion at this time: "It's good to do this, occasionally quarrel, in fact, when Solena is here, the two of us often quarrel." β
"Dad, don't say those things again, okay?"
"Well, I won't say that," Jeffrey nodded, knowing that his son was doing it for his own good.
As he chatted, Eric gradually turned the topic to some topics he was more interested in: "Chris, are you familiar with forex trading?" β
"I know a little bit, but I'm not involved in this kind of project, and I'm currently working in the securities department."
"Then will you speculate in foreign exchange, for example, the yen, isn't the yen appreciating very much now?"
Chris shook his head: "Now that the yen has appreciated by a full double, even if you have money, you won't be able to make much money entering the market now." β
Eric was stunned, and regretted that he didn't pay much attention to this period of time in his previous life, and when he heard Chris say this, he had no choice but to give up, however, another huge opportunity had not yet come, Eric said: "So, what about the ruble, do you know anything about the Soviet ruble?" β
Chris persuaded, "Eric, I think. You'd better be honest about making movies as well. The forex market is not something that everyone can afford. It's like the yen. Although the yen has doubled in value over the years, international travel money in the foreign exchange market has not made the terrifying profits you think. The federal government only helped the yen to appreciate, making Japanese goods uncompetitive in international trade, and a large number of domestic funds and companies fled Japan, which eventually led to the bursting of the bubble and the stagnation of the Japanese economy. β
"Well, I mean, didn't you find out. Is the USSR dying now? β
Chris shrugged: "It's possible, but who knows when the Soviet Union will not work, and even if the Soviet economy collapses, because the country imposes a foreign exchange ratio for the ruble, we can't get involved." β
"Well, have you ever thought about the possibility that dozens of member states of the Soviet Union would collapse and all of them would restore the capitalist system, at that time, because of economic turmoil. The ruble will definitely plummet, and that will certainly be a very good opportunity. Right? β
Chris and Jeffrey looked at each other strangely, and after a while, Chris smiled and said, "Eric, if you throw this idea out, it will be welcomed by the whole world." If the Soviet Union did collapse, there would be no need to worry about the threat of nuclear war. The 'Big Ivan', who blew up the entire Arctic Circle, scared the whole world enough. β
Eric is a little helpless, although the drastic changes in Eastern Europe have taken place, and East and West Germany were also unified in August this year, but now there are almost two years before the collapse of the Soviet Union in memory, coupled with the half-century-long competition between the United States and the Soviet Union, although the Soviet Union has been repeatedly scandalized, but its strength is undoubted, few people would have thought that such a big country would fall apart in just a few months.
"Then let's assume it," Eric continued, "If possible, the collapse of the Soviet Union and the sharp depreciation of the ruble will be overwhelming, and at that time I will take out a billion dollars to speculate on the ruble, with hundreds of times leverage, can I multiply this money dozens of times?" β
Jeffrey didn't react, but Chris looked at Eric with a look of an idiot: "Don't say it's 1 billion, even if you take out 10 billion, if you dare to use more than 100 times leverage, in the kind of violent financial shock you said, you may lose it in a few minutes." β
Eric was stunned: "The ...... Well, I don't know much about this. β
Chris knew that Eric hadn't even gone to college and was just an ordinary high school graduate, so he patiently explained: "Take the 100x leverage you said, if you invest $1 billion, then you can amplify this money to $100 billion for foreign exchange trading." But your $1 billion is only 1% of $100 billion, which means that you can only withstand the rise and fall of foreign exchange. Even if the overall trend of a currency is down, because of the game between buyers and sellers, there will be violent fluctuations in the process, as long as the currency rises by more than 1% at a certain stage, your money will be liquidated immediately whether it is 1 billion or 10 billion. In general, the leverage used in the forex market is usually around 20 to 30 times, and occasionally some people will risk using 50 times leverage. β
"Uh, well," Eric smiled awkwardly and shrugged, "just because I didn't say it." β
Seeing Eric's embarrassing appearance, Chris and Jeffrey both laughed, and Chris added: "The more violent the financial turmoil, in order to ensure the safety of funds, the lower the leverage used. β
Since foreign exchange is no longer available, Eric thinks it is better to invest in the fields he is more familiar with, and the only thing he is most familiar with is the IT industry that will grow the fastest in the next two decades, except for movies.
Several major software companies have no chance, the Internet has not yet developed, and various Internet companies have not yet reached the opportunity. In terms of hardware, Eric has long been worried about Apple, but unfortunately now the future of Joe's gang is uncertain, and Apple is not on the verge of bankruptcy, so what else?
After pondering for a moment, a name flashed out.
Cisco?
Cisco!
Eric slapped his head and almost jumped up in surprise, in his previous life, it was a giant whose market value had jumped to $500 billion