Chapter 82: 1/4 Microsoft
When he returned to the room, Liu Si immediately found Liu Shengqiang's phone number and called, "Liu Shengqiang? ”
"Hello, hello, boss!" As soon as he heard the voice, Liu Shengqiang knew that it was Liu Si's voice, and he was extremely attentive, "Boss, do you need me to withdraw my funds and prepare to invest in the Hang Seng Index?" ”
", withdraw the funds, and then you use the nearly a million funds to recruit some reliable traders. "Time is slowly running forward, the bell of '97 is about to ring, and now is time to prepare for next year's financial crisis."www.biquge.info
"Yes, boss."
In the stock market, who can really make money except for the bookmakers? The guy who sits in the bank will look at the indicator operation, are based on the premise of knowing the favorable good news in advance to pull up the chip or quietly and quietly absorb the chip, how many people can follow the dealer to make a fortune? The dealer will not ship according to any indicators.
Generally speaking, the financial bull market has a cycle of 6~10 years, why is the time period this time? That's because the duration of medium-term loans is generally 3~5 years, so there will be a cycle fluctuation in the stock market every 6~10 years, and there will be a bull market.
3~5 years is the rest after the end of the bull market, the second 3~5 years is the fattening stage, and the end of the second stage is the finishing work of shearing.
The Asian financial crisis actually sounded the horn at the beginning of 97, and the guy who blew the horn was George Soros, because the total management funds of the quantum fund are only more than 20 billion US dollars, so compared to Thailand's foreign exchange reserves of more than 400 billion US dollars, it is indeed impossible for the quantum fund to snipe the Thai baht alone.
But George Soros and his partner Rogers have studied the Thai economy and found that they can indeed snipe at the Thai baht, which is now similar to the Mexican peso. George Soros and his partner Rogers are frantically publishing sniping remarks against the Thai baht in major economic newspapers in the United States, and even in January of '97, the quantum fund began to short the Thai baht in the foreign exchange markets of Chicago and London when there were no other international funds and the rest of the funds in the United States.
If he didn't know the history, no matter how hard he Soros blew in the media, Liu Si would not have stepped into the whirlpool of sniping the Thai baht, because the Thai baht represents a country after all.
In addition to the Asian financial turmoil because of political reasons, the United States is preparing for returning to Asia, and there are indeed reasons for sheep shearing. Liu Dashao, who knew the opportunity, had to drink some soup in this crisis. Otherwise, without knowing the opportunity, Liu Dashao will only invest his excess spare money in the stock market in the sixth year of a financial cycle at most, and make one or two times as much. Because generally speaking, the real bull market is only one or two months, which can be seen from the index, when the index is extremely high, then it means that the stock market has come to an end.
There was a big business in the past few days, and if you do it seriously, you may be able to make billions of dollars, and at worst you can make hundreds of millions of dollars, that is, to short Commoda stock, but unfortunately there is no capital at the moment.
As soon as Bill Gates heard Liu Si's words, he understood that things had taken a turn for the better, and the Palmfun operating system did have absolute acquisition value, but how to say it? Palmfun Computer Software Co., Ltd. has the value to try to acquire.
When a phone call came to Steve Ballmer's landline, Ballmer asked with some surprise, "Bill, don't you know it's only 2 a.m.?" Damn, what's the matter? ”
"Oh, I'm so sorry. Ballmer, you know I'm in Hong Kong, and I've almost forgotten about jet lag. Bill Gates now hears Ballmer's complaints and realizes that he has forgotten about jet lag.
Ballmer is Bill Gates's Harvard classmate, and it was Bill Gates who pulled him into Microsoft at the beginning, and Bill gave Ballmer more than 5% of the shares, so the relationship between the two is very iron.
Ballmer remembered that Bill had come to Hong Kong for that important matter, so his somewhat confused head suddenly brightened, "Bill, is there something new over there?" ”
"Definitely. Kang Maoda embezzled 1.2 billion US dollars from the owner of the Palm Fun operating system, and the financial statements made by Kang Maoda are too different from the financial statements obtained by their own intelligence, and it is basically impossible for the two to cooperate again. The other party is interested in selling the Palmfun operating system and needs a quote from Microsoft. I called you this time in the hope that tomorrow you will inform the board members to convene an urgent remote meeting and come up with the results of our discussions as soon as possible. The other party is waiting for our offer. Bill Gates explained the cause and effect of the whole thing in a nutshell.
"Ok, my Mr. President."
"Good night, don't disturb your rest, tomorrow will be busy."
At 2 a.m. Hong Kong time and 10:30 a.m. U.S. time, a meeting of Microsoft's extraordinary board of directors, chaired by Steve Ballmer, took place in a conference room in the Microsoft building.
"Ladies and gentlemen, I believe that now everyone has understood the cause and effect, so please speak freely!" Bill Gates holds more than 35% of Microsoft's shares and is considered Microsoft's largest shareholder, so he naturally took the lead in speaking at the board meeting.
"I'm proposing a $2 billion wholly owned acquisition of Palmfun Computer."
"Give him a 5% share swap."
"That's too much, $1 billion!"
……
Bill Gates listened through the headphones which shareholders on the other side spoke, and he couldn't listen anymore. Not to mention Liu Si, even his own $2 billion, 5% of the shares, will not sell Zhangqu Computer Company.
"Ahem... Quietly. Bill coughed twice to get his attention, and after the conference room was silent, he said, "I don't think everyone has paid enough attention to this matter, so now it's up to me to talk about it seriously for you." This year, Kangmaoda has achieved a profit of nearly 4 billion US dollars based on the Palm Fun operating system, of which according to 55 shares, the other party can get nearly 2 billion US dollars, and it is basically impossible for Microsoft to use 2 billion US dollars to acquire Palm Fun Computer Company. At first, the other party proposed that Microsoft use 50% of the shares to acquire Zhangqu Computer Software Company, but I rejected it with righteous words. In the end, the other party retreated, but vaguely proposed that we estimate that the Palm Fun operating system should at least be calculated according to the current market value of Kangmaodagong. ”
Kangmaoda's market value is nearly 20 billion US dollars, and Microsoft's market value is more than 36 billion US dollars, so Liu Si only gets a little more than 30% of the shares, plus bargaining, should be able to suppress the price within 30% of the shares, so Bill Gates personally thinks that he only spends less than 30% of the shares to acquire a company that is better than himself.
"$20 billion, how is that possible?"
"Oh, mygod, it's a robbery!"
"30% of the shares, why don't you grab it?"
……
The $20 billion valuation demanded by Liu Si completely detonated the atmosphere of the meeting, and these self-proclaimed gentlemen were not in a good manner, scolding and scolding, and there were many people who opened their mouths to show the roar of the Hedong lion, and some radical guys climbed directly onto the conference table, dancing and giving speeches, describing their determination to resist to the end.
"Okay, listen to me......" Bill's voice through the device was not loud enough, and the conference room was still chattering, and there was no rhythm to stop. In this regard, Bill Gates's sworn friend Ballmer naturally wanted to take action, and slapped the table hard, and the loud sound made the conference room finally clean.
"If you pay up to 30% of the shares, I personally agree with it. Of course, Microsoft is everyone's, so let's vote on it! I'll finally say a personal opinion, we missed the palm fun last year, and I don't want to miss it again this year. A 30% stake in Microsoft is worth paying, IBM, Apple, HP, Dell, ...... Eyeing the operating system market, I don't want to push the PalmFun OS to my rivals. That's all it takes, everyone votes. ”
"Yes."
"Yes."
……
"Against."
"Yes."
"Yes."
……
After Bill Gates cast a yes vote, he took the headset and waited directly for the result. He really didn't want to suffer the voting process, although he had nearly 40% of the shares, but unfortunately this kind of big thing must reach 2/3 of the board of votes to take effect, 40% of the votes in 2/3 of the share is really not very important, he is very worried about the final voting result.
The final result is gratifying, the shareholders who voted in favor account for 4/5, and those who can participate in the meeting of the board of directors of Microsoft are not fools.
Liu Si was in a very good mood, thinking that it would take at least 2 days for Microsoft's final board of directors to make a decision, but he didn't know that the next day Bill Gates notified that he could discuss the merger of Microsoft and Zhangqu Computer Software Company.
"Bill Gates has already been authorized by Microsoft's board of directors, so let's get to the point, how much does Microsoft pay for Palmfun Computer Software?" Looking at the woman next to her who said that she had a boyfriend at the critical moment of her mother last night, Liu Si was really complicated.
"Mr. Liu will be able to get a 20% stake in the new company after the merger." Bill Gates guessed that Liu Si's psychological price must not be lower than 20%, so the first offer should not be too low, although this is a bargaining process.
"That's it, 20% of the shares?"
"Then I don't know how much Mr. Liu offered?"
“40%。”
"No, no, that's not just me won't agree, the board of directors, the China Securities Regulatory Commission, and the Committee on Foreign Investment will not agree to this offer."
"24.9% of the shares of the newly formed company, $5 billion in cash." He also had no choice but to think of the Committee on Foreign Investment in the United States, and he put forward this surprising condition that a non-American citizen should not buy more than 25 percent of a large company in order to avoid some trouble in the future and if he really needs cash now.
The 24.9% stake is not unexpected, but the amount of up to 5 billion US dollars scares Bill Gates, "Mr. Liu, I can call the shots with 24.9% of the shares, but 5 billion US dollars is too much!" ”
"No, President Bill, Microsoft acquired Zhangqu Computer Software Co., Ltd., then Kangmaoda owes Microsoft nearly $1.7 billion, so Microsoft actually only paid more than $30 billion. And as long as Microsoft seizes the opportunity to short Commoda in the stock market this time, maybe there will be some money on this transaction. Liu Si smiled sinisterly, which made Bill Gates feel chilled when he saw it. It's just that Bill Gates thinks that Liu Si's idea of shorting Commoda is very good, and he can't wait to end the meeting immediately and call Ballmer.
"$5 billion is too much, and Microsoft doesn't have much cash flow."
"President Bill is not honest, I remember Microsoft had at least $10 billion in cash on its books, and maybe $10 billion if it had borrowed from banks."
"$3 billion at most, or I wouldn't have been able to convince my shareholders."
"$3.5 billion..."
……
After a heated debate between the two parties, the agreed price for Microsoft's acquisition of Zhangqu was confirmed to be 24.9% of the shares of the newly formed company, $3.278 billion.
"Happy working together!"
"Happy working together!"