readx;

After Ye Jianbin was frustrated last night's excitement here, Zhang Ke slept until dawn and didn't disturb anyone anymore, woke up early in the morning, stood in front of the floor-to-ceiling window, opened the curtains, and let the morning light pour in unscrupulously. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

The cold snap hit these days, there are some frost traces in the yard, I didn't expect that just after the night, the tiger hoof plum in the corner of the yard has flower bones blooming, yesterday when she talked to Xu Si on the phone, she was still thinking that the tiger hoof plum in the yard will open in the next few days, the plum branches are thin, there are no leaves, decorated with flower bones, in the cold morning light, people look especially spiritual.

Zhang Ke went to the cold courtyard to look at the tiger hoof plum for a while, and someone sent breakfast and morning news. Depending on how the U.S.-China bilateral agreement and Quantum's stock skyrocketed, it's better to browse the news online, but it's not bad to live a more traditional life occasionally.

Under the pressure of ESS's imminent large-scale reduction, Quantum Online's stock price oscillated and rose after a sharp rise at the opening and finally stood above $48, doubling its market value overnight, adding a new chapter to the myth of Internet wealth.

After more than a month of oscillation adjustment, the Lushen and Shenzhen indices rose sharply on the last trading day before the New Year's Day holiday in the new millennium.

Zhang Ke read the newspaper and had breakfast, and just after eight o'clock, Fu Jun and the administrative secretary came over with the information.

"Why so early?" Zhang Ke picked up the watch on the table and looked at it.

"Mr. Ye is in a hurry, should you hold a conference call now?" Fu Jun asked.

Ye Xiaotong was in labor, and Old Man Ye personally came forward to detain her in the old mansion so that she could have a child with peace of mind, and the administrative department was leaderless for a while, but Fu Jun temporarily took care of this piece, and there would be no chaos.

"You can bring me the final plan that Microsoft has submitted to us first, and let them have a conference call to discuss it first." Zhang Ke took the fax from Fu Jun that came back from the United States last night.

"Mr. Ye, they didn't sleep last night, and they are still waiting for the conference call to catch up on sleep," Fu Jun said, and took out another document and handed it to Zhang Ke, "Mr. Ye, the comprehensive opinions they discussed overnight are also here." ”

Convinced that Kumho had seen Kumho's intentions in a closed application environment, Microsoft gave up its efforts to lower prices in exchange for other more favorable terms, especially after Quantum Online's stock price skyrocketed on the Nasdaq yesterday.

In the final agreement submitted by Microsoft, it is clearly proposed that the model platform of combining global music online and dmp-iplayer hardware will facilitate the promotion of a new generation of audio format standards, and requires Kumho to have a clear plan to abandon the market profiteering strategy to expand iplayer's share of the portable music player market. In addition, Microsoft is required to enjoy the same level of treatment as Scober in terms of licensing the technology of iPlayer products.

Microsoft will pay Kumho US$900 million for the above additional terms and a 30% stake in Global Music Online, of course, US$900 million at the time of the announcement is only an equity acquisition and nothing else.

Kumho's additional terms of cooperation in the promotion of flash drive technology were agreed to by Microsoft, considering that it would also benefit.

Zhang Ke read the final plan submitted by Microsoft, and read the opinions of Ye Jianbin and their discussions overnight, asked Fu Jun to take a pen for him, signed the document, handed it to Fu Jun and said: "That's it, they all have a unified opinion, so what kind of meeting?" Today's millennium night, what should you do, you also go back to Haizhou, don't come back before the fourth, I made an appointment with Du Fei in the morning to play ball......"

Ye Jianbin was still sitting at the desk drinking coffee leisurely, the interface of the video conference had been opened, he was chatting with Chen Xinsheng and Su Jindong on the video interface, and when Zhang Ke's terminal was connected, he also put down the coffee cup excitedly, ready to catch Zhang Ke complaining about their hard work of not sleeping all night yesterday, but he didn't expect Fu Jun to show his face.

"Zhang Ke affirmed the final plan submitted by Microsoft, I will send you the electronic file of the signed document later, Zhang Ke hopes that everyone will not work too Millennium Night, and practice it, the video conference will be temporarily canceled, and I will not send New Year's greetings to everyone......"

Ye Jianbin shook his head and smiled bitterly, where can he drop the work in his hand as easily as he did? Since there is no objection, the agreement with Microsoft, Xiao Jincheng and Cheng Hanzhang officially signed an agreement with Microsoft in the United States, which can be regarded as a gift on the eve of the new millennium.

In addition, the terms of negotiations with Walden's venture capital firm and Goldman Sachs need to be revised.

Major new technology indices in Europe and the United States, such as the NASDAQ, have risen for a long time, and have almost doubled or tripled compared with the lows of previous years. European and American investors are still immersed in the dream that the Internet economy will prosper for a long time, although they all know that there is a bubble, but the rapid growth of the global Internet industry makes them believe that the bubble at this time will soon be digested by the real industry.

Taking China as an example, the total number of Internet users increased by more than 150 percent in '99, from 8 million at the end of '98 to 20 million at the end of '99, and the market has huge potential for development.

As the No. 1 Chinese portal and the only Chinese portal currently listed on the NASDAQ, Walden Fund Company, which participated in Quantum Online Venture Capital in the early days, also believes that Quantum Online's stock price has the potential to continue to rise.

The news that Sinochip Microchip will build two wafer factories at the same time has been boiling in the industry, and they also know that Kumho has an urgent need to cash out. Earlier, Quantum's online public shares were only 7.5 million shares, and once the 17 million shares held by ESS passed the lock-up period, they would quickly reduce their holdings in the short term, which would inevitably completely disrupt their original plans.

Such negotiations have already begun, and Kumho certainly cannot expect these investment companies to take over at market prices, and price negotiations are the most critical factor. Before last night, the stock price was only $21 per share, and just after overnight, it skyrocketed to $48 per share, and the results of the previous negotiations were almost nullified at this time. Now it is questionable whether people will continue to negotiate, after all, the revised price will also greatly exceed the previous predictions of these investment companies, which means more risk.

In any case, after the New Year's Day of the new millennium, ESS's shares of Quantum Online passed the lock-up period, and according to the previous plan, if there were no major investors to take over, they would start to reduce their holdings in the open market - the Sino-US bilateral agreement could be reached at such a critical period and stimulate the sharp increase in Quantum Online's stock price, which undoubtedly gave Kumho more than $400 million in cash, which is a windfall, and completely crushed Microsoft's efforts to reduce the price of global music online equity.

Kumho's top management has been entangled in the lack of funds, and if it can successfully reduce its holdings of Quantum Online's shares, plus Microsoft's payment for the equity acquisition of Global Music Online, Kumho will almost suddenly increase its cash holdings by $16.7 billion -- even if China Microchip builds two new wafer fabs, Kumho can also bear its share of the capital contribution obligation.

Ye Jianbin, Chen Xinsheng, Su Jindong and others were excited and couldn't sleep, and it was not without reason.

Quantum's online stock price skyrocketed overnight, and Yan Wenjie was jealous and envious in his heart. Who would have thought that a few websites founded by Tsinghua students have a market value of more than $2.7 billion today, not to mention the investors hidden behind Quantum Online, those founders have also skyrocketed, and Ma Xiangdong has become a hot spot in the media today with 1.9 million shares and a net worth of more than $90 million.

The facts again and again remind Yan Wenjie that his previous plan was too conservative.

After ESS announced the shareholding reduction plan, the market value of Quantum Online is still more than 2.7 billion US dollars, Amazon's market value is more than 26 billion US dollars, and Haisu Technology has e-commerce, Internet café industry, software industry, wafer manufacturing and other themes under its name.

Although the market value of Haisu Technology has increased to 5.8 billion at this time, which is almost the market value target set by Yan Wenjie at the beginning of the plan, it seems that it is still too conservative, and the market value of more than 20 billion cannot be regarded as an unrealistic fantasy, Quantum Online is a living example. Once the market value can reach 20 billion, it means that after May next year, they can raise more than 6 billion yuan at one time in the form of public issuance of new shares.

With these six billion funds, it can greatly alleviate the problem of capital hunger faced by the member companies of the Horizon system at this time.

Yan Wenjie did not want to give other retail investors or investment institutions the opportunity to get involved in Haisu Technology, as soon as the Shanghai and Shenzhen stock markets opened, the funds under Xintong Securities immediately raised the stock price of Haisu Technology to the upper limit; Affected by the good news of the signing of bilateral agreements between China and the United States, the Shanghai and Shenzhen stock markets are all red.

Xu Si took a car to Jianye at noon to find a calculation, and accompanied Zhang Ke to spend the Millennium Night that most people thought was of great significance. Zhang Ke regarded it as his holiday, in Xu Si to Jianye, and she went to Xinshi Street to eat and shop, the streets and alleys are also full of festive atmosphere with the efforts of major merchants, when choosing a scarf in the Oriental International Plaza, Zhang Ke received a call from Tang Jing:

"Thank God, the instructor of the French class had a severe chill last night, I'll rush to the airport now, and I'll see you in two and a half hours......"