Jim Clark and Wall Street are not stupid people who will watch the stock price plummet after the lifting of the ban, and they have taken a lot of targeted precautions in advance, such as signing a new agreement with Song Ya, a humble but very influential minority shareholder. If you want to sell, Song Ya can only sell shares in batches at different times, and most of them must find institutional buyers in the primary market according to the regulations, so as not to bring too much volatility and panic to the secondary market.

They should also have designed a series of good news to be released in '96 to stabilize the confidence of stock holders, but the specific inside story is not clear.

On January 31, Netscape announced that they had spent 161 million to get Insoft's Internet audio and video standards, and on February 1, the stock price rose sharply, standing back to the 120 knife range in one fell swoop, indicating that everyone thinks this is good news.

Of course, it is not necessarily, everyone who plays stocks knows that the surge of stocks in the big bull market often only needs one opportunity, which basically has nothing to do with the specific operating conditions of the company. Increased profits? Rose! Reduced profits? That is a necessary investment to expand the market share, and the long-term is optimistic and up! The company sues? Rose! Defendant? It shows that it poses a threat to competitors and continues to rise! Major shareholders buy back shares? So confident in your company? Of course it has to go up! Sell stocks? Why don't you take the opportunity to grab it? It also rises! Executives getting married? It represents a good expectation of the future income level of the individual, rise! Divorce? Hehe, the company is in good condition, and the managers dare to change their wives, and it is also rising!

The Great Bear Market is almost the same, except that the ups and downs turn into falls, and all interpretations are negative.

After entering the ninety-six years, the stock market of the United States has entered a grand bull market mood, and everyone likes to hear it, especially the ruling commander, and the economy must not have problems this year, because it is an election year.

Also on February 1, the Commander-in-Chief signed the Telecommunications Act, the largest reform of the telecommunications industry since 1934.

In fact, for large companies that are keen to promote the bill, there is also a danger hidden in the opportunity, they are the industry leaders, and in order to maintain market share in the future, they must join the arms race that you chase after me, but they may fall behind because of the rashness or management level can not keep up.

But no one expected that the first shot of the merger and acquisition was a fringe company in the outdoor advertising and broadcasting industry: Clear Media. After breaking free from the shackles, they immediately launched a frantic offer to the owners of small and medium-sized radio stations in the whole country, claiming to create a super radio alliance in this declining industry to improve market share, industry efficiency and bargaining power for advertisers.

Song Ya also received that Clear Media bid for a little more than 30 percent of the shares of the Inner City Broadcasting Company in his hand was only 17 million dollars, which was about half of what he invested at the beginning.

"Clear Media told me that if I missed this opportunity, I would miss it forever, and that they didn't have the energy to negotiate more nuancedly."

Song Ya, of course, was reluctant and complained while playing with O'Grady at the University of Chicago's squash court: "Of course I don't sell, but Mr. Dingkins quietly revealed that there are other shareholders of the inner city broadcasting company who have also received offers from Clear Media." ”

"Business is business, don't be so vigilant when you first contact APLUS, clear media has a clear goal, expand their advertising alliance influence, and use investors' optimism about telecom mergers and acquisitions to increase the stock price. They don't have any interest in the media position of the Inner City Broadcasting Company at all, which is definitely a great thing for you and the Inner City Broadcasting Company, if you can negotiate a good terms of cooperation......"

O'Grady, an old friend of his who first met in the amateur division of the Windy City Championship in Chicago, waved his racket and said, "On the bright side, haven't you been anxious about the outside world's disapproval of the inner city broadcaster?" After the passage of the telecommunications bill, there are finally companies that are interested and offering, and it is the first time, isn't it a good phenomenon? ”

"Hmm."

Song Ya agrees, "But if I don't sell, they may start a power struggle against my board of directors for exclusive advertising agency rights to the inner city broadcaster, if they collect enough shares of other shareholders." ”

"How are you going to deal with it?"

O'Grady asked, "Actually, it's nothing, you have a basis for mutually beneficial cooperation." ”

"I don't know, I don't know ......"

Song Ya muttered to himself, throwing a total of more than 50 million dollars in the media industry, far behind his return rate in other industries, no, there is no possibility of positive returns in money at present.

In other respects, he can only know bitterly.

Political and media influence? Greatly expanded, but also created a new enemy for this, judging from Jesse Helms's reaction after he put A+CN in a cage, it was caused by Gordon's pursuit of a black man who was shot and killed by a local police officer in Charlotte.

But now admit it and leave? He was reluctant to ......

"Yes, not in a hurry."

O'Grady didn't come to play with him for this, "Uh, that, Apple's stock has fallen below a knife again, do you want to make up for it a little more?" ”

“Fxxk！” Song Ya scolded a swear word and hit a heavy ball, "Such a big bull market has plummeted against the market, Apple is simply a shame for technology companies!" ”

"Hehe...... O'Grady didn't catch it, he sneered and picked up the ball, no way, who told him that he suggested that the average price was reduced to 1.3 dollars last time on a large scale, "Do you still make up for it?" ”

"Nope! No money! ”

Song Ya really has no money now, Sony Columbia Records has settled last year's record income to Mariah Carey at the end of January, and for his A+ record, the newly held Stringer and John Cali have delayed with the excuse that they can't complete the payment for the time being.

This is not a good sign, the possibility of Sony Columbia Records, Motula, Jesse Helms, and Danburton joining forces to launch a raid at a congressional hearing last time has not been ruled out, and he has already intervened with Samuel's Coopers firm, and if he doesn't pay it off in February, he is ready to follow the old operation of the year and enter the legal process to pursue it.

And this month, before the Netscape stock price transaction agreed with the tycoon Picaul in the middle of the Netscape new acquisition, Song Ya was also very unhappy with O'Grady in this matter, and there is no doubt about this year's bull market, Microsoft's IE2.0 is not enough to play, and Netscape stock is obviously going to rise.

But how could it have been expected until the agreement with Picaur was finalized? Moreover, Sony Columbia Records does not settle, and Song Ya does lack liquidity. Selling stocks? No, most of the stocks of technology companies he owns are now rising wildly, otherwise how could he scold Apple for being a shame for technology companies.

"I'd like to take the time to take the initiative to pay a visit to Mr. Picault."

O'Grady was embarrassed by the two deals, "You know, their old-school plutch is very particular about long-term friendships with business partners, maybe I can convince him to change the deal date to late February?" ”

"Can you do it?"

That's the best, if it weren't for Gordon finally giving his hands once, freeing up the cost of maintaining operations for A+CN before the 10 million promotion funds were in place, Song Ya would really not be able to open the pot. Divorce will cause him to lose a large amount of mortgageable real estate, A+CN can't borrow much money on his own, this year he also has to set aside the cost of hiring a dream lawyer, although the possibility is not high, but it is a matter of prison, for the sake of safety, you must not wait until the end of the matter to cling to Buddha's feet, I heard that Simpson is to urgently raise money to spend a large amount of additional interest.

"I think so, you'd better come with me? He was a very low-key but cooperative tycoon. "O'Grady packed the ticket to make up for it.

"Okay."

After the two finished playing, Song Ya dialed Alicia's phone before taking a shower, "I'll go to your law firm and talk about A+CN?" ”

"Okay, yes......" came the sound of flipping papers, "I won't have time until after seven, if you're not too late." ”

“OK。” Hehe, "By the way, do you know how Gordon got the money to rent a new studio?" ”

"Fees? No, A+CN didn't have this expense, and Gordon borrowed A+CN's free time in the studio in Chicago for A+CN through personal connections. ”

"Hapu Entertainment? That's Oprah's company, right? Song Ya frowned.

"Strictly speaking, she is not a major shareholder, but it can be said that she has absolute control over the specific operation of that company."