In 2000, the Internet bubble just burst, and it would be impossible to say that it had nothing to do with the "millennial bug".

When the "millennial bug" hit, many Internet companies were impacted, and the losses will only be further exacerbated.

At this time, Wujiang Group has solved the millennial bug problem as quickly as possible.

The millennial bug problem may seem simple, but it's not.

It's not something that can be changed in a matter of time.

The date issue involves all levels of the system, including hardware clocks, operating systems, system software, middle-tier software, third-party vendor packages, and a large number of user-developed applications. Among the thousands of programs, how do you find items that are relevant to your schedule? A large amount of important data (including files, database data, etc.), which ones are related to dates? In what place? How to modify? Statistics show that 40%~98% of programs and 20%~85% of data files will be affected by the current period.

A month later, Borderless basically solved all millennial problems, including the customer's millennial problem.

Wujiang Group, which was the first to solve the millennial bug problem, has also been highly sought after by the media and consumers.

Wujiang Group's Hongmeng system, Shenzhou computer, ibook notebook, Pangu super computing, Fuxi database and Nuwa server were very popular for a while.

In the eyes of the average consumer, the millennial bug is more or less a computer virus.

Other companies can't kill this virus, only Wujiang Group can, so when buying a computer, of course, they will choose Wujiang Group's products.

……

Since February, major Internet companies around the world have released financial statements.

Boy! The data on the report directly confused many investors!

Businesses are losing more money than they thought.

Many companies are on the verge of bankruptcy.

The sudden outbreak of the millennial bug problem has cooled down the already crazy global Internet, and now the miserable financial statements of major Internet companies have dried up to freezing!

Of course, many people have already fallen into madness and can't help themselves.

The Nasdaq index has also been increasing, and by the end of February, it had already exceeded 5,000 points.

Country M.

"Isn't this bubble a little too big, the NASDAQ index has risen to 5,000 points! Which country's central bank can stand this price-earnings ratio of more than 200! Fed Chairman Alan Greenspan said with a worried look on his face.

The colleagues around him nodded incessantly.

Greenspan said: "We need to discourage investment and announce large interest rate hikes to pre-1995 levels, which will raise the cost of liquidity and encourage people to be more cautious when investing." ”

As soon as the voice fell, everyone echoed and expressed their support.

Soon, the news was released.

Countless people have complained.

He led the interest rate cut before the Internet bubble, and now he is raising interest rates again, Nima's, if it weren't for his many remarks and policies that contributed to the inflated valuations of Internet companies, could the bubble be as serious as it is now?

Success is also Xiao He, defeat is also Xiao He.

The Fed's interest rate hike sent the market's uncertainty soaring, just waiting for the moment it broke out.

March 20th.

Barron's, a well-known financial magazine, published a cover article called "Burning Up," revealing the dire state of these Internet companies:

"Among the 200 Internet companies surveyed, 85% of the companies have negative profits, 60 companies will run out of cash within 12 months, many Internet company founders and early investors are doing their best to cash out, the flow of funds from the old economic system to the new economic system is about to run out, and Internet companies that have no money to burn and no money to make are about to fall off the altar ......"

As soon as this article called "Burn Down" was released, it became the last straw that broke the camel's back!

The share prices of internet companies are in free fall.

Investors began to panic sell.

"Oh God, the NASDAQ avalanche, the stock prices of countless Internet companies have plummeted wildly! It's over, the dot-com bubble has burst! ”

Howard said in horror, and sat down on the ground without realizing it.

At this point, the NASDAQ was in chaos.

The entire stock market was in a panic.

Howard is just one of thousands of M shareholders.

A week later, the Nasdaq had plummeted by 25%, even by 9% on March 29 alone.

……

On the Chinese side, the impact of the bursting of the Internet bubble is also very great, and many domestic Internet companies have encountered an unprecedented crisis.

Except for the Internet companies under the Wujiang Group, which have already made full preparations, the other Internet companies are a little caught off guard.

At this time, the most depressed are those Internet companies that are about to go public on the NASDAQ in country M.

However, after the bursting of the Internet bubble, it is impossible to go public and raise funds through an IPO.

Lenovo's company portal FM365, the development is OK, and it can already be compared with Sina, Sohu, and NetEase, known as the "four small portals". The big portal is the borderless portal.

FM365 seems to have run out of luck, though.

When preparing for the IPO, it was just in time for the Internet winter.

In the chairman's office of Lenovo, Liu Chuan's face was dull.

The FM365 website is about to burn out, so it is counting on IPO listing for financing.

However, now it is not only impossible to go public, but it is also difficult to raise funds.

The world's major investment companies will not invest in Internet companies at this time, isn't it just a toilet lighting - looking for (death)!

"That's the portal that our Lenovo company spent a lot of money to ask Cheng Long to endorse, and it was so cold...... "Liu Chuanzhi muttered, and the whole person was almost desperate.

You said it's not good to ask someone to endorse, you have to invite Cheng Long, can you not be happy if you are cold?

……

Zhao Ye didn't know that he didn't deliberately suppress Lenovo's FM365 portal, and as a result, it cooled down on its own.

It's not even a good opponent.

"Dong Zhao, as you expected, the NASDAQ collapsed!!" Lu Maoshi, Zhou Anping, Liu Yinyin and others looked excited.

The outside world may not know that "Barron's" has actually been secretly acquired by an overseas offshore company of the Wujiang Group, and the article "Burn Out" was also written by Zhao Ye.

Its purpose is to take the initiative to detonate the bomb of the Internet bubble.

At the moment when the Federal Reserve announced the interest rate hike, Zhao Ye already knew that this was stable!

Zhao Ye makes people crazy about shorting NASDAQ!

Zhao Ye is not afraid of offending country M now, anyway, he will not go to country M easily in his life, since this is the case, why should he be polite to country M!

Crazy shorting, that's it!

The dot-com winter has lasted for at least two years, which means that the Nasdaq will fall for two consecutive years.

Zhao Ye didn't know that in September next year, the M Council would not be like the incident that broke out in his previous life, but he had already prepared in advance.

Employees have moved from the World Trade Center in New York to other places more than a year ahead of schedule, and the main focus is safety.

There is also a mobile phone layout in advance, and the BlackBerry brand must be acquired, not because of fear of competition, but mainly because of monopolizing the market.

When the communication network goes down, people's mobile phones become decorations.

If there are two brands of mobile phones that can work normally, it will distract users' desire to shop, and the popularity of mobile phone brands will also decrease, which is obviously not enough to maximize benefits.

Something is the most valuable and eye-catching only when it is "unique".

Straight to the point.

Before the Nasdaq avalanche, Zhao Ye had quietly spent $25 billion to short the Nasdaq index. As the Nasdaq index plummeted, Zhao Ye once again invested a lot of money and increased his efforts to short.

Moreover, Zhao Ye is not the only one who is shorting the NASDAQ now.

Other institutions, corporations, and individuals, including international travel capital, are also shorting the NASDAQ.

Even the major consortia in country M are shorting the NASDAQ with no ambiguity.

Bailing out the market or something, that's the government's business, I'm just getting back to the blood - that's what many M consortia think.

Zhao Ye only felt that it was too easy to make money from the stock market of country M, and country M was a super ATM.

In other words, I'm afraid that if it weren't for this kind of self-involvement, the economy would have declined even more seriously!

……

The NASDAQ plummeted, and countless Internet companies went bankrupt and collapsed.

The valuation of the Borderless portal has been cut in half, with a market capitalization of less than $250 billion, and it continues to plummet. Other sites such as Alibaba, Amazon, and Taobao are similar.

Zhao Ye estimates that the market value of most Internet companies has fallen by at least 75%, and more than 90% in serious cases.

At the same time, there are countless companies that have been implicated, and many communications companies and hardware companies, such as Cisco and Sun, have fallen worse than the Borderless Portal.

By the end of April.

The market capitalization of the borderless portal fell by $100 billion.

Cisco, Sun and other companies have lost 80% of their market capitalization.

The shareholders of M are mourning all over the country!

Many people in country M have started to do free fall, and the picture is really unbearable to look at.

……

(End of chapter)