Chapter 1161: This splendid wealth fireworks (2)
After reading the column of more than ten pages, Eric chatted with Chris for half an hour on the phone. Hanging up the phone, sitting in front of the computer to consider the problems that may be faced in the next period of time, came knocking at the door.
Looking up, Cindy stood at the door and looked at his expression, and said, "Eric, what happened?"
Eric leaned back against the leather chair and opened his hand to Cindy. The woman walked in and smiled and leaned in his arms.
Gently stroking on the slightly raised belly of Cindy, Eric chin squats on her shoulder and feels the seductive woman fragrance, saying: "How can I not rest for a while?"
"It’s already eight o'clock," Cindy licked her face and posted Eric's face. "The breakfast is ready."
Eric watched the time in the lower right corner of the computer monitor, but he did not get up. He said: "This time, let Linda live here, she can still take care of you."
"Well, she has actually moved over," Cindy nodded and took the initiative to pull up Eric and said, "Let's go eat first, I still have work in the morning."
Eric opened his mouth, but did not continue to advise Cindy to stop working. Anyway, the recording of the new season "American Supermodel Contest" will be completed next month. By that time, Cindy can stop and take maternity leave until the end of the birth of the little guy.
Simply washing it, Eric and Cindy came to the restaurant together, only a light pink long t-shirt with two long legs, Linda is placing breakfast. Seeing Eric and Cindy come in, I still don't forget to look at Eric for last night's things, and thoughtfully help Cindy open a chair.
Eric sat down at the table, just picked up the tableware and thought of one thing. For the two women: "I will go to Australia in early August. The executives of the firefly system are going to be there this year. You have to come together. ?"
"Australia is winter now?" Linda immediately shook her head. "I don't want to go, I am afraid of cold."
Cindy immediately remembered that Virginia was still in Australia, and Eric arranged the party there. There must be a reason for this. At this point, the man said that they would take them both, obviously intending to push them to the stage.
If you can identify yourself in front of the core executives of the firefly system, it will be of great benefit to both herself and the children in the abdomen. However, after hesitating for a moment, Cindy also shook his head: "Still, I am not suitable for the plane now, and I have been working with Linda in recent projects, and I can't walk."
Eric nodded: "That's it, let's talk next time."
Linda reacted at this time. When she heard that Cindy decided not to go, she couldn’t open her mouth anymore. She just sneaked into her flat belly and couldn’t help but feel a bit more resentment.
After breakfast, Eric first sent Cindy and Linda to the company to work, and he himself rushed to the Firefly Investment Headquarters.
It’s been nine o'clock. Eric came to the office of Firefly Investment Company in Building 50, Rockefeller Center. Under the guidance of the staff, he directly pushed into a conference room and found that Chris was alone. At the conference table, staring at a wall-mounted TV on the wall.
When Eric arrived, Chris nodded and greeted him, and immediately pointed to the TV screen.
Eric now recognizes that the TV screen is a middle-aged judge who he saw in the video a few days ago.
Coming to Chris and standing side by side with him at the conference table, Thomas Jackson on the screen is accepting an interview with CNN and showing the host a few pages of documents: "... After the evidence collection during this time, we can already be 100% Determining that Microsoft has a very serious monopolistic behavior. In my opinion, only by splitting Microsoft and making more stringent controls can it prevent the company from further damaging normal competition in the industry..."
Listening to the stern talks between the middle-aged judge and the cnn host, Eric raised his hand and looked at the watch, which was already 9:15, and only 15 minutes left from the Nasdaq.
Chris noticed Eric’s action and said: “It’s too late, and even if some people react, it’s impossible to respond effectively.”
Eric recognized the nod and understood Chris.
According to some statistics on the weekend, the short position of the short-selling positions on the Nasdaq index in the trading markets around the world is conservatively estimated to be no less than 60 billion US dollars. Such a large-scale capital force has a strong blow, the stock market of any country in the world. It is unbearable.
However, the current market value of the Nasdaq stock market has reached 9 trillion US dollars. Investors naturally do not want such a huge fortune to disappear as the stock market crashes. Therefore, if you can anticipate the layout of short-selling forces in advance, you can definitely make an effective counterattack.
However, too many people are immersed in the joy of the Nasdaq index just breaking through 5000 points, and have not been alert enough to the trend of the past few days.
Eric did anticipate this in advance, but the firefly system did not have any plans to make a head bird, let alone this strength. The collapse of the Nasdaq index that has been bubbled up is already an inevitable thing, and it will only be crushed to the ground.
Eric and Chris are calmly watching the situation in the conference room of Firefly Investment Company, but for the securities industry, this is not going to be a calm day.
With the rapid spread of the comments made by Microsoft's antitrust case trial judge Thomas Jackson in an interview with CNN, coupled with a series of observations on the weekend, whether it is premeditated or pre-emptive of the crisis, distributed in North America and the world. Stock managers everywhere have clearly found that the orders received to sell technology stocks today are significantly more than in the past.
Finally, at 9:30 in the morning, the Nasdaq index just opened, and a one-time over $1 billion stock sell-off directly put Microsoft's stock price more than 3 percentage points.
But this is far from over. In the next hour, almost all of the main technology stocks such as Yahoo!, Cisco, Intel, and Amazon in the Nasdaq stock market ushered in huge orders.
After the market's buying demand for technology stocks that were far from being able to hedge the sell-off was quickly offset, large stock sell orders began to squeeze, continuing to lower the share price of major technology stocks.
As a result, the panic began to spread.
More investors who got the news started to join the sell-off and quickly formed a terrible domino effect.
At 4 o'clock in the afternoon, the Nasdaq index finally closed at 4960, a drop of 9%. However, a series of mainstream technology stocks that have been sold in large numbers have suffered heavy losses.
Microsoft shares fell 3% in a single day.
Cisco shares fell 6% a day.
Yahoo's share price fell 5% in a single day.
Intel's share price fell 9%.
Amazon's share price fell 6% a day.
......
However, the fall figures behind the series that represent the tens of billions of dollars of wealth dissipated are just the beginning.
At the same time, in the face of a bleak Nasdaq market, Wall Street once again fully reflected its unruly side.
Last week, the major investment bank analysts who were arguing that they would innovate and hit the 6000-point mark again, have changed their tone at this time, almost lopsided in the investment value of technology stocks.
In the following four trading days, the Nasdaq index fell more than 100 points per day due to the further reaction of the chain reaction caused by the stock market crash.
Although up to the federal government, various new technology companies have tried to stabilize the Nasdaq index through various means, but the results have had little effect.
Since a large number of investors are in the last crazy period of the Nasdaq, in order to maximize profits, they are using investment leverage with impunity. This also greatly reduces the ability of these investors to withstand risks.
The investment leverage of five to ten times is generally used, so that investors can only bear a decline of 10% to 20% of a stock.
But in fact, many stocks tend to fall by more than 10% within a day.
As the situation continues to deteriorate, whether to sell stocks, or even the decision of investors themselves. In order to avoid losses reaching their own unbearable level, many financing institutions that provide financial guarantees for leveraged investors have to force the closing of stocks in the hands of customers. A large amount of throwing a single flow to the market, further causing a vicious circle of stock price decline.
On July 23, the nightmare of the new technology market finally ended. The Nasdaq index closed at 4373 points, a drop of 5% compared to the peak of 5056 points last week. The wealth of more than 1 trillion US dollars has disappeared.
A series of leading technology stocks that led the Nasdaq market in the previous period fell more than the entire Nasdaq market.
Influenced by Thomas Jackson’s comments on Monday, Microsoft’s share price fell by 7% in five days, and the market value slipped from a peak of more than $600 billion to $469.9 billion.
Cisco, which has just taken the world's first market value, has fallen by 9% in a week, and its market value has fallen back to $455.1 billion.
Yahoo, which has always been the most concerned, has also fallen by 5% in five days. This is within Eric’s tolerance, and the company’s market capitalization has remained above $200 billion, reaching $215.5 billion.
Firefly system Other Amazon, sprint, Qualcomm and other companies, the stock price has not been spared, all have experienced varying degrees of decline.
In contrast, Nokia, which was listed simultaneously in multiple stock exchanges, such as North America and Europe, was the least affected by the Nasdaq crash, coupled with its solid performance support, which was only 9% at the close on Friday. Falling.
In the evening, Bill Gates rushed to Manhattan in a week due to Thomas Jackson's statement on Monday, all the way to Eric's penthouse at the entrance to Sixth Avenue.
Bill Gates felt a sense of depression when he saw the figure sitting in the open-air garden seat, leaning his legs and reading the newspaper while drinking coffee.
Because of Microsoft's success, he has one of the most proud people in the world with huge wealth, but in the face of this young man, Bill Gates is always difficult to find a sense of superiority.
Sitting down on a chair unceremoniously, Bill Gates glanced at the newspaper in Eric's hand and said, "Eric, you better give a reason to satisfy me."
Eric put the newspaper in front of him, poured a cup of coffee to the students, pointed to the direction of the Hudson River not far away, and smiled: "Suddenly I think I should put a fireworks recently, so I bought one." The boat starts at eight o'clock."
Bill Gates didn't touch the coffee in front of him, and subconsciously helped his glasses, saying: "Eric, don't you think it's boring?"
"Well," Eric put away his expression, but it was obviously still a helpless look. "We are talking about business. The situation is very bad. Yahoo needs some good news. Microsoft is the same, so we cooperate. What?"
Bill Gates reveals a contemptuous look: "And then?"
Eric handed a folder to Bill Gates and opened the laptop next to him. "I have drawn up the contract. However, let's take a look at this, you will definitely be interested, um, some Long, or look directly from here."
Eric said, adjust the progress bar, turn the laptop screen to the door, and press the play button.
A sound familiar to Bill Gates came out of the speaker.
"The publication of such an out-of-court trial in front of the public is a serious violation of the judicial process, which is likely to ruin my career. Therefore, $2 million is not enough. If successful, you will need to pay me 300 more. Ten thousand U.S. dollars."
"Thomas, you are too greedy, and $2 million is already a big sum."
"Don't think I don't understand this, Dean. According to your short size, if the Nasdaq crashes, you can earn at least billions of dollars. So, this is not a negotiation."
The video was silent for a moment, and another voice rang again: "Okay, I promise you."
Eric looked at Bill Gates, the bigger and bigger eyeball opposite, and reached out and grabbed the laptop, picking it up and taking it back.
Like Gate Wake up from his sleep, Bill Gates jerked his head and glanced at Eric. He blinked and realized that he was in the situation. He put up his expression: "Eric, you are doing this. illegal."
Eric pointed to the direction of the door and shrugged: "If you are not interested, then you will be free."
Bill Gates swallowed a slobber and stabbed with Eric for a moment, or picked up the folder he had just handed over.
After a quick turn over, Bill Gates quickly put down, saying: "Abandoning the share subscription contract, this is fine. But Yahoo! browser continues to enjoy its original status on the Microsoft platform, which is impossible."
"I didn't think about this kind of good thing," Eric said. "You certainly haven't looked carefully. Yahoo can pay Microsoft a $1 pre-installed fee for each operating system."
"But this is equivalent to less than $50 million a year, Eric, if you are, are you willing?"
"Of course I don't want to," Eric patted the laptop in front of him: "So, this is Yahoo's compensation for Microsoft."
"This video doesn't necessarily help Microsoft," Bill Gates pretended to dismiss: "Once it is exposed, it may even be counterproductive."
"So, so far, people who have seen this video plus you have just gotten a hand," Eric said: "I have been thinking about this issue recently, standing in our position, often very It’s hard to do something as much as I want. Too often, we have to make compromises. Like this video, my first thought was to expose it and then stand next to it to see the excitement. But then I discovered that If you don't expose it, it seems that it will bring some benefits. Of course, this is for Microsoft, fireflies can't use this thing."
Bill Gates narrowed his eyes: "Eric, are you suggesting that I threaten the Justice Department?"
"It’s just a negotiation," Eric shrugged. "Microsoft is now a victim, even a persecutor. So even the president has to compromise. It’s hard to know that Clinton can’t pass it now. There was another political storm. But the current situation is that a middle-aged judge has caused a collapse of the entire Nasdaq market for his own self-interest. The trillions of dollars of wealth have vanished like a fireworks. I listen. It is said that investors who have jumped from the bankruptcy this week have already appeared. So, once the scandal in the video is exposed, Thomas Jackson will definitely become the target of criticism, but the Clinton administration, which has always strongly advocated investigating Microsoft, can never be left out. Even if it can no longer happen. The second impeachment, but countless angry investors who suffered heavy losses in the stock market crash were enough to end the Clintons’ political career, which is exactly what they are most afraid of."