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a few hours later
Peninsula Villa
"Okay, great! Immediately contact Mr. Montgomery Jr. to prepare the contract text, and immediately fly to Yanjing City to sign a formal contract. We can't make mistakes again, and we must do things as safely as possible."
"Chairman, I'll do it now."
Yu Chengde, Director of the Secretary Department, nodded in agreement, and left in a hurry.
Wang Yaocheng looked at the two fax documents in his hand in a good mood and smiled happily.
? The first faxed document was an official letter from the National Association of Securities Dealers and Exchanges, which is the management agency of the Nasdaq market and represents the official opinion of the Nasdaq market.
Formal response to Red Hat's allegations in the official letter;
?After investigation, Microsoft's actions in the acquisition of Netscape were in line with market rules, Red Hat's allegations were not established, and the request for an injunction in the lawsuit was rejected.
This result has long been foreseen, and this round of procedures is still inevitable.
As one of the most powerful companies in the world, Microsoft has an experienced legal team. It is impossible to make low-level mistakes in corporate mergers and acquisitions, leaving a small pigtail for Red Hat to lead.
Admittedly, in just two days, it is impossible for any company to collect chips enough to change the controlling stake in the market, and no one can do this.
? Utilize different branch companies to absorb the floating chips in the market for a long time, and grasp the right to speak without showing off. The final effort was to carry out equity delivery in the bulk trading market, touch the line of raising placards, and publicly issue continuous placarding announcements.
This is a common practice in corporate mergers and acquisitions, and it is also a very effective method of mergers and acquisitions. There is no problem in the procedure.
The strong protest of Red Hat is just a small wave in the Nasdaq market, and it will disappear soon, and no one will care.
With the merger and acquisition dust settled, Mr. Stephen Ballmer officially became the chairman, and Red Hat has almost no fight back.
According to the price performance of the Nasdaq stock market, Netscape's good news has turned negative. The stock price fell from the peak of 157.2 US dollars per share to 141.6 US dollars per share.
This stock price level is still much higher than the original level of 80-86 US dollars per share, and the total market value of Netscape has reached 14.1 billion US dollars, showing strong confidence in the market.
In the original history;
When Netscape was established 16 months ago, it had no profit, but its market capitalization reached 7.1 billion US dollars on the day of listing, and exceeded 20 billion US dollars by the end of the year. Netscape co-founder Jim Clark is a Silicon Valley legend.
Internet thinking is largely created by Netscape.
After Netscape, no one measures a technology company by its profit margin. That is a very low idea, which means that you are completely out of touch with the wave of the information revolution, and people start talking about the number of users and clicks.
Today, history has been changed beyond recognition.
? Netscape¡¯s latest third-quarter report made a net profit of 45 million US dollars. Compared with the first quarterly report of 26.5 million US dollars and the second quarter report of 34.8 million US dollars, it still maintained a rapid growth of more than 30%.
Compared with the same period in history, the growth rate is astonishing as much as seven times, showing extremely impressive performance, which will surely ignite a new round of investor enthusiasm.
This kind of meticulously concocted beautiful performance will reach its peak in the fourth quarter, and it will be unsustainable in the future
Although raising a large amount of funds in the open market, Netscape did not invest heavily in dedicated enterprise server groups, but instead took the approach of leasing, paying a high price of more than 13 million US dollars per quarter.
By 1994, the communication companies will substantially increase the rental fee, the increase will be between 30% and 50%, and Microsoft will have a headache for specific negotiations.
?Building an enterprise-level server with super data exchange capabilities can handle tens of millions of data access volumes. In the current era of high memory prices, hundreds of millions of dollars can easily be burned.
Wang Yaocheng would never do such a stupid thing of being married to someone else.
All he had to do was to drain Netscape's cash pool, leaving a riddled mess for a strong successor.
Only a very few people in power know the real situation of the company.
There is a problem of unequal information. The specific operating conditions of Netscape, such as investment intentions and profit and loss, can only be reflected in the year-end report, and the Nasdaq market is ignorant of this.
? The market is extremely enthusiastic about high-tech Internet companies, and the fanatical sentiment is rising one after another. The entry of the powerful Microsoft company is unanimously welcomed by the market.?The park, a pedestrian street with a kilometer of ancient buildings, and an underground commercial street.
Compared with the original project plan, there are three changes in the plan. ;
The first change is that the investment has changed from 130 yuan to 1.8 billion US dollars. Because the RMB exchange rate has depreciated from 5.5 to 8.27 per dollar, the investment pressure has been reduced.
The second change is to add an underground commercial street.
The third change is that the construction period is shortened from eight years to seven years, the construction project time is shortened by one year, and the quality requirements are higher.
In general
The architectural style of the Pacific Plaza project is mainly in the Ming Dynasty, which is consistent with the overall architectural style of Yanjing City. It incorporates the grandeur of the strong Han Dynasty and the gorgeousness of the Tang Dynasty. .
? With multiple eaves and overlapping peaks, there are views everywhere
The overall Pacific Plaza project adopts the scheme of the design team led by Professor Liu Hanmo of Huaqing University, which represents the highest level of domestic architectural design.
really interpreted that sentence;
Only what belongs to the nation is what belongs to the world.
Wang Yaocheng thought about it. The initial development funds of 220 million US dollars were allocated from Red Hat, and with the start-up funds of 30 million US dollars paid last year, it would not be a problem to support the smooth progress of the project.
? Calculate the money you can control at hand. In addition to Hong Kong securities accounts,
There was originally 540 million U.S. dollars in the Red Hat account. After discovering that Netscape¡¯s stock had changed, most of the remaining 282 million U.S. dollars in the Netscape account were gradually withdrawn from Netscape.
In the end, only more than 2 million liquid funds remained in the Netscape account.
The total amount of funds in Red Hat's account reached 820 million U.S. dollars, and 220 million U.S. dollars was withdrawn to promote the Pacific Plaza project, and it still holds a huge sum of 600 million U.S. dollars.
The Huaizhou eight-inch wafer production base has entered the equipment installation stage, and the project still has a final payment of about 100 million U.S. dollars, which needs to be paid before the end of the year.
Calculated in this way, Red Hat bears a total of US$1.4 billion in bank loans from Citibank. The account can retain 500 million U.S. dollars in liquidity, which can be used for Yahoo's second round of IPO financing and other M&A development projects, and the capital is still abundant.
It is impossible for real estate development projects to use all their own funds. Most of them rely on bank loans. It is already very abundant to have 30% of their own funds.
In this way,
The Pacific Plaza project cost 250 million U.S. dollars, excluding a total of 120 million U.S. dollars for demolition and relocation, the earthwork project was handed over to the Pacific Construction Company, and the remaining funds were sufficient to meet the pre-construction needs of the project.
When you are reborn into this world, you have to leave something behind.
The Pacific Plaza project entrusts Wang Yaocheng with a beautiful dream, and it can bring stable income. It is a chicken that lays golden eggs, and there is no reason to let it go.
Instead of giving money to the Swire Group, it is better to keep it in your own hands, and the Swire Group can rest wherever it is cool.
One of the characteristics of Swire Group's development projects is that they are slow.
Take Taikoo Shing, Hong Kong as an example;
In early 1970, Swire Dockyard moved to Tsing Yi Island and changed its name to "United Dockyard". In 1972, Swire Properties was established to carry out real estate development on the original site.
From 1975 to 1985, Swire Properties built two high-end buildings, Seaview Garden and Haitian Garden.
From 1982 to 1992, Phase I to Phase IV of Swire Center were completed respectively, becoming the largest shopping center in the East District of Hong Kong Island.
A Taikoo shipyard has not been fully developed after 20 years, which embodies the essence of steady water and long flow.
Swire Group is a veteran Hong Kong businessman with severe procrastination. The No. 1 Chang'an Avenue project in Yanjing City was handed over to him, and the development could not be completed in 20 years.
The 16-year overall development plan was submitted, and the leaders who originally supported the Swire Group were dumbfounded;
this¡¡
Are you kidding me?
?Thinking carefully, no one dares to imagine that the core of Chang'an Avenue in Yanjing City is always surrounded by scaffolding.
16 years, almost a generation, don't talk about political achievements, everything is ruined.
Swire Group adheres to the British's always proud and stubborn attitude, and it is difficult to communicate, which is the key factor for the turnaround of this project.
Don't be afraid of opponents who are like gods, but teammates who are like pigs.
In the final analysis, what Wang Yaocheng really should be grateful for is this group of British guys with rigid thinking, who stubbornly and rigidly preserve their own traditions, and are completely out of touch with the ever-changing land of China.
What is the most popular now?
It is the spirit of pioneering cattle, the speed of Shenzhen with one floor per day, and the spirit of the special zone determined to reform and innovate. It represents profound changes from the inside to the outside, and the determination to develop. All must be eliminated.
The impetuous mentality of longing for leapfrog development is reflected in all levels of the economy, from top to bottom are eager to make dazzling achievements, and the real estate bubble in Haidao Province is just a microcosm of it. (Remember the site URL: www.hlnovel.com)??Profound reform, the determination to long for development, to rise in the face of the east wind of reform, and everything that cannot adapt will be eliminated.
The impetuous mentality of longing for leapfrog development is reflected in all levels of the economy, from top to bottom are eager to make dazzling achievements, and the real estate bubble in Haidao Province is just a microcosm of it. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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