Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in oicq.net -> Romance -> Looking back at 1991

Chapter 206 Short Selling Netscape

Previous page        Return to Catalog        Next page

    You can search "Looking Back 1991" in Baidu to find the latest chapter!

    Scenic Palm Beach

    He gave a risk warning lesson to a group of high-level executives. Wang Yaocheng went to Palm Beach for vacation leisurely. Julia Roberts has a holiday villa here, and the surrounding environment is very beautiful.  None of them participated.

    ? For Wang Yaocheng, Netscape is a thing of the past and not worthy of attention.

    On the green lawn, Wang Yaocheng was lying on a lounge chair wearing sunglasses, bathing in the mild winter sunshine.

    Julia Roberts, dressed in light-colored casual attire, walked out of the leisure villa full of Mediterranean style, holding freshly squeezed fresh juice in her hand.

    "Honey, this is yours."

    "Oh, thank you! Julia, you are so sweet."

    Julia Roberts showed a sweet smile, leaned over and kissed Wang Yaocheng's cheek, and lay quietly sideways on the lounge chair next to her, with beautiful lines outlined under her clothes.

    Wang Yaocheng took a sip of the juice and felt that the taste was good; "This time, I cooperated with the black movie star Wesley Snipes and participated in the "Blade Warrior" invested and shot by Marvel Corporation. How do you feel?"

    "The movie is still that scumbag?"

    "Hehe, let's talk about everything anyway."

    Julia Roberts frowned and said; "I have never worked with Wesley Snipes before, but I know that he is a standard scumbag, domestic violence, alcoholism, chaotic relationships between men and women and  He is ambiguous with gangsters, but his skills are really good, and his performance is also qualified. It should be said that the role in the film is quite brilliant.

    As for the whole film, under the excellent control of senior director Stephen Norrington, the box office results are worth looking forward to. It should be a qualified popcorn film with a novel theme, and the box office may explode.  "

    "The evaluation is quite high, so I have confidence. At least this A-level production is unlikely to lose money." Wang Yaocheng is in a good mood;  Dilemma, that's enough."

    "Honey, I heard that Wesley Snipes has signed a three-step film contract. Do you think so much about him?"

    "I'm not optimistic about him. I'm optimistic about the script of "Blade Warrior". The content of the script is a trilogy. Why don't you sign it all at once? It's cheap, isn't it?"

    "How much?"

    "11 million US dollars, the first part is 3 million, and the next two parts are 4 million. If the box office of the first part of "Blade Warrior" is satisfactory, the second and third parts will be filmed consecutively and released every other year. In this way, as much as possible  reduce costs.¡±

    "Hollywood has always released the next one every three to five years for this kind of successful series, and the flow is long." Julia Roberts finally admired; "My God! You are really good at doing business, I feel  The box office of "Blade Warrior" will not be bad. If the box office hits, Wesley Snipes will be paid at least 10 million US dollars for a movie. Now you can save this money and prepare to shoot the second and third movies.  .¡±

    "That's what I mean too. Launching one film a year while the iron is hot will tap the potential of the "Blade Warrior" trilogy. This will be very helpful to improve the current predicament of Marvel. After all, helping Marvel to get on the right track is  It's urgent."

    "Then why didn't I sign three films?"

    "Because you are my woman, you must have a salary that matches your worth."

    Julia smiled and was very satisfied with Wang Yaocheng's answer, which was clear and unambiguous.

    The United States is a complete commercial society, and the spirit of contract is deeply rooted in the hearts of the people. American people are not ashamed of speaking profitably, even between parents and their children or couples.

    The Marvel company owned by Wang Yaocheng clearly conveyed the benefits. The original heroine of "Blade Warrior" was proposed to be the second-tier actress Qixi Lords, but Wang Yaocheng vetoed it and replaced it with his girlfriend Julia Roberts.

    According to definite information;

    After losing this important role, Qixi Lords cried bitterly. Such a large-scale commercial film may be the most important threshold for her to become a first-line actress.

    The competition in Hollywood is cruel and fierce. White actresses and black actresses do not overlap, but between white actresses who are pure and sexy and white actresses, there must be a competitive relationship between you and me, and you cannot take half a step back.

    One more point of your chance, all my chances will be lost, not one point less.

    How many big Hollywood A-level productions can there be every year?

    ? There are no more than 40 films in total. Among them, there are war films and prison films that do not require a heroine ~ such as "The Shawshank Redemption", characters.?The high-tech software company hates it.

    If you look through Microsoft's lawsuits over the years, you can see how hated they are. They use their market dominance to bundle sales, spare no effort to suppress competitors, patent litigation drags down rivals, and mergers and acquisitions if it doesn't work. All kinds of competitive methods are used.  Extremely.

    Go the way of others and let others have no way to go.

    Only such ruthless characters can stand out in the brutal market competition. This is the law of the jungle where the weak prey on the strong.

    At the beginning of December 1993,

    Following the fierce quarrel on the board of directors of Netscape, the profound contradiction between the largest shareholder Microsoft and the second largest shareholder Red Hat was revealed to the world for the first time, which caused an uproar in the media and public opinion.

    However, regarding the reasons for the quarrel, the two parties tacitly kept silent, and did not publicly disclose the news of the transfer of the Navigator browser patent pool.

    This kind of news is undoubtedly a heavy blow to Netscape's stock price. Out of common interests, both parties are unwilling to face the fact.

    After the board of directors passed the resolution, the patent transaction date was artificially postponed to the beginning of 1994, and the income could not be reflected in the 1993 annual report, but only mentioned in the Netscape annual report;

    Netscape intends to expand cooperation with major shareholder Microsoft Corporation, including marketing, corporate governance, patent authorization, technology research and development, and corporate culture, to further promote the rationalization of the company's structure.

    a day later

    Red Hat officially announced that it would reduce its holdings of Netscape stock. In the following two weeks, it issued three announcements, reducing its holdings to 14.3% through the market, cashing out 2.57 billion U.S. dollars, and the average trading price reached 182 U.S. dollars per share.  , not decreasing but increasing compared to before.

    The market is unanimously optimistic about the combination of the two giants in the software industry. Near the end of the year, the stock price of Netscape has been rising steadily, reaching a peak of 207.3 US dollars per share, showing the enthusiasm of the market to do more.

    Although experienced three large-scale reductions by the second largest shareholder, Red Hat, the stock price rebounded quickly after a short-term decline, and remained at a high level of 185-190 US dollars, once again showing strong confidence in the market.

    On December 24th, Microsoft issued a shareholding reduction announcement, reducing its shareholding ratio to 33% in two times, cashing out 1.66 billion U.S. dollars in the market, successfully reducing its own losses, and handing over the chips to those who thought they had picked up a bargain.  investor.

    Affected by this news, Netscape's stock price once again dropped to 158 US dollars and stabilized, showing that market confidence is unstable.

    After Christmas

    With the appearance of Netscape's four seasons reports and the gorgeous 1993 annual report, investors' confidence was stimulated again, and Netscape's stock price soared to $211 per share, setting a new record high.

    At this time, Red Hat issued another announcement saying;

    After friendly negotiation between the two parties, an equity swap agreement was reached with HSBC. The 10% equity in Netscape in hand was exchanged for 30% of Cathay Pacific Airways, 17% of HAECO, and 13% of Swire Hong Kong¡¯s shares held by HSBC.  The property rights of a 36-story Haitian Building and a piece of land to be developed near Yuen Long New Town with an area of ??110,000 square meters have a total transaction value of US$1.92 billion.

    ? Through this share swap transaction, Red Hat's shareholding ratio quickly dropped to below 3%, and it exited the ranks of the top ten shareholders.

    Since then, Red Hat has short-sold stocks and successfully cashed out 554 million U.S. dollars again. It has cashed out a total of 3.124 billion U.S. dollars. In addition to the transaction value of 1.92 billion U.S. dollars in the share swap transaction, it holds 31.6% of the shares of Netscape.  A total of 5.044 billion US dollars worth of rights and interests were obtained, and he became a ruthless character who made a fortune in silence.

    Previously, the total cash income of 3.124 billion was obtained from the sale on the Nasdaq market. After paying 20% ??profit tax, corporate income tax, turnover tax and other taxes, plus the corresponding lawyer's fees, it was just worth 2.4 billion US dollars.  Income, tax payment up to 724 million US dollars.

    This huge amount of income was transferred into the Hong Kong royal family fund account in batches and became an investment fund that can be used freely.

    However, the equity swap agreement reached with HSBC Bank, whether the profit or not can not be reflected on the book, the transaction with a total value of 1.92 billion US dollars only needs to pay one ten thousandth of the turnover tax, basically there is no loss.

    At the same time, Yahoo's corporate news website and cooperative print media widely publicized Red Hat's failure. On the surface, it seemed that it had become an out-and-out loser in Silicon Valley, and kept silent about the huge profits it had reaped.

    I don't know what kind of psychology, the local mainstream media in the United States followed this reporting caliber, and interpreted Red Hat more from the perspective of failure, while turning a blind eye to its successful escape.

    I'm afraid this is also an ugly sour grapes mentality, the more unlucky you are, the happier you are, which can be regarded as a strange phenomenon.  (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