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The stock market is booming, and investors have summed up an interesting phenomenon;
In the past few years, many newly listed companies have tried every means to link up with the Internet, labeling themselves high-tech Internet.
Some simply add dotcom after the company name, and some add i or e in front of the company name to show that the company is related to the Internet.
The reason for this is profit.
As long as a company is hooked up to Internet high-tech and puts on the skin of Internet high-tech, no matter whether the company is making money or losing money, no matter what its main business is, its stock price will be skyrocketed, and when it issues new shares, it will also be criticized. Sold out.
Yahoo's total revenue in 1999 was US$1.103 billion, with a total profit of US$99.6 million.
At the end of 1999, Yahoo's stock market value had reached 163.8 billion US dollars, 4.5 times that of Boeing, and the profit was not even a fraction of the other party.
Amazon, which went public at the end of 1997, had a total revenue of US$356 million by January 2000, with a negative actual profit, and a loss of US$170 million in 1999.
But by the end of 1999, its stock price had soared 2,300%, which is crazy.
Even for a broken household like Netscape, which has gone from profit to huge loss, there are already dozens of browser products in the market. Netscape browser has long been reduced to a niche product, and its market value is still firmly above tens of billions of dollars. .
Facing the software giant Microsoft is not inferior, and I don't know where the confidence comes from.
After comparing Yahoo and Boeing, some Wall Street people came to this conclusion;
Three years of network economy is equal to 70 years of industrial economy.
that's all
?The investment atmosphere is gradually on the road of frenzy, and the new economy represented by the Internet is advancing with great vigor and boundless prosperity.
Especially since October 1998, the Nasdaq index, which is a barometer of the new economy, has risen from 1500 points and continued to rise. By March 10, 2000, the Nasdaq index broke through the 5000-point mark and hit a record of 5132 points. highest record.
However, the good times didn't last long.
March 14, 2000
The Dow Jones Industrial Average began to fall below 10,000 points, reaching its lowest level in 13 years, which is a red flag.
Affected by the Federal Reserve's increase in interest rates, Microsoft's split by the district court, and the royal family's fund being forced to abandon Cisco under pressure from the government, these three events have brought catastrophe to Internet companies.
The stock market plummeted, and many funds rushed to flee, forming a tragic scene of multiple killings.
The Nasdaq index quickly plummeted from a high of more than 5,000 points to below 1,500 points, and more than US$5 trillion in market value evaporated.
After several years of Nanke Yimeng, it has returned to the original point.
September 2000
Oprah's talk show scene
There are two simple light-colored sofas. Oprah, the well-known American host and talk show host, said to the audience with a happy expression;
"The audience here today are all winners, with a luck index of no less than 99, because we have invited a real big guy, the following is the cover character of "Time Magazine", the most outstanding entrepreneur, the leader of Silicon Valley's high-tech industry, Boss King, who has been the richest man in the world for many years, has come to our show, everyone welcomes him."
Accompanied by warm applause and bursts of exclamation, Wang Yaocheng came up wearing relaxed slacks and a striped T-shirt, greeted everyone with a smile, showing his white teeth.
"Wow, Boss King is really masculine. If I were 20 years younger, I couldn't help but want to date you."
"Then I will definitely bring flowers, which one do you like?"
Oprah smiled very happily; "Wow, I like passionate roses, and I also like beautiful carnations. When I was a girl, there was a gardenia tree in the yard. I often picked a bunch and put it in my schoolbag. After opening, the room is full of fragrance."
"That sounds really good, why not wear it in your sideburns?"
"Because I don't want to stand out, well you know." Oprah didn't want to go on.
"I know."
Wang Yaocheng nodded pretendingly, and said solemnly; "Students will say, look! That hypocritical bitch of Oprah looks like a moving gardenia tree."
"Hahaha¡¡"
cold
The audience burst into laughter and applauded again.
Few people dare to make fun of Oprah. She is not only the most famous talk show in the United States, but also a successful TV producer. Heavyweight with great media influence?contempt.
The United States is a free capital market, and people have the right to realize their dreams.
This is the right, freedom, fairness, and justice endowed by the Constitution.
I like the Party's policy program, which states that market affairs are left to the market to resolve.
I prefer the charismatic George Bush. Some of what he said about this country influenced me. It was a vision of a bright future where many valuable things could be achieved.
Why restrict competition?
Why fear competition?
Why artificially suppress competition?
Entrepreneurs need a better business environment, the people need a better opportunity to realize their dreams, society needs development, and the cake needs to be made bigger. This is the core of the American spirit of freedom.
All of this, I believe that only under the leadership of George, this spirit of freedom, fairness, and justice can be passed on and carried forward"
A hotel in Louisiana
"Hahaha I like him, I like him, he is my good brother Boss King"
George smiled toothlessly, pointed at the TV screen and yelled at the campaign assistant Roxy, which attracted his wife Laura, who was also following the campaign, to come out of the inner room and ask in surprise;
"Honey, what are you shouting?"
"Look at this episode of Oprah's talk show. Boss Wang is advertising for us on the show. Hurry up and call the TV network to find out what the ratings are today? This is more effective than running around to get votes." Well, I love this guy to death."
"He's really nice and a very shrewd businessman."
"Oh, Laura, if the Boss King wasn't smart, he wouldn't have the huge wealth he is today. He is a business genius, and we have also benefited a lot. We must admit that he is one of the smartest people in the world. Otherwise, wouldn't the world Are they all fools?"
Independent and assertive Laura nodded;
This is so reasonable, I really can't refute it. (Remember the site URL: www.hlnovel.com