Chapter 1080
Words:1701Update:22/06/30 10:02:50
Bill Gates was stunned. He had never expected Feng Yu to sell his Microsoft shares. Microsoft's shares are doing very well now, and the share prices had been rising.
With the Win98 operating system's sales, the company's profits are expected. Why would Feng Yu sell his Microsoft shares?
Forbes also looks at Bill Gates. He thought Microsoft is facing some problems. If not, why would Feng Yu, who had been buying Microsoft shares all these years, suddenly sell his shares?
"Bill, you also received the news?"
"Yes, but I don't understand. Microsoft is still growing, and why is he selling out on such a large scale? "
Feng Yu had dumped his Microsoft shares publicly because he was worried about the Prisoner's Dilemma. That means when Feng Yu wants to dump his shares, the rest will also dump their shares, and no one will buy his shares. Feng Yu will not be able to sell his shares.
This way, the shares will not be sold, and the share prices will fall.
But it is different if Microsoft sells his shares publicly. Wind & Rain Consulting had contacted some big investment institutions to trade their shares directly. The share prices will not fluctuate much and might even rise slightly.
After Feng Yu got his men to spread the news that he is going to dump some Microsoft shares, many investment institutions came to him.
They cannot buy Microsoft shares even if they want to. There are a lot of shares in the market, but no one is willing to sell them. What can they do?
This time, they were interested in the fact that Feng Yu did not sell these shares at a premium. These shares were sold at the same price and will not increase their risk and investment cost. Their profits will also not decrease.
The reason Wind & Rain Consulting gave to Feng Yu is that they want to shift their focus from overseas to Hua Xia.
This made many investment institutions feel that Feng Yu must have some powerful background. He must have made enough money overseas and wants to return to China to invest.
This reason could be considered reasonable, although many people thought that this kind of behavior was somewhat stupid. Don't you know it's almost the end of the year?
But all of them are flattering Feng Yu and hope they can buy more Microsoft shares.
Therefore, during this period of time, Feng Yu had been secretly contacting the executives of some large investment institutions. Some investors felt Feng Yu had dumped his Microsoft shares was because he was kicked out of Microsoft's board of directors, and his reputation was tarnished.
The people of Hua Xia had a saying that they would rather be the head of a chicken than the tail of a cow. Even without Microsoft shares, Feng Yu is still the World's Second Richest Man and Asia's Richest Man.
The Asian market is rising, especially the Hua Xia market. Feng Yu had placed his focus on Hua Xia, which is his home base, and there is nothing wrong with that.
Bill Gates was even more shocked by Feng Yu's decisiveness!
Feng Yu had sold all his Microsoft shares, including the voting shares. Yes. He had sold all his Microsoft shares to Ballmer. Bill Gates had not received any news about this. Clearly, Feng Yu had contacted Ballmer privately and had kept it a secret.
Ballmer had just become the President of Microsoft, and Bill Gates was only the Chairman cum CEO. This is equivalent to giving Ballmer more authority. But Bill Gates did not expect Ballmer to do this to Bill Gates.
… …
"Mr. Allen, there is news that Mr. Feng had sold all his Microsoft shares. I heard it is because of you. What do you want to say?"
"Mr. Allen, did you force Mr. Feng out of the board of directors and caused Mr. Feng to sell his shares?"
"Mr. Allen, some time ago, Mr. Gates is no longer the CEO of Microsoft, and the new CEO is Mr. Ballmer. Why are you not the new CEO?"
"Mr. Allen …"
Paul Allen is speechless. How the hell do I know why Feng Yu had sold his Microsoft shares? I am not a worm in his stomach!
Also, so what if I had forced Feng Yu out of Microsoft's board of directors? He is a member of the board of directors, and he is not doing anything. Why does he still want to give out shares at the end of the year?
Also, didn't I tell you I am not free to be the CEO of Microsoft? How dare you think I am not capable enough?!
But Paul Allen did not expect Feng Yu to sell off all his Microsoft shares in such a high-profile manner. What made him even angrier was that Ballmer clearly knew about it, but he didn't mention it at the board meeting.
"Ballmer, how are you going to explain this?" Paul Allen looked at Ballmer coldly. Shouldn't Ballmer give an explanation for what happened to Microsoft?
Ballmer sighed. He did not know that Feng Yu would sell off all his Microsoft shares. If he had known, he would not have bought Feng Yu's shares and had taken a loan.
"Feng had approached me and told me that according to his agreement with Bill Gates, if he wants to sell his voting shares, he must give priority to the original shareholders. Is there anything wrong with me increasing my stake in the company? "Ballmer said.
Paul Allen does not think there is anything wrong with this. I am the CEO of the company, and I had spent money to buy the company's shares. I think the company will do well under my leadership, and the share prices will increase. If I am the CEO and sell off the company's shares, you all will be questioning me.
"When did Feng approach you? How come we do not know about this?" Paul Allen questioned.
"About half a month ago. We had discussed a few times and confirmed the price and timing of the transaction. This is a normal business transaction, and why must I tell you about it? Did I violate any laws or company regulations? "Ballmer asked.
Do you think I am stupid? If I had told you, will I still have the chance to buy the voting shares? Who doesn't know that you want to increase your voting rights?
"Hmph! Rumors are spreading that Microsoft is trying to ostracize Feng Yu, and it is even considered racial discrimination. What should we do?" Paul Allen asked angrily.
How can a normal business transaction escalate to such a level? Our Microsoft has many Chinese employees, and they are a highly intelligent group. Also, we are working hard to develop the Hua Xia market, and Hua Xia's software prices are very low. This is a discount. How can this be considered discrimination?
"We are not doing anything. This is a business transaction. Feng is selling Microsoft shares, and there are investors buying them. What's there to worry about? "
"Idiot! Do you think no one is stirring up trouble in the media? Microsoft's share prices will surely be affected tomorrow! "Paul Allen sneered.
"Some rumors will not affect Microsoft's position. If we step out to explain, it will only make things worse. This year, our profits had not decreased. Even if there are some fluctuations in our share prices, it will not be a problem! "Ballmer said confidently.
But will the outcome be so optimistic?
… …
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