"Former Microsoft shareholder, Director, and the World's Second Richest man, Feng Yu, claims that Microsoft's share prices are inflated!"
"Feng Yu questions Asian tiger: Why are you all worth so much?!"
"Feng Yu claims that hardware manufacturers' share prices are inflated!"
"Feng Yu claims that some blue-chip companies are guilty of falsifying their financial reports!"
… …
News articles were published in all the major newspapers, and the US cable TV stations had made lots of money from buying the news. Furthermore, they had broadcasted Feng Yu's interview, and their viewership ratings skyrocketed!
However, it was tough for Ralph. His phone was ringing off the hook this morning.
"Boss, are you really the one who said those things?" Ralph asked with a bitter face.
"I am the one who said those things, and I will take responsibility for it." Feng Yu replied calmly.
"It's fine for you to say those companies' share prices are inflated. But what should we do if you claim that some blue-chip companies are guilty of falsifying their financial reports?" Ralph asked anxiously.
"I am not wrong. Some blue-chip companies are guilty of falsifying their financial reports." Feng Yu replied seriously.
"What? Boss, how is this possible? That is a blue-chip company! "Ralph could not believe what he heard. The companies that can become a blue-chip company are all powerful companies.
"Why is it not possible? I had asked my men to investigate secretly. Although there is no evidence, Enron will surely go bankrupt if those two people step forward! "
"What company? Enron? That was impossible, right? Enron had only started their online services last year, and their share prices had been rising. Now, it is more than 60 USD, and many investors are chasing after them. "
Feng Yu looks at Ralph. "So what? Can investors chasing after them prove that they did not falsify their financial reports? If you investigate carefully, you will discover that Enron had set up many offshore companies to avoid taxes and increase the company's profits. Also, they can use their funds to cover up their losses. "
"Using their funds? You are saying that they are using their own funds to cover up their losses and inflate their profits? "
"That's right. When we're investigating a company, we'll focus all our funds on that company. We'll make the profits of that company inflate and the bank have sufficient funds. Once the investigation was done, he could easily transfer the funds away. In this way, the company will look fat, but in fact, it's just fat. "
"Boss, we can short Enron's shares. When this news is exposed, we will surely make high profits!" Ralph said excitedly.
"What you need to focus on right now is the negotiation with AMD to buy their voting shares. After I acquire this company, I will not treat you badly. Remember, you can't use any illegal means, "Feng Yu emphasized.
If you can buy it openly, don't use underhanded means. That will become a disgraceful history!
"Boss, I understand, but AMD has no intention of negotiating with us. They are only delaying us and will affect our cash flow."
"Microsoft and Asian Tiger had used their funds to acquire AMD. Now, their share prices are also unrealistically high. Haven't they fluctuated violently in the past two days? You can also delay them until next year. When their share prices crash, they will beg us to acquire them. You don't need to worry about their other investments. "
Acquiring AMD is significant. AMD will be the only CPU company that can compete with Intel in the future. Although Intel is being suppressed by Intel, they managed to suppress Nvidia by focusing on graphics cards.
Moreover, there were a few mistakes in the research and development of AMD, which meant that they had made a few bad moves. If not for these mistakes, AMD's market share will not be so low.
In the future, Intel is also one of AMD's shareholders. Many people joked that AMD is being nurtured by Intel to prevent Intel from being sued for monopolizing the market.
But those shareholders are also non-voting shareholders, and AMD had poached people from Intel before. Intel did not send people to AMD to guide them.
If it weren't for the lack of funds, Feng Yu would have wanted to acquire Intel. This will be simpler.
But Intel's share prices are too high now. Over 500 billion USD, and those shareholders are making high profits. Who will sell their shares to Feng Yu?
If Feng Yu wants to buy out other people's shares when they are making money, he can only do so at a premium. But Feng Yu cannot even afford to buy the shares at half price, let alone at a premium.
Even AMD's market value is more than 70 billion USD. Of course, there are not so many shares with voting rights. Feng Yu's target is those voting shares.
But it is not easy to acquire them. Those shareholders are blindly thinking that AMD will catch up with Intel and even surpass them. Feng Yu will not buy out the shares at a premium. He had just bought out the shares at a premium, and the share prices will crash.
"Go and do your work. Don't let anyone know about our dealings with AMD."
"Yes, Boss."
If this information is leaked, AMD's share prices will rise, and it will be detrimental to Feng Yu's acquisition. AMD's market value is too high now, and how can Feng Yu help them increase their share prices and increase his cost?
Now, Feng Yu can't wait for AMD's share prices to plummet. Those investors are desperate to sell their shares and contact him.
Feng Yu had asked Ralph to contact AMD's shareholders. He does not think those shareholders will sell their shares to him now.
But when they want to sell, they will think of Feng Yu first, and that's enough.
While Feng Yu is leisurely drinking his tea, New York is in chaos. Many media outlets tried to contact Feng Yu, but Ralph stopped them from contacting him.
Many reporters had gathered outside the Empire State Building to interview Feng Yu. They want to get Feng Yu's confirmation that Feng Yu is the one who said the recording.
Feng Yu regretted coming to the company. He should have returned to China now. He is too eye-catching here. In China, these foreign reporters will be the most eye-catching.
… …
Bang!
Paul Allen punched Bill Gates's desk. "This is too much! This Feng is too much! How dare you claim that our Microsoft share prices are overvalued?! This is outrageous! "
Bill Gates's face is dark. He did not expect Feng Yu to say these things. Seems like Feng Yu is going to fall out with Feng Yu.
"Steve, call for a press conference and tell the reporters that Microsoft's profits are doing well, and our share prices will continue to rise. Also, Paul, Steve, the two of you will take out a sum of money each to increase your Microsoft shares to stabilize the market! "Bill Gates made the decision.
After Ballmer left, Bill Gates looks at Paul Allen. "Do you think what Feng said about some blue-chip companies falsifying their financial reports is true?"
… …
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