Chapter 1764
Words:1370Update:23/01/08 08:44:45
After Enron's problems were exposed, Phoenix Alliance Fund was the first to short Enron. In the end, they made a lot of profits and earned nearly 2 billion USD.
So, the Phoenix Alliance Fund Company targeted Microsoft, which is closely linked to Enron. The Phoenix Alliance Fund Company did not even do any research and started to short Microsoft shares.
To Phoenix Alliance Fund, Kenneth had not tampered with Microsoft's financial reports. That means the sun had risen from the west.
With the experience of Enron's financial reports, Phoenix Alliance Fund Company can analyze Microsoft's financial reports easily. Within three days, they found more than a dozen falsifications in Microsoft's financial reports.
Phoenix Alliance Fund immediately announced these falsifications to the public, and Microsoft's share prices collapsed. After that, Microsoft's share prices fell from 200 billion USD to 30 billion USD.
Microsoft's share prices should not fall so drastically. But Enron's share prices fell to 1 USD and was delisted. Many shareholders are worried about Enron. They are afraid that if they do not run away in time, the company will be delisted, and all their shares will be worthless!
So, these shareholders did not hesitate to dump their shares when they found out Microsoft's financial report had been falsified.
At this time, all financial institutions are worried about Microsoft's future. They do not dare to take over Microsoft's shares, and Microsoft's share prices plummeted. The financial institutions can't take it anymore and started to sell their shares. This led to Microsoft's collapse.
All in all, Microsoft is in trouble!
When Microsoft's share prices fell below 30 billion USD, the Daqian Group suddenly announced that they will acquire Microsoft.
When the Daqian Group announced this, the Daqian Group had acquired more than 20% of Microsoft's shares and became Microsoft's second-biggest shareholder.
Microsoft does not have a lot of shares on the stock market, and the remaining shares are in the hands of various financial institutions. The Daqian Group's purpose of acquiring Microsoft is to buy these financial institutions' Microsoft shares. They are greedy and want to swallow Microsoft whole.
As for why Da Qian wanted to take over Microsoft, the answer was self-evident. Da Qian wanted to use money to get rid of Hongmeng's biggest competitor or merge the two companies to complete Hongmeng's counterattack on the Windows operating system.
When this news was announced, the entire United States was in an uproar.
The Daqian Group wants to acquire Microsoft, and a company from Hua Xia Group wants to acquire the United States' most high-tech company. This is unacceptable.
The entire United States is against this acquisition. The internet is very advanced now, and many people started to gather on forums to stop the Daqian Group's acquisition of Microsoft.
But these objections are ineffective. Microsoft's share prices are hovering around 30 billion USD, and the foundations holding Microsoft shares are wavering. Soon, news of some foundations selling their shares to the Daqian Group spread.
This made the people who are against this acquisition even more anxious, and there is a huge uproar on the internet.
— — —
"Chairman, I had said this before. This is not the best time to acquire Microsoft!" Zhou Hongwei grumbled in a video conference call.
Boss Jia, on the other end of the call, is expressionless. No one knows what he is thinking.
Zhou Hongwei is against acquiring Microsoft at this time. Zhou Hongwei had been in the United States for more than three years, and he knows the United States very well.
The United States people might be praised as saints, but the United States people are anti-intellectual and very fragile. That's why Zhou Hongwei knows that acquiring Microsoft at this time will incur the wrath of the United States people.
That's why when Zhou Hongwei received Boss Jia's order to cooperate with him to acquire Microsoft, he immediately objected. But Boss Jia did not listen to him, and he is now in an awkward situation.
There are rumors that Da Qian had bought the shares of several companies and owns almost 50% of Microsoft's shares. But in fact, Da Qian only owns 20% of Microsoft's shares, which he got from the stock market.
Now, it is very difficult for the Daqian Group to continue to buy Microsoft's shares.
"All the fund managers we contacted had told us that they cannot go against the wishes of the United States people and sell Microsoft's shares to us. At the same time, they also feel that this price is not appropriate!" Zhou Hongwei, the person in charge of the acquisition, reported to Boss Jia.
"I understand. The most important thing is the last sentence. They are not satisfied with the price!" Boss Jia said calmly.
"That's right. To these Wall Street capitalists, there is nothing they cannot sell as long as the price is right!" Zhou Hongwei nodded.
"What price are they asking for?" Boss Jia laughed and asked.
"Although they did not ask for a price, almost all of them told me that they felt Microsoft's market value three months ago is the company's real value!" Zhou Hongwei said with a bitter smile.
"Three months ago? There's no thunderstorm in Anran? "Boss Jia laughed involuntarily.
Three months ago, Microsoft's share prices were at their peak. It was worth 200 billion USD, which is seven times of the company's current market value.
These fund managers want Feng Yu to buy Microsoft's shares at a premium of seven times. They are too ridiculous!
"We will never accept this price!" Boss Jia said without hesitation.
"Then what should we do next?" Zhou Hongwei asked.
"Continue the negotiation!" Boss Jia smiled. "But they insisted on 50 billion USD for the acquisition. They will not accept a cent more!"
"Chairman, forgive me for being blunt. This price is too far from their expectations. They will not agree. If we insist on acquiring Microsoft, I am confident that 100 billion USD can …"
"Bullshit! 50 billion USD! Continue to negotiate with them at this price. Do not give up without my orders. Negotiate until I am satisfied!" Boss Jia left such an order that Zhou Hongwei couldn't understand and ended the video conference.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
