"Feng Yu, a former Microsoft shareholder and director and the world's second richest man, publicly declared that Microsoft's stock price is artificially high!"
"Feng Yu asked Yahu: Why are you worth so much money!"
"Feng Yu believes that the stock prices of hardware manufacturers are also artificially high!"
"Feng Yu said that among blue-chip stocks, some companies are suspected of financial fraud!"
…
One piece of news was published in major newspapers, and the American cable TV station, which had obtained first-hand information, made a lot of money just by buying the news. What's more, they also exclusively broadcast Feng Yu's interview voice, which was even more shocking. Their ratings skyrocketed!
It's just a pain for Ralph. His phone was almost full of calls this morning.
"Boss, did you really say those words?" Ralph asked with a grimace.
"I said it, and I am responsible for it." Feng Yu said calmly.
"It's okay for you to criticize the inflated stock prices of those companies, but you said that some blue-chip companies are suspected of financial fraud. What should you do?" Ralph said in a panic.
"I'm right, there are companies in blue-chip stocks that have made financial fraud." Feng Yu said seriously.
"What? Boss, how is this possible? That's a blue chip stock!" Ralph looked in disbelief. Those that can become blue chip stocks are large companies with strong strength.
"Why is it impossible? I have asked people to conduct a secret investigation. Although I dare not say that the evidence is conclusive, as long as those two people come forward, Enron will inevitably go bankrupt!"
"What company? Enron? This is impossible, right? Enron only launched online services last year. Their stock price has been rising all the way. It is now as high as more than sixty US dollars. There are so many investors pursuing it."
Feng Yu looked at Ralph: "So what? Does it prove that they have no financial fraud if they are sought after by investors? If you investigate carefully, you will find that Enron quietly established multiple offshore companies. One can be justified To avoid taxes and increase the company’s profits, the other is to be able to mobilize funds at any time to cover up the fact that they are losing money.”
"Disposable funds at any time? What do you mean, they use their own money to cover up losses and inflate profits?"
"That's right, when a company is under review, the funds will be concentrated in that company, so that the company's book profits will be inflated and the bank will have sufficient funds. And when the review is gone, the funds can be transferred easily. . In this way, the company becomes seemingly fat, but in fact it is puffy."
"Boss, then we can short-sell Enron's stock. As long as this news breaks out, we will definitely make a lot of money!" Ralph said excitedly.
"What you need to focus on most now is negotiating with AMD to acquire the voting shares in their hands. After acquiring this company, I will not lose money to you. Remember, you must not use any illegal means." Feng Yu emphasized.
If the acquisition can be done openly, don't engage in small tricks, it will become a dishonorable history!
"Boss, I understand, but AMD has no intention of negotiating with us at all. They are just dragging us down, which will also affect the flow of our funds."
"The funds that Microsoft and Yahoo cashed out are just to acquire AMD. Now their stock prices are also artificially high, and haven't they been fluctuating violently in the past two days? You can just hold off until next year, after their stock prices plummet. , I see when they have to beg us to acquire it. As for other investments, you don’t need to worry about it.”
The acquisition of AMD is of great significance. It is the only CPU company that can compete with Intel in the future. Although it is completely suppressed, it has found a new way to focus on graphics cards and actually suppressed Eagle Video.
Moreover, AMD actually made several mistakes and omissions in its research and development direction, that is, it made several bad moves. If this were not the case, AMD's market share would not be so low.
Even later, among the shareholders of AMD, there were also shareholders of Intel. Many people jokingly said that AMD was a company that Intel was raising to prevent Intel from being accused of monopoly.
However, that shareholder is also a non-voting shareholder, and AMD has indeed poached people from Intel, rather than Intel sending people to AMD to guide work.
If it weren't for the lack of funds, Feng Yu would have wanted to directly acquire Intel and forget it, which would have been simpler.
It's a pity that Intel's stock price at this time is also extremely high, with more than 500 billion US dollars. Those shareholders have made a lot of money. Who will sell the shares to Feng Yu
If you want to buy other people's shares when they are making money, you can only buy them at a premium. But Feng Yu couldn't even afford it at half price, let alone the premium price.
Even Chaowei's market value at this time exceeded 70 billion US dollars. Of course, there were not so many stocks with voting rights. Feng Yu's target is those voting stocks.
However, it is not that easy to acquire it. Those shareholders now blindly believe that AMD will catch up with Intel and surpass it. Feng Yu would never buy it at a premium anyway. If he just paid a premium and the stock price plummeted, it would still be a loss.
"Go and do your work. Don't reveal the news about your contact with AMD yet."
"I understand, boss."
Once it is revealed, AMD Semiconductor's stock price will definitely rise, which will be very detrimental to Feng Yu's acquisition. Now that Chaowei's market value is somewhat exaggerated, how could I possibly help him increase his stock price and increase his own costs
Now Feng Yu is eager for Chaowei's stock price to plummet and those investors who are eager to sell out take the initiative to contact him.
Feng Yu now asked Ralph to contact Chaowei's shareholders, just to convey an idea. He did not think that those shareholders would sell their shares to him now.
But when they want to take action, they will think of Feng Yu immediately, and that's enough.
While Feng Yu was drinking tea leisurely, New York was about to turn upside down. Countless media tried to contact Feng Yu, but they were all blocked by Ralph.
Outside the Empire State Building, reporters from many media gathered, all wanting to interview Feng Yu as soon as possible. They wanted to get Feng Yu's confirmation that the recording released by the American cable TV station was what Feng Yu said.
Feng Yu regretted coming to the company. He should have returned to China at this time. Here, it's too eye-catching. When we arrived in China, it was these foreign reporters who stood out.
…
Bang!
Paul Allen punched Bill Gates' desk: "It's too much. This Feng has gone too far. He even publicly declared that our Microsoft's stock price is artificially high. How unreasonable, how unreasonable!"
Bill Gates also had a gloomy face. He never expected that Feng Yu would say such words. It seems that they are really at odds with each other. Are you planning to leave no room for it
"Steve, hold a press conference and tell reporters through the media that our Microsoft's profits are very good and the stock price will continue to rise. Investors, please believe it. Also, Paul and Steve, please join me and each come up with a plan." Come with a sum of money to increase your holdings of some Microsoft stocks and stabilize the market!" Bill Gates made the decision.
After Ballmer left, Bill Gates looked at Paul Allen: "Do you think what Feng said about blue-chip companies' financial fraud is true?"
(End of chapter)