Today's trend of Google is indeed too strong, so hard that even Li Mu feels a little weak.
Especially the ambiguous attitude of the media makes people feel less optimistic.
When Google's stock price soared, the media continued to exaggerate Google's invincibility. Some so-called experts even jumped out and said that Google's market value should be at least 200 billion U.S. dollars, and the IPO price was obviously underestimated.
This made Li Mu feel that the media was clearly being used to attract public opinion, and capital must have regarded Google as an excellent opportunity to make money.
That's why Li Mucai reminded Larry Page not to be obsessed with today's surge and to remind investors to be careful of risks. Otherwise, once the stock price collapses, Google's reputation will be greatly affected.
However, although Larry Page understands this truth, it is still a bit empty for him to openly stand on the opposite side of capital.
Li Mu looked at Larry Page and shook his head helplessly.
It seems that this guy still doesn't dare to offend Wall Street capital.
However, this can be regarded as a correct general approach. After all, there are not many CEOs who dare to face the public and bluntly say that their companies are not worth such a high market value.
Theoretically, every newly listed stock is a good battlefield for capital to make money.
They tried their best to promote stories and hype concepts, and fooled retail investors into rushing in. In the end, retail investors were locked in and made huge profits.
Qutoutiao's stock price soared 190% on its first trading day, then plummeted 41% on the second trading day, almost halving it. On its sixth trading day, it fell below the issue price. However, Qutoutiao's total market value is only a few billion dollars. Countless stock investors collapsed here.
If Google's stock price collapses, it will be much larger than a company like Qutoutiao, and the impact will be much greater.
At this time, companies either do nothing, or cooperate with capital to speculate wildly, destroying capital's jobs, which does affect their future.
However, Li Mu doesn't care if he offends capital. After all, for him, capital is the licking dog behind him. Even if he slaps the biggest investor on Wall Street today and announces Makino Technology's financing tomorrow, this investor will still be satisfied. Face came and begged him to take his money.
After all, no one can have trouble with money. Ordinary people still have some backbone, but capital is a group of people who have no backbone at all and only have interests in their eyes.
Now that Google's stock price has skyrocketed, it has become a monster stock. Neither you nor Google will get any benefits. When the stock price crashes, the trapped investors will be scolded. Rather than doing this, it is better to speak clearly.
So Li Mu said to Larry Page: "If reporters ask you relevant questions later, just pretend to be cowardly and leave it to me."
Larry Page breathed a sigh of relief and raised his hand to Li Mu: "Mr. Li, thank you so much!"
Li Mu looked at his gestures in surprise and asked, "Who did you learn this set of gestures from?"
"Chinese Kung Fu movies." Larry Page said with a smile: "In Chinese Kung Fu movies, when young people see martial arts masters, they will salute like this!"
Li Mu looked at Larry Page with some confusion, and said in Chinese: "You should be a hero of the generation, please promise me not to be a licker, okay?"
"What?" Although Larry Page had been tinkering with English for a while, Xiongxiong and Licking Dog still couldn't quite understand.
In fact, even today's Chinese people don't quite understand the connotation of the word "dog licking".
I just want to hang a silk thread. If I tell the Chinese people now, everyone will not understand why.
Li Mu didn't bother to explain to him. He patted his shoulder and said in English: "Keep it up."
Sure enough, after the stock market closed, countless reporters hoped to interview Larry Page and Li Mu at this time.
The two of them have been staying on the Nasdaq and experienced the whole process of Google's stock price soaring like a rocket. It is reasonable for them to accept interviews from the media at this time.
The reporters have always maintained a very high level of excitement, and the audience and investors at the scene were equally excited.
For the entire Nasdaq, this is an unprecedented IPO carnival in recent years.
Facing reporters, Larry Page was the first to be asked: "Mr. Page, Google's stock price soared 210% in one day. What do you think of this?"
Larry Page sneered a few times and said, "I haven't realized it yet. This is so surprising. You should interview Mr. Li first!"
So the reporters focused their microphones and cameras on Li Mu.
Li Mu smiled slightly and said seriously: "To be honest, I am very happy that the market recognizes Google so much."
As he spoke, Li Mu changed the topic and said: "However, I personally would like to remind investors that Google at this stage, in my personal opinion, is not worth such a high market value, and the stock price should not be this high at this stage. High, so I call on the market to treat it rationally... "
As soon as these words came out, the reporters were stunned.
what's going on
Li Mu only needs to say polite words such as: "I believe that Google's future prospects will be better and its future will be brilliant," and Google's stock price will definitely rise tomorrow.
As a result, Li Mu suddenly said that Google's stock price should not be so high. Isn't this pouring cold water on himself
A reporter from the Wall Street Journal couldn't help but ask: "Mr. Li, before the market opened, you said that Google is a magic door in the Internet world. Why do you think Google is not worth such a high market value at this time?"
Li Muchin said, when I praised Google, I thought it was the most impressive increase on the first day of listing, 100%. I didn’t expect it to go up 200% like crazy. If you don’t stop it, it might go up to 300% tomorrow. If this continues, if capital strikes while the iron is hot, Google's stock price will fall as high as it climbs. Therefore, after getting a good start in listing, appropriate warnings are necessary.
Immediately, Li Mu said meaningfully: "The valuation of Anygate must also comply with market rules. Google is Anygate in the Internet world, and Makino Technology is the Magic Ball in the Internet world. But this does not mean that the market value of Magic Ball can exceed market rules. , so investors should be more vigilant and calm, and when the market value is high, it is best not to blindly chase the rise."
After that, Li Mu added: "Of course, this is just my personal suggestion. The specific operation still depends on the comprehensive judgment of investors."
Li Mu's answer made many media in the audience feel particularly depressed.
This is because many of the media who interviewed him are Wall Street financial media, and Wall Street's financial media itself is operated by Wall Street capital.
Not to mention the Wall Street media, most of the media in the United States are also driven by capital. These American media are often influenced by the capital behind them and deliberately include private goods in their daily reports.
Being optimistic about a certain stock or a certain company is simply childish. What they are best at is deliberately hinting at a larger level.
For example, if they need to make Western people hostile to the East, they will make false and distorted reports about the Eastern world; if they need to launch a war in the Middle East, they will also exaggerate Westerners' hatred of Middle Eastern extremists in advance.
Everything has two or more sides, but which side of the incident the American media reports depends entirely on the interests of the capital behind it.
With the endorsement of Li Mu and the blessing of Makino Technology, Google has become a rare stock in several years. Capital is preparing to make a fortune by taking advantage of this opening. However, Li Mu suddenly made such remarks, which simply cut off their relationship. Way to make money.
At this time, some media reporters wanted to ask Li Mu to add a few words, so they deliberately asked Li Mu: "Mr. Li, don't you think Google's market value can reach more than 100 billion US dollars?"
Li Mu smiled and said: "No one can say what will happen in the future, but right now, it seems to me that it is not enough."
Many investors are short- to medium-term players, and not many people can persist in holding a company's stocks for several years or even more than ten years. In the future, Google's market value will definitely exceed 300 billion U.S. dollars, or even higher, but no one can say when. not good.
Retail investors are not like investment institutions. It is difficult for retail investors to survive after investing a sum of money. If an ordinary investor buys Google stock when it is $300, and then the stock price falls, it may take a year or two to really rise back to this price. How much? Can retail investors insist on not cutting meat for one or two years
But institutions are different. They often have an investment cycle of several years, sometimes even longer.
They take funds and investors' money and directly make long-term plans of three to five years or even longer. In these three or five years, temporary rises and falls are nothing at all. They dare to wait for three to five years before liquidating. , how can ordinary people have such courage
In addition, the asset allocation of ordinary people is not balanced enough. Once something happens in life, there is nothing they can do if they want to hold it for a long time.
Therefore, Li Mu cannot say in front of the media that Google's market value will reach hundreds of billions of dollars in the future. For capital, such words are helping them lure more.
Li Mu then did not accept any more interviews from reporters. After Larry Page accepted another brief interview, the two left the Nasdaq exchange together.
On the way back to the hotel, Larry Page sat in the same car as Li Mu. The first thing he did when he got in the car was to untie his tie and the top two buttons of his shirt, slumped down on the sofa of the limousine, and sighed. : “Today was so crazy!”
Li Mu nodded: "When the stock price stabilizes, the fastest theoretical speed will be at the end of the year or next year before it can climb to today's height step by step."
Larry Page said: "When this wave of enthusiasm passes, if you want to increase the stock price, you will have to look at the business development and the financial reports disclosed by the company."
Li Mu said: "You don't need to care too much about the performance of the stock market. Google Advertising's revenue capability is very strong. There is no need to make any financing plans in the future, let alone sell large amounts of shares. You can settle down and do technology research and development and market expansion." , wait a few years, the number of users of the entire Internet will become larger and larger, and Google's market value will also become higher and higher. After two years, you can reduce your holdings as a major shareholder, and the company's market value is estimated to exceed 200 billion US dollars. At that time, if you reduce your holdings by just 1%, it will still be an income of US$2 billion. At that time, this money will really fall into your pocket. Of course, you must pay taxes to the government first."
Larry Page smiled and said: "These are all things for the future. As you said, I will devote all my energy to the business. I just need to plan how to use the funds raised from this IPO." .”
Li Mu hummed and said, "I'm going back to China tomorrow. You must keep an eye on the keyhole navigation and get it as soon as possible."
(End of chapter)