The Great Power of Times

Chapter 309: Loss of $100 billion

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Just when Li Zetian was working on the development of the WWW, Oracle's listing plan was in full swing!

Oracle's total sales last year reached 3 billion US dollars. With the further popularization of computers and networks, sales will further increase in the future. Wall Street investors are optimistic about Oracle's development. Since Oracle announced its listing plan. , Many companies came to the door and wanted to become lead underwriters.

By convention, Wells Fargo is naturally one of them. In addition, this time also joined the umbrella insurance company.

Under the full support of Li Zetian, Umbrella Insurance has developed rapidly and has a considerable scale, and has been qualified to serve as the lead underwriter of Oracle's IPO.

On May 1, 1987, Oracle was officially listed, and Li Zetian went to Nasdaq to ring the bell again.

In this IPO, Oracle issued a total of 100 million shares, accounting for 20% of the total share capital, at a price of $12 per share, which is a pre-IPO valuation of $6 billion.

On the day of the listing, Oracle's stock price skyrocketed, and the stock price before the close was $18.6, and Oracle's market value was $9.3 billion.

"The market value of technology stocks is so high!!!"

"Looking at the situation, Oracle's market value must exceed 10 billion US dollars. How did Chronos Li think of investing in this company in the first place? It's too insightful!"

"… "

People were shocked when they saw Oracle's listing, and they were full of admiration for Li Zetian's investment vision.

The Wall Street Journal couldn't help but describe Li Zetian as follows: "Any genius in the investment world is eclipsed in front of Chronos Li. He is the real king of investment!"

The "Los Angeles Times" reported in detail how Li Zetian invested in Oracle, and only spent a mere millions of dollars and got a return of 10,000 times.

One successful case after another has happened to Li Zetian. This is not luck, but strength. Nowadays, many people regard Li Zetian as "the weather vane of the investment world", but he will definitely not be wrong in the direction of his investment.

Li Zetian did not stay in New York for long, and soon returned to Los Angeles to work.

For him, listing of companies has become commonplace, no big deal.

After a month, Li Zetian and Sun Microsystems made hard work and finally developed the WWW.

After the project was completed, bursts of laughter broke out in the office.

There was also a smile on Li Zetian's slightly tired face, and he whispered to Dr. Jim Clark, the company's CEO standing beside him: "This WWW is the first version, it is not perfect, we can publish it first. Go online, let everyone download it for free, then collect feedback from users, and then revise and improve.”

"Well." Jim Clark nodded and said with a smile: "This is a good way, let everyone help us find the bug!"

Li Zetian thought for a while and then said: "In addition, we had better hold a press conference to focus on announcing the WWW. On the one hand, it plays a propaganda role and on the other hand, it is conducive to the establishment of standards!!!"

"Okay, I understand that!" Jim Clark said.

"Dr. Jim Clark, the WWW is all up to you!"

"Mr. Li, don't worry, I will make the development of WWW as soon as possible. When more people use it, our web server will be able to make money!"

"Um."

Li Zetian left immediately and went to Cray Laboratory.

Last time, Li Zetian proposed the combination of supercomputers and artificial intelligence. Now, the Evolution Robot Company has sent people to Cray Labs to collaborate. Li Zetian himself is also a leader in the field of artificial intelligence research and development, and he is very interested in artificial intelligence against the world chess champion. Therefore, he has been involved in the development of two projects, WWW and artificial intelligence.

Now that WWW has been developed, he can devote all his energy to developing artificial intelligence.

WWW is an easy development, but artificial intelligence is a big challenge, especially the computing speed of current supercomputers is not satisfactory.

in Clay's lab.

Li Zetian looked at the crowd and said solemnly: "It will take two years for us to develop an artificial intelligence that can play chess! I know that it will be extremely difficult for artificial intelligence to defeat the world champion. But the more challenging things are, the more fulfilling they are! Do you have confidence?!"

Everyone united and responded in unison: "Yes!!!"

"Okay, everyone keep working!"

In early June, Sun Microsystems held a press conference.

The press conference was full of people, and the seats were packed.

"Oracle just went public, which caused quite a stir. Sun Microsystems held a press conference again, wouldn't it be something shocking?"

"It's very possible! I heard that Chronos Li has been at Sun Microsystems for the last few months. He may be developing something in secret? But it should be revealed today!"

"Oh!"

In this conference, Sun Microsystems invited a large number of schools, enterprises and research institutes. After the conference, Jim Clark made a succinct statement and solemnly recommended the WWW to them.

Everyone was shocked when they heard it.

"Everyone, please look at the big screen. This is what we made with the WWW. It belongs to the official website of Sun Microsystems!"

There is a web page on the screen, there are Sun Microsystems company profile, products, exchange comment area and related news.

Although simple, it shocked everyone in the audience.

"This is the World Wide Web. It's so fun, so useful."

"The content is all on one page, just like a book!"

Seeing the excited reaction of the crowd, Jim Clark laughed: "No matter where you are, as long as your computer is connected to ARPANet, NSFNet and SprintNet, you can log in to the website and browse information through the Internet, which is very convenient. Everyone has seen it. , there is also a communication comment area on the webpage, you can leave us a message, and we will try our best to reply to everyone!

Of course, people started using the World Wide Web and developing their own websites. Tell everyone good news, Chronos Li said that in order to promote the development of the Internet and promote the exchange of information, he is willing to make the World Wide Web free forever! "

What? !

forever free? !

When people heard that the World Wide Web was completely free, they were all surprised and thought they had heard it wrong.

A middle-aged man in the front seat of the audience couldn't help but ask loudly, "Mr. Jim Clark, is the World Wide Web really free forever?"

"Yes, always free!" Jim Clark nodded and smiled.

Hearing the affirmative answer, everyone in the audience was excited.

Although they didn't realize the value of the World Wide Web, they knew that this thing was very good and could be used by themselves. It was a very good network product.

After the conference, many people stayed and went to Sun Microsystems to learn more about the World Wide Web.

A month has passed and the rollout of the World Wide Web has gone smoothly.

Many universities, enterprises and institutions around the world have used the World Wide Web.

According to statistics from global domain name agencies, more than 1,100 domain names have been applied for this month.

At the same time, some bugs appeared on the World Wide Web, but since the product was free, it was difficult for others to say anything. Sun Microsystems made revisions and improvements in a timely manner according to the bugs reported.

Li Zetian pondered secretly that when the World Wide Web became mature and there were more users, he would launch a browser. Haste is not enough.

One afternoon, Li Zetian was developing artificial intelligence in his office.

Dongfang Yuqin walked in suddenly, with a serious face, and said, "Mr. Li, the think tank just called and told me something. I think this matter is a bit serious, and you need to make a decision!"

Li Zetian frowned slightly and asked, "What's the matter?"

Dongfang Yuqin sat across from him and said solemnly, "They found out from their research that there may be a major stock market crash in the United States!"

When Li Zetian heard the words, he was not surprised, and secretly thought in his heart that they even speculated that "Black Monday" would break out in the United States.

"Mr. Li, they say this stock market crash is no trivial matter! The U.S. economy has been in recession, and it stands to reason that the Dow Jones should be down. But the stock market's reaction has been abnormal and has been rising. If it develops over time, problems may arise. The stock market has shown signs of decline recently, and the up and down fluctuations are relatively large. If one is not good, it may cause an avalanche and lead to a major stock market disaster!" Dongfang Yuqin said with a serious expression, "I think the think tank's analysis is very reasonable, so I am so anxious. inform you!"

Li Zetian said very calmly: "Well, I also think the think tank's analysis is reasonable! The US economy affects the world, and it affects the whole body. If there is a stock market crash, it is bound to affect the whole world. You go to issue an order, a recent paragraph Time, the company shrinks the front line and reserves the funds to deal with the disaster that may occur next."

Dongfang Yuqin hesitated and asked, "Mr. Li, if the think tank's analysis is wrong, then if we do this, we will slow down the company's development..."

"Don't be afraid of 10,000, just be afraid of what happens."

"Ok, I see."

Just when Dongfang Yuqin was about to leave, Li Zetian stopped her: "Oh, by the way, how much money is still on the Umbrella Company's books?"

"$8 billion in dividends at the end of last year, originally $2.4 billion. Now it's $10.8 billion in total!!!"

"Well, this amount of money is enough for us to deal with the stock market crash. At the same time, we can also take the opportunity to eat other companies!" Li Zetian smiled, then waved his hand: "Okay, it's alright, you can go to work! After you're done, Help me collect information on some big companies!"

"Hmm~"

Li Zetian watched Dongfang Yuqin leave.

After so long this year, Li Zetian has not made any major actions. The umbrella company has reserved enough funds, just waiting for the appearance of "Black Monday".

Time passes by, and Li Zetian will be paying attention to the stock market situation tomorrow.

By October 16, the Dow Jones index began to decline significantly, falling more than 91 points (about 5%) on the day.

However, it is considered normal.

Naturally, there are ups and downs.

The 17th and 18th are Saturdays and Sundays, respectively, and the stock market does not open.

Two quiet days passed quietly.

On October 19, the Dow Jones Industrial Average in New York suddenly plummeted, which was quite a catastrophe.

At this time, the New York Stock Exchange was full of people, and everyone was terrified!

"What's going on? Why did it suddenly drop so much?!"

When the market opened, it suddenly fell too sharply, causing panic among investors, and the stock market then plummeted. In that case, it can almost make people fall out of heart disease.

The U.S. stock market has fallen so badly, and other places have naturally been greatly affected.

At 10:00 a.m. Hong Kong time, the Hong Kong stock market opened on time. The Hang Seng Index fell 120 points in a panic due to the influence of New York as soon as the market opened, and closed down 235 points at noon. It closed down 420.81 points throughout the day and closed at 3362.39 (more than 10%). The index futures fell by more than 300 points in each month. Affected by the slump in Hong Kong, the stock markets in the Asia-Pacific region plummeted across the board, and the effect expanded to the European market with the opening of various time zones like dominoes, and finally returned to New York after a circle around the world: the Dow Jones Industrial Average fell sharply by 508 points (more than 20%). ).

Such a large global stock market is not going to calm down all of a sudden.

After October, Hong Kong fell 45.8% for the month, Sydney fell 41.8% for the month, London fell 26.4% for the month, and New York fell 22.6% for the month.

"Los Angeles Times" reported: "Due to the global stock market crash, Chronos Li's worth has shrunk severely, losing at least $100 billion!"

Li Zetian smiled lightly at this: "Brother not only lost 100 billion US dollars, it is obviously more than 100 billion US dollars! However, brother doesn't care, anyway, the stock price will rise again in the future. Now, it's time for brother to harvest!!!" Before that, Dongfang Yuqin had collected a lot of company information for Li Zetian, especially the telecommunications industry and banks.

"Mr. Li, your decision at that time was really decisive, and the stock market crash actually broke out!" Dongfang Yuqin couldn't believe it until now, especially when the stock market crash was so serious. Worship the light.

Yu Jingqiu, who was sitting on the sofa and applying a mask, was also surprised and said, "This stock market crash came so unexpectedly, there was no sign at all. My dear, you can infer Black Monday from just a few clues. Shocking!"

Li Zetian's "bringing doctrine" was used to it, and he was very thick-skinned, and said with a smile: "It's nothing, how could the US stock market crash escape my magic plan! After I saw the intelligence of the think tank, I also thought that the stock market crash The explosiveness of the event is extremely large, so it is natural to make a decisive decision and make a decision!”

Yu Jingqiu looked at him with a hint of doubt, and said, "I don't know why, how do I feel that you knew from the beginning of the year that there would be a stock market crash in the United States?"

Li Zetian's expression was stunned, and I stopped, is this a woman's intuition? ? Exactly!

"Uh, how is that possible..." Li Zetian shook his head.

"In the past two years, after the dividend was received, you kept thinking about spending it. You kept the dividend in 1986."

The weather was already cool, but Li Zetian felt cold and sweaty.

"Because it's been a year or two, the rate of depreciation of the dollar is starting to slow down. Umbrella companies need to keep some funds in order to deal with emergencies, such as this Black Monday."

"Well, yes!"

Yu Jingqiu responded, then lay down on the sofa, with her head resting on Li Zetian's thigh.