Chapter 903 Unloading: Su Rui
Chapter 903 Unloading: Su Rui
To cope with the high-intensity work in the coming period, she provided all members with a postpartum care center-style service that included both food and accommodation.
Speaking of the impending bursting bubble, one cannot help but mention the antitrust case against Microsoft in 1995.
After two years, in November 1999, just recently, a federal court ruled that Microsoft's actions constituted a monopoly.
This incident serves as a signal, making people realize that existing practices on the internet pose legal risks.
This was like pressing the emergency stop button for investors, making everyone more cautious.
Unlike before, when losing money was considered normal and the right path for the internet industry.
On February 17th, Microsoft released the Windows 2000 operating system.
March 10th was a milestone day, as the Nasdaq Composite Index reached 5048.62.
The figure reached 5132.52 that day, a historical high, more than double that of 1999.
3月13日因思科、微软等数十亿美元卖单触发连锁抛售,纳斯达克指数6天内暴跌900点至4580点。??
Subsequently, Barron's published a report titled "Burning It All".
The content is that they surveyed 207 internet companies, and 71% of them were operating at a loss and unable to pay salaries.
Including Amazon, 51 companies will run out of cash within a year.
This also shows that the prosperity of the internet was all a bubble, which burst easily.
Those internet technology companies are all losing money to gain publicity.
He also emphasized that Amazon wouldn't last a year before having to declare bankruptcy.
Xia Ran had been waiting for this. With a single command, she began to enter the fray, increasing leverage and buying short.
Incidentally, they also started speculating on aluminum and steel.
This journal article served as a wake-up call, prompting investors to panic-sell their holdings, fearing they would be trapped if they were too late.
But their vehicles were bought at the front, and now they've lost the opportunity to turn around.
They had no choice but to cut their losses and survive, while Xia Ran was much more at ease compared to these people.
She was like a wise old man, sitting high on a fishing platform, steadily beginning to reap the rewards.
This bubble won't burst in a day or two; she's already prepared for a protracted battle.
Her goal this time was not just to make quick money, but also to buy up shares in these famous companies that would become famous in the future, and to become major shareholders of these companies.
Of course, they also started having their own people keep an eye on Old M's military-affiliated companies.
She plans to bring her substantial capital into these companies at the most opportune moment, aiming to gain a share of the profits.
She can't bring herself to start a war and profit from it, so let her be a beneficiary.
What else can make money as fast as Old M's military company?
This is Old M's most reliable company, bar none.
April 2000 was a dark April, at least for internet and technology companies.
At the beginning of this month, the Nasdaq index fell by about 25%.
The real precipitous drop began this month.
纳斯达克指数从2000年3月峰值5132点,最低跌到10月的1108点,累计跌幅达78%。
By 2002, Nasdaq's market capitalization had been wiped out by nearly 80% from its peak.
AOL alone lost $1000 billion in book assets.
Almost all well-known internet companies suffered heavy losses.
Cisco's market capitalization fell from $5792 billion to $1642 billion.
Yahoo's stock price plummeted from $937 billion to $97 billion, a loss of over 90% in value.
Amazon's value dropped from $228 billion to $42 billion.
Several Chinese companies listed on Nasdaq were not spared in this major stock market crash.
Sina's stock price once fell to a low of $1.06.
It's worth noting that it officially listed on Nasdaq on April 13th.
The opening price was $17.75, and the highest price was $29.125.
As a result, it eventually fell to $1.06. What does that mean?
NetEase is even worse off; it went public on June 30th.
On its first day of trading, the stock price fell below its offering price of $15.5, a drop of 20%, which was described by the media as a "bleeding IPO".
Its stock price once dropped to as low as 53 cents, prompting the exchange to issue a "delisting warning".
Sohu went public on July 12, and fortunately, its share price did not fall below the offering price on the first day of trading.
But the tide had turned, and the outcome was already predetermined. In the end, it still fell to 60 cents.
Of course, when the internet was in turmoil, Xia Ran, with her small fortune and team, bought up the assets of these companies.
The internet winter will continue, and in the days to come, more than 5000 internet companies worldwide will go bankrupt or be acquired.
In this war without gunfire, Xia Ran and her team made a fortune of over 1400 billion US dollars.
They acquired or invested in more than ninety companies, but that's another story.
During this process, Xia Ran also took some time to return to China and unload some goods.
On the eighth day of the fifth lunar month, she gave birth to a baby boy weighing 6 pounds and 3 ounces. His given name is Su Rui, and his nickname is Rui Rui.
With the blessing of the spiritual spring and spiritual fruit, the baby had rosy lips, white teeth, and thick hair from birth.
It doesn't look like a newborn at all; it looks like a baby that's been born for two months.
Xia Ran looked at Su Mingzhe's childhood photos; the father and son looked exactly alike, almost a 100% replica.
This left Xia Ran feeling somewhat frustrated, as if she were just a delivery person who had come to deliver goods.
In terms of skin, he inherited Xia Ran's snow-white complexion; in other aspects, he's a carbon copy of Su Mingzhe.
Fortunately, her own silly dog's features and appearance were much more refined and outstanding than Xia Ran's.
The baby looks better like Su Mingzhe than like her; she's still aware of that.
Her main advantage lies in her outstanding temperament, rather than her exquisite facial features.
Many newborn babies are not very aware of the outside world and are quite unaware of it.
But my own baby is clearly different; his eyes are much brighter and more lively, and he seems to be a bit precocious, as if he can understand human speech.
Xia Ran once suspected that the child might have forgotten to drink the Meng Po soup, but later Jiu Ge said that this was how children were when blessed by spiritual power.
The real problem is not being smart.
My baby doesn't cry or fuss. If he's hungry or needs a diaper change, he'll just whimper softly to remind me and that's it.
He's a very easy child to raise and is grateful for what he has done.
She especially loves listening to Su Mingzhe's voice; as soon as he opens his mouth, the baby's attention is guaranteed to be immediately drawn to him.
This is probably the effect of prenatal education.
After all, Su Mingzhe had read those scriptures he used for prenatal education countless times and could already recite them from memory.
Not to mention Su Mingzhe, Xia Ran was also forced to listen to some audio recordings and was able to memorize those books completely, because she has a remarkable memory.
Xia Ran estimated that her child could recite these scriptures fluently, after all, little Rui Rui had been forced to listen to them countless times.
Whether it's true or false, we'll know once the child can talk.
Phi-Fic