Volume 2 The Commodity Society Chapter 138 The Internet Bubble
A farewell banquet for the rich man ate Zeng Xiaobo's tens of thousands of oceans, and although he was a little distressed, it was worth it. At least, Chen Feng had a good impression of him, and personally toasted him with a few glasses of wine during the banquet, so that he could keep in touch with him from time to time in the future.
At this farewell banquet, many male and female classmates were unpresumptuous, and they were all drunk. However, despite being drunk, everyone was happily drunk, and they did not look like they were separated from each other graduating class. In the end, Chen Feng saw that several of them vomited and had to end the banquet in advance and let the sober people send them home. As for whether they will be scolded by their parents when they go home, of course he can't care about it.
In less than two days, Xiuzhou's two largest circulation newspapers and periodicals, "Metropolis Express" and "Xiuzhou Evening News", were in a prominent position on the front page, publishing the news that the city's No. 1 Middle School had achieved amazing results in the third class of the junior high school entrance examination.
As soon as this report came out, although there was no name of "Chen Feng" on it, who in Xiuzhou City did not know that the third class of the first middle school in Xiuzhou City was Chen Feng.
Under hearsay, Chen Feng's glorious image can't help but become more and more dazzling, so capable of writing and martial arts, learning top-notch, and kind-hearted. The handsome and handsome super super boy can only appear in a fairy tale world, but now he really appears in the real world. How can this not keep people curious about him, want to know more about him, and learn more about him.
This kind of strong market demand has stumped a large number of media reporters, which is like a beautiful woman standing in front of you scratching her head. But you, a very healthy man, are unfortunately bound hand and foot, unable to move. What can I do?
However, on the Internet, especially on the website of the "Chen Feng's Home", it was announced for the first time that twenty days before the high school entrance examination, Chen Feng tutored the whole class to review, so that the whole class achieved incredible high school entrance examination scores, and the first-hand information was announced, and the third class of the junior high school of the city No. 1 middle school was admitted to the whole class of the city No. 1 middle school and high school. And keep the class number local news.
As soon as these news were announced, they quickly spread everywhere on the Internet, causing widespread concern among netizens across the country.
Countless fans left messages on the Internet, begging Chen Feng not to abandon them and continue to write better and more touching songs for them, and they vowed to support him forever.
Although Chen Feng has always wanted to keep a low profile, he has been doing very high-profile things intentionally or unintentionally in the past few months. This made his fame rise instead of falling, and gradually reached heights that even he could not imagine.
However, at this time, Chen Feng of course had no way to care about these gossips on the Internet. Because, he is closely following the stock market news on the other side of the ocean.
From April to June, the $2 billion that was originally given to Karina has quadrupled to more than $8 billion. Now her name as the "financial huntress" on Wall Street has gradually become known, so that the majority of stockholders in the United States who have been trapped and fallen miserably are all stunned and crying out for magic. This has to make Chen Feng greatly admire his superhuman vision, this Karina is really a super super compound talent with both beauty and wisdom. For this reason, Chen Feng has promised Karina a reward for a set of Hong Kong's top villas worth less than HK$1 billion. This reward is fully deserved by her. In addition, he also gave Karina a team a red envelope of five million US dollars, which Karina herself distributed.
This promise of a heavy reward certainly boosted the morale of the financial trading team led by Karina.
June time. The U.S. stock market went through its first round of declines. Investors believe that the sharply reduced the risk of the stock market by the sharply reduced P/E ratio, and that the stock price could recover steadily.
It was at this time. Ding Lei, CEO of Wangyi, and Zhang Chaoyang, CEO of Sohu, both thought that the time they had been waiting for for a long time had come, and they went out again and were listed on the NASDAQ successively.
First of all, on June 28, Wangyi was officially listed on Wall Street in the United States, with an opening price of $15.6, and at the close, it fell below the issue price to $12.225, a decrease of 21.77%, with a volume of 4,472,800 shares. When NetEase went public, compared with the two domestic concept portals that were listed first, China.com and Xinglang, it was not favored and popularized by investors.
This blow is undoubtedly huge for Ding Lei. But although Ding Lei, a colleague and an old friend, had already broken their heads and bled out, Zhang Chaoyang had no choice but to send his arrows on the string, and without hesitation, he also followed the NASDAQ and went public, with an opening price of $16.35, which once fell to $15.62 on the same day, and finally closed at $16.03. Such a performance is of course better than the shocking bloody listing of the net billion, but it is also fifty steps and a hundred steps, and the two domestic Internet concept stocks are the same on the day of listing and fell below the issue price.
China's three major web portals, without exception, suffered Waterloo in the United States, and other domestic websites have entered a harsh winter, a large number of websites began to close down one after another, and some people predict that by October, at least 80-90% of the domestic websites will go out of business, which is a record number of reprints and citations in the domestic media in 2000, and it is almost a curse that everyone has added to the entire Chinese Internet industry. This is also understandable, every time the Nasdaq falls, the spittle on Internet companies and Internet "heroes" will become thicker. People in China believe that every time the stock market falls, it is the fault of the Internet. But this assertion is of course nonsense in Chen Feng's view, except for his "foresight" of future history, from the perspective of a bystander. This assertion can only be true unless the domestic Internet industry is no longer developing, technology is no longer advancing, or investors will never invest in the Internet industry again. However, these two prerequisites are obviously unrealizable, the development of mankind and the development of scientific and technological civilization. It is bound to accelerate the development of the Internet industry, and the re-emergence of the Internet industry is completely predictable.
The dot-com bubble burst. Let countless people wake up from the crazy action of burning money. Only profitable Internet companies are valuable and worth investing in.
Chen Feng is undoubtedly a supporter of this understanding. Because he has long foreseen the value of several Internet companies and technology companies in the next ten years.
The first is of course Cisco, now the world's most valuable company, because even though its market value is shrinking dramatically, it still maintains an astonishing rate of profitability and growth rate. However, although Chen Feng did not have a specific time in his mind about the all-time low price of Cisco stock in his previous life, he also knew that now was not the time when its stock price was at its lowest. Only when it is at its lowest, taking the opportunity to buy aggressively can be the most cost-effective.
The second, needless to say, is still Microsoft. In this stock market bubble, Microsoft President Gates has lost more than $10 billion, but of course, buying Microsoft's shares at this time is not an appropriate opportunity.
From Chen Feng and Karina's mutual discussions in the past few months, coupled with the extremely detailed memory history of the past life in Chen Feng's mind. It is very likely that November this year will be a very safe time.
To say, there is another Internet company that has attracted Chen Feng's attention to Alibaba. Chairman Ma, the strange-looking founder of Alibaba, is also a generation of tyrants in the Internet industry, and ten years later, he let the people who laughed at him and despised him. They couldn't help but obediently close their mouths and look at him with looking up. In March 1999, Chairman Ma scraped together 500,000 yuan and began to create Alibaba, and in July of the same year, Alibaba China Holdings Co., Ltd. was formally established in Hong Kong, which is the head office, and in September Alibaba (China) Network Technology Co., Ltd. was established in Hangzhou, which is the headquarters of China, and has obtained $25 million in financing from financial investment opportunities such as SoftBank, Goldman Sachs, and Fidelity Investment in the United States.
If it was according to Chen Feng's previous principles, he would have started a long time ago. I've found the great Chairman Ma. But Chen Feng didn't do that. One of the reasons. It's that he doesn't like Chairman Ma as a person, and people's first impressions are very important. Although many people like this eloquent, recognized domestic e-commerce leader, Internet hero, Chen Feng still doesn't like him, I believe that like Chen Feng, he doesn't like this strange-looking person, there are definitely not a few, especially after he specially published a blockbuster "Quotations", he talked about him, a reincarnation of a saint, a philosopher in the world, Chen Feng is very unaccustomed to it;
The second reason is related to the painful experience when he was in college, when their family was worried about his father's diabetes, his livelihood was worried, he tried his best to make money during college, it is needless to say that he was cheeky to report to the student department, participate in the work-study program, and finally got a job as a tutor, but unfortunately the good times did not last long, only two classes, because the other party felt that he was messing with time, teaching was not professional and was dismissed, this first dismissal had a great impact on him, and then basically did not find a good family, was retired several times in a row, and after that, his mind to be a tutor was also light。 It just so happened that a guy who was in the same bedroom with him at that time was also short of money to spend, and because he had a "book", the two of them discussed it and decided to open Taobao. At that time, Taobao was overwhelmingly advertised, TV, radio, newspapers and magazines, and the Internet was everywhere, and relying on Taobao to open stores, the news of getting rich in a year or even a month was also endless, and Chairman Ma at that time proposed a "Taobao Employment Plan" for one million college students to encourage college students to open stores in Taobao. So, at that time, the two were in such an atmosphere, full of dreams of making a fortune, participated in the "Taobao army", the two discussed with each other for a few days, and decided to do the clothing industry - women's clothing, because the page above selling thousands or even tens of thousands of clothes a month really greatly stimulated their nerves, and the two unanimously decided to make five hundred per person, and make up a thousand yuan to make a start-up capital The source of goods, when the other party opened the minimum batch quantity of 200 pieces, the total price was 3,000 yuan, the two discussed and discussed, and finally were dizzy by the "Taobao Dream of Getting Rich" promoted by the news media, and borrowed enough 3,000 yuan, and then ...... The tragedy was doomed.
The so-called "foreign trade women's clothing" are some beautiful shape, extremely bad quality clothes, the two of them tinkered for two days, before they officially opened the store pù, hung up Wangwang, and then one day no one cared, garbage advertisements rang every few minutes, two days still, three days still ...... A week passed, and only two customers came up to ask questions, and then quickly flashed ...... A month later, both of them wanted to cry without tears, and the other two people in the same dormitory also had a lot of opinions, because the clothes they entered piled up the dormitory like a warehouse.
Later, the two had to ask their classmates to sell it in school, but those girls took the real thing and took a look, the texture of the clothes was more like a rag than a rag, how could they buy it?
By the end of the semester, none of them had been sold.
The two of them were ruthless, and they hung these clothes on the Internet and sold them at cost price, so that they finally sold a few pieces, but the good times did not last long, and several bad reviews in a row hit their reputation of only one heart to the bottom...... Later, the two couldn't remember how many stores they opened, but they only sold a dozen pieces of clothes.
Seeing that the semester was over and graduation was imminent, the two of them gritted their teeth ruthlessly, and went to set up a stall with these clothes on their backs, still at cost price, but the house leak happened to rain overnight, and after finally selling dozens of pieces, they were caught by our great city management, not to mention that all the clothes were confiscated, and they were fined two hundred yuan, which really made Chen Feng feel painful.
This painful "Taobao dream" has been remembered by Chen Feng to this day, and his resentment towards Alibaba, Taobao, and even Chairman Ma has of course continued to this day.
Chen Feng was hesitant to take a stake in Alibaba, but last summer vacation caught up with the sudden move out of the Hongye family, and this stake in Alibaba was not the slightest interest in him at that time. After that, because of this and that, they forgot about it.
However, now taking advantage of the bursting of the Internet bubble, the domestic Internet industry is undergoing the test of life and death, which may be a very good opportunity.
Of course, because of his personal opinion, Chen Feng did not plan to meet him in person, and according to Chen Feng's current status, it was completely unnecessary, just leave it to Karina or other senior executives of Huateng to deal with it all.
Ps: Ask for a monthly pass!!Give me a monthly pass. Lao An doesn't want to fall into the 300 outside, he is already at the pass, everyone helps.