Raised high, gently put down, and disposed of its two important managers, the next day, sure enough, Jim Clark's desperately framed good news and the brag of technology hero Mark Anderson on various occasions all melted like ice and snow with Netscape's fourth-quarter huge loss financial report disclosure, and the stock price completely lost support, and it dived straight as soon as it opened.

"It's below the 67.5 dollars we sold last time!"

"It's five!"

"It's four!"

It's too fast, Song Ya and O'Grady screamed on the phone, watching Netscape's market value drop by 40%!

"Real M-FXXK Thrill!"

It wasn't until the forty-knife mark that Song Ya's eyes were taken away from the K-line of the Bloomberg machine, "Jim, they must have run away in advance, right?" ”

"Jim ran a part, and a small number of options from executives such as Mark Anderson and Bucksd were also exercised some time ago."

Ogladi replied.

"SHXT, will they be sued for this?"

The financial report is issued by the company itself, of course, it can be controlled with accounting skills, Q3 and semi-annual reports can look very good, Q4 and annual reports suddenly become like this? The revenue of a large company will not have such a cliff-like collapse, Song Ya sighed, "They are so bold!" ”

"As long as it is legal to sell stocks, you can't grasp the handle in the process of generating financial reports."

It's all professional, Ogladi laughed: "Jim, they shouldn't be so stupid to leave evidence to the outside world, of course, investors who are kept in the dark will definitely not do it." APLUS, the performance of the Internet sector today has been dragged down, in fact, Netscape is like a normal company, and the operating income of many other Internet stocks is even negligible...... Are we going to drop some? ”

"Hmm...... I'll take a look at it again. SONG YA BEGAN TO LOOK AT OTHER ONLINE STOCKS SUCH AS YAHOO THAT HE STILL HELD.

"The news mentioned you, watch CNBC!" Ogladi shouted.

"Did APLUS liquidate all Netscape stocks last year?" The guests of CNBC's financial column are looking down for documents.

"Yes, it's cleared, before the Q3 earnings report came out, the price was 67.5 dollars."

The host replied: "After Netscape's Q3 financial report came out, the stock price rose slightly, and some people laughed at APLUS at that time, and his earlier price was about 135 dollars, and he was also ridiculed, because then the stock price immediately rushed to a high of 170 dollars." ”

"As Mr. Warren Buffett said, don't care about the short-term fluctuations in stock prices, fear when others are greedy, and be greedy when they are afraid. Is that right? ”

The guest smiled, "It seems that it is not unreasonable for APLUS to be invited to lunch by Mr. Buffett, and his fortune is not entirely due to luck." ”

"In short, now Netscape's management is in trouble, and it is rumored that many investors and investment institutions are going to launch class action lawsuits to sue them for false disclosure, mainly because last year's third quarter financial report and semi-annual report, which are too different from Q4...... Wait a minute! ”

Host holding the ear monitor? "Netscape President Bacchus has just issued a response, claiming that Q4's loss and market share decline are mainly caused by Microsoft's unfair competition, and they bundle the free Internet Explorer Barabala...... in the operating system"

"Everything goes to Microsoft."

What are the clichés that are not nutritious? Looking back? Because of the timing of several shots, there is no place to be questioned? After a few words of praise in the financial column, he didn't pay attention to himself, the former small shareholder, Song Ya turned off the TV and sighed: "Now I look at Netscape and want to miraculously turn over, there is only one way to bring down Microsoft." ”

"As long as the concept is in, before the court renders an adverse verdict? Netscape doesn't fall to worthless. ”

Ogladi analyzed: "So someone is about forty dollars to pick up the chips. ”

"What do you think? Want to get a little bit more? He asked on a whim.

"No? Microsoft will be unhappy. ”

If he returns to Netscape at this time, he is likely to be hyped by Jim Clark, and Song Ya is now desperate for Netscape to lose the lawsuit? After all, 3DFX has already cooperated with Microsoft in deep binding? Law firms all use the PGE of the richest man's father.

3DFX has also just released its Q4 financial and annual reports? But was stolen from the limelight by Netscape? Is this a good thing? Because 3DFX's earnings last year were also significantly worse than expected? But at the same time, the VOODOO2 graphics card performance data disclosed detonated the industry, and the full distribution in early February was seduced by this major benefit, and the stock price was barely stabilized.

By the way, Warren Buffett's Berkshire Hathaway's annual report and shareholder statement are also out? You can look into it. ”

O'Grady hung up the phone.

'97 The company's net worth increased by $8 billion? Net book value per share increased by 34.1 percent...... The compound annual growth rate is about 24......'

"Twenty-four percent...... Didn't outperform the NASDAQ market? Hee-hee...... Learn from me to invest more in the Internet. ”

THEN GLAD TO SEE NETSCAPE AND YAHOO'S STOCK PRICE PERFORMANCE DAY BY DAY? Song Ya was complacent, and found Buffett's notice to shareholders, "Huh? After reading the full text, I found that the old man didn't mention Disney that he had talked about at the dinner table before.

Wasn't that the case before? Song Ya remembers that in Berkshire Hathaway's 95-year letter to shareholders, Buffett made a long discussion about the merger of Disney and Metropolis/ABC, and there was a bit of smugness that could not be concealed between the lines.

From the time he was 66 years old, when Disney's market value was less than 100 million, he had a unique vision to hold its shares, and then talked about the Metropolis snake swallowing the ABC......

Since Buffett owned a large number of shares in Met-Met Communications at the time, this merger can be said to be to some extent procured by him, and later Disney's acquisition of Met/ABC, his Berkshire Hathaway was able to make a lot of money, twice.

So now Buffett has a lot of Disney stocks in his hands, but the old man doesn't mention Disney in the annual report, and Song Ya rummages through Berkshire Hathaway's annual report, and the common stock portfolio table shows that he has reduced his holdings of Disney.

"Last year......

Because he knew that Buffett had supported Ovitz and had a bad relationship with Disney Emperor Eisner, Song Ya realized something a little, and asked people to find Berkshire Hathaway's shareholder notice and annual report last year, which also did not mention a word, and was also reducing his holdings.

"No wonder we talk about Disney ...... at dinner"

Song Ya muttered to herself, "The old man was testing whether I was willing to take over...... Really, to put it bluntly, I don't understand the hints. ”

Warren Buffett seems to be a kind-hearted activist, and he silently reduced his holdings when he was dissatisfied with Eisner's business style, but he never said bad things about Eisner publicly, and he may also want to wait for the stock to be cleared before scolding? In short, the conservative old-school style is the opposite of another high-return financial tycoon, Carl Icahn, who is aggressive and always shouts about the real and the fake, and grabs it whenever he can.

Of course, the most prominent figure in '97 was Hunt Ross, who carried the banner and directed hedge fund funds to make waves in Asia, and that guy attracted even more hatred, and when he heard that several Southeast Asian countries that had been hit the hardest hit wanted him, he was eager to eat his flesh and drink his blood.

"Speaking of which, I have invested 50 million in the Madoff Foundation for more than a year, and it is time to pay dividends."

Song Ya ended her cranky thoughts, picked up the phone and called her Foundation usher, the tycoon Pikauer.

"The little thing, the last time Goodman asked me about the money, I vaguely realized that he wasn't acting normally, but...... You know we're not going to do anything else for you. ”

First of all, he thanked the other party for rejecting Goodman's suggestion to withdraw money while he was in a coma, and Picaul laughed: "Has that money been saved for more than a year?" I don't quite remember, I happened to be with Mr. Madoff, yes, New York. Come on...... The earnings should be beautiful. ”

Song Ya immediately ran to see Picaul and Madoff.

The chairman of the NASDAQ exchange has taken another path, mysterious, tight-lipped, never sharing wealth passwords with others, never nagging like Warren Buffett, not as savage as Carl Icahn, and not as bloody as Ross who set off the capital market at every turn, this is the real god of investment.

However, Song Ya is not worried about the yield, Madoff can earn more than 30% a year by buying his own NASDAQ index, and he is likely to be providing ammunition for international travel funds such as Hunting Rose, so he will not stand in front of the stage.

"Hehehe...... APLUS, DID YOU INVEST IN THE TITANIC...... We were all talking about you just now. ”

The economy is good, the stock market is good, and Madoff is naturally in a good mood with a smile, "Come on." ”

Song Ya grabbed his coat and went out, and was successfully led into Madoff's study by Picaul that night, where a man dressed as an old butler presented a document on a silver tray.

"Your annualized return is about 20 percent."

Madoff took a look, dismissed the butler, and handed over the documents to Song Ya.

"Really?"

Song Ya is ecstatic, this is much better than saving in the bank! Because of the savings for more than a year, minus the asset management fee and the share given to Picaul Madoff and other uplines, his 50 million has now become about 65 million.

His eyes lit up, what Buffett, Carl Icahn, Hunt Rose, a bunch of scumbags, or put the money from diversified investment here to worry!

That's it, there should be several levels of Picaul above me! The higher the level and closer to the core, the higher the rate of return should be!

Upgrade, upgrade! Gotta find a way to level up! Climb up again!

Song Ya glanced at Kaul, and then walked to the wine cabinet excitedly and poured champagne for the two bigwigs, the youngest of the three.

"You're going to make a withdrawal, right?" Madoff asked, "Tomorrow, it will be done soon." ”

"No, no, no."

How can I be willing to withdraw, "I want to invest some more." Song Ya handed the wine glass to the two of them, "Is it okay?" ”

"Absolutely, always welcome." Picaul laughed.

"Sir, the Société Générale is here." The butler pushed the door open and came in to report.

"Let them wait a moment...... "Madoff looked up at his watch.

"Enough 100 million? No! 130 million! ”

I did hear that a large number of European bankers have deposited their rice knife assets in the Madoff Fund, and the time seems to be a little tight, Song Ya calculated his idle funds, and simply, doubled it again, and chased 65 million into it.

"Haha, it looks like you've come out of the rebellion of the private lawyer and Delay?" Madoff should have also paid attention to the case of the American music website.

"They can't beat me!"

Song Ya raised his glass ambitiously, "To you, Mr. Madoff. There is an old saying in China, moisturizing things silently, which means that the drizzle moistens everything but never makes a statement, and I think this is the best commentary on your investment style. I have great respect and admiration for you, as well as for Mr. Picault. ”

"Haha, thanks, cheers?"

"Cheers!"

This glass of wine had to be drunk by making an exception, and Song Ya drank it all.