Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

In fact, as early as May this year, Wang Lei and others were secretly clearing out their shares in technology and Internet.

The financial market is a game of running fast.

By October, Wang Lei's shares in major Internet listed companies had fallen to the lowest point.

As for why he didn't clear out all of them, it was because he didn't want to offend people.

So he planned to have a good chat with the founders alone.

Clark was the first to come in anger.

Clark's status is now different from the past. With people's pursuit, Netscape's market value has exceeded the 150 billion US dollar mark.

As a founder, he naturally became a frequent visitor to the top 20 of Forbes.

Netscape, with its website navigation, has become a banner of Internet listed companies and has a leading position among Internet companies.

Wang Lei has been selling Netscape shares, and he naturally knows it.

The expansion of Wang's and Bailong requires a lot of money, and selling stocks in exchange for funds is a common operation of capital.

But Wang Lei's choice to clear out his shares is something he can't understand.

He really wanted to know what made Wang Lei make such a decision.

Wang Lei's liquidation would lead to a series of chain reactions, and it is possible that Netscape's stock price would collapse, not to mention that he would lose an ally on the board of directors.

"Lei, why?"

The two of them were acquainted with each other, but now their relationship is even closer than Yang Zhicheng's in private. Clark is one of the few friends Wang Lei can play with.

So Wang Lei said bluntly:

"Microsoft is likely to be sanctioned for monopoly."

"What does this have to do with Netscape? Our secret project - operating system is mature. Microsoft's sanctions are a good opportunity for us to rise again..."

Wang Lei interrupted his self-entertainment and said:

"Clark, wake up. The Internet bubble is already big enough!"

Clark was stunned for a moment when he heard the roar. He thought of something and said:

"Are you still insisting on your bubble theory?"

"Didn't we verify that the Y2K bug would not have a big impact on Netscape?"

Wang Lei smiled and said:

"I don't want to argue with you about this. As a friend, I give you a piece of advice. Cash out while the price is high, or you raise funds to buy my shares."

Seeing that Wang Lei had made up his mind, Clark was not confident enough that he could shake the will of a chaebol, so he decided:

"Give me some time, I will take over your last 5% of the stock."

After that, Clark left in a hurry again.

He built Netscape bit by bit. As a founder, it was impossible for him to separate from Netscape.

He almost bumped into Yang Zhicheng, who also looked anxious.

The two just nodded and said hello, and Clark left in a hurry. Yang Zhicheng didn't want to chat with him and walked straight into Wang Lei's living room.

"Zhicheng, come and sit down and have a drink with me. Clark is so boring."

Yang Zhicheng was in no mood to drink when the time came.

Now is the time when Yahoo is in its heyday, and its market value has officially exceeded the 100 billion US dollar mark.

But his iron-clad sponsor said he didn't want to play anymore and wanted to sell all his stocks.

As a result, Yang Zhicheng rushed over from another high-end cocktail party.

"Boss, are you serious?"

"Yes, Zhicheng, you have two choices, one is to sell all Yahoo shares like me, and the other is to take over the existing shares in my hands."

Yang Zhicheng heard that it was not to be refused. Now that Yahoo is hot, how could he bear to withdraw?

Besides, Yahoo is now a big Internet company and is actively playing the role of an investor. It feels very satisfying to be the big brother. He has just experienced the fun of being a big brother. How could he easily withdraw?

No one can make him withdraw from Yahoo.

Even if this person is Wang Lei, his former biggest sponsor.

The answer is self-evident.

"Zhicheng, you have an indecisive character..."

Looking at Yang Zhicheng who was leaving, Wang Lei knew that people would change. He didn't know when this person would no longer listen to his advice.

It was hard to persuade the damned ghost with good words, so Wang Lei could only give up.

What made Clark and Yang Zhicheng speechless was that Cayman Capital also sold their company's shares one after another.

Cayman Capital, which once held a large position in the Internet, was also quietly clearing its position.

Some large foreign institutions gradually became the receivers of the Internet in the United States.

The two founders vaguely realized that something big was going to happen.

...

Although Robert and Wang Group were given a month.

But Microsoft's stock still fell back slightly.

Obviously, people did not notice that the capital that got the news in advance was withdrawing in advance.

A month later, all major TV networks in the United States suddenly stopped broadcasting.Entertainment programs reported the verdict announced at 6:30 p.m. on Friday as breaking news.

The federal court made a decisive judgment on Microsoft's business behavior:

Microsoft is guilty!

Investors in Microsoft had the most difficult weekend in 90 years.

At this time, an expert jumped out and said:

"Next Monday will be a disaster for Microsoft's stock price. We will adjust the buying level of the relevant stocks appropriately."

Such an evaluation is actually too conservative. People still don't realize that the water in the hot pot is on the verge of boiling.

Sure enough, on Monday, Microsoft's stock price only fell further, and did not collapse.

And Wang Lei and Robert began to clean up the shares of other companies.

The first to bear the brunt was AOL, Wang Group and Cayman Capital each had 6% of its shares.

The reason why they waited until November to start thinking about selling was that AOL took the initiative to contact Time Warner, and there were constant rumors in the market that the two large companies were going to merge.

Once the two companies merge successfully, the total market value of "AOL-Time Warner" will reach 350 billion US dollars!

"Merger of the century", "the biggest innovation in history"...

The continuous good news has brought AOL's stock price to an unprecedented peak.

Robert was reluctant to sell AOL shares.

"Boss, can't we wait two more days before selling?"

"AOL is already terminally ill. Not long ago, I asked you to acquire AT&T Broadband Network, which was the last straw that broke the camel's back for AOL."

The fall of giants is often due to not keeping up with the times. It has been said before that AOL's core business is dial-up Internet access.

The Internet speed of broadband Internet is several times faster than the DSL high-speed Internet service launched by AOL. DSL technology has nothing outstanding.

After the merger, Time Warner's shareholders soon discovered that they had acquired a large parallel import.

AOL did not pretend. In the first year of the merger, it lost 54.22 billion US dollars, setting a record for the highest quarterly loss in the history of the United States.

In the second year, the loss was as high as US$98.7 billion, and the market value evaporated by nearly US$100 billion!