Silicon Valley

Chapter 382: Down Down! ! !

In the past week, U.S. stocks have shrunk by $2.6 trillion, and countless people have lost everything. Seeing that the stock market situation is getting worse and worse, the US government has to rescue the market, otherwise, the stock market will collapse. After the week ended, the U.S. government pumped a lot of money into the stock market to boost investor confidence. However, after the market reopened on September 17, panic selling was still unavoidable, and the major stock indexes continued to fall to the lowest point in three years.

The collapse of Internet companies is even more stunned.

A week later, Cisco's market value dropped from more than $500 billion to $310 billion, literally evaporating $190 billion!

The market value of icq has dropped from $350 billion to $160 billion, evaporating $190 billion!

The market value of Isearch dropped from $280 billion to $120 billion, evaporating $160 billion!

...

There are only a handful of Internet companies with more than $100 billion. A senior Wall Street analyst said, This stock market crash can be seen as the burst of the Internet bubble! The market value of other companies is also falling, but not so hard!

Experts said: Beginning in 1992, the Internet boomed, and global capital was optimistic about Internet companies, and then invested huge amounts of money in it. Under the drive of capital, the Internet bubble formed. Before that, the Internet bubble did not burst because everyone did not I hope the stock will fall. But this time, the 9/11 incident caused the stock market to plummet. The Internet bubble could no longer hold on, and finally burst like an avalanche! The stocks of Cisco, ICQ, Isearch and other companies have plummeted. In this week, the US stock market has Nearly two-thirds of the wealth that evaporated belongs to Internet companies!”

At this time, while Internet stocks plummeted, people suddenly sounded. A few months ago, Henry Williams suddenly cashed out a large amount of money. Isn't this a sign? Could it be that Henry Williams knew the dot-com bubble would burst? ! !

For a time, countless reporters flocked to Williams Manor. Soon, hundreds of reporters gathered outside the manor.

Henry knew that this question had to be interviewed, otherwise, there would be more speculation in people's hearts, and they would even suspect that Henry had something to do with 9/11. Of course, no one has linked 9/11 to Henry yet. So Henry wore a mask and gave the interview.

Henry invited the reporters into the manor. The reporters were surprised and took pictures along the way.

Ten minutes later, the driver took them to a large comprehensive gymnasium.

After the invited reporters had arrived and were ready, Henry took the stage for an interview.

Henry first said briefly: After the 9/11 incident, investors panicked and sold their shares one after another, which led to a sharp drop in the stock market, including Internet companies plummeting! This press conference is held today because everyone knows that I have been cashing out funds since May. Now, do you know the dotcom bubble will burst? My answer is - yes, I know!!!

As soon as the voice fell, there was an uproar in the audience, and there were discussions.

Quiet!!! Henry shouted through the microphone, he said, Actually, the Internet bubble is very obvious, many people can see it, but they still have a fluke, thinking that the stock will go up! I work in the Internet industry. For more than ten years, it can be said that no one knows the Internet better than me. From the establishment of Cisco to the Nicholas Group, and now, every step I take, I have a deeper understanding of the Internet! Since last year, I have felt the Internet bubble It could go bust at any time. Actually, I have greed too, and I also think stocks will go up. I used to have this fluke mentality until I got hit by the bomb.”

Henry paused and said, However, when I came back from hell, my whole life values ​​changed a little bit. Human life is so fragile and short, we should cherish the moment and cherish every moment of our life. Every second. You don’t have to make a lot of money, just use enough money. The key is to be happy. But greed makes people never satisfied. So, I decided to cash out!”

clap clap clap!

The ABC reporter asked: Excuse me, Mr. Williams, when do you think the slump in Internet stocks will end?

Henry shook his head and said, I don't know about that.

CNN reporter asked: Mr. Williams, what do you think the normal market value of Internet companies will be?

Well, it mainly depends on the development of the company. The market value of one or two hundred billion dollars, or tens of billions of dollars, or several billion dollars, I think it's normal.

Mr. Williams, according to the current situation, the Internet company under your name is still plummeting. I am afraid that even Isearch may fall below the market value of 100 billion US dollars next week!

Henry nodded, Yes, there will be a long recovery time after the bubble is wiped out!

...

The reporter interview lasted nearly an hour.

Henry made up a lie, saying that he had experienced life and death, and he had become enlightened, so he decided to cash out funds from the stock market. This statement also seems to have a certain credibility. Besides, for the Internet bubble, countless senior analysts said that they all know that there is a bubble in the Internet, but they just don't know when it will burst. The icq company's annual profit is less than 5 billion US dollars, and the market value is as high as 350 billion US dollars, which is very abnormal. Few Internet companies can make profits. Most Internet companies are losing money, but some companies have a market value of billions or even tens of billions of dollars. Is this unreasonable? There are various indications that the Internet bubble has been very serious. People who are not greedy will naturally cash out early, so as not to feel uneasy all day.

The news of the interview with Henry quickly hit the newspapers, and people could only admire Henry's vision once again.

What else can people do other than envy, envy and hate? Who told people to have good eyesight and cash out early? However, the media later said that, in fact, Henry was the one who lost the most in this stock market crash! He owns 50.1% of the vast majority of companies, and the stock has plummeted, wiping out nearly $500 billion in his worth. And with the passage of time, even more than 500 billion!

Having said that, the investors felt a little better, and their losses were less than a drop of Henry Williams's.

Henry now has nothing to do every day, so he pays attention to stocks.

Let’s fall, keep falling, the worse the fall, the better, so it’s better to buy! ! !

The last time AOL bought Global Online, Henry didn't care much about portals, but Twitter was also sold. This time, Henry wants to buy it back, and he still uses the cabbage price to buy it back. The potential of Twitter was not realized until the smartphone was developed. Twitter is in the hands of AOL, it's a waste!

This time, the Internet bubble burst, and AOL was in trouble. He has always been the second runner-up, making little money, but the stall he has built is huge. As we all know, Internet companies mainly rely on advertising to make money. For a long time after the Internet bubble burst, the advertising price has almost become the cabbage price, and many Internet companies have closed down. AOL will definitely lose a lot, and it will definitely face a financial crisis!

With $400 billion in hand, Henry is bursting with confidence! ! !

(To be continued ~^~)

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