"Mr. Yu, Red Hat's stock price has exceeded 300 US dollars. I'm worried that it will plummet at any time!"
Lin Chang has been waiting for Mr. Sun's order to sell Red Hat and be safe.
"Mr. Lin, don't worry, Mr. Sun will definitely make arrangements."
Yu Jianguo also knew that Sun Jian asked Lin Chang to be prepared to sell Red Hat at any time. He and Li Huabin also believed that the Nasdaq market was now in an irrational state. However, Mr. Sun invested US$500 million in November last year and increased leverage by 10 times. Go long the February Nasdaq stock index futures contract! It means that before the delivery period of the February stock index futures contract on the 25th of next month, don’t worry about the Nasdaq market.
Yu Jianguo and Li Huabin would not have thought that Sun Jian's purpose of selling Yahoo was not only to avoid competition in the same industry, but also to avoid losing the duck after the Internet technology stock bubble burst!
Stay safe!
If you miss this crazy market for Internet technology stocks in the United States, you will have to wait for the next life!
In the past life, Microsoft had repeatedly offered an olive branch to Yahoo, and once offered more than 40 billion US dollars to implement an overall acquisition. Because Yang Zhiyuan was unwilling to be overtaken by the leadership or the asking price was too high, he missed the opportunity, and Yahoo fell from the altar.
Yang Zhiyuan did not object to Microsoft becoming the second shareholder this time.
Sun Jian is not worried that after Yahoo and Microsoft join forces, Yahoo will pose a huge threat to GpIc and pIc.
Although Wukong Angel Investment Fund (wKIF) is one of the affiliated companies of AtIc, it has an independent legal personality. It currently has a registered capital of US$1 billion. It operates independently and is responsible for its own profits and losses. It has independent trading accounts on the Dow Jones and Nasdaq markets. , holds % of Yahoo's equity and is a major shareholder holding 5% of the shares. Before cashing out, it must apply to SEC in writing. It can reduce its holdings to 1% of the total share capital of Yahoo within 90 trading days. Yahoo needs to reduce its holdings after receiving wKIF An announcement will be issued within two trading days after the declaration, and wKIF will prohibit any transactions related to holding reduction within two trading days after the announcement.
Protecting the interests of small and medium investors and limiting the rights of large shareholders is one of the main reasons for the long-term bullishness of the U.S. stock market.
In his previous life, Sun Jian believed that the domestic economy was booming and the investment opportunities in the Shanghai and Peng stock markets were far greater than those in the Dow Jones and Nasdaq markets. However, the opposite was true. It was only after his rebirth that he understood that investing in stocks and stock index futures in the Dow Jones and Nasdaq markets You can make a fortune. The Penghu stock market has no long-term investment value, only a few speculative opportunities.
It is almost impossible for Wukong Angel Investment Fund to sell all of Yahoo's shares in the secondary market to cash out. The only way is to transfer the equity and pay capital gains tax.
Yu Jianguo and Li Huabin suggested using stock exchange to transfer equity to avoid taxes, but Sun Jian did not adopt it. He was unwilling to become the second largest shareholder of Microsoft and had no interest in holding a controlling stake. He also wanted to take advantage of the high price of Internet technology stocks before the bubble burst. All Microsoft stocks are safe.
Microsoft Corporation and Kunpeng Software Group are also competing in the same industry.
Once all shares of Yahoo are successfully transferred, the value will be more than 10 billion US dollars (excluding the capital gains tax of up to 20%)!
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【My 1985】【】
SoftBank sold 2% of Yahoo's shares on the secondary market twice last year, cashing in more than $500 million, which is now worth more than $1.2 billion.
The decade-long bull market in the United States is about to end, and the Internet technology stock bubble that will increase by 10 times is about to burst. In the past life, after the bubble burst, most Internet technology companies were ordered to delist, and the companies went bankrupt. The stock prices of the remaining Internet technology stocks In the end, they were discounted. Even leading technology stocks like Microsoft, Intel, and IBM fell by 70%, and no one cared about them.
Enron went bankrupt due to financial fraud, triggering a series of chain reactions...
Investors who invested in Nasdaq Internet technology stocks saw their wealth shrink by an average of 80% from March 2000 to March 2001!
Huang Liang Yi Meng!
Horrible!
In order to preserve the investment fruits of the past nine years, Sun Jian instructed Yu Jianguo and Li Huabin in the first half of last year to start taking action. AtIc applied to SEc for cash out and transferred more than 5% of its stock shares in Microsoft, Intel, IBM and other companies in batches. If it drops below 5%, prepare to cash out before March, and wait a year before buying stocks of high-quality companies such as Microsoft, Intel, and IBM.
AtIc can cash out 1% of its stocks within three months. When the market is booming, it will not attract undue attention from listed companies and the market.
Internet technology stocks such as Qualcomm, Red Hat, VA Linux, etc. with a shareholding of less than 5% will be sold and they will be safe.
AtIc has also purchased 230,000 shares of Yahoo stock on the Nasdaq market at market price in recent years. Through bonus shares and allotments over the years, the number has become 237,7280 shares, accounting for %, which is also within the range of selling.
The stocks purchased by AtIc on the secondary market are two different things from the stocks held by wKIF in the same company. They can be sold freely on the secondary market as long as they do not exceed 5%.
As the second largest shareholder of listed companies Cymer, mEmc, Marvell, eBay, and Amazon, it is extremely difficult to cash out all of wKIF's shares. It is also a coincidence that wKIF can become the second largest shareholder of these future large companies. It will be left as a family heirloom.
AtIc, as the controlling shareholder of GcA and the second largest shareholder of Apple, pIc, as the second largest shareholder of ASmL, and wKIF, as the largest shareholder of 3dfx and NVIDIA, have no chance to cash out. The opportunity is rare. Once sold, think again. To become the controlling shareholder and the largest shareholder, the price paid will be more than the money earned from selling the stocks.
Sun Jian also wanted to see how Jobs would stand out in an environment where Sugon Communications Group and Guozhi Semiconductor Group emerged.
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"Welcome Mr. Sun to come to the scene in person!"
…
"Congratulations Mr. Case!"
…
On January 10, 2000, wKIF, as the fourth largest shareholder holding % of AoL's shares, Sun Jian was invited by AoL's CEO Steve Case to come to Manhattan, New York, to attend the AoL The merger ceremony with Time Warner was warmly welcomed by Case, Warner boss Ted Turner and Warner chairman Gerald Levin.
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【My 1985】【】
Greenspan, Lewis, Gates, Bell, Buffett, Murdoch, Chambers, Grove, Marconi and other distinguished guests from the American political and business circles gathered in the house.
Bang bang...
In front of a large number of journalists, Steve Case and Gerald Levin hugged each other tightly, and the audience burst into warm applause.
After the merger of the Internet giant AOL and the media giant Time Warner, the new company was named AOL Time Warner, with a total market value of US$350 billion, becoming the world's first comprehensive Internet-oriented public company. Communication and Communications Corporation.
This move is a merger in name, but in essence AOL acquires Time Warner, which has a total market value of US$97 billion, at a sky-high premium of US$164 billion.
Time Warner in the United States will become the 8th largest company in the world, with annual sales exceeding US$30 billion, equivalent to the combined GDP of Mexico and Pakistan.
