American Fortune Life
Chapter 1574: Yes, Robbery in Fire!
Looking back in history, in the 1980s, many great businesses were created around the world, and Qualcomm was one of them.
Blind, confident and arrogant Intel, ignoring Qualcomm, has been surpassed by Qualcomm in its mobile chip business and will even miss out on great opportunities for mobile internet.
Qualcomm has been actively engaged in the patented deployment of CDMA for many years and has driven CDMA to become the latest standard agreement in the 3G industry.
The aim is to make patent licensing contracts with Qualcomm almost mandatory for companies in the industry that manufacture and sell 3G products.
Qualcomm has so many 3G base patents that even its competitors have to use them.
At a time when countries around the world are issuing 3G licences, virtually every technical standard in 3G cannot circumvent Qualcomm, which owns intellectual property rights to its main core technologies.
As the founder of CDMA technology, Qualcomm has almost a monopoly on the use of all technology patents related to CDMA.
Any company that requires a patent for CDMA technology is required to pay a substantial royalty to Qualcomm.
Now, Andy's just going to be the big guy in the chip business through capital operations. This experience, I'm afraid, will make Intel, ARM, Apple, Four Star, Yingweida and other chip giants and newcomers “bite their teeth," while also being more vigilant, the Wolf of Capital is here!
Everyone knows that chips are at the top of the industry and can achieve results, relying on long-term sustained R&D investment and accumulation, with no shortcuts to go.
Not only does it take a lot of time and investment in the early stages, but it still requires sustained investment in the later stages, without any laziness. The chip industry is a fast-upgrading, iterative industry, and without sustained high investment in R&D, the leading edge may not last long.
No one knows, however, how appetizing and ambitious Andy Smith is, but when he succeeds in winning Qualcomm with superb capital operations and courage, no one can guarantee that he will continue to annex larger industry peers to build his semiconductor empire.
Semiconductor Empire?
Of course, Andy will not stop at a Qualcomm company, nor will he stop at being the chairman of only a large number of institutional shareholders!
How could he leave his destiny to others?
Andy has never trusted these institutional investors, because he knows better than anyone, like everyone else, that it's not too early to lose profit, that today they can abandon the current Qualcomm board members for the benefit, and that tomorrow they won't hesitate to kick him out for the greater good!
Two years of experience helped him understand a commercial iron rule, become a hunter, or a prey.
Step out of the Giants Gymnasium Celebration, return to the Gaia Building, stand in front of the Free City Investment Company's electronic screen wall, watch a bloody digital jump, Andy's face with a pale expression.
While enjoying the eyes of his subordinates full of awe and worship, he also mourned what Grandpa Smith had said to him.
“The path to ambition must be paved with the bodies of many victims! ”
For two consecutive days, the stock plummeted and made the whole market cry again. As a fighter, Andy found that he had no guilt whatsoever, some just the joy of achieving his purpose! Watching the enemy cry powerlessly after dying, he was only excited!
“Boss, we've started to lose... ”
Budderstone handed Andy a report, a thorough summary.
Andy took a look at the numbers on the report and said faintly: “The loss is inevitable, if you want to wash your cards, you can't afford anything. The key is whether it's worth it or not, which is a loss compared to what I can get, it doesn't matter. ”
Even though he pryed the whole thing, when he pressed Qualcomm stock prices, he still needed the real price, the next fight of the real knife gun, to crack down on the madness for two days in a row, in order to wash all the unsettled investors out.
Multiple empty games, slashing plates and defending slaughter, each time is a comparison of capital, causing losses is inevitable!
Especially what Andy needs to do is throw the dishwasher, and suction without traces, which naturally leads to losses under Andy's cost-neutral strategy.
Besides, the part that makes money for itself should fill the funding gap for slamming and sucking, but at the moment it's not settled until Andy Smith gets enough chips.
No rush, he chose to abandon the overall acquisition strategy, which was not willing to be blackmailed by Qualcomm shareholders at high prices, and chose to step back automatically to take a holistic view. That's what it takes to swallow a whale, one bite at a time to swallow the whole whale!
“Hitting $25 before closing today is one thing everyone understands: I Andy Smith's hitchhike is not for everyone! ”
“Understood!”
Listening to all the people in the lobby answering in unison, Andy nodded with satisfaction and continued to watch the red numbers jump on the big screen as his mouth rose.
“Boom, boom, boom...”
The crisp stepping on the high heels came from behind, and Andy looked back and the assistant grabbed the phone and walked over quickly.
“Boss, General Electric CEO Jeff Imert--”
“Oh?” Andy curled at the corner of his mouth with a slight smile, turning to Budderstone and laughing: “We washed out a big fish, and it was a big fish that was drowning, haha. ”
There was also a smile on Budstone's face, and all they did was get these institutional investors and the so-called 'white knights’ to surrender their guns. Now that we have the first one, will the next one be far away?
“Oh, you go on, I'll talk to our White Knight. Shh, it's time to harvest! ”
Though unexpected, it makes sense to think about receiving a call from Jeff Yimert. After his questioning of the Qualcomm Board, Qualcomm's major shareholders and investors created a crisis of trust in the current Qualcomm Board, expressing their dissatisfaction that Board members ignored shareholders' opinions and made major acquisitions.
This is undoubtedly to shackle the board of directors, faced with festive persecution by Andy Smith like a wolf, they can only watch, can't use the funds to start a buy-back plan on the company stock to support the plummeting stock price, can only watch Andy Smith ravage Qualcomm stock price and those white knights, hang!
Now, finally, someone can't sustain it, can be willing to spend a lot of money to buy Qualcomm shares, obviously only Andy Smith, would have wanted to salvage a handful of generic electricity while pitting Andy Smith. Faced with the media's questioning that generic electricity, which is already difficult to protect itself, still spends valuable liquidity on Qualcomm, Jeff Imert had to make a trade-off in the face of the angry questioning of generic electricity shareholders who had long lost patience, you know that GE stock price performance is already one of the worst of the average component shares of Dow Jones Industry.
Just now, under pressure from GE's aggressive investors, Imert also had to launch a two-year cost cutting plan to boost profits from industrial manufacturing in its core business.
It doesn't matter if you contact Andy Smith, whether he's ashamed or ashamed of himself or not.
“ Well, Jeff, who made our previous collaboration very pleasant, so, $28 a share, I'll take all of your Qualcomm shares! ”Andy raised his mouth and put his feet on the desk, lying on the boss's chair, and said with a very painful eyebrow.
“You...”
Imert's eyes erupted, his face rose red, his hands clutched tightly to the phone handset, his blues burst, and he couldn't help but leave to hang up the phone. He thought Andy Smith's call would be embarrassing, and even if the negotiations were successful, it would be a loss, but how could he have guessed that Andy Smith would rob with such fire?
“Andy, you have to understand, we can wait until Qualcomm shares rebound... ”
“Of course, this is your power, so just wait, let me buy it, and that's the price, right, right now, for a while. Say something else. Sorry, Jeff, I still have a moment. You want to think about it, think about it, and contact me.” Andy hung up the phone with a cold smile. By this point, he doesn't care about the shares in General Electric anymore. He wants shares and spends money buying them from the secondary market. Although it's a little slow, why don't you rob yourself while you can?
Especially his own enemies!