Chicago 1990

Neither Jim Clark nor Wall Street are stupid fools who watch the stock price plummet after the lifting of the ban. They have taken a lot of targeted preventive measures in advance, such as with Song Ya, a humble but very influential minority shareholder. Re-sign a new agreement.If you want to sell, Song Ya can only sell shares in batches in time and in batches. According to regulations, most of them have to find institutional buyers in the primary market, and they can't bring too much volatility and panic to the secondary market.

They should have also devised a series of good news to be released in 1996, so as to stabilize the confidence of stock holders. The specific details are not clear.

On January 31st, Netscape made an announcement claiming that they spent 161 million to get Insoft’s Internet audio-visual standard. On February 1, the stock price rose sharply and returned to the $120 range in one fell swoop, indicating that everyone thought it was. Good news.

Of course, it’s not necessarily true. Everyone who plays stocks knows that the skyrocketing stocks in a big bull market often only requires an opportunity, which has nothing to do with the company’s specific operating conditions.Increase in profits?rise!Decrease in profits?That is the necessary investment to expand the market share.Company sued?rise!defendant?Shows that it poses a threat to competitors, continue to rise!Major shareholders buy back shares?Are you so confident in your company?Of course it will go up!Sell ​​stocks?Then don't you take the opportunity to snap up?Also rise!Executives get married?Represents a good expectation of personal future income levels, up!divorce?Hehe, the company is in good condition, and the managers dare to change their wives, and they are also up!

The big bear market is almost the same, except that the rise has turned into a fall, and all interpretations have become negative.

After entering 1996, the US stock market has entered a grand bull market sentiment, everyone loves to hear and hear, especially the ruling leader, this year there must be no economic problems, because it is an election year.

Also on February 1, the General Commander formally signed the Telecommunications Act. This is the largest reform in the telecommunications industry since 1934. Even though the industry and outsiders have been deduced for a long time, it is in a basically completely liberalized environment of free competition. It is still difficult to predict what the consequences will be.

However, the stock price rises of listed companies in related industries and industrial mergers are absolutely inevitable at the beginning of the bill. In fact, for large companies that are keen to promote the bill, there are dangers in the opportunities. They are industry leaders. To maintain market share, you must join the arms race in which you are chasing. On the contrary, you may fall behind because of aggressive advances or poor management levels.

But no one thought that the first shot of mergers and acquisitions was a fringe company in the outdoor advertising and broadcasting industry: Clear Media.After breaking away from the shackles, they immediately launched a frantic offer to the owners of various small and medium-sized radio stations across the country, claiming to create a super broadcasting alliance in this dwindling industry in order to increase market share, industry efficiency, and the need for advertisers. bargaining power.

Song Ya also received it. Clear Media offered only $17 million for a little more than 30% of the Inner City Broadcasting Company's shares in his hand, which was about half of what he had invested.

"Clear Media told me that if you miss this opportunity, you will miss it forever, and they don't have the energy to conduct more detailed negotiations."

Of course Song Ya was reluctant, and complained when he played with O'Grady in the University of Chicago squash arena: "Of course I don’t sell, but Mr. Dingkins quietly revealed that other shareholders of Inner City Broadcasting Corporation have also received offers from Clear Media. ."

"Business is business. Don't have such a strong sense of alertness when you first contact APLUS. Clear Media's goal is very clear. It will expand their advertising alliance influence and use investors' optimism about mergers and acquisitions in the telecommunications industry to increase stock prices. The company’s media stance has no interest at all. This is definitely a great thing for you and the Inner City Broadcasting Company. If you both can negotiate a good cooperation condition..."

O'Grady is his old golf friend. The two met for the first time in the non-professional division of the Chicago Windy City Championships. He swung his bat and said: "For the better, you are not always for the outside world. Are you worried about not being optimistic about the Inner City Broadcasting Corporation? After the passage of the telecommunications bill, some companies finally became interested and offered quotations, and it was the first time. Isn’t it a good phenomenon?"

"Ok."

Song Ya also agreed with him, "But if I don't sell, they may initiate a power struggle against my board of directors in order to obtain the exclusive advertising agency rights of the Inner City Broadcasting Corporation, if they collect enough other shareholders' stocks."

"How are you going to respond?"

O'Grady asked: "In fact, this is nothing, you have a basis for mutually beneficial cooperation."

"I do not know I do not know……"

Song Ya murmured to himself that he spent a total of more than 50 million dollars in the media industry, which is far behind his rate of return in other industries. No, at present, there is no possibility of positive income in money.

In other respects, he can only know himself.

Political and media influence?It expanded greatly, but was also involved in establishing new enemies. Judging from Jesse Helms’ reaction after he put A+CN in the cage, Gordon was chased by the black man and was caught by the local police officer in Charlotte. Caused by a shooting attack.

But now to leave the field?He couldn't bear to...

"Yes, not in a hurry."

O'Grady didn't come to play with him for this matter, "Uh, that, Apple stock has fallen below one dollar again, do you want to make up?"

"Fxxk!" Song Ya made a heavy shot after swearing, "In such a big bull market bucking the market, Apple is simply the shame of a technology company!"

"Hey..." O'Grady didn't catch it. He sneered and picked up the ball. There was no way. Who told the last large-scale back-up to reduce the average price to 1.3 dollars? He suggested, "Do you still make up?"

"No! No money!"

Song Ya really has no money now. Sony Columbia Records has already settled last year’s record revenue to Mariah Carey at the end of January, and for their A+ records, Stringer and John Carly, who are newly in power, both use the excuse that they cannot complete the payment temporarily. Delayed.

This is not a good signal. The possibility that Sony Columbia Records, Motura, Jesse Helms, and Dunburton joined forces to launch a raid at the Congressional hearing last time has not been ruled out. He has already let Samuel do it forever. The office intervened, and if it did not pay in February, it was ready to follow the old operation of the year and enter the legal proceedings.

And this month, the Netscape share price transaction agreed with the tycoon Picauer was before the new acquisition of Netscape in the middle of the month. Song Ya was also very upset with O'Grady on this matter. There is no doubt about the bull market this year, Microsoft's IE2. 0 is not enough to hit, and Netscape stock is obviously going to rise.

But how can you predict it before completing the agreement with Picall?And Sony Columbia Records does not settle, and Song Ya is indeed short of liquidity.Sell ​​stocks?No, most of the technology company stocks he owns are skyrocketing, or why would he call Apple the shame of technology companies?

"I want to make time to visit Mr. Picauer."

These two transactions made O'Grady quite embarrassed, "You know, their old-school rich people are very particular about long-term friendship with business partners. Maybe I can persuade him to change the transaction date to late February?"

"Can you do it?"

That would be the best. If it weren't for Gordon's last effort, he had spared A+CN's operating expenses before the 10 million promotion funds were put in place, and Song Ya really wouldn't be able to unravel.A divorce will cost him a large amount of real estate that can be mortgaged. A+CN can't borrow much money on his own. This year he has to set aside the cost of hiring a dream lawyer team. Although the possibility is not high, it is related to prison. , For the sake of safety, you must not wait until the next event and then hold back. I heard that Simpson paid a large amount of extra interest to raise money urgently.

"It should be possible. You'd better go with me? He is a very low-key but very rich man who is willing to cooperate." O'Grady had to make up for it.

"Ok."

After the two played ball, Song Ya dialed Alicia's phone before taking a bath, "I'll go to your law firm and talk about A+CN?"

"Okay, um..." came the voice of turning the paper over there, "I won't have time until seven o'clock, if it's not too late for you."

"OK." Hey, "By the way, do you know how Gordon got the rent for the new studio?"

"Expenses? No, A+CN does not have this expense. Gordon borrowed Harp Entertainment's free time in Chicago's studio for A+CN through a personal relationship."

"Harp Entertainment? That's Oprah's company, right?" Song Ya frowned.

"Strictly speaking, she is not a major shareholder, but it can also be said that she has absolute control over the specific operations of that company."