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Obviously considering the risks involved, the final article accusing the Internet of a Ponzi scheme did not directly name it, but listed a series of detailed data.Even so, a discerning person can still understand at a glance which company the "industry giant" mentioned in the article refers to.

After all, the influence of many short capitals and the Mellon family should not be underestimated. The unified efforts of a large number of media across the United States have inevitably triggered a huge social response.

Even if the Westeros system responded in time, the Nasdaq fell sharply on Monday, January 27th. The Nasdaq Corp., which bears the brunt of the market, experienced the deepest drop of 1.3% within an hour of opening, with a book loss exceeding 100%. One hundred million U.S. dollars.

In the end, on Monday, the Nasdaq index closed down 69 points, or 1.1%. As a leading stock, Eaglet’s stock price also fell by 0.7% in a single day, and its market value rose from a high of 751.9 billion US dollars last Friday. Falling back to 746.6 billion US dollars, other companies such as Cisco, AOL, Microsoft and other companies have also seen their stock prices have fallen to varying degrees.

Even if it did not meet expectations, such a "good start" made some people quite excited.

So that night, the move came later.

On the evening news program of CBS TV under the control of Westinghouse Electric, a former Republican government official of the U.S. Department of Justice was interviewed. By name, he strongly criticized the Clinton administration for delaying and perfunctory investigations into Igreat’s antitrust investigation, calling on the Federal Congress and The states in the United States should unite and put pressure on the White House to dismember Igreat, the'monopoly behemoth' that hinders the development of the new technology industry.

Not only that, the next morning, a large number of local paper media and social networking platforms reappeared. Some influential government officials or public figures in the United States once again called on the Federal Reserve to raise interest rates in order to control the growing federal economic overheating, especially to promote the serious Internet and other bubbles. The new technology industry has turned to a sound development track.

Whether it is an attack on Eaglet, the No. 1 leading company in Nasdaq by market capitalization, or a call for the Federal Reserve to raise interest rates, it is a direct hit.

On Tuesday, the Nasdaq fell sharply again.

Compared to Monday, Tuesday’s single-day decline expanded to 1.6%, and Igreat’s stock price also expanded from yesterday’s 0.7% decline to a deep decline of 2.1% that day, with a single-day additional market value of more than $15 billion.

Mountain rain is coming.

Two consecutive days of bad news, although it has not triggered a large-scale selling frenzy? However, no one knows that this will continue? The result will only be a collapse.So? The technology stocks led by the Westeros system also made the most determined counterattack.

On Tuesday evening? Federal Reserve Chairman Greenspan accepted an interview with the ABC Evening News and personally stated that in order to maintain the current prosperity of the US economy? In the short term? The Fed has no plan to raise interest rates.

Then it was Wednesday.

Along with major portals and major newspapers on the east and west coasts regarding the huge subsidies for e-commerce by Yigrete through profitable businesses such as advertising and software, the huge losses of up to 1.7 billion US dollars in the past year have created at least 10% for the federal government. Wan’s long-term job propaganda article, at the White House press conference in the morning? Facing reporters’ questions? White House spokespersons made public statements? Considering the close relationship between Igreat’s many businesses and the large number of jobs created by the Union Opportunities? The Ministry of Justice will carefully consider the split plan for Eaglet? It will only urge Eaglet to improve certain market strategies that are harmful to small businesses and consumers.

On the same day? After making a statement at the White House, Igreat responded almost simultaneously.

In the morning on the West Coast, Eaglet’s headquarters in San Francisco and IBM, Microsoft, Hewlett-Packard and other companies that also provide data center services publicly signed a technology licensing and compatible sharing cooperation agreement, focusing on increasing Eaglet Compatibility of basic Internet tools and software with other data center service providers.

Obviously,

This is still endless.

On Thursday morning, senior executives of Eaglet held a press conference at an Amazon warehouse logistics center that is about to be completed near Miami, Florida, and announced that the recruitment plan for 2,000 employees will be launched in advance. At the same time, the logistics center near Miami was officially opened Later, in addition to the scale of its own employees will increase again, it will also bring no less than 10,000 jobs to the surrounding area.

At this press conference, a judge of the Florida Attorney’s Office in charge of Igreat’s anti-monopoly investigation personally stood on the platform and affirmed Igreat, saying that the Florida Attorney’s Office and Igreat Company’s The settlement negotiations for the antitrust investigation last year have come to an end.

For two days in a row, a series of news that was almost flipped, although it attracted heavy criticism from the public opinion platform controlled by bears, the market feedback was immediate.

Igreat’s two-day decline on Monday and Tuesday came to an abrupt end on Wednesday, and then began to rise, even with Greenspan’s personal statement that the Nasdaq was also driven by the rebound in Igreat’s stock price. Quickly regained lost ground and returned to the high of 6,300 points at the close of last Friday.

The rapid turn of the whole thing, for some deliberate spectators who know a little bit of the inside story, is completely crushing.

The disparity in strength between longs and shorts is too great.

Short capital can only use some local media or small online platforms and some former politicians who are in the opposition to speak out and create public opinion. The long side directly moved out of the White House and the chairman of the Federal Reserve, and also controlled the Igreat portal, ABC television network, and "New York The results of the collision can be imagined by such influential mainstream media as The Times.

On the other hand, Igreat’s further liberalization measures and the promotion of local employment have also given the Department of Justice and the state’s prosecutor’s offices a great step forward. Anyone with a discerning eye can see that it was the White House that took the initiative last year. An anti-monopoly investigation initiated by Igrett will soon end in an anti-trust situation.

It is determined that Yigrete will not be split, even if the price cuts in data center services and the technical licensing of other peers will have some impact on Yigrete's revenue and monopoly advantages, the benefits are far greater than the negatives.

Finally, Friday, January 31.

After a lively week, the Nasdaq finally closed, not only did not turn to collapse, but compared to the close of last Friday, the week continued to increase by 1.8%.Reached 6437 points.

The most dazzling one is Ygrett.

On Wednesday, Thursday and Friday, the rebound continued for three days. By the end of the market on Friday, the company's market value has reached 773.1 billion US dollars, a weekly increase of 2.8%.

It seems that they are all single-digit percentage increases, but at this time, the size of the Nasdaq market and Eaglet is still quite large.Correspondingly, in this week, the short capital that had recovered some ground a little in the first two days ended up with a loss after all.

February 2nd, Sunday.

Simon came to New York yesterday, accompanied Irene Lauder for one day, and gave Grace to Grace this morning.

Then at noon, he invited Amancio Ortega, the founder of Inditex, who was from Spain. Although the Spanish businessman was the richest man in Spain later, he was still the richest man in the world, but it was not counted for Simon at this time. what.

no way.

Simon is no longer richer than anyone.

After lunch, I personally finalized the plan for Westeros to invest in Zara's parent company Inditex. In the afternoon, I came to the residences of Chen Qing and Lin Su in the Upper West District.

As soon as he walked in, Chen Qing rushed over: "Boss, you are so amazing."

Simon stood in the hallway with a smile and raised his feet to let the waitress help him change slippers, and said: "What a coincidence, I have always felt that way."

"Oh, but, on Wednesday, I signed a cooperation agreement with IBM in the morning and announced a big price cut for YWS in the afternoon, which was too detrimental. Boss, although Igreat can definitely support the price war, it is not necessary. I think just signing a cooperation agreement is enough."

The two said they had entered the living room.

Simon did not answer immediately, but asked, "Where is A Su?"

"She just went out to buy some things, and we plan to make some good food for you in the evening."

Simon nodded, and the two sat down on the sofa in the living room. After Chen Qing had finished speaking, they were still staring at him brightly. Then they said: "This is the original plan, our YWS, if you pay enough attention, you should Understand, it is very different from other traditional data centers."

Chen Qing softly affixed to Simon's side and said: "I know, cloud computing."

"Yes, cloud computing. This technology can not only benefit the resources of the data center to the greatest extent, but also has another advantage that the larger the scale, the lower the relative cost. In fact, from the beginning, compared to other providers For companies with similar services, Yigrete’s profit margins are very generous. Only to avoid peer vigilance, we set a relatively high price. Now, Yigrete’s data center continues to expand in scale and the relative cost is lower. With a 15% reduction, our gross profit margin still far exceeds that of other peers."

"Does this mean that prices will be reduced in the future?"

"Yes, in the final analysis, in business competition, compared with technical barriers, low prices have always been the most direct and effective moat. As long as your prices are low enough, you don't need to worry about the emergence of competitors. Cloud computing technology, although Igreat has been ahead of time for research and development, but this technology that has been proposed in the 1980s is not difficult to overcome. Igreat wants to ensure its own first-mover advantage. The most effective method is price."

Chen Qing thought about it for a while and said, "So, let me guess, after the Nasdaq crash, Igreat will definitely lower the price significantly again, even by far more than the 15% this time. Then, the bubble will collapse. With price competition, competitors in other industries will no longer be able to catch up with Igreat."

"bingo."

Speaking of it, the reason why Amazon once was able to occupy half of the global cloud computing business was not the key to technological research and development. In fact, it was Google that first developed a mature cloud computing solution to save costs.

The key to why Amazon is the king in the cloud computing business is price. This company even realized that its profit margin was too large when it had no competitors at the same level, so it took the initiative to lower the price and then lower the price, so it had enough volume. When the cost of Pangda became lower and lower, it created an insurmountable commercial moat for itself.

Other subsequent companies, because the volume cannot be compared with Amazon, and the relative cost is higher, they can only fight against Amazon with long-term losses. The results are conceivable. Although they can eventually obtain a part of the market, they cannot compare with Amazon after all. .

Therefore, Simon personally intervened in Yigrete's YWS business and finalized the same strategy.

This time a 15% price cut is just the beginning.

With the data center scale of Eaglet now 10 times that of other peers, it is impossible for Microsoft or IBM to compete at all. Even in the cold winter of the Internet industry that can be expected after the burst of the new technology bubble, other competitors can Failure to survive will be a big problem.

In the living room, after talking about this matter, Chen Qing asked curiously: "Boss, the Nasdaq is now 6,400. How high do you think you can go in the end?"

Simon could only shook his head: "I really don't know this."

How high the Nasdaq can go is probably something that everyone who pays a little attention to new technology is curious.

Compared to the Nasdaq’s collapse at around 5,000 in March 2000, this time, even Simon can’t be sure.

In fact, Simon had considered this issue a long time ago.

First of all, we can be sure that the Nasdaq’s high of 6,400 at this time is still not too out of control.

Because this time, compared to the past, the new technology market has more Igreat, a giant with a current market value of 770 billion U.S. dollars. In addition, another Dinkebyer, which is also born out of nowhere, is The market value at the close on Friday also reached 321.7 billion US dollars.

The two companies that have never appeared in history have a combined market value of more than $1 trillion, which is basically enough to support the 1,000-point Nasdaq index.

On the other hand, compared to the Nasdaq’s destruction of the Internet industry around 2000, the Internet industry is still in its infancy. Because Simon has used the power of the entire Westeros system to promote the Internet industry in the United States, whether it is user scale or The development of enterprises has been advanced by at least 5 years.

In the past, Yahoo!, when the Internet bubble burst around 2000, the company was worth 100 billion U.S. dollars, with only a few hundred million U.S. dollars in revenue.And now Igreat is just one family, and its revenue has reached more than 30 billion US dollars.

Others, such as Cisco, AOL, etc., have developed far beyond the past.

In fact, this also means that related industries have tangible performance support, and the bubble component is far less than you think.Therefore, after 5,000 points across the country, Simon himself has no eye on how high the Nasdaq can go this time, not to mention others.