Hollywood Hunter

Chapter 608 Financial Report and Crisis (2)

As a groundbreaking new technology company in the Internet field, Eaglet has not had a corresponding case before.Therefore, when the financial report was announced, the media generally evaluated the market value of Igret in accordance with the profit margins of software companies such as Microsoft and Oracle.

As we all know, the net profit margin of the software industry can generally reach more than 20%.

Igreat's annual revenue of 5.41 billion US dollars, calculated based on a theoretical 20% net profit, means that this company already has a profitability of 1 billion US dollars.The profitability of the US$1 billion level in the 1990s was enough to squeeze into the top 20 US companies. In the past three years, only about 20 companies had a net profit of US$1 billion for the top 500 US companies.

Considering that Igreat has still maintained a revenue growth rate of up to 179% in the past year, if this company is listed, the 30 times price-earnings ratio is already very conservative, even if the IPO is based on a 50 times price-earnings ratio.

The potential profitability of the US$1 billion level and the price-to-earnings ratio of 30 to 50 times represent the market value of Igret’s companies between US$30 billion and US$50 billion.Whether it is the media that is concerned about this matter or the Wall Street capital giant, the valuation of this company is generally the same after the company’s 1993 financial report.

Taking the median value of US$40 billion, Simon’s total value of 90% of Igreat’s holdings has reached US$36 billion.

On the other hand, according to the stock prices of Cisco and AOL at the close on March 7, Simon held the total value of these two companies' shares at $65.9 billion.

Therefore, it is obvious that just holding shares in three new technology companies, Cisco, AOL, and Igreat, has brought Simon about $100 billion in personal wealth.

100 billion dollars!

This figure is close to Simon’s total personal net worth of $120 billion last year on the Forbes list.

However, the three companies are far from all of the Westeros system.

In the field of technology alone, Simon is also a major shareholder of Microsoft, Intel, SUN, Oracle and other companies, and at the same time absolutely controls Verizon Telecom and Nokia, two giants in the electronic communications field.

The other three of the four women, Daenerys, Melisandre and Cersei, all shine in their respective fields.

In addition, there are hundreds of other companies in the entire Westero system or directly or indirectly or invested or controlled. No one can guarantee that these companies will suddenly become like Cisco, Big Macs like AOL and Eaglet.According to Simon Westeros, he has proved the investment vision too many times, which is almost an inevitable.

So, beyond $100 billion, how much is the value of Simon Westero's personal assets in other fields?

You know, just Daenerys Entertainment Group, which is about to formally submit an IPO application next month, is rumored to have a valuation of US$40 billion.Due to the strongness of this entertainment giant in Hollywood, the market value after listing must be higher than the valuation.

The remaining two women, Cersei Capital, if the estimated value, only the total value of the equity portion vested in Westeros is sufficient to reach the ten billion level.

After several years of rapid growth and continuous expansion, Melisandre has rooted in Europe and has a comprehensive luxury giant in North America that is not too strong. It relies on its Gucci, CK, Latu, Christie’s and Van Cleef & Arpels. A series of other brands have also entered the threshold of 10 billion US dollars in market value.

Verizon Telecom, wholly-owned by Westeros, relies on the strong expansion of the mobile communications field, and its market value has conservatively estimated to have reached 15 billion US dollars.

Nokia, which is about to release its 1993 financial report later in March, had a market value of 8.6 billion pounds, or 13.3 billion U.S. dollars, on the London stock market on March 7.Westero's current shareholding in Nokia is 78.3%, with a total value of 10.4 billion US dollars.

This is another $10 billion.

Also in the North American stock market, Microsoft and Intel, which are closely following the three giants of Cisco, AOL and Igret, also because of changes in equity such as acquisitions, Westeros's petty holdings of Microsoft and Intel have dropped slightly to 20.7%, respectively. And 14.5%.

The market value of the two companies on March 7 was USD 43.1 billion and USD 32.9 billion, respectively, and the total value of shares held by Simon was USD 13.7 billion.

Taken together, giants such as Daenerys, Melisandre, Cersei, Verizon, Nokia, Microsoft and Intel have conservatively estimated that they have contributed another $100 billion to Simon.

Even if we don’t consider anything else, according to the calculations in March 1994, Simon has become the world’s first billion-dollar billionaire and is still the only billionaire billionaire in the world.

As a result of the recent series of financial reports, the media's statistics and renderings of Simon's latest personal net worth and criticism of Simon's personal luxury life in response to the London girl incident led to potential crises.

The key to the matter is this year's mid-term elections.

In March, the 34 candidates for the congress and the 434 congressmen who are about to compete for a third of the rotation this year have entered the pre-election stage.

The U.S. domestic economy has improved, unemployment has been declining, the victory of the Gulf War and the disintegration of the Soviet Union have also achieved the highest international prestige in the United States. Everything seems to be moving towards the people’s expected goals. Elections are largely unsubjective.

When many candidates were worried that they couldn't find a hot topic that strongly attracted the attention of voters, the wealth of the richest man in the Federation reached a new high, and there was also super lace news like the London Girls' Event.

So many unemployed people can’t find a job yet, so many children still don’t receive perfect education benefits, so many families are still struggling below the poverty line, the American people are in dire straits, but Simon Westero earns With more than 200 billion US dollars of wealth, he lived a luxurious life like a king.

God and man are angry!

I'm sorry God if you don't take your approach!

As a result, topics of the Simon and Westeros system have been mentioned more and more frequently in election campaigns across the United States, many of which are still influenced by traditional paper media.Similar topics are therefore directed to how to suppress Simon Westero's personal assets from continuing to expand'irrationally' and how to limit the continued expansion of the Westeros system.

Connecticut has announced that David Merrows, the Democratic House of Representatives seeking re-election, will be the first to point out, pointing directly to the Westeros monopoly on the Internet industry, and in the New Haven Daily in New Haven, Connecticut’s second largest city. "Published a signed article exposing the monopolistic Internet trust formed by the three giants of Cisco-AOL-Igret, calling for the industry with hundreds of billions of Internet domains not to be monopolized by someone and accusing the Clinton administration. Of the Ministry of Justice's inaction against this apparently monopolistic enterprise, the article even hinted that the current president is related to the Westeros system.

It has to be said that although David Merrows' article is a little embarrassing to the White House, and it also makes people see the split within the Democratic Party, it also directly targets the seven inches of the Westeros system in the Internet industry.

After David Meroth's statement, many candidates from other states began to suppress the Westeros system to continue to expand the card, both Democratic and Republican candidates.Because many candidates are current members of Congress who are seeking re-election, similar statements quickly develop into actual actions.

While lobbying or pressing the Federal Ministry of Justice to initiate an investigation, David Merros and other MPs also began to contact an attempt to set up a special investigation committee of the House of Representatives to initiate an investigation into the alleged monopoly of the Westeros system.

Due to public opinion, all the bills that the Westeros system is trying to promote have also stalled. Most parliamentarians are seeking sensitive moments for re-election, and no one dares to actively support the Westeros system and give others a handle. .

Moreover, such targeted investigations are considered moderate.

Senator Craig Ames of Wisconsin’s Left Democrat Congress even said that he would seek a special tax bill to levy a certain percentage of annual asset tax on super rich individuals with personal net worth of more than $1 billion to balance Social gap between rich and poor.

Craig Ames also specifically stated that the asset tax rate for the billionaire super rich is 0.1%, the asset tax rate for the billionaire class is 1%, and the billionaires with personal net worth of 100 billion dollars each year The asset tax rate is 5%.

According to this tax rate, the 0.1% asset tax for billionaires is actually only $1 million, which is basically optional.The billionaire’s 1% asset tax is only $100 million, and it will not hurt the bones.It is the turn of the billionaires and the $100 billion net worth to pay up to $5 billion in property taxes every year.

It is well known that there is only one super rich person in the world with hundreds of billions of dollars in personal assets.

According to Simon's personal net worth of $200 billion at this time, once this special'asset tax' is really launched, the tax he needs to pay is as high as $10 billion.

Just three levels of tax rate, but the tax payment jumped from 1 million to 10 billion. This kind of strong targetedness that would not offend the old rich but want to cut a large piece of meat from Simon can already be described as shameless.

However, as soon as Craig Ames's idea was put forward, it received a lot of media response.

On the other hand, when the lawmakers expressed their opinions, it seems that suddenly the world has been suffering from'maintaining' for a long time, many companies have jumped out, claiming to be suppressed by the Westeros system.

The two main Oracle competitors Informix and Sybase, both belonging to Westeros heavyweight holding companies, publicly claimed through the San Francisco Chronicle that they were subjected to unfair competition under the union of Oracle and Igret, Igrit. Taking advantage of its monopoly in the Internet field, it forces a large number of Internet sites that need to rely on the Igrid portal platform to guide traffic to purchase Oracle products that are closely related to it.

Not only that, Igrid also deliberately refused to adapt the database software of Informix and Sybase in terms of World Wide Web technology, and only optimized Oracle's products.

This malicious and unfair competition has caused the market share of Informix and Sybase to fall from 23% and 19% three years ago to 11% and 6% now, and has almost fallen to the brink of bankruptcy.In sharp contrast, the market share of Oracle database software has increased from 33% three years ago to 69% now.

Following this news report, the two companies immediately filed a lawsuit against Oracle and Igret, demanding a total of up to US$3 billion in high-value compensation while stopping unfair competition.

The company also responded with a feature article on its portal.

Igret and Oracle do have technical cooperation, and they do not deny that both companies belong to the Westeros system..

However, this kind of cooperation between the two parties started in 1991, when Igrid was still just a budding start-up company, and the entire Internet industry was just emerging. Igrid did not have any industry advantages, and the two sides invested a lot of manpower together. He and the funds are only for the purpose of more perfect combination of Igret's World Wide Web technology and Oracle's database software. The fundamental purpose is to promote the rapid development of the Internet industry.

Because of this cooperation, Oracle’s database software is more suitable for the World Wide Web technology environment, which is the result of joint efforts of both parties.Other Internet companies choose to use Oracle's products, mainly for this reason, in which there is no forced purchase behavior, but the result of natural market selection.

Informix and Sybase's accusation that Igrid intentionally refused to adapt its database software is even more untenable, because software adaptation requires cost, and Igrith has no obligation or strength to actively carry out technical adaptation for all software manufacturers. This kind of ridiculous request is like a family being asked to prepare a room for rest for all passers-by who pass by their house.

Moreover, Oracle's database market share in the Internet field is only about 75%, and there are many other excellent database vendors, including Informix and Sybase themselves, all have their own positions in this emerging industry.

All in all, Informix and Sybase blamed their failures on other companies' inadequate cooperation to help themselves. It was a rogue act of hope for nothing.

Most of the traditional paper media can only affect one city and one place.

The influence of the Igrid portal has spread all over the world. Therefore, after the article on the front page of the Igrid portal was released, most of the public began to prefer Oracle and Igrid psychologically.

In addition to the lawsuit, a small telecommunications operator in the state of New York called Settle Communications accused AOL of signing a 10-year monopoly agreement on Internet access services with three regional operators in 1990, which violated the principle of free competition. Suspected of monopolization, he protested to the (Federal Communications Commission) and requested access to declare the agreement invalid.

Cisco is also accused of its patent litigation against a router startup in Michigan, which in fact disguised itself from supporting the local telecom operator, thereby removing obstacles for AOL's expansion in the Great Lakes region.

The powerful influence of the Igrid portal in the news and information business has once again been provoked by the traditional media. The Houston Daily Star of Texas believes that the extensive public influence of the Igrid portal has affected the freedom of speech. , Should be suppressed.

At present, the three portals with the highest market share on the Internet, the Igreat portal of the Igreat company, the AOL portal of AOL, and the MSN portal of Microsoft have obvious equity interest links. Companies in the Tello system should therefore include Internet media as soon as possible under the jurisdiction of the “cross-media ownership ban”.

Even the dual shareholding structure of Cisco and AOL, which has already been listed, has become the focus of attacks by some companies and media, arguing that it violates the equal voting rights of shareholders.

As such.

With some allegations against Cisco, AOL, and Igreat all over the United States, the Westeros system was even too lazy to respond one by one.

At the end, the Igrid Portal simply issued a statement.

Since the end of the 1980s, the entire Westero system has invested more than US$10 billion in cumulative investment in order to develop the Internet industry.

It is precisely because of such unrelenting investment that the federal public has used the ADSL broadband network in just a few years, and can enjoy free news, e-mail, social networking and other services on the Internet platform, and thus created a new Internet era.

Certain enterprises or individuals who have invented a brand-new product can be protected by the federal patent law to make large profits. Everything is reasonable and legal.

The Westeros system has pioneered the entire Internet era with its own efforts, and has actively granted a large number of free patents to other entrepreneurs to join the Internet platform. It is expected that in the future, it will bring billions of trillions of social output value and thousands to the Federation every year. 10,000 levels of new jobs.

Then, to enjoy the rewards brought by this effort, it should also be completely reasonable and legal, rather than being put on the monopoly.

For those enterprises and individuals who try to use malicious lawsuits, illegal investigations or even infringe on the legitimate rights and interests of the Westeros system, the Westeros system will fight to the end and never compromise.