Reborn American Tyrant

Chapter 400 The Game Market Completely Crash

William White's thoughts are clear, but the game market is hopeless.The proliferation of various junk games has completely destroyed consumer confidence.

Laomei’s summer vacation is not just a time for movie theaters to make a fortune. In fact, electronic products at this time are also very popular.In other words, things suitable for students will sell well.

It is a pity that well-prepared game makers have not met the peak season they were looking forward to.The sales data collapsed very quickly. In just over a month, the sales data fell to the bottom.

When doing business in the U.S., no one will talk to you about friendships. The first thing you need to look at is data.If your data collapses, these products will be taken off the shelves. They will not let these unsalable items continue to occupy the shelves.

The sudden news immediately shattered everyone's dreams of getting rich.Game companies, including Legendary World, suffered a severe blow.

The opening plunged 19 percentage points, which greatly exceeded everyone's expectations.You know, the fundamentals of Legendary World are quite good.Even if you fall, it should be the software company that was spun off, right?There is no reason for this situation.

Only this time, Legendary World did not issue any announcements, did not request trading suspension, or even meant to explain.

"You made it!"

A week later, the Legendary World released such a statement, which was completely utterly ignorant.At this time, the stock price has fallen by half.Bundling several companies together, it is still less than half of the peak value.

If Legendary World has suffered heavy losses, other game companies are sorrowful.The massive accumulation of game cassettes in the warehouse is simply a disaster.

In less than a year, tens of thousands of games have been made, what quality do you still expect from them?

In the face of a market that has directly collapsed, the Ministry of Justice can only describe itself as crying without tears.Most importantly, the foot basin market seems to have little effect.

Well, they seem to have a spontaneous industry association.For games that enter the market, they have the right to review and grade recommendations.

Now that there is a foot basin, we can do one too. This seems not difficult, right?

Yes, the United States can of course also have it, but the industry leader does not plan to do this and chose to ignore it.

Legendary World is indeed the only one in the United States. Since they lack interest, others lose their temper.A few small fishes and shrimps, really thought that some industry associations could not be formed?

These associations in the United States are very interesting. Classification agencies such as movie news are all non-governmental organizations, and there is no government involvement.

The only difference may be the comic review department.It's just that Marvel has ignored it. Many of their comics are on sale in stores, so they don't care.

As for the Viking pirates, if you pass the review, he will sell weekly magazines at the newsstand. If you dare to whistle and crooked, they will ignore it and go directly to the comic store.

This so-called manga review is actually meaningless.

Without the confirmation of industry giants, no matter how many ideas you have, you will give them for nothing.There is really no way for this thing, if you don't buy it, you won't buy it.

"Boss, if you don't buy back now, there may be a risk of falling." Philson's expression was a bit heavy. Although he had expectations for all this, he did not expect it to be so serious.

"Repurchase at this price, how many shares are still in circulation in the market?" William White is also very speechless. It is not always possible to privatize and delist, right?

Besides, why should he bear this loss?

A good company is tossed into what it is now, and it is strange that William White is not popular.He didn't realize that he should be a man in the back, what if the stocks fell, healed at will, anyway, it is all paper wealth.

The only good news is that a considerable part of the loans mortgaged with the shares of Legendary World has been repaid.The banking system did not intend to trouble him. After all, the amount of remaining loans was not large, and the problem was only Legendary World, and his other companies did not have much problem.

He has no problem here, and some institutions and fund companies have a headache.If the stock price cannot rebound as quickly as possible, they also need to increase the collateral.

However, the game market at the moment seems to have little chance.Even if it may get better in the future, it is impossible to restore the previous state.

An anti-monopoly investigation broke up an industry, which is an unfamiliar one.When the legendary world once again raised the banner of layoffs, Peanut's politicians could no longer sit still.

They also understood that William White didn't care about the company at all.In other words, he is confident enough to get it all back.

"Boss, the trouble for the Ministry of Justice this time is not small."

"Hey, this guy is really ruthless, is this a dead fish?" The old fellow of Da Mo said, because he didn't understand the peculiarities of this industry.What fish from there is dead and the net is broken, as long as the man in the footpot does not produce moths, his position in the game industry cannot be shaken.

"Boss, some organizations have chosen to ship, how do we deal with it?"

"Oh, I don't worry about this company, but the book is too ugly. Before the PS2 appears, the situation will not change."

"Boss, do we maintain this state?"

"Hehe, what else? The amount is too big, and if it sells, the stock price may just collapse."

A very discordant scene occurred in the US stock market this summer.Most stocks are rising, only Legend World is plummeting.

As for the culprit responsible for all this, he is suffering from a large number of congressmen.It's not bad that you are antitrust. What is your standard? You can't do it arbitrarily, and you must pass a hearing.

See you poorly?

Maybe it is. No one knows what William White's motives are, but one thing is that the authority of the Department of Justice must be restricted.

After all, it is wrong to arbitrarily crack down on American companies, and this tragedy cannot be allowed to happen again.

Well, congressmen are also very good at pinning hats. This is not your exclusive skill, William White.

At this point, Legendary World has become a passerby.The noise of a group of big guys turned the whole peanut meal into a pot of porridge.

"William, this is your purpose, right?"

"Ha, what a joke, can a Ministry of Justice be worth so much money? George, my book loss is more than 5 billion, and the loss of the company's market value is 10 billion. The loss of the entire industry is even more difficult to calculate. Do you think the Ministry of Justice has That's so valuable?" Bush was speechless, and William White was really unnecessary.

"Oh, the trouble this time is not small." Xiao Bushu smiled bitterly.

"Hehe, the trouble has just begun. If the rights are not restricted, we businessmen will have no way of survival." Of course, William White would be upset. If it weren't for the golden bottom, he would be mad now.