giants of the era

Chapter 403 The Internet Economic Crisis Breaks Out!
After returning to the United States, Li Zetian immediately asked Dongfang Yuqin about the situation of the US stock market.

"The stock prices of many Internet-listed companies on Nasdaq have fallen?"

Dongfang Yuqin shook her head and said: "When I sold a small part of the shares, the stock prices of many Internet companies did fall, but they rebounded afterwards. However, I speculate that the Internet bubble may not last long."

Li Zetian nodded, heaving a sigh of relief.

Right now, he still has a large number of shares on hand that have not been sold. Once the Internet bubble bursts, the value of these shares will shrink severely.

"Well, it seems that we have to speed up!" Li Zetian murmured, "However, we must not let the public think that we have no confidence in the Internet! During this period, we happened to be making acquisitions in Southeast Asia, and selling our stocks would also It's an excuse..."

Dongfang Yuqin smiled and said, "Yes."

Li Zetian smiled and said: "Then let people spread the word, saying that our acquisition plan still needs a lot of funds, so we have to continue selling stocks to cash out!!"

"Well, okay, then I'll arrange it!"

It is already 1998, and the Internet bubble burst in 2000 in the previous life. Therefore, the current Internet market is very suspenseful.

After dinner, Li Zetian took a short rest and came to the study.There are many things that need him to deal with now.

……

"Chronos Li is really crazy. He keeps buying Southeast Asian companies and selling shares in Internet companies without money!"

"Yes, Chronos Li's shares in Microsoft, Galaxy Network, Yahoo, Amazon, TripAdvisor and other companies have been greatly reduced. As a result, the stock prices of almost all Internet companies have been affected during this period!"

"Isn't it the Internet concept stocks that are going to die?"

"How could it not work! Senior Wall Street investment experts said that this is just that Chronos Li sold more stocks, which caused most Internet stock prices to fall. However, this is only a temporary phenomenon. Wall Street and investors are still optimistic about the Internet, and it won't take long. , Internet concept stocks will rebound!"

"Yes, I think many experts and professors say the same thing."

"Now, the stock prices of Internet companies have fallen a lot, so I'll hurry up and buy some, and when it rebounds, I'll make a profit!"

"Haha, the hero sees the same thing, I think so too!"

"..."

In fact, many experts and professors took Dongfang Yuqin's money and preached that the Internet situation is good, so as to fool and paralyze those stockholders and investors.

By the end of 1998, Li Zetian had cashed out at least 4000 billion US dollars!
Originally, Li Zetian roughly held 55% to 70% of the shares of listed companies, but now it has become 40% to 55%.This is why Li Zetian slowed down, so as not to cause an avalanche in the stock market. If he is allowed to let go, the speed of cashing out will inevitably be very fast, and it is also very likely to directly lead to the bursting of the Internet bubble!
Soon it will be New Years.

The year started with a rally in Internet stock prices, and the gains were strong.

Li Zetian continued to cash out the shares unhurriedly. Since he didn't sell many at once, it was just a wave of waves on the huge NASDAQ.In addition, people have become accustomed to the situation of Li Zetian selling stocks, and no longer have fear.Right now, the Internet market is so good, and stock prices have soared one after another. Who doesn't want to buy more?
At this time, Time Warner learned that Li Zetian was cashing out the shares of AOL, so he suddenly came to the door and expressed his desire to acquire AOL.

"Mr. Li, since you don't plan to hold shares in AOL, you might as well sell it to Time Warner!" Time Warner CEO Bill Robert said to Li Zetian with a shrewd light in his small eyes.

Li Zetian was overjoyed when he heard the words. Even if the Internet bubble did not burst, AOL would not be able to compete against the competition from companies such as Microsoft, Yahoo, Google, Amazon, and Tencent.Li Zetian is planning to sell all the shares of AOL.

"It seems that your Time Warner company can't pay so much money, right?" Li Zetian said in a calm tone, with a calm expression on his face, so that the other party could not see his attitude.

Bill Robert nodded, and admitted very simply: "Yes, that's right. However, if you want, Time Warner is willing to trade with equity!"

Li Zetian pretended to be contemplative, but in fact he was already very happy in his heart.

After more than ten seconds, Li Zetian said: "Well, I thought about it, and the method you mentioned is indeed feasible!"

"Mr. Li, since you agree, let's discuss in detail how to proceed with the equity transaction." Bill Robert said.

"Ok!"

Li Zetian negotiated with Time Warner for a week, and Li Zetian was eager to acquire Time Warner's shares in order to acquire it in the future, so even a little bit of profit would not matter.Furthermore, the dot-com bubble is about to burst, and it is important to win the equity of Time Warner as soon as possible, so as to avoid long nights and dreams.

Li Zetian also owns 51% of the shares of America Online. After the equity transfer, Li Zetian got 27.5% of the shares of Time Warner, and he is also the largest shareholder of Time Warner!America Online is basically equivalent to a subsidiary of Time Warner Corporation, and the two companies have begun to cooperate more deeply and comprehensively.

Seeing Bill Robert who left with a happy face after signing the contract, Li Zetian shook his head and smiled: "In a few months, I'm afraid I won't be happy anymore..."

……

Soon, in the blink of an eye, more than a month passed.

Among listed companies such as Microsoft, Galaxy Network, Yahoo, Amazon, and TripAdvisor, Li Zetian only holds 20% of the shares, and the rest has been cashed out. However, he is still the largest shareholder of each listed company.Counting successively, he has cashed out 1.2 trillion U.S. dollars in funds, which is much more than he is currently earning during the Asian financial crisis!
At this time, Li Zetian no longer wanted to continue cashing out, lest he would lose the right to speak in the company due to too few shares in his hand.

Immediately afterwards, he invited Tian Shuai, Zhang Hao, Bill Gates, Buffett and others to his home for dinner.

At the dinner table, Li Zetian said: "I think you all know that I recently sold a lot of stocks in listed companies. I invite you to dinner today to talk about this matter. In my opinion, the current Internet industry is extremely bubble. , I'm afraid it won't be long before it will be shattered. Next, I will continue to cash out!"

Li Zetian glanced at them, Tian Shuai and the others were all shocked!
Li Zetian suggested in a serious and sincere tone: "Here, I will give you a suggestion. In order to avoid risks, it is better to quietly cash out some of your own shares!"

Zhang Han frowned and said, "Mr. Li, are you sure that the Internet bubble will burst in a short time? When exactly?"

Li Zetian smiled and replied: "This is not accurate, but I feel that it will be soon anyway!"

Li Zetian doesn't want to be too sure. In fact, even he doesn't know when the Internet bubble will burst. As for how they choose, it's up to them.Li Zetian reminded them because they were all his partners and friends.

Everyone was thinking about it. In fact, everyone knew that the dot-com bubble was serious. The market value of Galaxy Internet Corporation was as high as 6800 billion US dollars, and the market value of Microsoft Corporation was not low, reaching 6050 billion US dollars.Obviously, the market value is inflated, which is hugely different from the company's own scale and profit!

……

Since February 2, the Nasdaq stock market has become volatile.

Tian Shuai, Zhang Han, Bill Gates and others listened to Li Zetian's persuasion, and sold their shares calmly.

At the beginning of March, the NASDAQ composite index reached the highest point of 3, and then began to decline slightly.

"Don't worry, everyone, this is just a correction in the stock market." Market analysts and experts said one after another.

When stockholders heard this, their confidence returned.

However, an avalanche of Internet technology companies finally occurred. On March 3, a large number of high-tech stock leaders, such as Galaxy Network, Microsoft, and other tens of billions of dollars of sales orders, happened to appear on the morning of the first trading day (Monday) after the weekend at the same time.As a result of the selling, NASDAQ fell from 8 to 5038 as soon as the market opened, a full drop of 4879 percentage points!

Li Zetian was cautious when cashing out his shares, trying to keep the selling order below US$50 billion at the same time.

Today, there are more than 100 billion US dollars of sell orders all at once, which can't help causing great panic among stockholders.

The processing of batch sales orders triggered a chain reaction of selling, and investors, funds and institutions began to liquidate one after another.

In just three days, the stock prices of Internet technology companies plummeted, and the NASDAQ Composite Index lost nearly 1000 points.

Afterwards, Li Zetian learned that it turned out that Tian Shuai, Zhang Hao, Bill Gates and others all sold a large order on March 3, and just on this morning, other shareholders also sold many large orders. Added up, it's more than $8 billion.

Coupled with the fact that Li Zetian had been selling shares before, in the eyes of others, it is obvious that Li Zetian no longer has confidence in the Internet.

Therefore, Internet technology has collapsed, and it will never come back!
Li Zetian couldn't help but smiled wryly, "If I hadn't asked Tian Shuai, Zhang Hao and others to sell their shares, the Internet bubble might last for a while. It seems that the culprit of the Internet bubble bursting is myself..."

However, Li Zetian looked back and thought that he had already cashed out anyway, so he didn't care about the flood.

At this moment, although Li Zetian is frantically acquiring companies in Asia, he still has two to three trillion US dollars in cash reserves in his hands, which can be described as a veritable rich country! ! !

The disintegration of the Soviet Union, the Asian financial crisis, and the Internet bubble made Li Zetian's wealth accumulation speed reach an incredible level.However, I am afraid that it will be difficult to have such a good opportunity to make money in the future!
With so much money, it's time to do something big, such as climbing the technology tree crazily, even regardless of cost!
Li Zetian then began to make ambitious plans.

Tian Shuai, Zhang Han, Bill Gates and others came to Li Zetian's home one after another to express their gratitude to him.

"Mr. Li, the Internet bubble has really burst. If you hadn't reminded me, I'm afraid I would have lost tens of billions of dollars!!" Zhang Han said excitedly. He holds nearly 5% of the shares of Yinhe Network Company. Calculated by overturning the market value, the value of Zhang Han’s shares is nearly 360 billion US dollars.

Li Zetian smiled and said, "How many shares did you cash out?"

"I only cashed out 2.5% and left almost 2.5% of the shares." Zhang Han laughed.

"At least 150 billion US dollars..." Li Zetian said.

Zhang Han chuckled, nodded and said, "135 billion US dollars, the stock price has fallen later."

Tian Shuai and Zhang Hao came together, and Li Zetian turned to look at Tian Shuai.

Tian Shuai said: "I sold 3% of the shares and cashed out 160 billion U.S. dollars!"

Li Zetian laughed and said, "Tian Shuai is more courageous!"

Zhang Han curled his lips and said, "It's not that bad..."

After a pause, Zhang Han asked in a low voice: "Mr. Li, do you think the market value of Yinhe Network can recover to more than 6000 billion US dollars?"

Li Zetian thought for a while, then shook his head: "I'm afraid it's a bit difficult..."

Zhang Han said angrily: "If this is the case, I should sell more shares!"

Li Zetian hesitated for a moment, and said: "The current market value of Yinhe Network has dropped from 6800 to 5000 billion US dollars. I think it will continue to fall, and even fall below 1000 billion US dollars!"

"How is it possible!!!" Zhang Han opened his mouth wide, with an expression of disbelief.

"Mr. Li, are you guessing wrong?" Tian Shuai couldn't help but frowned.

"I also hope that my guess is wrong... In short, the impact of the Internet bubble burst this time is very serious!" Li Zetian couldn't help sighing slightly when he said this. After all, he is the biggest victim.However, after the Internet winter, these shares can be repurchased at a low price, and they can make a lot of money.

That being the case, the stock price simply fell more violently.

Tian Shuai and Zhang Hao's expressions changed, and they wondered if they should continue to sell their shares?
After the two had a meal at Li Zetian's house, they left in a hurry.

……

The Asian financial crisis has just ended, and the Internet economic crisis has come again, which is really embarrassing.

Now almost every day an Internet technology company goes bankrupt.

Time Warner is already on the verge of crying, and it has only been a few months since it acquired AOL. The stock price has plummeted, and the market value has shrunk by half!
Bill Robert called Li Zetian and vomited bitterness.

Li Zetian also said that he was very sad.

"Mr. Bill Robert, you don't know, the Internet economic crisis broke out, and I am now losing a lot, at least... at least 5000 billion U.S. dollars!!!"

Bill Robert almost rolled his eyes when he heard this.

"Mr. Li, who doesn't know that you have cashed out most of the shares before! Did you expect the Internet economic crisis to come?!" Bill Robert asked curiously.

Li Zetian said: "I just know that the market value of Internet companies is generally inflated and the bubble is serious. I have no other advantages as a person, but I am not greedy. Seeing the market value of these companies is so high, I am worried every day, so I prepared long ago. Cash out. How could I have imagined that after I finished cashing out, within two or three months, the Internet bubble burst! Oh, this is really lucky for me..."

"Mr. Li, you are really a person favored by heaven!" Bill Robert sighed.

"Well, yes, I think so too!" Li Zetian nodded, and said with emotion, thinking, if he hadn't been reborn through time travel, he wouldn't be who he is now, God really treats me well!
(End of this chapter)