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Chapter 160: Turtle in a urn
Chapter 160 Turtle in the urn
"Credit Suisse's attitude is very firm, and will not pay extra for America Telecom's lines than other telecom companies!"
Spivey reluctantly said to Song Yang that, like Deutsche Bank, Credit Suisse is also an outsider on Wall Street, but this outsider has now become a tiger on the ground. After entering America, he has been attacking everywhere.
With the so-called "secrecy law", Credit Suisse is harvesting leeks one after another, but when the congressmen in America harvested Credit Suisse, they didn't know the leeks that kept the money in Credit Suisse. , what does it feel like!
But now, Credit Suisse is still playing the game of traditional banks. Compared with Deutsche Bank, it is more conservative. There are not many foreign exchange, futures, investment banking and other businesses. This line of American Telecom is not fatal to Credit Suisse.
"Don't worry about Credit Suisse. It doesn't want to enter the futures market, so don't enter it!" Song Yang waved his hand and said to the three of Greck, Marcus, and Spivey in front of him.
Missed this opportunity, and Credit Suisse basically lost the opportunity to enter the Chicago futures market. In the next three or even five years, the line from Chicago to New York will be in the hands of America Telecom.
Next time, if Credit Suisse wants to enter the market, it depends on whether there is such a chance. Even if there is, Credit Suisse wants to enter the market, it will have to bleed a lot and pay a much higher price than today!
"How many line seats of America Telecom have you sold now?!" Song Yang asked Marcus.
Several major investment banks and banks on Wall Street, Song Yang and others have visited them one after another in the past two days. Some are generous like Deutsche Bank Investment Bank, and some like Merrill Lynch barely maintain their status as giants.
Marcus looked at the information in his hand, and was also a little surprised, "Now 130 seats have been sold, and there are still 70 seats that have not been sold!"
Just a few big Wall Street giants bought 70% of the seats in the hands of American Telecom. If it wasn't too expensive, all the seats were bought, and it would be outrageous not to leave soup for those small and medium-sized companies. It is estimated that these giants can really get things done. Absolutely, this line in the hands of American Telecom has been rounded up.
Spivey said with a smile at this time, "When we talked to the Morgan investment bank, the Morgan people even asked us to increase the seat fee!"
Otherwise, these Wall Street people are sloppy, and they are full of bad water. No matter how expensive the fees of American Telecom are, companies such as Morgan, Citi, and Deutsche Bank can afford it, but those small and medium-sized investment companies are not necessarily. The hard-earned money is not enough to pay the network fee for America Telecom. Morgan Investment Bank has raised the threshold for entering the futures market in disguise, and finally it is cheaper for several of their major investment banks.
"For the remaining seats, use the Dutch auction method to directly call those companies that invest in futures together, and auction the remaining seats in America Telecom!"
Several major investment banks on Wall Street have already entered the market, and the remaining small and medium-sized futures investment companies are the turtles in the urn in the hands of American Telecom.
Hearing that Song Yang was going to use the Dutch auction method to sell the remaining 70 American Telecom seats, Spivey and the others could not help but observe a few seconds of silence for the remaining nearly 300 Wall Street investment firms.
More than 300 companies have scrambled for 70 seats. Even if one company has one seat, there are more than 200 companies, which may completely withdraw from the futures investment market.
Of course, you can also not quit and continue to use the lines of the original communication giants, but the line speed is nearly half a minute or even a minute slower than that of America Telecom. After the order, those companies that did not use the Americas Telecom line have only just seen the news.
In the futures investment market, it is literally being cut as a leek. The difference is almost the shotgun against AK.
It is conceivable that these more than 300 companies will compete for 70 seats by auction. How tragic it will be at that time. If Song Yang's heart is more dark and he arranges a few trusts, I am afraid that the cost of one seat will be fired. to heaven!
"Song, if this is the case, the news of the America Telecom line will soon spread, and then the America telecommunications industry will probably..." Greg said with a little worry.
was targeted by several major telecom giants in America. At that time, America Telecom, if it wants to continue to develop like before, I am afraid it will be impossible.
No one knows how the major telecom giants treat America Telecom, but they are obviously robbed of Wall Street and even the New York market, such as Verizon, Telephone and Telegraph, WorldCom and other telecom giants. It is estimated that they will not be so happy, will they be right? No one knows the means used by America Telecom.
"Sooner or later!"
Even if Telecom America keeps a low profile, in the second half of the year at the latest, after the line is opened, Wall Street will still unsubscribe from the services of several major telecom companies on a large scale. At that time, Telecom America will still be exposed. The difference is only a matter of time.
"Get the Wall Street side as soon as possible. The most important thing for Telecom America is to complete it as soon as possible, and get the telecommunications license as soon as possible!"
"Spiffy, Marcus, you are in charge of auctioning the remaining American Telecom seats!" Song Yang explained to the two of them, and he would also deal with the listing of Double Click Company.
Double-click In the New York office building, Whitman, Lane, and a group of executives from Double-click Company are in contact with several major Wall Street investment banks and brokerages who come to listen to the quotations from these companies.
Today Whitman and the others are meeting with Goldman Sachs, the real boss of Wall Street. No matter how rumored it is, in the past ten years, Wall Street and even the global investment industry have gained the right to speak in the hands of this giant. Rain is no exception.
While they were talking on both sides, the senior executive led by Goldman Sachs suddenly received a phone call, his eyes were surprised, and then he extended his hand to Whitman with a smile, "President Whitman, happy cooperation!"
Double-click company executives such as Whitman and Ryan were surprised for a while, and then heard Goldman Sachs, the executive in charge of securities and stock issuance, say, "Mr. Bruno Song, agreed to Goldman Sachs's stock underwriting for Double-click Company!"
Song Yang finally chose Goldman Sachs, Deutsche Bank Investment Bank, and Merrill Lynch as the stock issuers of Double-click Company. He chose Goldman Sachs, or hoped to use Goldman Sachs' strong influence to blow Double-click's valuation.
Whitman was a little surprised, but after hearing that this was Song Yang's decision, he returned to calm, "Happy cooperation!"
After Goldman Sachs left, Whitman and Ryan came to the hotel where Song Yang was staying.
"Song, there are other investment banks willing to pay a higher price than Goldman Sachs!"
Whitman didn't mean to question Song Yang's decision, but he still said to Song Yang that on Wall Street, there are several small and medium-sized investment banks and emerging brokerages who are willing to represent the double-click company's stock at a high price.
An emerging brokerage company even offered Double-click Company an underwriting amount of up to 68 million US dollars, which means that it is willing to raise nearly 70 million US dollars for Double-click Company's listing, which is definitely a high price!
"It's been hard for you these past few days, but I've already chosen a listed stock underwriting company for Double Click, and negotiations will start tomorrow!" Song Yang put down the document in his hand.
Whitman and Ryan had puzzled expressions on their faces. They knew that Song Yang was not the kind of dictatorial person. From the fact that he gave them the power to handle the double-click company's affairs on weekdays, they could feel that they didn't know about the listing. Song Why did Yang make such a decision.
Seeing the expressions on the faces of the two, Song Yang picked up a document and put it in front of them, "I have a new project in my hand, and I need to double-click the company for assistance. I hope you can understand that this project is very important!"
Song Yang told the two of America Telecom's project. Sooner or later, the two of them would know about it. Song Yang didn't want to have a gap with the two because of this matter, and this matter also required the cooperation of the two of them.
Whitman and Ryan opened the document with doubts. When they saw the American Telecom project and the sold line seats, Whitman was full of surprise, while Ryan took a deep breath.
Now Ryan understands why Song Yang can let go of the double-click company and go running.
Three billion dollars, Ryan's eyes widened, looking at the amount of the America Telecom project in front of him, he didn't come back to his senses for a long time, Ryan didn't know how much Song Yang could earn on this project, but it was definitely more profitable than double-click listing. much more!
Lian raised his head, looked a little dazed, and said to Song Yang with some murmurs, "All those investment banks on Wall Street have already paid?!"
At this time, Whitman finally adjusted his mood. Looking at Song Yang in front of him, even though a lot of media had touted his boss as a genius, Whitman still felt a lot about America Telecom's project. Surprised.
This is an extremely bold idea to use the power of the Internet to change the pattern of futures trading on Wall Street. This is a crazy idea and a genius plan. She didn’t know who else would dare to have such an idea before Song Yang. The key Yes, how dare you throw hundreds of millions of dollars in to do this!
Whitman didn't know how much Song Yang was worth before he started America Telecom, but doing this project is definitely taking the risk of bankruptcy, but Whitman knows that once this thing is done, it will be. It is a miracle in the history of science and technology, and it will definitely be written into the miracle of the Harvard MBA case, a real case of technology changing the value!
"The Wall Street firm that signed the agreement has already paid one-third of the cost, and as long as America Telecom is completed on time, they will pay the rest!" Song Yang answered Lane's question.
When left Song Yang, Ryan was still in a trance. In just over a year, Song Yang's worth might have doubled? !
In the past, this was something that Ryan didn't even dare to think about, but now, it may be about to be played out in front of his eyes.
(end of this chapter)
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