Reborn since 1993

Chapter 1160 Under the Shadow
Lu Wenhua asked this question because Yahoo is special. In this Nasdaq frenzy, Yahoo is the flag of the Internet. Its rise means that the entire Internet is rising.

Selling Yahoo stock implies a clear shift in sentiment: it means liquidating all Nasdaq shares, reflecting a pessimistic outlook on the internet sector and even a perception of significant risk.

This is by no means a small matter for the Zhixing Foundation, or even for the entire Nasdaq!
"Yahoo belongs to America, to Wall Street, and to countless American investors!"
The Zhi Xing Foundation has an obligation to ensure that more Americans can enjoy the benefits brought by technology companies like Yahoo!!

Li Dongling declared righteously, "The Zhixing Foundation cannot be the villain who prevents Americans from getting rich. Yahoo stock is definitely going to be sold."

After all, once the opportunity to buy Yahoo stock is gone, it's gone forever. Are you going to keep Yahoo stock, which has a market value of hundreds of billions, as a family heirloom?

Isn't this just like hoarding pagers before cell phones became popular, and then hoarding Nokia phones when smartphones came along—a classic case of playing the Renaissance?!

"Of course, a strategic relocation can also be a strategic return. When the time is right, the Zhixing Foundation can also buy back the shares that have been sold!"

He said this to Lü Wenhua, but the philanthropist Li had no intention of buying back the Yahoo shares he had sold.

On the contrary, Li Dongling needs to keep an eye on the stocks of Feiyan Technology and Cyberport, and carefully manage the situation so that he can sell the stocks and cash out without losing control.

We'll wait for the right opportunity to gradually buy back the shares from the market or from other shareholders!
"Starting from the end of this year, the Zhixing Foundation will gradually begin to sell companies such as ASK Search."

Furthermore, we need to gradually spread the rumors that the Zhixing Foundation intends to sell Yahoo stock. We need to complete all of this by early the following year—selling what needs to be sold and cashing out what needs to be cashed out!

Li Dongling looked at Lü Wenhua and said, "There are methods to cashing out, especially when it involves huge sums of money."

The Zhixing Foundation holds 5% of Yahoo's shares, while Feiyan Technology, due to its share swap with Yahoo years ago, holds 8% of Yahoo's shares.

Together, the two companies hold 13% of Yahoo's shares. It's unrealistic to wait until Yahoo's market value reaches its peak of $1280 billion before selling off that 13% stake all at once.

Imagine if, in an instant, $16.6 billion worth of stock were suddenly dumped, Yahoo's stock price would probably collapse instantly, and everyone who bought Yahoo stock would be buried alive. That would surely incur public wrath.

The key issue is that Wall Street institutions and state retirement institutions in America will definitely not let this go easily. If things go wrong, you might not be able to cash out and could even end up losing a large sum of money!

Therefore, to cash out so much Yahoo stock, they should start slowly cashing out by next year at the latest, finding suckers to take over, finding strategically minded institutions to take over, and gradually clearing out all the Yahoo stock.

The best course of action would be to spread the word and attract major companies or institutions to take over the shares and sell them directly. This way, when they cash out, it won't affect Yahoo's stock price. If Yahoo's stock price collapses later, they can't blame Zhixing Foundation and Feiyan Technology.

"I...I know what to do!"

Lu Wenhua's expression was very solemn. He was determined to do what Li Dongling had asked him to do, which meant liquidating the Yahoo stock held by the Zhixing Foundation and the internet companies like Ask that they had invested in at the beginning of the millennium.

What Lu Wenhua found hard to imagine was what it would be like if the internet market suddenly collapsed. He didn't even dare to think about it; just the thought made his scalp tingle.

However, none of these things were for Lü Wenhua to consider. What he needed to do was to complete all the tasks assigned by Li Dongling.

These tasks are actually not difficult. The internet market is heating up, although it hasn't reached that crazy point yet, but selling off shares of internet companies, especially well-known ones, is not a difficult task.

As for Yahoo stock, needless to say, as soon as the news spreads, there are plenty of giant companies and top-tier wealthy families ready to take over. Right now, countless people want to get a ticket to the internet industry, but it's impossible to obtain one.

After giving instructions to Lü Wenhua, Li Dongling rubbed his cheeks. For the next period of time, life at Dongling High-Tech would be a little better.

If SVG can secure the export of lithography machines, and the Zhixing Foundation gradually begins to cash out its shares in Yahoo and other companies...

Dongling High-Tech will face significantly less external pressure and will have much more abundant funding.

Of course, it's impossible to be complacent. After all, Dongling Hi-Tech still has a group of competitors. Even the alliance with Intel and Apple are becoming rivals of Dongling Hi-Tech. There are also a lot of domestic and foreign competitors who want to replace Dongling Hi-Tech.

However, compared to last year, Dongling Hi-Tech's situation is much better now!

……

"boom"

Countless champagne bottles sprayed out like a golden rain as Apple celebrated its iMac G 3 all-in-one computer, which sold over 200,000 units!
This set a new sales record for Apple in recent years, proving Steve Jobs's "brilliance and skill." Naturally, a banquet was held to promote Jobs's achievements to Apple's internal staff and shareholders.

In America, many things need to be spoken up; if you don't say anything, others will just pretend it never happened.

The event was attended by a large number of people, including not only Apple executives but also many celebrities. Even some Apple board members who had some disagreements with Jobs came to congratulate him.

Everyone knows that the success of Apple's all-in-one computers has given Jobs real power, and no one can say "no" to Jobs at Apple anymore.

Even Apple's board of directors is now worried that Jobs might continue to purge them, and they dare not give him any leverage. "Steve, the iMac will definitely become the world's best-selling all-in-one computer!"

"Only you can lead Apple to greatness again!"

At the banquet, Jobs was surrounded by people, and all sorts of praise reached his ears, but Jobs didn't pay any attention to it.

He had already experienced this kind of praise back then, but when he was kicked out of Apple, those who had praised him back then turned their backs on him and not a single person spoke up for him.

"Steve!"

Just as Jobs was talking with Apple's chairman, Woodra, who was also the most important person in Apple who supported his return to the company, Apple's chief financial officer, Fred, walked towards Jobs.

Seeing Fred's expression, Jobs knew he must have something to talk about. The two walked aside, and Jobs looked at Fred. "What is it?"

"The finance department has discovered that someone has been accumulating Apple stock on a large scale recently!"

Upon hearing Fred's words, Jobs remained unfazed. Apple's stock price had doubled during this period, and many institutions and investors had bought large amounts of Apple stock, which was not surprising.

"Which company is it?" Jobs didn't seem to care much.

Fred said, "According to information from Wall Street brokerages and institutions, the funds being raised are from several international foundations. However, their parent companies, namely the Zhixing Foundation, are worth paying attention to!"

When Jobs heard the name, he felt a vague sense of familiarity, as if he had heard it somewhere before.

Fred didn't mince words and said directly, "The Zhi Xing Foundation invested in Yahoo, and it's one of the well-known venture capital firms in Silicon Valley!"

The foundation was founded by the founder of Dongling High-Tech, an Asian technology company. The Shenzhou A1 all-in-one PC belongs to Dongling High-Tech.

Upon hearing this, Jobs' expression finally changed; he remembered where he had heard this name before.

Yahoo's popularity in America is growing, and the "legendary" stories associated with Yahoo, such as the rumor that investing in Yahoo yields hundreds of times the return, are common knowledge in America. This has attracted countless investors who have poured their money into Nasdaq and lost it all. The Zhi Xing Foundation is one of those involved in these stories.

"How much Apple stock did the Zhixing Foundation acquire?"

"It's not quite clear yet, but I estimate it's at least around 4%!"

Jobs's expression turned very unpleasant. He disliked Dongling High-Tech, for no particular reason, but he just didn't like it.

In particular, the Hasee A1, which was one step ahead of Apple and launched the first all-in-one PC, is the best-selling all-in-one PC in the world, while Apple can only rank second!
The feeling of being outmaneuvered is not pleasant. As expected, the most direct competitor for Apple's next MP3 player will likely be the Feiyan MP3 player launched by Feiyan Technology, a subsidiary of Dongling Hi-Tech!

This competitor, who was always one step ahead of Apple, was someone Jobs was unwilling to acknowledge as a nemesis. But the fact that they were always one step ahead of Apple left Jobs feeling helpless. It was as if Apple was following in the footsteps of Dongling Hi-Tech, picking up scraps from their heels, living in Dongling Hi-Tech's shadow.

If this happens a few more times, will people say that Apple is imitating Shenzhou?
Steve Jobs disliked this feeling. For the proud Jobs, what he wanted was to lead the times and develop groundbreaking products, not to follow in someone's footsteps!

If the Zhixing Foundation acquires 5% of Apple's shares, wouldn't that mean the Zhixing Foundation would also be able to join Apple's board of directors?

If Jobs had any new plans in the future, he would have to report to the Zhixing Foundation. Wouldn't that be the same as reporting to the great philanthropist Li? Jobs felt extremely disgusted just thinking about it.

"Apple does not welcome the Zhixing Foundation to its board of directors, and I also dislike the Zhixing Foundation very much!"

Jobs looked at Fred seriously and said, his meaning was clear: to make a public statement to stop the Zhixing Foundation from continuing to buy Apple stock.

The sudden news made Steve Jobs lose all interest in listening to praise. He would rather use the time he had spent practicing the secret technique he had learned from India, the Quiya Yoga meditation, and maybe that would improve his mood.

The Quija Meditation is said to provide the equivalent of two hours of deep sleep in ten minutes. Steve Jobs sometimes felt that using the Quija Meditation gave him inspiration and energy; it was simply amazing.

Whether it's true or not is hard to say. In this magical country of Bharat, anything is possible. The famous Bharat political theorist and president even promoted cow urine, which is said to cure all diseases...

But one thing is certain: Dongling High-Tech and Li Dashanren have gradually become the entities that make Steve Jobs most uncomfortable.

……

When Xiong Tianming, who flew from Harbin Institute of Technology to Pingyang, arrived at the Yuhe Leisure Resort, he saw Li Dashanren playing with a baby who had just learned to roll over.

(End of this chapter)