Coquettish Rebirth

Under the double stimulus of domestic funds and foreign asylum funds, it is impossible for the Nasdaq in the United States to not be destroyed—according to the reported information, it was invested in the Nasdaq market from 96 to 99. The funds, not counting venture capital and the like, are more than one trillion US dollars!one trillion!Then, there are less than 500 stocks in Nasdaq!Less than 500!With such an average score, how can a family cost 20 billion US dollars?And the 20 billion US dollars are all bought in the open market!How much will this raise the price?What if there is no bubble possible?

For example, after a company that designed commercial trading software went public in the second half of 99, its stock rose from $25 to $170 a share in just six months!Calculated according to the ratio, it is an increase of 580% in half a year!This is even more exaggerated than the Sherlock Holmes company going public that year!Then, after the middle of 2000, the stock price of this company evaporated almost 170% of its face value from 98 US dollars, and now it is only a mere 4 US dollars per share!

Why did Nasdaq collapse so badly?As one of the bosses of listed companies, Jia Hongjian understands that Nasdaq itself has flaws—this stock market seems to exist for hype, because it is a market set up for various high-tech industries, so this market is Allowing companies to go public without actually making a profit!Even before the first commercial income has been obtained, it can be listed just by hyping the concept and looking forward to the future!

So what does this mean?This means that during the so-called Internet boom, some companies first seek venture capital to invest, and then hype up a few concepts, which are very popular but have not actually produced any products at all. It can still be listed to make money!After the money was collected in the listing, of course they can't make any performance, but with the skyrocketing market, their stocks can also rise!At that time, when there is a shock, aren't these stocks the first to be listed?

It's a bit like the classic line in Feng Xiaogang's "Big Guys" around the beginning of next year-"Those who want to make money from e-commerce are fools. The website has to spend money, and I don't want my children to be entangled with wolves. High salary Hire a few scolding gunmen. Find a few cultural celebrities as targets, and whoever fires will be put out. What does the website rely on? It depends on the click-through rate! When the click-through rate goes up, the next one will follow. How much do you invest in? Add one zero to the money and sell it directly to the next family, and I'll tell you, if someone talks about an acquisition, you can cash out immediately, and you don't even need to talk about giving you stocks!"

This sums it up perfectly!This Nasdaq stock.Nowadays, many so-called Internet companies or e-commerce companies are trying to hype the concept. They first raise a few rounds, but they have not yet made any money.It seems to be the same as tomorrow's Microsoft and tomorrow's Sherlock Holmes.Then it will go public when the momentum is big, and if the listing makes money, then spend more advertisements!Fry up the stock price!As for whether it is wise to quickly find another company to take over, or continue to speculate foolishly, it will vary from person to person.

And after this wave of hype collapsed, it was really like an avalanche, dragging down Nasdaq and even a group of Dow Jones stocks.Originally, in addition to the so-called e-commerce and various Internet concept stocks in Nasdaq, there are still various other industries related to the Internet or it.For example, the semiconductor industry, such as the computer manufacturing industry, such as various storage equipment manufacturers, various security software manufacturers, and even various network infrastructure equipment manufacturers.Even the stocks of these companies have fallen all the way!Even Intel's stock has dropped a bit!

In the past six months, there have been more than [-] companies listed on Nasdaq, scattered and tragic!Among the more than half of the [-] companies, some of the stocks fell below the issue price, and then the company laid off employees in various ways, and some of the companies directly declared bankruptcy.Insolvent people go to the empty building!Even this trend is gradually spreading to less than [-] other companies—that is, Sherlock Holmes has relatively no plans to lay off staff for the time being, but whether it is America Online or other large Internet companies , Then rumors began to spread that there would be major layoffs!Even with a company like Motorola, there are rumors that there will be major layoffs!

Why would a mobile phone company be infected by Internet companies and lay off workers?It's very simple, because in addition to making mobile phones, Motorola also makes various semiconductor chips!For example, the chips used in the game consoles made by Sega, a Japanese game manufacturer, include Motorola's chips!In the past few years, with the rise of various Internet companies and IT companies.This Motorola's business is very good, and the order is very full!And now these small and medium-sized customers are in dismal condition one by one, some have closed down, and some have begun to downsize and tighten their belts.It is also less to buy Motorola's products!So according to various market reports, it is expected that Motorola's performance this year may drop by about 20%!How scary!

But American companies are so ruthless, seeing that their performance is about to drop by 20%, the CEO may immediately start thinking about layoffs!And this practice is very common in the United States!So there are all kinds of speculation in the industry!There are rumors that Motorola may lay off 2001 employees around the world at the beginning of 5 in order to cope with the decline in performance and maintain the company's profitability!Accounting for more than 30% of their total staff!Make up for the loss of performance by reducing labor costs!

By the way, Jia Hongjian was a little concerned about the stock price of his Holmes company.Now the stock price of Sherlock Holmes has been dragged down all the way. On the whole, the company's market value has dropped from tens of billions of dollars before to 30 billion dollars now, which is almost one-tenth of the previous value. It is estimated that it will wait two more years. When the stock price drops a little more at the end of the month, Jia Hongjian can start buying bottoms.Wait...Suddenly Jia Hongjian realized something...He suddenly felt as if there was an opportunity in front of him, but he couldn't grasp it vaguely!

This kind of rush is like suddenly feeling like I have forgotten something, but I can't remember what I forgot.This is a very strange feeling. After this feeling came out, Jia Hongjian was so suffocated that he couldn't think about other things!What is it?What is the chance?Thinking about it, Jia Hongjian subconsciously looked at the newspaper news he had read just now.Finally, I came across the news that Motorola was going to lay off employees...

Hiss... Motorola is laying off employees?Then a large number of IT companies and Internet companies in the United States will lay off employees?Do you want to absorb these laid-off people?You must know that Jia Hongjian is still a person who loves talents, and it is possible that few of these laid-off guys are really talented... But this should actually be considered a kind of expansion against the trend, right?That's right!How did Samsung dominate the memory market in history?Isn't it relying on expansion against the trend?Isn't it because you are not afraid of losing money?When U.S. companies are laying off employees or shrinking the front line because of poor performance, Korean companies are expanding their scale and recruiting people. Get up!

In this era, because there is no Google, no Yahoo, and a series of companies, the talents of those companies before may have spread to the entire Nasdaq Internet company, and will these people Was it cleared out for various reasons?If Jia Hongjian can absorb these people into Holmes Company, will this be of great benefit to the future development of Holmes Company?Especially in the future, Jia Hongjian wants to develop his own mobile phone operating system like Google. Does this also require corresponding talents as a reserve?Is this so that we can make technical reserves in advance?

Thinking of this, the more Jia Hongjian thought about it, the more he felt right!You must know that many of these listed companies in the United States use so-called professional managers.As for professional managers, many of them don't care about the company's future development potential and long-term development blueprint!Because the income, dividends, bonuses and even the length of contracts of these professional managers are all linked to the company's profitability!And as the immediate bosses of these CEOs, they are not necessarily the simple founding elders, but also various other shareholders of various venture capital companies!How can other shareholders care about the future of the company?As long as the company can make money every year, it can guarantee that these shareholders make money!As for the CEO, if he is not sure that he will be able to govern for a long time, then he has worked hard to lay the foundation now, but in the end he is fired because of losses, and then another guy starts to make profits based on the foundation he has laid. , Isn't this a wedding dress for someone?So in many cases, this professional manager doesn't care whether the company looks good or not in the long run, as long as the choices he makes look good in front of him, that's fine!

In this case, it is not without various sales departments, and it is not without various "irrational" things happening!Otherwise, in the future, why would McDell prefer to re-privatize and delist rather than go public to collect money?Because the short-term performance of listed companies is related to stock prices, and stock prices are related to the interests of shareholders!Therefore, the short-term performance is not good, and the shareholders are not happy!So in order to make shareholders happy, the decision made by this company may not be suitable in the long run!

Even, Jia Hongjian thought about it deeply, and even when many companies are bankrupt or in trouble, can we absorb some ideas, technologies and patents of other companies?If many things are developed, maybe they will be of great use in the future?You must know that when Google developed Android, it also quickly laid the foundation by acquiring small companies!Biyadi made cars, and he quickly entered such a field by acquiring car companies!