Rebirth of the Tech Madman

...

Of course, a well-known public enterprise like Zheru Software Company made such a big move, and of course it soon became known to the world, and all stakeholders immediately rejoiced.

Depending on the circumstances, the blow to repurchase stocks will inevitably be a bit false; but the decision to add 500 million US dollars to the market is a real benefit.

You know, since Microsoft's windows_98 was killed by the Chernobyl computer virus, the consumer-grade personal computer general operating system on the market has only been left by Philosopher Software; and Microsoft has only hoped that it was originally server-oriented. The windows_nt of the workstation can come out with a home version at the end of the year to make up for it.

In other words, at this stage, the global annual shipment volume has reached 100 million personal computers. In the process of transforming the role from productivity tools to digital centers, Zheru Software Corporation seems to have exclusive access to the market, especially outstanding. Partners and consumers are very satisfied.

Based on this, there is no doubt about a conclusion, that is, a huge benefit-sharing business opportunity is placed in front of the entire industry.

Now, Zheru Software Company has added 500 million US dollars for its marketing promotion, which is simply to further insure this gluttonous feast, it is absolutely delicious and full!

In the office of the Tiger Fund, Julian Robertson listened to Andris Halvorson, Lee Ensley, Stephen Mandel, David Goel and other cadres discussing Philosopher Software The company's aggressive use of cash reserves will have an impact on shorting its stocks.

For example, as a standard value investor, Lee Ensley analyzed according to his own thinking: "Zheru Software Company added 500 million US dollars for marketing, in essence, it wants to further highlight the benefits to the entire IT industry. A huge business opportunity to strengthen the pressure of petitions in the industry, so as to temporarily put aside the trial of the United States of America v. Zheru Software Monopoly Case."

"However, even if Zheru Software’s plan is successful, the Department of Justice will only temporarily compromise. It certainly does not want the United States of America v. Zheru Software’s monopoly case to be entangled with the upcoming two-thousand-year US presidential election. It will definitely be this year. In the second half of the year, we will resolutely let the monopoly judgment be finalized and split the current Philosophy Software Company."

"Therefore, from a longer-term perspective, the basis for shorting Philosophy Software companies is not only still there, but also very solid."

Julian Robertson nodded and concluded: "Compared with those hype-conceptual .com companies, Zheru Software is undoubtedly a company with outstanding performance, but the problem is that it has been too successful, and the Ministry of Justice is determined. The heart wants to break the monopoly it controls."

"It is precisely because of this that I have full confidence in short-selling Zheru Software."

Speaking of this, Julian Robertson changed his words: “I know that everyone has always been disfavored by us. However, the stock price of com has been soaring in the stock market. It is becoming more and more incomprehensible and even starting to doubt our long-term The value investment analysis method used since..."

"It was originally." Someone complained immediately: "After analyzing for a long time, it's better to simply follow the principle of "flow is king" and pick stocks directly based on their feelings."

"Take Amazon, the online shopping company that just went public. Obviously, it will not be able to achieve even a slightly larger profit within four to five years. However, IPO is still extremely hot. The stock with an issue price of $22.5 per share was grabbed. And why is it empty?"

Listening to the loss in the voices of the people, Julian Robertson has already understood that he must do everything himself as before, and suppress some of his subordinates' own ideas, which will inevitably lead to renunciation.

Alas, who made the Tiger Fund's strength shrink so much that it can't cover all its ugliness!

Thinking of this, Julian Robertson laughed and announced in a relaxed tone: "I am going to set up several more independent funds outside of the Tiger Fund system to allow more thoughtful people to play. For example, Don’t anyone want to buy Intel’s stock? Then you can follow your own ideas and show your strengths."

The meeting room, which was full of talents, but a bit dull, was immediately stimulated by Julian Robertson's decision.

...

200 West Street, Manhattan, New York, in the Goldman Sachs Building diagonally across from One World Trade Center, welcomed an extremely distinguished guest, that is, Tang Huan, the richest man in the world, and Henry Paul, CEO of Goldman Sachs Mori greeted him in a spring breeze.

Goldman Sachs just finished a good deal, that is, the underwriting of Amazon's stock was a great success on the Nasdaq Ipo, and the mood of ups and downs naturally followed very well.

Of course, the dignity of the richest man to Goldman Sachs is by no means limited to his identity as a customer. He is also a shareholder of Goldman Sachs.

Each system has its own way of balancing interests.

In the case of enterprises, non-supervisor public companies have the methods of non-superior public companies, and superior public companies have the methods of superior public companies, such as Tang Huan’s Philosophy and Philosophy Software.

For a long time, Goldman Sachs has been a partnership company. In order to transform into a listed company, it has been quarrelling internally for at least ten years. Now it finally has the final result. That is, Goldman Sachs, which always helps other companies ipo, will also take its Sent to the stock market.

However, the shares of Goldman Sachs left to the general public are not very large in nature, only about 12%, of which 48% are held by company partners, 22% are allocated to employees, and the remaining 18% are given to retired people. Partners and long-term investors including Sumitomo Bank.

The richest man holds a 2.8% stake in Goldman Sachs. This visit is regarded as a work tour of Goldman Sachs before going public.

However, Henry Paulson still did not forget to jokingly said: "Tang, I thought you would send business to your door by the way."

"Business?" Tang Huan raised his brows, "I really want to send a business to Goldman Sachs."

"Then tell me..." Henry Paulson hurriedly urged excitedly.

The richest man looked at each other with scorching eyes, and slowly asked: "You tell me first, who is shorting Zheru Software Company?"

"Well..." Henry Paulson's face was embarrassed.

Tang Huan stretched out his hand, and the assistant beside him handed out a document lightly, "This is the first fund, 500 million U.S. dollars."

Henry Paulson took a look at the file, and while pretending to let his hand go down and check it, he confided in his heart: "Why do you care about who is shorting the stocks of Philosopher Software Company? Anyway, you are going to let go. Ready to buy back Zheru Software's stock."

"It won't be that simple." The richest man snorted, "In the eyes of some people, Zheru Software Company is now an excellent gap. Once opened, it will have iconic significance. Like the stock market crash, the total It starts with the factor that can cause group panic."

Henry Paulson's lips opened, and he didn't know how to answer the call. Fortunately, he quickly came to the stairs and his subordinates sent the results of the investigation.

In fact, this is just what it looks like. Zheru Software Company is not just three or two kittens. How could the cause and effect of stock price changes escape the vision of these professionals.

If Goldman Sachs really lags behind in intelligence in hindsight, it would have disappeared from the cruelly competitive Wall Street.

Henry Paulson opened the file, scanned it twice, and then pretended to put it in front of Tang Huan, explaining: "From the information collected so far, it is Julian Robertson of the Tiger Fund who is taking the lead in doing this. ."

The richest man who didn't look at the document, nodded slightly and said: "Then, for the 500 million US dollars, short the US Airways, which is heavily held by the Tiger Fund."

Henry Paulson smiled bitterly, "Tang, in fact, if you want to, you can trace the history back to 1939, when the DuPont family established all_american_company, US Airways, and buy it, and then sweep out the Tiger Fund."

"I'm not interested in the civil aviation industry, and I don't want to stretch my hand so long." Tang Huan said blankly: "I hope Goldman Sachs will help Zheru Software Company fight back against the Tiger Fund, while at the same time it is still cherished by the California High Speed ​​Rail Those with vested interests in the air transportation field convey an attitude, that is, if I urge me, not only US Airways, but also the entire civil aviation industry, I will be short for three years."

"Anyway, the market's preference for high-tech has not yet seen its end, especially this year, when a huge amount of money has swarmed from traditional industries, I have plenty of ammunition."

Henry Paulson scratched his head in response to this "fighting move" and intentionally refused, but the first sum of money was US$500 million.

The richest man casually read the Goldman Sachs investigation document, and after giving Henry Paulson time to think about it, he said, “Hugh Michael, CEO of Bank of America, should have been with Merrill Lynch. It’s almost done over there."

"Goldman Sachs is still busy with its upcoming ipo, I guess it's really overwhelming."

"Then I'll go to another place on Wall Street and ask if I'm willing to take this project."

Henry Paulson hurriedly picked up the document clearly marked "", gritted his teeth and said: "As you wish, Goldman Sachs is honored to be able to provide this service."

...

In the Tiger Fund’s office, Julian Robertson and the gang were still struggling with their value investment tools. They seemed to have failed in the current extremely hot market and missed many opportunities. When a staff member hurriedly ran to report. Said: "Goldman Sachs and Merrill Lynch suddenly issued two large short-selling orders for US Airways, which caused the US Airways share price to plummet."

Julian Robertson's hands shuddered involuntarily, what are you afraid of?

You know, compared to the chasing of high-tech stocks by many other investors at this stage, the Tiger Fund is doing the opposite and focusing on traditional industries, and US Airways is the top priority here.

Otherwise, Julian Robertson and the group will not sit in the office now, for this year a large amount of capital is pouring from traditional industries. The com concept stocks are becoming more and more intense and worrying hastily.

After calming his mind, Julian Robertson ordered: "All of you take action and quickly find out what is going on."

After all, they are all people in a circle, and clues such as wind and grass can still be caught quickly, not to mention that the richest man who originally wanted to kill the chicken to show the monkey is deliberately releasing the wind of warning.

Julian Robertson, with a sullen face, slapped the table hard, hating the old and the new, rushing to his heart.

After a while, someone came to report again: Goldman Sachs and Merrill Lynch did not have that violent short-selling of US Airways, and seemed to be testing the market's reaction.

Julian Robertson, who secretly breathed a sigh of relief, immediately ordered: "Follow their orders and don't let the market form a negative signal to US Airways."

This day, in the midst of accidents and noise, passed.

After the day turned around, Julian Robertson, who was in a calm mood, was overwhelmed by the content reported by two newspapers that fought to the death in New York, the New York Post and the New York Daily News.

Today, the "New York Post" and "New York Daily News", which were already mortal enemies, have formed a clear-cut attitude around the richest man.

Just read it, any newspaper issue, as long as one party mentions Tang Huan, the other party must rush up frantically from the other side and bite tit-for-tat.

This scene has become a spectacle in the New York media world, so much so that many local people are used to buying two newspapers together ~www.NovelMTL.com~ in order to see how they quarrel about a problem. It's a morbid situation!

In today's issue, the "New York Post" and "New York Daily News" once again mentioned the richest man at the same time.

The "New York Post" only looked at the "effects" without asking the "causes" and hit a sensational headline: "Don't want to empty the entire American civil aviation industry for three years."

"New York Daily News" wrote in the tone of an authoritative: a strong counterattack against the short selling of Philosophy Software, Tang shorted the Tiger Fund’s large share of US Airways, and put it down, since Julian Robertson lost very much in Xiangjiang. If you are not convinced, then I will see a decision this time. Don't mind spending three or two years to educate you on how to be a man!

Julian Robertson's hands trembled again, not surprised this time, but angry: "Okay, then I'll take it!"

However, a piece of news that made Julian Robertson's heart came: US President Bill Clinton summoned Attorney General Janet Reynolds at the White House; afterwards, Janet Reynolds told the media that he considered the majority of computer manufacturers. The Ministry of Justice will temporarily slow down the progress of the United States of America v. Zheru Software Corporation’s monopoly case.

Affected by this news, Zheru Software, whose stock price had fallen below $50, rebounded strongly before Zheru Software could actually repurchase it.

What is even more eye-catching is that the Dow Jones Industrial Average, which had been lingering for a long time before the 10,000-point mark, was finally stimulated to explode. On March 29, 1999, the Dow Jones Industrial Average broke out. It's 10,000 points. The report closed at ten thousand and sixteen.

Seeing this scene, Julian Robertson suddenly felt pain in his cheeks.

Oops, these. The com concept stock is really unreasonable, and I don’t know if it’s too late to start now?