Silicon Valley

v2 Chapter 382: Down and down! ! !

In the past week, U.S. stocks have shrunk by $2.6 trillion, and countless people have lost their money. For those who love to play and watch, the situation in the stock market is getting worse and worse. The US government has to bail out the market, or else the stock market will collapse. After the end of this week, the US government injected a lot of money into the stock market to increase the confidence of investors. However, after the market reopened on September 17, panic selling was still inevitable, and the major stock indexes continued to fall to their lowest point in three years.

The plunge of Internet companies is even more stunned.

A week later, Cisco's market value dropped from more than US$500 billion to US$310 billion, and it literally evaporated US$190 billion!

The market value of icq has dropped from US$350 billion to US$160 billion, evaporating US$190 billion!

The market value of isearch dropped from 280 billion US dollars to 120 billion US dollars, evaporating 160 billion US dollars!

...

There are only a handful of Internet companies with more than 100 billion U.S. dollars. Senior Wall Street analysts said, "This stock market crash can be seen as the bursting of the Internet bubble! The market value of other companies is also falling, but it has not fallen so hard!"

Experts said: "Since 1992, the Internet has boomed. Global capital has been optimistic about Internet companies, and then invested heavily in it. Under the uptake of capital, the Internet bubble has formed. Prior to this, the Internet bubble did not burst because everyone did not burst. Hope the stocks will fall. But this time, the 9/11 incident caused the stock market to plummet, and the Internet bubble could no longer hold on, and finally broke out like an avalanche! The stocks of Cisco, icq, isearch and other companies plummeted. Within this week, the U.S. stock market Almost two-thirds of the evaporated wealth belongs to Internet companies!"

At this time, when Internet stocks plummeted, people suddenly sounded. In the past few months, Henry Williams suddenly cashed out a large amount of funds. Isn't this a sign? Could it be that Henry Williams has long realized that the Internet bubble will burst? ! !

For a time, countless reporters flocked to Williams Manor. Soon, hundreds of reporters gathered outside the manor.

Henry knew that this issue must be interviewed, otherwise, people would have more speculations in their hearts, and even suspect that Henry was related to 911. Of course, no one has yet linked the 9/11 incident to Henry. Therefore, Henry was interviewed wearing a mask.

Henry asked the reporters to enter the manor. The reporters looked surprised and took pictures with their cameras on the way.

Ten minutes later, the driver took them to a large comprehensive stadium.

After the invited reporters arrived and were ready, Henry took the stage for an interview.

Henry first said briefly: "After the 9/11 incident, stockholders panicked and dumped their shares, which led to a sharp drop in the stock market, including Internet companies. The press conference was held today because everyone knows that I started cashing out funds in May. Yes, do you know that the Internet bubble will burst? My answer is—yes, I know!!!"

As soon as the voice fell, there was an uproar in the audience, and they began to discuss.

"Quiet!!!" Henry shouted through the microphone. He said, "Actually, the Internet bubble is very obvious, and many people can see it, but they still have a fluke mentality and think that the stock will rise! I work in the Internet industry. For more than ten years, it can be said that no one knows the Internet better than me. From the establishment of Cisco to the Nicholas Group, and now, every step I take, I have a deeper understanding of the Internet! Since last year, I have felt the Internet bubble It may be shattered at any time. In fact, I also have greed, and I also think that the stock will rise. Before I was hit by the bomb, I had always had this fluke mentality."

Henry paused and said, "However, when I came back to life from hell, my whole life values ​​changed a bit. Human life is so fragile and short. We should cherish the present and cherish everything we have. Every second. Money doesn’t have to be earned, just enough to be used. The key is to be happy. But greed makes people never satisfied. So, I decided to cash out the money!"

Bang bang bang!

The abc reporter asked: "Excuse me, Mr. Williams, when do you think the plunge in Internet concept stocks will end?"

Henry shook his head and said, "I don't know about this."

CNN News reporter asked: "Mr. Williams, what do you think the normal market value of Internet companies will be?"

"Well, it depends mainly on the company's development. The market value of one or two hundred billion US dollars or tens of billions of dollars, billions of dollars, I think it is normal."

"Mr. Williams, according to the current situation, the Internet company under your name is still plummeting. I am afraid that even isearch may fall below the $100 billion market value next week!"

Henry nodded, "Yes, there will be a long time for recovery after the bubble is gone!"

...

The reporter interview lasted nearly an hour.

Henry made up a lie, saying that he had gone through life and death, so he decided to cash out funds from the stock market. This statement also seems to have a certain degree of credibility. Besides, for the Internet bubble, countless senior analysts said that they all know that there is a bubble in the Internet, but they just don't know when it will burst. icq's annual profit is less than 5 billion US dollars, but the market value is as high as 350 billion US dollars, which is very abnormal. There are very few Internet companies that can make a profit. Most Internet companies are losing money, but some companies have a market value of several billion or even tens of billions of dollars. Is this unreasonable? Various signs indicate that the Internet bubble is already very serious. People who are not greedy will naturally cash in early, so as not to be uneasy all day long.

The news of Henry's interview quickly made it into the newspapers, and people can only admire Henry's vision once again.

What can people do besides envy and hatred? Who tells people to have a good vision and cash out early? However, the media later stated that, in fact, Henry was the one who lost the most in this stock market crash! He holds a 50.1% stake in most companies. The stocks plummeted and his worth dropped, almost evaporating $500 billion worth of worth. And over time, even more than 500 billion!

That being said ~lightnovelpub.net~ investors feel a little bit better, and they have lost less than Henry Williams.

Henry has nothing to do every day now, so he focuses on stocks.

Fall, continue to fall, the worse the fall, the better, so that it is easy to acquire! ! !

Last time AOL bought Global Online, Henry didn't care much about portals, but Twitter was also sold. This time, Henry wanted to buy it back, and still bought it at the "cabbage price." Before the development of smart phones, the potential of Twitter was not realized. Twitter is in the hands of AOL, it's a waste!

This time, the Internet bubble broke out and AOL was miserable. He has been in the second place, earning little money, but the stalls are huge. As we all know, Internet companies mainly rely on advertising to make money. After the Internet bubble burst for a long time, advertising prices have almost become "cabbage prices", and many Internet companies have closed down. AOL will definitely suffer a huge loss, and it will definitely face a financial crisis!

With four hundred billion dollars in hand, Henry is full of self-confidence! ! !

(To be continued.)