2423 Chapter 884

The Nesfaq Index plummeted today. But it came suddenly, to Dancheu Island, and it was like a note.

This made many people panic. Many people on the Wall Street scene were dumbfounded. They didn't know what happened to the Nasdaq to enter such a crazy plunge. There was no sign at all.

Faced with the sudden problem, the experts were dumbfounded for a while, and Zhang Qi had not withstood such a test, so she couldn't help but turn her attention to Fan Wuyao for help. Xiao Yindang divided and said that Yindang's advertisement "Wu' Fan Wuyao received Zhang Qi's message and couldn't help scratching his head. Although it was a bit unmannered, it made the audience feel more cordial. He organized the words. Then he said, "Actually. When this year's Nasdaq index hit the five thousand mark. Some financial analysts calmly saw the bubbles in high-tech stocks. But this bubble is still getting bigger and bigger. Because the Nasdaq index is very speculative. There are plenty of people whose stock prices have been speculated to be completely out of reality. At present, the average price-earnings ratio of the Nasdaq index is as high as 800 times, and the sharp rise of the price-earnings ratio means that when the profitability of listed companies declines, the stock price has risen relatively. The Dak Index fell sharply from its peak, which is expected. small.

After he talked eloquently, several experts finally came back to their senses, so they joined the discussion. The original discussion about the Internet cafe industry was suddenly thrown aside, and everyone was discussing a question. Was the Nasdaq's plunge temporarily temporary, or was it a beginning? Where is the depth of the drop this time?

"After the longest period of economic growth in history, the incentives for foreign capital to continue to flow into the United States have gradually diminished. On the contrary, some of the previous investment profits have been taken back. The incentives for moving funds away from the United States to look for opportunities in other regions have gradually decreased. The bigger it is, if a new round of capital flows is formed, it is by no means uncommon for the Nasdaq Index to fall by a quarter or even half from its high level. "It is also relatively certain that Fan is free from illness.

"Does Mr. Fan think the Nasdaq will fall below 2,500 points? Some people think that Fan's expectations seem a bit too strong.

"No. My prediction is that after a towering, the Nasdaq will fall below two thousand points." Fan Wubing replied with a smile.

Listening to Fan Wubing laughing about the Nasdaq's bottom line here, people can't help but think of when the Nasdaq climbed the five thousand mark. Some people even think that Nasdaq has the hope of climbing the 10,000-point mark in the near future, or even crossing the Dow Jones Index.

What's more, some people calculated it based on the annual growth rate of the Nasdaq Index at that time, and it was within a few months. The Nasdaq Index will be able to cross the Dow Jones Index and exceed 16,000 points a year later. These comments now look really ridiculous, but they also truly reflect people's immense enthusiasm for high-tech stocks.

Fan Wubing said a few words in the various complex expressions of the people, "High-tech does have an attractive side. It is the endless new technologies and high-tech that make people’s lives change with each passing day. It is bringing happiness to mankind. At the time, it also brought huge wealth to the companies that own it, but the ups and downs of the stock market has told people a truth: only when this happiness becomes real, the wealth of the company can be real, relying solely on enthusiasm And sought after, a bubble will always be a bubble. Small.

In the next few days, everyone was attracted by the continued decline of the Nasdaq Index.

And Fan Wubing himself knew very well that such a decline was just the beginning.

In less than half a year, the US Nasdaq stock market, which has been arrogantly soaring all the way, suddenly turned around and fell without warning. The composite index is recommended to fall by 40% from the highest point of 5,100 within half a year. The company's market value of more than eight trillion US dollars has steamed, and this value exceeds the annual income of any country in the world except the United States.

AOL Time Warner alone will lose more than $100 billion in book assets, and almost all well-known Internet companies have suffered severe setbacks. Cisco's market value will drop by 70%, while Yahoo's market value will drop by 90%, and Amazon is no exception.

With the bursting of the global Internet bubble, several Chinese companies listed in the United States are not immune. Sina's stock price fell to a low of 1 hurting the dollar, Sohu's drop to a cent, and NetEase's even worse. Its stock price was only trade cents at one time.

The immature Chinese Internet economy has entered a trough of disillusionment early. In the future, this may be a period of pain that must be experienced, and the budding buds can only mature after going through the test of frost.

Fan Wubing never thought bad news when the stock market crashed. In fact, he has been preparing for this day for a long time. Except for some key industry stocks that must be kept, most of the stocks are already before Christmas. Dismissed, the main task of the headquarters at this time is not to do anything else. Rather, it is necessary to count the small gains in the near term and at the same time consider how to invest this part of the new capital into various industries to obtain greater benefits.

In recent days, the myth that the media has been propagating the Internet economy has shattered. The implication is that it is not without the feeling of gloating that the Nasdaq plunged in the United States. In fact, since the embassy was bombed. The mentality of the Chinese people has always been happy when they are beautiful.

The so-called myth of the Internet economy refers to the fact that the stock market in the United States has soared through the rapid development of high-tech industries. Many Internet companies have gone public and made huge profits from initial stocks. The thousand points soared to five thousand points.

At this time, when the stock market bubble burst, huge wealth evaporated, and Internet companies lay off one after another. The illusion that the so-called "losses of the Internet companies are also showing that the new economy has changed the laws of the economy" has also been shattered.

but. If you look at the overall situation, you will find that things are more complicated.

The bursting bubble is the website companies on the stock market and the small companies that have not yet been listed, and the venture capital has shifted. Product sales have fallen, but the network economy, including semiconductor, computer, infrastructure, software and other industries, has not suffered major damage.

Large companies such as Microsoft and Intel are still making profits, their stock prices have risen, new technologies are being promoted and applied, new products are constantly coming out, online shopping is on the rise, and web pages and Internet users continue to increase.

The temporary decline of the network economy is nothing more than a round of fluctuations caused by the cyclical trough of capital investment under high-tech conditions. In the United States, companies are about to get out of the trough through mergers, layoffs, and import reductions. Passed on to Asia.

The output of computer hardware in China has accounted for one-third of the world. At this time, it will inevitably be affected by this round of volatility. The supply of products from the industry has been declining. Semiconductors, including the production of micro-processors and memory chips, have been declining.

The increase in mobile phone sales is mainly due to the network infrastructure network equipment company Cisco in the Chinese market. It has also recorded a second quarter loss record in 11 years. The fiber optic cables manufactured by Corning and other companies have also surged in inventory due to oversupply.

Throughout. Against the backdrop of economic recession. Software sales performance is not as good as in previous years. Take the Windows operating system launched by Microsoft as an example. Most of them are bundled with other products, and sales are greatly affected due to security vulnerabilities.

The rise and fall of the stock market directly constrains the rise and fall of the industry. Many Internet companies in the United States are established by the injection of venture capital. The Nasdaq stock market allows such companies to go to surgery before they make their first income. , A huge amount of capital snapped up a few stocks, which greatly drove up the stock price, and a bubble was born from this.

For example, the stock of Alibaba, a company that designs commercial trading software, rose negatively within 6 months, from ten thousand U.S. dollars to one dollar. Now their stock price has dropped by 98% to four U.S. dollars. about. Some website companies simply went bankrupt and dissolved.

During the dot-com bubble period. Many website operators are scrambling to make a lot of money at the beginning, but these companies actually do not have much operating income, no commendable performance, and no profit. They have obtained capital from the stock market and expanded their scale and advertised. At one time, there was a strange theory that the more you lose, the more promising you will be in the future. Of course, this kind of violation of economic laws will not last forever.

This year, due to the sharp drop in the Nasdaq Index, the stock market closed the door to Internet companies. Companies that can stand in the market are semiconductors, computers, storage, infrastructure, security, and business in the industry. E-commerce companies for books and other commodities.

According to the investigation and analysis of the Internet merger company based in San Francisco, the company’s bankruptcy was not due to fierce competition, but because venture investors’ hopes of investing in Internet companies have disappeared, and they suddenly closed the door to startups that desperately need funding. This is the main reason why many Internet companies have closed down one after another.

Amidst the sound of bankruptcy, industry mergers and acquisitions have surged, and established large companies including Microsoft have joined the ranks of acquisitions. They don’t want websites, but acquire their favorite assets that are useful for future network construction, such as digital management tools, security measures for computer virus management, tracking hackers, mobile Internet access, business operation software development, customer relationship management software, etc. Home is very attractive.

In fact, the buyer's report. It also revealed the future use of the Internet. The industry is directly restricted by the stock market, which can be said to be the stock market. Losses are also in the stock market, useful ones survive, and those who are uncomfortable are eliminated.

The most important thing Fan Wuyao needs to do is naturally to buy Internet companies on a large scale. This time he is still aiming at the tradable stocks in the stock market. For him, this part is cheap, free to come and go, and there is no burden. Of course, he is not in a hurry. Anyway, the decline of the Nasdaq Index is just a start. Let the headquarters make a plan first and complete the task step by step. Xiao Yindang's segmentation said that Yindang's advertisement "House" actually made Fan Wubing feel a little distressed, and it was Cisco.

Although Fan Wubing also wanted to release a portion of Cisco’s outstanding shares, and then waited until the stock price fell to repurchase them at a low price, but now it seems that everyone is very interested in this communications equipment manufacturer, only after releasing a small part of the stock, There are more than a dozen strategic acquirers who are ready to move on the market, which makes Fan Wuyi’s subordinates more vigilant and never dare to act lightly anymore.

move.

After Fan Wubing learned about this situation, he was a little helpless. After all, a good company can be seen by anyone. If he really wants to transfer control of Cisco, I believe that many people will rush to break it. Head.

It's the Spring Festival soon, and it will inevitably be busy again.

It's just that Fan Wubing is more concerned about the construction of Huafeng. At present, all the physical industries are basically on the right track. Even if it is a large aircraft project, the intense design and site construction work has already begun at this time. No matter how hard you are, no illness, no matter how hard you are, he always has to go to Huafeng.com when he has nothing to do. See what needs improvement and point them out.

On New Year's Eve, the family returned to the capital.

Seeing what Shen Ying and Xiao Qiang were talking to his mother Zhang Mei together, Fan Wubing discussed with his older brother Fan Kang about buying back shares in the three major portals.

"I've fallen for more than a half now. Is it time to start?" At this time, Fan Kang admired his brother Fan's budget and got home. He didn't expect dozens or hundreds of dollars to make a single shot. Now he will actually fall. Into this tragic situation? "’

And Fan Wubing said to him. "It's not time, don't worry, it's not too late for you to pay attention if it falls below one dollar."

"It's not so bleak, right?" Fan Kang said in a surprised way.

"It's estimated that it will fall to tens of cents!" Fan Wubing said with a curled mouth.

When Fan Kang heard the words, his eyes suddenly shined~lightnovelpub.net~ Damn! If it falls below one dollar, I will buy as many as there are! This is a really cheap bargaining chip! "

Fan Wubing replied with a smile. "No hurry, anyway, it will be difficult for Internet stocks to turn over in two years. You can just take your time. It should be yours, and it won’t run away. It will return to your hands after all.

Fan Kang nodded and said, "I just didn't expect the stock market to fall so tragically. On the contrary, the domestic stock market is so good that people are itchy to watch."

Fan Wubing smiled openly. "What's going on in the domestic market, don't you know? The false fire is too strong, and sooner or later you will follow in the footsteps of the Nasdaq. Moreover, the overall market value is not high and there is no room for speculation. Cause trouble, after all, the voice of the recent crackdown on villains is still very high.

Fan Kang said, "Actually, there is no reason to attack the black house. Everyone is a player. When you enter this casino, you are willing to bet and lose. If you don't want to make money, who can pull you in?

Fan Wubing smiled slightly. Just as he was about to say something, he heard the brakes coming from the courtyard outside. It was obviously his father Fan Heng who had rushed back.