Chapter 970 It's Not My Fault

Intel and AMD are suspected of singing oboe. It is impossible for William White not to know this.

However, is AMD really willing to be the second child of the millennium?

not necessarily!

If the situation is reversed, they don't mind counterattacking.

In any case, the pattern of the IT industry has begun to change

What? AMD also refused.

Oh, you think Motorola is really powerless. Just kidding, the eight-bit and sixteen-bit processors are very enjoyable to sell. If it is purely about profit, it is really hard to say who is stronger.

"President, there are rumors that Intel's CPUs have design flaws, which is why Legendary World completely abandoned them."

"Baga, can it be said that we, Suomi, rely on rumors to formulate strategies. Do you know that we are the world's top 500, not just cats or dogs."

"President, please calm down. Our technicians analyzed that the problem may be in the MMX instruction set. However, there is another possibility that cannot be ruled out."

"Baga, what is it, don't hesitate."

"Yes, I see, excuse me. The Y2K problem. As the new millennium approaches, no one company, except Oracle, has a complete solution."

"Tsk, this is really true. It won't work like this."

At the same time, Little Paradise was also caught in a tangle. However, they are different from Suomi. Suomi pursues performance excellence, while Little Paradise cares more about game content.

As of today, their original choice can only be said to be a failure. It is the games on the PS platform that bring profits to the company. Honestly, without these games, they would almost be dead.

No one understood why the old president would do this. The conditions given by the legendary world can only be described as generous.

For your own dream, the whole company will be passive. To be honest, if it weren't for the strict hierarchy, the old guy would have been thrown eggs.

After a few days, the securities market was the first to react.

"You should be satisfied, old chap!"

Looking at the malicious old hooligan opposite, Greenspan didn't care. He has always firmly believed that the so-called Internet economy is not sustainable at all.

"Warren, are you kidding? This wave of decline is simply man-made."

"Ahem, ahem, don't talk nonsense, beware of being sued for slander."

"Hmph, a bunch of greedy bastards. By the way, why is the White Fund so honest?"

Listening to the old guy's irresponsible complaints, Buffett rolled his eyes wildly. That is to say, I am more kind. If this word reaches the ears of William White, it may cause another disturbance. Boy, are you planning to become a professor?

"Alan, there is one point. I must correct your opinion. I have carefully studied every transaction of William White. Don't believe me, the trading seats of the White Fund are the cleanest on Wall Street."

When Greenspan stayed, he would not doubt Buffett, because there was no need. He and William White definitely don't have much intersection.

"Well, it looks like I underestimated him." The chat basically couldn't go on any longer.

underestimate?

Do you know what a painful word this is.

To be precise, the trajectory of William White's wealth. If you catch a random person on the street, you may be able to tell something.

He is not so much a financier as an entrepreneur and investor. The funniest thing is that his way of investing in stocks is very close to Buffett's.

There is no short-term hype. The so-called investment is all long-term and ultra-long-term. Not to mention other things, it is a Coca-Cola company, which he has held for at least five years.

Anyway, the China Securities Regulatory Commission can't find trouble. Just keep buying, what else can you say, what else do you dare to say?

"Mr. White, Mr. White, there is a source claiming that you have led the short-selling market this time?"

"Cough, cough, cough, boy, you are from the Wall Street Journal, I have the impression, don't talk nonsense, be careful, I will sue you for defamation."

Seeing this guy's relaxed expression, the reporter was relieved and excited at the same time. From the looks of it, this guy is in a good mood today.

"Mr. White, isn't it?"

"Of course not, let me clarify, Intel is a great company. Their products are cool, but unfortunately, you know, game consoles can't be sold too expensive.

Their products are good, but the price is a bit expensive. Selling game consoles is a small business. If I lose money, I will drink the northwest wind.

As you know, my recent investments have not been very reliable. The cost of the movie was not well controlled.

Well, I can't accept any losses, that's the only reason Intel and I ended the negotiations. AMD's chip, the price is slightly lower. "

A group of idiots are shorting, and William White will not endorse it. Bad luck for Intel, he was very happy. But that's not why you're targeting me.

In the semiconductor industry, the growth rate in the early stage is also high. Taking advantage of this opportunity, you can just adjust your holdings. The whole Wall Street is contributing to the flames, but unfortunately, he, William White, will not follow them.

Of course, it’s okay not to add insult to injury, but if you want him to side with you, you’d better save some effort. His attitude is very clear, he wants to find the blame man, and his buddies will not wait for him.

William White has explained it. As for how you understand it, sorry, I am not used to explaining. Anyway, Intel is too expensive, I'm not going to buy it, it's that simple.

It needs to be said here that in the United States, capitalists are the masters. At the corporate level, shareholders are the ones who make the decisions.

What is the role of corporate earnings?

Dividends?

Perhaps, this cannot be ruled out. The most important thing is to support the rise of stock prices. As I said before, most of the shareholders' stocks are mortgaged to the bank. If the stock price continues to fall, the founder is useless, and you will still be kicked out.

In just two trading days, the stock price has shrunk by 13%.

What? Not much, I thought of PetroChina in my hand back then. All the so-called crashes are just floating clouds.

The United States is different. Although there is no price limit, the number of stocks with a daily price drop of more than 10% is extremely limited.

There is no big change, 15% is already very powerful.

If there is another fifteen percent?

No matter who it is, the board of directors will drive them away. These are their roots, and it is impossible for others to spoil them.

In the capital market, capital has the final say. At this time, talking about tacit understanding is nonsense. What's the matter with the CEO, you're just a manager we picked out.

If you manage well, you will continue to be the boss. It's not good, I'm sorry, let's go home and play.

"This bastard, I can't see it at all. Where is Intel's greatness?"

"Andy, calm down, at least, the decline has narrowed. When it comes to the right to speak, we are indeed inferior."

"Hey, so it seems that the group of crocodiles are doing something again?" Andy Grove's words are nonsense from any angle.

Wall Street is not afraid of your rise, let alone your fall. What they are most worried about is the kind of light transactions.

No fluctuations, no transactions, no matter how powerful you are, you can't do anything. This is very good now, washing away those floating chips will save a lot of effort in the future.

Don't be surprised, the big companies in the United States are basically Zhuanggu. Just like this turmoil, those who suffered losses and left the market were basically retail investors. Most of the so-called institutional investors chose to short.