Chapter 904 Bad &Amp; Good

Muye Technology is an absolute wonder in the US Internet market. ←Qi☆Net←

A company that did not take the initiative to conduct business in the United States at all, its products not only naturally became popular in the US market, but the company even affected the stock prices of two Nasdaq-listed companies successively.

The first time was Sina. After Li Mu acquired Hao123 and integrated it into YY123, he blocked Sina links and even the word Sina in YY123 and the entire YY product system. Huge negative, since then, Sina's share price has been falling continuously. After YY went online, Sina's share price has fallen even more horribly. Now it is basically one of the worst stocks on Nasdaq;

This time, Li Mu teamed up again to create a bad news for eBay, which has a market value of more than 16 billion US dollars, so that eBay's stock price fell by 5% at the opening.

For a company with a market value of more than 16 billion US dollars, 5% of the market value is worth more than 800 million US dollars. At the level of market value, this more than 800 million US dollars evaporated all at once.

During Meg Whitman's tenure, eBay's stock price has experienced many large fluctuations, most of which have fallen sharply because of the industry's overall depression factors. It is rarely the case today that eBay's business has fallen sharply because of problems.

In the stock market, #toeBay is a double-edged sword.

As early as in the process of eBay's acquisition of #, the market has already received this news in advance, and this news is also an absolute good news in the eyes of capital and shareholders. #, but the market has already begun to digest this benefit in advance.

Before the market opened today, eBay's share price actually included the part that digested the benefits in advance, and the overall share price was inflated.

This situation can be understood as early consumption in life, just like the company where Lao Wang works announced that the year-end bonus will be given three months of monthly salary as the year-end bonus, which is equivalent to giving Lao Wang a huge piece of good news. In October, by swiping a credit card in advance, I overdrafted my monthly salary for a month and a half to eat, drink and have fun.

But at the end of the year, there is still a week before the year-end bonus is issued. The superior suddenly announced that the company's performance is not good this year, and the year-end bonus may be cancelled, so that everyone should be mentally prepared.

This time, the good news turned bad, and it was a big blow to Pharaoh. If you don't talk about the year-end bonus, it's okay, at least I won't overdraft consumption, but because of the good news first, not only did I not have an overdraft credit card Also, a lot of interest is still owed for a few months.

For eBay investors, the feeling at the moment is the same as that of Pharaoh. The good turns to bad in an instant, and the most direct feedback the market can make is to fall.

The 5% drop at the opening was just a prelude. After the 5% drop at the opening, eBay’s stock price fell steadily all the way. Although the decline was steady and slow, it also brought a lot of panic to investors.

The only thing that is fortunate now is that Makino Technology and # have not announced that they have signed an agreement, and the bad news has not been fully determined. Otherwise, once the news of eBay and #'s missed opportunity is confirmed, the stock price will continue to fall.

Continuing to use Pharaoh as an analogy means that Pharaoh does not know whether the company will cancel the year-end bonus, and he still holds the last glimmer of hope that the company may suddenly announce that the year-end bonus will be distributed as usual.

If the company decides that the year-end bonus will not be issued by the end of the year, then Lao Wang's mood will drop to the bottom in an instant, and his loyalty to the company will be greatly reduced. If he comes back after the new year, Lao Wang will quit his job in anger. , Leaving this pit than the company, the same is true for eBay's investors.

Right now, eBay's stock price is falling, but the sell-off has not yet begun. If Makino Technology and # are successful, eBay's stock will surely usher in a wave of selling.

By that time, the stock price will have another wave of declines.

A simple acquisition #failure is not enough to shake the foundation of eBay, but it is enough to make eBay pay a huge price in market value. In the face of this price, Meg Whitman, the CEO, was the first to be unlucky.

Meg Whitman got up and got the news that eBay stock fell sharply at the opening, and she couldn't sit still. At seven o'clock in Western time, she called all the key people and asked everyone to make sure that they must do so within half an hour. Arrive at the company and hold an emergency meeting to negotiate.

At the same time, Meg Whitman also called Tom Anderson and asked him to meet with Peter Thiel today, make sure to make clear progress, and bring back his resignation letter if he doesn't bring back good news.

Just after getting angry with Tom Anderson, Meg Whitman received a call from the chairman of the board of directors. As the most powerful boss behind eBay, the first sentence on the call was "Meg What the hell is going on with you? Do you know that the media in the entire eastern United States are now reporting that Li Mu will be eBay's formidable enemy, and that eBay will be hit hard by Muye Technology, which is far away in China! Don't forget, that Li Mu still has Taobao and Alipay in his hands, if we lose #, if Li Mu takes out Taobao to compete with eBay in the future, we will be extra passive!"

Although Li Mu knows that Taobao's globalization in the true sense is as difficult as reaching the sky, Americans are still very worried about this, because in their opinion, Li Mu is a magician who keeps creating miracles, and no one knows his next What exactly is magic.

Therefore, eBay's board members couldn't sit still for a while. For them, hearing the news that # and Makino Technology were discussing holding shares was equivalent to hearing that their son's fiancee was going to elope with others.

And the only thing these board members can do is put pressure on Meg Whitman, no matter what, to get her #snatch back.

Meg Whitman was distraught and never thought that she would be named the world's top ten CEOs and the strongest female CEO many times, only to be messed up by a 20-year-old Chinese boy.

No matter how powerful people are, they have weaknesses. Obviously, Li Mu had her seven inches in her hands, but she couldn't threaten Li Mu at any level.

The real check and balance is when you hold a gun against my heart, even if I can't hold a gun against your forehead, at least I have to hold a knife against your cock.

Meg Whitman obviously didn't have this chance. The only thing she can do is to ask China eBay to find a way to add a little threat to Li Mu.

But within ten seconds of this thought, she quickly gave up on her own.

Li Mu is the largest local snake in China's Internet industry. Taobao's current scale is more than dozens of times that of eBay, and he has won the support of the Chinese government and people. , We have no direct conflict. If there is a direct conflict, how can eBay and eBay compete with Taobao in China?

The thought of this made Meg Whitman even more restless.

I rushed to the company in a hurry and convened the core team to continue the meeting. At this time, more than an hour after the opening of the Nasdaq, the stock price fell all the way, from the opening of $50.55 to 50.01.

Americans are far more sensitive to the highest digit than any other nation. Americans sell almost all things for 199 yuan, or a similar routine of 19.99 yuan, just to reduce the highest digit as much as possible to make it easier for consumers to accept, 199.9 Compared with $200, it is easier for users to accept the US dollar, because when users see the highest digit of 1, they instinctively classify it into the 100 yuan level. If you add $0.1 to 200, then consumers When I see this price, I will directly classify it into the 200 yuan stall.

This kind of mentality is exactly the opposite in the stock market. When the stock price falls, every defensive stage of the highest digit will enter a critical point. The price of 50.01 is already at risk for the highest digit of 5. If the 50 mark If it falls and enters the 40th gear, it will touch consumers too much!

...

At this time, it was more than ten o'clock in the evening in Yanjing. Li Mu had dinner with Elon Musk tonight, and then asked the driver to take him back to the hotel, and then returned to his home near Muye Technology.

After returning home, Li Mu did not rest, but turned on his laptop and tracked the U.S. stock market in real time. When he saw that eBay fell 5% at the opening, Li Mu could basically conclude that his plan to invest with eBay this time will be successful. .

For no other reason, eBay will never continue to let bad news impact the stock price and shake investor confidence, so what they need most now is to have good news to impact the negative impact of this bad news. Good news of hundreds of millions of dollars is too difficult, and the best way is to turn negative into positive.

That is to say, what eBay desires most is to be able to see the light of day in the acquisition of #.

Before long, Peter Thiel, who is in Silicon Valley, will have an interview with Tom Anderson, the vice president of eBay. At that time, Peter Thiel will throw out his solution at the right time, and eBay will not refuse it. Not only will he not refuse, but he will be grateful for the rest of his life.

Right now, eBay has two bad news. The first is that it may miss #, and the second is that there is one more powerful and mysterious competitor - Makino Technology, or even Makino Technology + Taobao.com.

If eBay accepts its proposal and controls #, then the negative impact of missing # can be completely recovered;

Moreover, after eBay accepted its own advice, Muye Technology and Taobao.com are no longer its competitors. Instead, they have changed from enemies to friends and become partners of the same camp, which is another bad news.

The two big negatives have all turned into big positives, and eBay's stock price will surely pull out a beautiful V-shaped rebound.

Thinking of this, Li Mu suddenly felt that it would be a huge loss if he didn't take the opportunity to buy hundreds of millions of his eBay shares.

But on second thought, the stock market simply doesn't have that big of a hole to drill.

In the U.S. stock market, the stocks in circulation are all in the hands of brokers and investors, and the U.S. stock market is different from that in China. Most investors follow a medium-to-long-term investment strategy. At this time, if they want to buy eBay’s stock, it depends on how much circulating in the market at that time. Shares are available for purchase. Once someone inhales a large sum of money, it may cause more people to follow up or reluctant to sell it. If it is not good, it will be able to pick up hundreds of thousands of shares.

If you earn a few dollars per share, that is a profit margin of several million dollars, and if you are in Huaxia, it is impossible to buy U.S. stocks immediately. After you have tossed out the procedures and foreign exchange, the market may have passed.

So Li Mu gave up the plan to copy eBay stock by hand, thinking that Wei Lan's parents were in the United States, and she could let her parents follow the inside information to make a small profit, so he took out his mobile phone and called Wei Lan...