Chapter 882 The Great Bull Market Is Coming

Neither Jim Clark nor Wall Street are idiots who would just watch the stock price plummet after the lifting of the ban. They have taken a lot of targeted preventive measures in advance, such as talking with Song Ya, a humble but very influential minority shareholder in the media. Supplement the new agreement. If you want to sell, Song Ya can only sell the stocks in time and in batches. According to regulations, most of them must find institutional buyers in the primary market, so as not to bring too much volatility and panic to the secondary market.

They probably also designed a series of good news to be released in 1996 to stabilize the confidence of stock holders, but the details are not clear.

On January 31st, Netscape really announced that they spent 161 million to acquire Insoft’s Internet audio-visual standards. A piece of good news.

Of course not necessarily, everyone who plays stocks knows that the skyrocketing stocks in a big bull market often only need an opportunity, which basically has nothing to do with the company's specific operating conditions. Increased profits? rise! Lower profits? That is a necessary investment to expand the market share, the long-term is optimistic, and it will rise! The company sues? rise! defendant? It means that it poses a threat to competitors, so continue to rise! Major shareholders repurchase shares? Are you so confident in your company? Of course it will go up! sell stock? Why don't you take the opportunity to snap up? Also up! Executive marriage? Represents a good expectation of the individual's future income level, up! divorce? Hehe, the company is in good condition. The manager even dared to change his wife, and the price went up too!

The big bear market is almost the same, except that the rise has turned into a fall, and all interpretations have been negative.

After entering 1996, the U.S. stock market has entered a grand bull market mood, which everyone loves to hear, especially the ruling commander. There must be no economic problems this year, because it is a general election year.

Also on February 1st, the Grand Commander officially signed the Telecommunications Act. This is the biggest reform of the telecommunications industry since 1934. However, it is still difficult to predict what the consequences will be.

However, the sharp rise in the stock prices of listed companies in related industries and industrial mergers are absolutely unavoidable in the early stages of the passage of the bill. In fact, for large companies that are keen to promote the bill, there are hidden dangers in the opportunities. They are the industry leaders. To maintain market share, you must join the arms race that you are chasing after each other. On the contrary, you may fall behind because of aggressive advancement or management level that cannot keep up.

But no one expected that the first M&A shot would be a fringe company in the outdoor advertising and broadcasting industry: Clear Media. After breaking free from the shackles, they frantically launched quotations to the owners of various small and medium-sized radio stations across the country, claiming to create a super broadcasting alliance in this declining industry to improve market share, industry efficiency, and advertising placement. bargaining power.

Song Ya also received it, and Clear Media offered only 17 million knives for a little more than 30% of the shares in the inner city broadcasting company in his hand, which was about half of what he invested in the beginning.

"Clear Media told me that if you miss this opportunity, you will miss it forever.

They don't have the energy for more nuanced negotiations. "

Of course Song Ya was unwilling, and complained while playing with O'Grady in the squash court of the University of Chicago: "Of course I don't sell it, but Mr. Dinkins quietly revealed that other shareholders of Inner City Broadcasting Company also received offers from Clear Media .”

"Business is business. Don't be so defensive when you first contact APLUS. Clear Media's goal is very clear. It is to expand the influence of their advertising alliances and increase the stock price by taking advantage of investors' optimism about mergers and acquisitions in the telecommunications industry. The company's media stance is not of any interest at all, which is definitely a great thing for you and the Inner City Broadcasting Company, if the two of you can negotiate a good cooperation terms..."

O'Grady is his old golf friend. The two met for the first time in the non-professional group of the Windy City Championship in Chicago. Are you anxious about not being optimistic about the inner city broadcasting company? After the telecommunications bill was passed, finally a company started to be interested and quoted, and it was the first time, isn’t it a good sign?”

"Um."

Song Ya also agreed with him, "But if I don't sell, they may launch a board power struggle against me in order to get the exclusive advertising agency rights of the inner city broadcasting company, if they collect enough other shareholders' shares."

"What are you going to do about it?"

O'Grady asked: "Actually, this is nothing. You have a basis for mutually beneficial cooperation."

"I do not know I do not know……"

Song Ya murmured to himself that he has spent a total of more than 50 million dollars in the media industry, which is far behind his rate of return in other industries. No, there is no possibility of positive returns in terms of money at all.

In other respects, he can only know the joys and sorrows.

Political and media influence? It has greatly expanded, but it has also been implicated and established a new enemy. Judging from Jesse Helms's reaction after he put A+CN in a cage, Gordon was chased by a black man and was arrested by the local police in Charlotte. As a result of the shooting attack.

But now leave the game? He can't bear to...

"Yes, there is no rush."

O'Grady didn't come to play with him for this matter, "Uh, well, Apple's stock fell below $1 again, do you want to make up for it?"

"Fxxk!" Song Ya hit a heavy ball after swearing, "Apple is a shame to technology companies when such a big bull market plummets against the market!"

"Hey..." O'Grady didn't catch it. He picked up the ball with a smirk. There was nothing he could do. It was he who suggested the last large-scale margin call to lower the average price to $1.30. "Repay it?"

"No! No money!"

Song Ya really has no money now. Sony Columbia Records has settled last year's record revenue for Mariah Carey at the end of January. For their own A+ record, Stringer and John Carley, who are newly in charge, both use the excuse that they can't complete the payment for the time being. Delayed.

This is not a good sign. The possibility that Sony Columbia Records, Motura, Jesse Helms, and Dan Burton teamed up to launch a raid at the Congressional hearing last time has not been ruled out. The firm intervened, and if they didn't pay in full in February, they were going to follow the old operation of the year and enter the legal process to recover.

And this month, the Netscape stock price transaction agreed with the tycoon Picower was before the new acquisition of Netscape in the middle of the year. Song Ya was also very unhappy with O'Grady in this matter. There is no doubt about the bull market this year. Microsoft's IE2. 0 is not enough to fight, and Netscape's stock will obviously rise.

But how could it be expected before completing the agreement with Picower? Moreover, Sony Columbia Records does not settle, and Song Ya does lack liquidity. sell stock? No, most of the stocks of technology companies he owns are skyrocketing, otherwise why would he call Apple a shame for technology companies.

"I would like to take the time to take the initiative to visit Mr. Picower."

These two transactions made O'Grady quite embarrassed. "You know, their kind of old-fashioned rich people are very particular about long-term friendship with business partners. Maybe I can persuade him to change the transaction date to late February?"

"Can you do it?"

That would be the best, if it wasn't for Gordon finally working hard once, and before the 10 million promotion funds were in place, he set aside the cost of maintaining operations for A+CN and didn't reach out again, Song Ya would really be in trouble. Divorce will cause him to lose a large amount of real estate that can be mortgaged. A+CN can't borrow much money on his own. This year he has to reserve the cost of hiring a fantasy lawyer team. Although the possibility is not high, it is related to prison. , just to be on the safe side, you must not wait until the impending emergency. I heard that Simpson paid a large amount of extra interest just to raise money urgently.

"Should be able to, you'd better go with me too? He is a very low-key but willing to cooperate rich man." O'Grady promised to make up for his mistakes.

"All right."

After the two played, Song Ya called Alicia before taking a shower, "I'll go to your law firm and talk about A+CN?"

"Okay, um..." There was a voice flipping the paper over there, "I won't have time until seven o'clock, if you don't think it's too late."

"OK." Hehe, "By the way, do you know how Gordon got the rent for the new studio?"

"Fee? No, A+CN does not have this expense. Gordon borrowed Harp Entertainment's studio time in Chicago for A+CN through his personal relationship."

"Happ Entertainment? Is that Oprah's company?" Song Ya frowned.

"Strictly speaking, she is not a major shareholder, but it can also be said that she has absolute control over the specific operations of that company."

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