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Chapter 696

Edward Miller officially took office at Wang'an Computer Company, and it soon took a month to complete.

As the days passed quietly, Wang'an Computer Company's relevant reports for the third quarter of 1987, as well as information and data suitable for public disclosure, were also hurriedly disclosed.

To be honest, this wave of disclosure data is not entirely fake, there are also real benefits.

For example, in addition to the data disclosure from formal channels, Edward Miller himself also accepted media interviews that were mostly rejected;

It depicts the chaos of Wang An's computer under Wang Lie before he came, and then highlights the order after he came, the management is simple and the cost is refreshing.

In listed companies, such operations are not surprising. Generally, every CEO is packaged as wise and powerful when she first takes office. Once she gets out of office, she will be punished by her ex. Otherwise, how can she let investors see the contrast and boost confidence?

(The only exception at Wang'an Computer Company was when Wang Lie took over his father Wang An's family. After all, as his son took over, he couldn't hack his own father. Moreover, Wang Lie really couldn't do it.

His publicity when he took office was instead desperately emphasizing that he had the "father's style" and could completely imitate and inherit his father's skills and strategies. He even used the analogy between the founder of ibm company Thomas Watson and the young Thomas Watson, who later allowed ibm to carry forward.)

After such a wave of operations, Wang'an Computer Company's stock price finally came out of a continuous downturn and rebounded slightly, and the effect was immediate.

At its original historical low, the market value of the 45% pledged shares of Wang'an Company in Citibank was as low as US$370 million. Now it has climbed back to the hurdle of at least US$400 million, fluctuating and hovering between 400 million and 450 million.

However, in this process, Edward Miller also noticed that there seemed to be one or two major shareholders of retail investors who were crazy about building positions to absorb funds, but the final holdings of each company after buying did not reach 5%, so it was relatively hidden and would not trigger a privatization warning.

Moreover, those buyers did not seem to start taking action after he began to reorganize vigorously, but before he reorganized, the fund-absorbing process had already begun.

With his own experience, Miller felt that Gu Ao's agent must be behind this. Maybe Gu Ao would blatantly absorb funds to 4% of the money first, and then find a white glove and operate it in the same way.

Originally, the equity ratio of Wang'an Computer Company was about the shareholding ratio of Wang'an and his sons drove away Kaninghan, and they held more than 65%. Now 45% of them were pledged to Citibank, which is equivalent to 45% of Citi, and 20% of the Wang's father and son were slightly above.

Then there is 35% of the shares, 15% of which are restricted shares held by Wang'an Computer's various non-circulating investors and internal executives. The last 20% are the circulating shares in the Nasdaq market.

Of course, there are several points in these 20% of the outstanding shares that are held by major shareholders and executives, but this part can be traded freely, which is equivalent to those equity shares that have been lifted from large and small non-bans in the Chinese stock market.

There are only fifteen or sixteen points of outstanding shares held by retail investors and institutions in the secondary market.

Therefore, if Gu Ao and his agents build a total of 8% to 9%, it will be very considerable, which is equivalent to having already recovered 60% of the outstanding shares in the hands of real retail investors and institutions on the market.

After doing these operations, Gu Ao actually spent less than 150 million US dollars in cash.

Edward Miller didn't really want to see this result, but he also needed to boost the stock price and could only accept the status quo in contradiction.

After all, Gu Ao's move within the past or two months is to "take the flying knife" in Wall Street terms.

There is a very simple admonition on Wall Street, that is, "Don't take the flying knife." When a company's stock price plummets, don't think that slashing it in half or halves will be considered as falling to the top.

When the flock is panicking, slashing and slashing will only make everyone even more panic, and then it will fall by 90%, or even 95%.

Those who dare to "take the flying knife" must be aware of the stock trading and become the major shareholder. For example, in history, Buffett took the flying knife in the cases of some newspaper companies.

But they entered the market with huge amounts of funds, and even thought about how to rectify this company after becoming the largest shareholder.

If you do not have the ability to guide a company to run well, there are almost no big shots on Wall Street who dare to take the flying knife. (Little ones retail investors dare to do so because they have little money and are brave enough to die if they die)

Because of the rare occurrence of receiving a flying knife, Miller needs someone who is brave enough to receive a flying knife. As for the consequences of receiving a flying knife, he can only put it aside first, and then calculate slowly after passing this hurdle.

...

However, the favorable state does not seem to be long-lasting.

According to the report, only a week after the market improved, some disharmonious voices emerged.

Early that morning, Edward Miller came to the headquarters of Wang'an Computer Company in San Francisco with great enthusiasm, preparing to deal with the rumors from all parties.

However, he saw his female secretary and was already waiting at the office door in advance.

Edward Miller is an old-school financial CEO and doesn't know much about new technologies. Sometimes, in order to prevent being reminded of his shortcomings, he even deliberately subconsciously rejects new things.

Therefore, although wireless phones, that is, mobile phones, have been commercially used in the US market for three years, they still have no habit of using mobile phones. At best, they can only use mobile phones in car, because the thing has a little longer history and has been around for seven or eight years.

In fact, if you think about it from the perspective of others, this is quite normal. Just like in history, China introduced its big brothers in 1987, but even in the early 1990s, many old-fashioned super rich bosses did not use mobile phones. It was not that they couldn't afford it, but that they felt that it was not solemn to call with a bulky cell phone in person.

Therefore, when Edward Miller encounters many emergencies, it always takes several hours to be notified. Fortunately, it is still in the 1980s and is not the era of information, so this delay is completely acceptable in the business world.

"President, the situation seems to be a little bad." The female secretary took out some copywriting as soon as she met and placed it on Miller's desk.

"This is today's Wall Street Journal. The retail channels may not have been distributed yet. They were sent by friends from channel dealers through the intermediate links. Several patent business agency firms and headhunting companies that cooperate with us have all been exposed to scandals."

Miller frowned, pulled it over, looked carefully, and then couldn't help but feel secretly shocked, feeling more and more that he had fallen into a conspiracy.

Of course he knew that the content disclosed in these articles was true.

Those firms that provide patent services to Wang'an Computer were all newly signed partners after the reorganization agreement was implemented.

When the Wang family and his son were managing the company, they cooperated with another firm.

Therefore, as long as these new firms have scandals and are related to Wang An’s company, they will definitely be blamed on Edward Miller, who is personally distrustful.

It is difficult to get rid of the blame if you want to get rid of it. At best, you can get rid of it as the legal director who brought it to the airborne with him, but that at least it would be equivalent to cutting off one's own arm.

Of course, it is impossible for a CEO to be airborne. When Edward Miller took office, he also brought a fake man from Malay.

Miller couldn't help but look at the content more and more seriously.

"The risk of fraud in the field of smart property rights assessment: It is reported that recently, San Francisco Desmond Law Firm is suspected of using indirect control of business relationships and acting as a commission from both parties to several infringement cases and invalidation declaration cases in California's specialized courts for smart property rights..."

"There are obvious cases of invalid declarations in some cases involved, that is, the requesting party for invalid declarations is released. Because in almost a month, after the same case was filed by other plaintiffs, the relevant departments reached a completely opposite conclusion. In addition, relevant professionals analyzed that the several cases involving Desmond firms actively admitted defeat can win the invalid declaration as long as they persist a little."

"This self-directed and self-acted behavior is very likely to be a purpose of high-valued smart property rights databases of patent holding units involved in the case, so as to seek greater benefits in the financial market..."

The disclosure in the Wall Street Journal seems a bit obscure and difficult to understand.

But if you translate it in human terms, it is roughly what Miller had previously called, "How beautiful is the newly bought beauty is the public doesn't know, so we fought with each other, directed and acted on it and was violated, and was defended again, and it was a drama of successful rights protection." The enemy saw through the idea that the enemy had discovered.

The enemy also brought other lawsuits along with it, such as the case where Wang An's law firm deliberately made the other party retreat. They found another person who forced the car to commit suicide and refused to retreat without knowing the difficulty...

This is divided into "invalid declaration of collision", which also includes "infringement of collision". There are various similarities in operation methods. If you really want to explain clearly, at least how many chapters can you do.

(Considering that about 20% to 30% of the readers of this book have read "Spray God", if I write it too carefully, I am a little sorry for these old readers, which will make them spend more money. So, I won't go into details. If new readers who are interested in the evil and deceitfulness of various intelligent property rights lawyer circles, go to "Spray God" to read the relevant chapters, which are my real industry experience in patent agency for several years. Of course, I believe that most readers are not interested in legal tricks.)

In short, although Gu Ao did not become a "sprayer" in this life, he at least had some knowledge of the various tricks of "overestimating the technology market value" in the IT technology industry.

Therefore, as long as he provides strategic vision and asks professionals to help implement it, he can cheat those invited by Miller. He thinks that his method is still very novel now and will not be seen through by his peers, or even if he sees through it, he will not be willing to expose it. He wants to share the spoils together for a few more years.
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