Chapter 380

Over the past week, U.S. stocks have shrunk by $2.6 trillion, and countless people have lost everything. Seeing that the situation of the stock market is getting worse and worse, the US government has to rescue the market, otherwise, the stock market will collapse. After the end of this week, the U.S. government injected a lot of money into the stock market to enhance the confidence of shareholders. However, after the market reopened on September 17, panic selling was still unavoidable, and the major stock indexes kept falling until the lowest point in three years.

But the Internet company's slump, is lets the human be stunned.

A week later, Cisco's market value dropped from more than 500 billion US dollars to 310 billion US dollars, and it just evaporated 190 billion US dollars!

ICQ company's market value dropped from 350 billion US dollars to 160 billion US dollars, and evaporated 190 billion US dollars!

Isearch's market value has dropped from 280 billion US dollars to 120 billion US dollars, evaporating 160 billion US dollars!

……

There are only a few Internet companies with more than 100 billion dollars. "The collapse of the stock market can be seen as the collapse of the Internet bubble," said senior analyst at Wall Street. The market value of other companies is also falling, but it is not so fierce! "

Experts said: "since 1992, the Internet has been booming, and global capital has been optimistic about Internet Co, and invested huge sums of money into it. Under the impetus of capital power, the Internet bubble has formed. Previously, the Internet bubble was not broken because everyone did not want the stock to fall. But this time, the 911 incident caused the stock market to plummet, and the Internet bubble was no longer able to hold on. Finally, it broke out like an avalanche. Stocks of Cisco, ICQ, Isearch and other companies have plummeted. In this week, nearly two-thirds of the wealth evaporated from the US stock market belongs to Internet companies! "

At this time, the Internet stock plummeted at the same time, people suddenly sounded, a few months ago, Henry Williams suddenly cashed out a lot of money, this is not a sign? Did Henry Williams realize that the Internet bubble will burst?!!

For a moment, countless reporters flocked to Williams manor. Soon hundreds of reporters gathered outside the manor.

Henry knew that this issue had to be interviewed, otherwise, there would be more speculation in people's minds, even suspecting that Henry had something to do with 9 / 11. Of course, no one has yet linked 9 / 11 to Henry. So Henry, wearing a mask, was interviewed.

Henry asked reporters to enter the manor. The reporters were surprised and took photos along the way with cameras.

Ten minutes later, the driver took them to a large gymnasium.

After the invited reporters arrived and were ready, Henry went on stage for an interview.

Henry said briefly at first: "after the September 11 incident, the investors panicked and sold their shares one after another, which led to a sharp drop in the stock market, especially in the Internet companies! This press conference is held today because everyone knows I started to cash in from May. Do I know that the Internet bubble will burst? My answer is - yes, I know! "

As soon as the voice fell, there was an uproar and a lot of discussion.

"Be quiet!" Henry shouted through the microphone. He said, "in fact, the Internet bubble is very obvious. Many people can see that they are still lucky enough to think that the stock will go up. I have been engaged in the Internet industry for more than ten years. It can be said that no one knows the Internet better than me. From the establishment of Cisco to Nicholas group, and now, every step, I have a deeper understanding of the Internet! Since last year, I have felt that the Internet bubble may burst at any moment. Actually, I'm also greedy, and I think stocks will go up. Before I was hit by the bomb, I had this kind of fluke mentality all the time. "

After a pause, Henry said: "but when I come back from hell, my whole life values have changed a little. Human life is so fragile and short. We should cherish the present and every moment. You don't have to earn much money, just enough. The key is to be happy. And greed is never enough. So, I decided to cash out the funds! "

make love!

ABC reporter asked, "excuse me, Mr. Williams, when do you think the slump of Internet concept stocks will end?"

Henry shook his head and said, "I don't know that."

CNN reporter asked: "Mr. Williams, what do you think the normal market value of Internet companies will be?"

"Well, it mainly depends on the development of the company. I think it's normal to have a market value of US $120 billion or tens of billions or billions of US dollars."

"Mr. Williams, according to the current situation, the Internet companies under your name are still plummeting. I'm afraid that even Isearch may fall below the market value of 100 billion US dollars next week!"

Henry nodded. "Yes, after the bubble is gone, there will be a long recovery time."

……

The reporter's interview lasted nearly an hour.

Henry made up a lie, saying that he had experienced life and death, had a thorough understanding, so he decided to cash out of the stock market, which seems to have some credibility. What's more, for the Internet bubble, numerous senior analysts say they all know that the Internet is bubble, but they don't know when it will burst. ICQ's annual profit is less than $5 billion, but its market value is as high as $350 billion, which is very abnormal. Few Internet companies can make profits. Most Internet companies are losing money, but the market value of some companies is as high as billions or even tens of billions of dollars. Is this unreasonable? There are indications that the Internet bubble has been very serious. People who are not greedy will naturally cash out early, so as not to be worried all day.

The news of Henry's interview soon appeared in the newspaper. People can only admire Henry's eyes once again.

What else can people do besides envy and hate? Who wants people to have a good eye and cash out early? However, the media later said, in fact, Henry is the biggest loss in the stock market crash! He holds 50.1% of the shares of most companies, the stock plummeted, his value dropped, and almost evaporated $500 billion. And over time, even more than 500 billion!

In this way, the investors feel a little better, their loss is less than a drop in the bucket of Henry Williams.

Henry now has nothing to do every day, so he focuses on the stock market.

Drop it, continue to fall, fall the more miserable the better, so it's good to buy ah!!!

Last time AOL bought global online, Henry didn't care much about portal websites, but twitter was also sold. This time, Henry will buy it back, and still use the "cabbage price" to buy it back. Twitter's potential didn't come out before the smartphone was developed. Twitter in the hands of AOL, it's a waste!

This time, the Internet bubble broke out and American online was miserable. He had always been in the second place, earning little money, but the booth was very large. As everyone knows, Internet Co mainly made money by advertising. After the Internet bubble burst, advertising prices almost turned into "cabbage prices", and many Internet Co went bankrupt. AOL is sure to suffer a huge loss and will face financial crisis!

With $400 billion in hand, Henry's self-confidence is bursting!!!