Chapter 433

In fact, Simon is not too worried about the outside world.

Even if the huge amount of original capital accumulated through the financial market for several consecutive times, the operation is also within the scope of the rules.

As for Simon's biggest secret, he never revealed it to anyone close to him. You want to figure that out unless someone can get into his head.

Obviously no one can do that.

Therefore, if we have to find an explanation for Simon's extraordinary performances over the years, we can only use his natural talent to describe them.

Simon is really "gifted.".

However, although there is no control over the threat, Simon absolutely does not want to be monitored. No one should want to.

Quietly arranged to find the things around the monitor, the time also entered September 1991.

After the meeting with Al Gore, the westrow system began to use resources to promote the information superhighway act.

It's not just political lobbying in private. In order to build momentum for Cisco's listing on September 6, driven by the westero system, there are more and more discussions about the Internet in various media channels in North America.

On September 1, the New York Times published a special article called "the coming Internet Age". The front page headline was signed by Simon himself. Later, the article was reprinted by mainstream newspapers and igritte portal on the East and west coasts of the United States.

Simon did write the article himself, but that's not entirely true.

Last year, Simon collated a memorandum about all aspects of the Internet industry and its future prospects to executives of several companies, including igritte. The dozens of pages of memorandum roughly discussed the core concepts of the Internet era in Simon's memory, such as portal website, e-commerce, big data, cloud computing, etc.

This article only extracts a part of the original memorandum about "Outlook".

Simon has received few interviews since his rise, let alone published a signed article in the newspaper. The article first published in the New York Times has aroused a very strong concern and discussion.

Although some media criticized Simon's article that the Internet industry's output value will reach trillions of dollars in the next decade, it is a kind of grandstanding with ulterior motives. However, the most direct response of this article is that in the new week of September 2, all technology stocks related to the Internet industry in the U.S. stock market rose sharply.

Cisco IPO roadshow also because Simon's signature article, the number of stock subscription soared.

By the end of the roadshow, the number of Cisco shares has reached 530 million, more than 13 times the number of 40 million new shares issued, or even twice the total share capital of Cisco.

Unlike Sam Walton, John Kruger and Warren Buffett, who have accumulated wealth for decades, Simon's personal asset accumulation speed can only be described as a miracle.

Moreover, Simon's article is definitely not aimless.

Over the past year, too many signs have shown that an emerging industry is rising rapidly.

Because the world's largest PC market is in a recession, the industry originally predicted that PC shipments in 1991 would stagnate, with 20 million pcs in 1990.

However, the fact is that by the end of August, the global PC shipment has actually reached 15 million units, and it is expected to reach 23 million units for the whole year, an increase of 15% compared with 1990.

According to the results of institutional research, a large part of this is because consumers buy or replace PCs for Internet surfing.

Before that, because personal computers are more inclined to work and lack entertainment properties, as long as the PC is not completely scrapped, few people will consider replacing the machine.

In addition, the increase of Internet users in North America is obvious to all.

As of the end of August, the number of Internet users accessing the world wide web platform in North America has exceeded 8 million, with an increase of nearly one million users per month. Throughout 1991, this data is even expected to hit 13 million. Among them, AOL, the largest Internet service provider in North America, is expected to have 6.5 million to 7 million users per year after readjustment.

In terms of the content of the world wide web platform, in addition to the igritte portal, according to the statistics of igritte, as of the end of August, the number of Internet sites accessing the world wide web platform officially exceeded 20000.

This number can not be compared with hundreds of millions of Internet sites many years later. Many of them are just personal sites with some simple web pages. However, just in the past August, the number of Internet sites accessing the world wide web has increased by 1800 in a single month, which is the key.

The growth rate is 9% in a single month, and it continues to accelerate. This speed of expansion once again shows the super high growth of the Internet industry.

Finally, the continuous growth of igrit's revenue figures in advertising, software sales, space leasing and other aspects also shows the profitable side of the Internet industry to the outside world.Therefore, Simon's signature article is more like a catalyst, which completely ignites the explosive trend of the whole industry when all the preconditions are mature.

After several adjustments, Cisco's IPO price was finally confirmed as $18, with a total IPO volume of 40 million shares and a total financing amount of $720 million.

Simon eventually made a slight concession to the $17 - $19 range he submitted to the sec.

However, for an enterprise with an annual revenue of only US $1 billion, with a valuation of nearly US $5 billion and a one-time financing of US $720 million, if successful, it is absolutely a pioneering undertaking.

In fact, the listing of corporate stocks is only the last step of IPO. Before that, the success or failure of IPO has been settled. Compared with 13 times the number of 40 million new shares issued, oversubscription obviously represents a complete success of this IPO.

Many investors are actually gambling.

It's a bet that Simon westrow will do the same thing as he did in previous years.

You know, Simon's series of bets have made him a lot of money just in the investment of science and technology.

The most typical is undoubtedly Microsoft.

Affected by the continuous hot sale of Windows operating system, the market value of Microsoft had reached 12.6 billion US dollars at the close of the day before Cisco was officially listed.

Westero's 20.3% stake in Microsoft increased to $2.55 billion.

Intel, whose alliance with Microsoft is becoming more and more obvious, has been affected by the continuous growth of PC industry and people's increasing demand for high-performance personal computers, and its stock price has also increased very rapidly this year. At the close of the day before Cisco's listing, Intel's share price increased by more than 35% compared with the same period last year, with a market value of US $10.7 billion, officially becoming a giant with a market value of 10 billion.

Westero, which owns 15.6% of Intel, is the largest shareholder of this high-tech company that has become a public holding company.

Intel's market value reached $10.7 billion, and westero's stake increased to $1.67 billion.

Just the investment in Microsoft and Intel has far exceeded Simon's return from the 1987 stock market crash. The growth rate of Oracle, sun, situ and other companies held by westero company in this year is also very considerable.

With the listing of AOL and Cisco, the proportion of westrow system in the new technology industry has reached a level comparable to that of the media and entertainment industry.

Cisco listed on the market, Simon naturally can not be absent.

Arriving in New York one day ahead of schedule, Simon stayed in his apartment on Manhattan's fifth avenue that night. Just after 7 a.m. on September 6, Simon rushed to the NASDAQ Exchange in midtown.

Because of the recent series of operations around Cisco's IPO, the bell ringing ceremony is more lively than AOL in July. Even Amy Pascal, Robert egger and other executives of danielis entertainment all attended the ceremony. In addition to the strong support lineup from Hollywood, the Cisco team also invited a large number of politicians and celebrities.

After taking photos and chatting with the guests, Simon was quickly introduced into the interview hall of the NASDAQ Exchange.

This battle is almost the same as it was two months ago.

Although Simon had already answered many questions when AOL was listed last time, the media's curiosity about him was obviously not satisfied in the last ten minutes.

"Simon, Cisco's IPO has been basically successful. However, the $5 billion valuation still seems crazy to me. How did you make up your mind? "

"Because I believe that Cisco has such market potential, just as I invested in companies like Microsoft and Intel. This is a very obvious industry trend. The capacity of the emerging Internet industry in the infrastructure market should be the same as the output value of the traditional telecom equipment market. Cisco's development is just beginning. "

"The market value of traditional telecom equipment manufacturers, such as Motorola, is about 10 billion US dollars. Simon, do you believe Cisco can surpass Motorola? "

"I've sold Motorola shares."

“……”

Some of the answers are wrong.

In the interview hall of the NASDAQ Exchange, a group of reporters heard Simon's answer. First they were stunned, then someone laughed.

Simon westero's entanglement with Motorola has been mentioned in recent years.

Robert Galvin, Motorola's last chairman, still criticizes the young tycoon's actions in the media.

A lot of technology stocks are up recently.

However, at this time, some reporters thought that, because of Simon's words at this time, Motorola's stock may fall again after today's opening.

Although Motorola has developed rapidly in recent years. But this is a company that Simon westero doesn't like."So, Simon, what do you think Cisco's market potential should be?"

"It depends on how long after you say it."

"Five years?"

In 1996, the development level of the Internet should be at least equivalent to 1998 in memory.

Simon thought it over and said, "50 billion dollars."

Hearing Simon's figure, there was a brief uproar at the scene.

There's a lot of live footage here, Simon westero. You have to take responsibility for your blatant remarks.

Five years, 50 billion dollars.

At Cisco's current valuation of $5 billion, that's 1000% growth.

If you go from $500 million to $5 billion, that might be possible. However, the volume of money is there, from US $5 billion to US $50 billion, which is a process from quantitative change to qualitative change.

In North America, only IBM, general motors and at-t have a market value of $50 billion.

"Simon, are you serious?"

"Simon, is that a guarantee, or is it just a joke? You know, there may be tens of millions of people staring at you in front of the TV "

" Simon, what's your basis? "

"Simon..."

There was a crowd of reporters, even some of the onlookers outside the interview area were surprised.

Simon easily sat on the sofa, waiting for the noise around him for a moment, then pressed his hand slightly and said, "no one knows what will happen in the future. 50 billion dollars is my confidence in Cisco. You can either believe it or ignore it. Because this is the future, I can't give any guarantee. However, you can refer to what has happened. For example, when I first invested in Microsoft a few years ago, the company's market value at the lowest point of the stock market crash at that time was only more than $1 billion. Just yesterday, its market value was $12.6 billion. "

"Simon, Microsoft is a miracle."

Simon shrugged and said with a smile, "who says it's not. Moreover, Microsoft still has many competitors, but Cisco does not. Not only in the United States, Cisco does not have any competitors in the world. The Internet industry is destined to be global. So, who can say that Cisco will not be the next miracle? "

"Simon, do you mean Cisco is a monopoly?"

Hearing this question, Simon looked at the reporter who asked the question, and quickly shook his head and said, "of course not. I hope there will be companies competing with Cisco in the industry as soon as possible. The lack of competition will only lead to a stagnant industry."

"But it's an obvious fact that Cisco, AOL and igrit are monopolizing the world wide web technology," the reporter quickly asked

Simon shook his head again and said, "I don't agree with you. It's very irresponsible to rashly use the word monopoly to describe some enterprises. In the current situation, more accurately, several companies in the westero system are ahead of many people. Just like Bell invented the telephone many years ago, you can't say that others invented something before you, and just claim the title of "monopoly". In recent years, westero has invested hundreds of millions of money to promote the development of World Wide Web technology. We invented the world wide web technology, and we certainly have the right to enjoy this leading edge. "

Another reporter asked, "well, will westrow system open up core patents to competitors?"

Simon nodded and said, "actually, we're doing it now. Otherwise, you should not see the emergence of as many as 20000 web sites on the world wide web platform. "

Simon said, and glanced at the host without any trace. This time, he was still the vice president of the NASDAQ Exchange who presided over the last AOL bell ringing ceremony. The other side agreed and chose a media close to the westero system, directly bypassing the sensitive topic of "monopoly".