Chapter 649： No idea

The majority of the purchase of firefly long-term bonds are investment institutions such as various pension funds and insurance companies in North America and Europe. The most important investment of these investment institutions is the pursuit of maximum security of funds, so it is often only the annual interest rate. Major investors in US Treasury bonds below 3%.

Although the rating agency rated the firefly long-term bond at 2a level, slightly lower than the highest 3a security level of US Treasury bonds, after the firefly published a series of financial data, especially under the stimulus of the upcoming $3 billion free cash flow. Although rating agencies have not raised the firefly's bond rating, a large number of industry analysts have publicly stated that the firefly's bond investment security is almost the same as that of US Treasury bonds, while the firefly's long-term bonds are almost twice as large as US Treasury bonds. 5% annual interest rate.

In this case, even if there is no firefly suddenly abandoning the hand-painted animation department to let the credit union alliance lose the coercive chip, the investment institution holding the firefly long-term bond can not ask the firefly to start the bond repurchase measure in advance after the firefly's tough attitude, which is equal to It is a self-defeating road.

As a result, when the news that the fireflies were about to sell the animation department as a whole caused Hollywood and Wall Street to be in turmoil, the representatives of the creditors gathered in Los Angeles became the most embarrassing group.

As an advocate of the creditor's coalition, Ron Perelman immediately took care of Marvel's affairs after returning to New York. Although he was able to speak out in the capital market, Ron was in the face of absolute strength. Perelman immediately became left and right.

Warren Buffett, Tom Murphy and David West have a very wide network of contacts and influence in New York, as for Kasenberg. The native of Manhattan, at the age of 19, became a member of the campaign team for John Lindsay, the mayor of New York City at the time. A few years later, as a treasurer, he helped John Lindsay to run for the US president. Although it has not been successful, this kind of Zhengzhi resume is also difficult for many ordinary people to find in life. Even if it has been developed in the media for many years, Kasenberg is still half of the New York City’s head snakes, plus now the largest in the United States. The influence of the title of the next CEO of the media group can be imagined.

Driven by the power of all parties, the New York District Court is extremely efficient, and Ron Perelman, who returned to New York, has no time to do anything. I have to face various investigations from law enforcement agencies.

When the firefly decided to sell the animation department to New York, Ron Perelman, who felt that something was wrong, immediately called Sommer Redstone and wanted to agree to Viacom’s conditions. En Perelman is sensitive to realize that by agreeing to Viacom's trading conditions, he can not only get rid of the vortex of Marvel, but also get 100 million dollars. On the other hand, if you can't make this deal, he may have to plant a big fan in front of the fireflies.

However, the sudden turn of the matter is still beyond the expectations of Ron Perelman. The entire slogan of the ‘Fresh Cabbage’ in the animation department thrown out by the fireflies in Hollywood, Viacom’s mood to win this ‘white cabbage’ is far more eager than other major companies. At this time, Summerr Stonestone would not have angered Eric for Marvel's ‘rotten apple’.

Therefore, Ron Perelman made several phone calls in a row, but he could not even contact Ray Stone.

Malibu Point Corner Manor, a business party is being held at this time.

Two days have elapsed since Firefly released a series of news and announcements. Although Firefly can completely ignore the representatives of creditors who are hanging out in Los Angeles, it does not meet the long-term interests of Firefly, even if it is not listed. The company, fireflies can not completely separate from the capital market, not to mention Eric is still developing a lot of industries outside the fireflies. Retirement funds and insurance institutions throughout the US and European countries are precisely the mainstay of capital market investment.

Therefore, Eric quickly invited all creditors to participate in the party at Pointe Manor on the grounds of 'face-to-face communication and elimination of differences'. Things have evolved to the present, but in fact, there is no need for any communication. The guests who come to the party will not even mention the credit union alliance.

The discerning eye can see that this is a step that the firefly takes the initiative to give.

There were still some fears that Eric would be arrogant when he approached the creditor’s representative to the Pointe Manor. He found that the owner of the Firefly Group was not as arrogant as the young people, but rather as mature and steady as most of their peers. They have all let go of their hearts. In the ensuing conversation, these people even gradually ignored the age of Eric, and unconsciously surrounded Eric in the middle of the stars, and talked with interest about various economic issues.

“If you are careful, we can find that a new information technology industry has emerged. Although the academic community has called the development of cutting-edge technologies such as new energy, information technology, space technology and biotechnology the third industrial revolution, in reality The only thing that can really be close to the lives of ordinary people is information technology. We all know that the more economically popular the industry can be, the higher the economic value will be. So the next ten or even two In the past decade, mobile communications, personal computers, application software, and the Internet have become the most valuable investment targets. "Eric, surrounded by a group of creditors and senior fund managers, is holding a glass of red wine in the corner of the hall. Don't talk about the venue.

A fund manager in a black suit asked: "Eric, I know that you are outside of Hollywood, and you have invested in several high-tech companies like Cisco, Yahoo and AOL, but you don't think the risk of high-tech investment is too high. Is it bigger? As far as I know, one of the investment creeds of Mr. Warren Buffett, another shareholder of the Firefly Group, is to avoid high-tech industries as much as possible."

"I don't want to comment on Warren's investment philosophy, which will be drowned by his supporters." In a smirk, Eric continued: "However, at other times, invest in high technology." The industry risk is indeed very large. But now it is different. Next will be an overall industrial explosion. Because the industry involved in information technology is too large, including almost every aspect of our lives, the semiconductor industry promotes personal computers. The development of mobile communications, personal computers, mobile communications have promoted the development of applications, mobile phones, the Internet and other branches, and the latter three can drive a large number of large industrial clusters, in this rising state of the overall industry trend The investment in high technology is very secure, I am sure. In the next few years, North America and even the global capital market will definitely drive a new round of long-term bull market pattern due to the development of new technology industry."

Another fund manager asked very keenly: "Eric, then do you think there will be a bubble in this?"

"Of course, every round of bull market means a stock market bubble. This big industrial outbreak definitely means a bigger bubble." Eric’s eyes have a different meaning, sweeping the crowd, the corner of his mouth. Hanging a faint smile, said: "In the state of the stock market skyrocketing, even if you have not heard me these words today. I think you will certainly not hesitate to enter the market, but only can you restrain the greed. Successfully fleeing depends on your own luck."

Seeing that many people are in a short-term thinking, Eric has not continued to talk about it. He has revealed a few things to leave a deep impression on the fund managers who hold large amounts of capital. It will definitely bring unexpected benefits in the future. But there is no need to say too much. Seeing Elizabeth wearing a lilac dress standing outside and smiling at herself, Eric raised a toast at the crowd and walked over the crowd.

Eric smugly praised Elizabeth's dress and asked, "When did you come over?"

"It’s been half an hour," Elizabeth said with a smile. "When you look like a fish in a group of old men, you don't bother to bother you."

Eric went to the table at the table and took a fruit plate. She sat down with the sofa and looked up at the sofa. She smiled and took the girl’s words. "This is no way, if I am too close to the same age male." The association that caused it is even more unbearable. I guess you definitely don’t want to see this scene?"

Elizabeth smiled and slammed on Eric's shoulders, sipped her red wine and slowly condensed her expression. "My father recently regretted it."

Eric looked up and asked, "What do you regret?"

Elizabeth shrugged and said: "The firefly's paper-based asset, my father said that I knew that $1.5 billion would be able to buy it, and News Corp. would definitely shoot it."

Eric picked up an apple and put it in his mouth and said, "It doesn't matter, the old man, the memory is getting worse and worse, and he forgets it in a few days."

Elizabeth is dissatisfied: "Eric, can't you respect my father?"

"Amount, okay, sorry," Eric followed, and said, "So, now I definitely want to buy Disney's animation department, right?"

"Well," Elizabeth nodded. She personally believed in Eric's judgment and even had some admiration. Therefore, since Eric insisted on abolishing the hand-drawn animation department after "The Lion King," Elizabeth did not As eager as other major Hollywood studios.

But I can't help but think of my old man.

Eric said: "I tell you, Liz, the paper-based asset that bought the fireflies, may still be good for the next few years. But if you buy the hand-painted animation department, it is impossible to make money. ""

Elizabeth glanced at Eric: "You tell me what it is, you have to talk to my dad."

"Then I have no obligation, but this time you don't mix," Eric thought for a moment and said: "Even if your old man is struggling, I don't think he can get it this time."

Elizabeth curiously said, "Oh, which company do you think is the most likely to buy an animation department?"

Eric recalled some of the information that Kelly collected in recent days. He said: "I think Warner is the most likely. The film business of Warner this summer is really bad. Terry Semel doesn't do it. Some achievements give the board and shareholders enough confidence, it is difficult to sit on the eo seat for too long. Secondly, Paramount, I heard that Paramount intends to use the Baixida to imitate Disney's peripheral strategy," Ereli Ke said here, with a little gloating in the corner of his mouth, said: "There are more than 3,000 Baishida chain stores in the United States, which is more than six times the number of Disney stores worldwide. This is indeed a very good idea. Unfortunately, Paramount is fundamental. There isn’t much to develop a movie around, I don’t know why, I think it’s funny when I think of it, haha, sorry, let me laugh.”

Elizabeth turned a small white eye, and when Eric laughed, she said, "I thought you would think that the most likely thing is Universal. Michael Eisner is Disney's eo after all."

Eric shrugged and said: "Universal and Colombia don't think about it. Michael Eisner definitely wants the animation department very much, but he doesn't have that much power. Now Universal and Colombia are in the hands of the Japanese. Japan People are sometimes very generous, but sometimes they are very stingy. Their animation industry is very developed. Correspondingly, although they will not despise Hollywood animated film companies, they will not be willing to spend more than one billion dollars to buy a hand-painted animation department. In the end, MGM has no hope. As for you, I think News Corp.’s current business focus should still be on the TV network. It’s not as bad as Warner and Paramount?”

Elizabeth nodded slightly, and I had to admit that Eric’s analysis was very reasonable.

Since Firefly bought ab and no longer cooperated with Fox TV, in order to maintain the market share of Fox TV, News Corp. put most of its energy on the TV network this year, and even let the film department cut production again.

After making up his mind to stop trying to influence his old man's decision, Elizabeth let go of his heart and asked, "Hey, haven't you wanted to win that comic company recently? Which superhero copyright you've seen?"

"This is too much, Spider-Man, Fantastic Four, Hulk, Iron Man or something, in fact, I am a comic book fan, do you see it?"

Elizabeth showed her contemptuous eyes and said, "You are crying again. How have I never seen you read comics?"

Eric laughed: "This shows that we still need to deepen our understanding."

(To be continued.)