Chapter 74： strong determination

Beverly Hills, at the entrance of a small villa.

The owner of the villa, Wilson, opened the mailbox, took out a few letters, and walked back while reading them. After entering the living room, he picked one out and looked at it seriously.

This is the latest Nasdaq analysis this morning.

Three days ago, a friend introduced an investment manager from Merrill Lynch. The other party came to visit and talked about Nasdaq and Internet stocks. He was quite speculative.

To be precise, he and the investment manager have roughly the same views, and both believe that Nasdaq has unlimited prospects in the next few years.

Then, the investment manager will send the latest stock market details every day.

Seeing the speed at which several high-quality Internet stocks are rising every day, Wilson feels heartache.

Originally, all the liquid funds in his hands were invested in the Nasdaq stock market, but thinking that there is still room for it, I can’t help but regret it.

Should put more money in.

The phone rang at this time, Wilson connected, and a familiar voice rang in the receiver.

"Hello, Mr. Wilson, this is Scott. Have you received the materials for the morning delivery?"

Wilson looked down and said, "I got it."

The other party's service is very attentive.

The voice said again: "If you have any needs, you can contact me at any time."

Wilson nodded slightly: "I see."

He has his own investment adviser, but that investment adviser's professional ability and analysis of Nasdaq do not feel like this Scott.

There is also a gap in service.

Hanging up, looking at the market analysis on the data and the latest developments of star stocks, Wilson felt that he could no longer hesitate.

If you hesitate, you will miss the best opportunity.

In the afternoon, the stock market had just closed, and the investment manager Scott came to visit again.

Wilson is very clear that what Scott fancy is his rich status and investment ability, but this kind of investment itself is what he needs.

Besides, Scott's analysis of Nasdaq is really professional.

Same as the last time they met, the two talked happily until the evening.

When Scott left, he specifically said: "Mr. Wilson, do you know Julian Robertson?"

Wilson is not a rookie who just entered the stock market. Of course, he has heard of this financial investment guru and nodded and said: "The founder and manager of the Tiger Fund."

Scott solemnly said: "I just got the news that just last week, Julian Robertson sold the stocks of traditional industrial companies held by the Tiger Fund and bought a large number of stocks of Internet companies."

"How is this possible?" Wilson was quite shocked.

Julian Robertson had long said that the Nasdaq Internet had a bubble, and even criticized Internet stocks on TV. His Tiger Fund also bought a large number of shares of traditional industrial companies.

Scott said again: "The news just spread, you can check it online and you can see it."

Thinking that Ronan was only asking him to influence Wilson from the side and strengthen his confidence in investing in Nasdaq, he did not say anything more and left.

Wilson sent the guests away, and after he came back, he checked the Internet. Scott was right. Even the most famous anti-Internet stocks man in the investment world has invested in Internet stocks.

The market prospects are very good. Even if something goes wrong, it is estimated that it will take a few years, and someone else will definitely take over.

Wilson picked up the phone and dialed two numbers.

"Parker, let's meet tonight and talk."

"Neil, I have an appointment with Parker. See you in the old cafe in an hour."

Within an hour, the three people gathered in an old-fashioned cafe.

"Have you heard?" Wilson didn't say nonsense, "Julian Robertson abandoned traditional industrial stocks and invested in Internet stocks."

Neal was younger than Wilson, and asked, "As for the helm of the Tiger Fund, who is the big investor?"

"It's him." Parker took a sip of coffee: "He was originally a staunch anti-Internet stockist, how did he suddenly change?"

Wilson snorted and said, "Why else? Because Internet stocks are profitable! And the benefits are huge."

The other two thought about it, except for this answer, they couldn't find any other reasonable explanation.

Parker sighed and said, "We can't wait any longer."

Wilson focused his head: "The stocks we bought before have gone up a lot. If we were decisive last year, the profit would not only be this."

Neil frowned: "Do you really want to do this?"

Wilson took over: "We took over the Embassy Film Industry in the late 1980s. It has been ten years now. How much profit has been made in the past ten years? It is not as profitable as the Internet stocks we bought last year! Industry is my part. I've had enough, the money is too slow."

Parker echoed: "Although financial securities are risky, it is not a problem to maintain the Nasdaq situation for a few years. When we have more funds, we can return to the industrial industry."

Neil closed his eyes. In the past year, I have heard and seen a lot of hard work in the industry for ten years. It is better to invest in Internet stocks for a year.

Wilson thought that even Julian Robertson would switch to the Internet stock market, and said: "Such opportunities have not been met several times."

He emphasized his tone: "The highest value in our hands is the Embassy Pictures shares, but the profitability of this share is too poor. According to the bank's assessment, if the mortgage is taken, the loan is too small. The biggest value of the issuing company is still in Hollywood, which happens to be Now someone is willing to take it."

"You mean Shahai Entertainment who has been in contact with us?" Parker asked.

Wilson nodded: "Shahai Entertainment's last movie was a big success, and I want to get involved in the distribution industry."

Neal also made a decision: "We will continue to contact Shahai Entertainment, if they bid the right price..."

Wilson is quite confident: "There are not many companies like us that have a complete distribution system."

Buy low-cost movies from overseas at low prices, and then show them in North America and distribute video tapes and discs. The distribution system of Embassy Pictures is beyond doubt.

This is also the root of Wilson's confidence.

Also on this evening, Ronan met with Garcia, the management representative of Embassy Pictures.

"It's not the management that really decides the fate of the company, Mr. Anderson." Garcia is a very ordinary-looking middle-aged Latino: "Since you have been in contact with major shareholders, you must know that they hold 90% of the shares. ."

Ronan said with a smile: "I hope the management will not oppose the acquisition of Shahai Entertainment."

The management of Embassy Pictures holds 10% of the shares. It would be very troublesome to collectively oppose the acquisition of Shahai Entertainment Garcia did not speak.

"The current business of Embassy Pictures is to buy films from overseas at low prices, and then release them in North America." Ronan was not in a hurry, and continued, "Right?"

Garcia nodded: "This can effectively avoid risks."

Ronan first echoed: "There are too many film companies or directors from overseas countries who want to enter the world's No. 1 film market. For this reason, they will not hesitate to sell North American copyrights at the price of cabbage. North American filmmakers can often win overseas at super low prices. It doesn’t matter if the film enters North American theaters even if the box office revenue is low. Later, there will be video tape and emerging disc markets that are slowly generating profits."

Garcia did not deny: "Mr. Anderson knows very well."

Ronan then asked: "How much profit can this model make? There is no chance to distribute large, medium and large films! Garcia, as far as I know, you have been in Hollywood for more than 15 years and have been engaged in film distribution for five years? Have you ever thought of releasing a film with a cost of more than ten million dollars? Don't want to create a box office miracle of billions of dollars?

"Anyone engaged in distribution business will have this idea, and I am no exception." Garcia was quite calm: "But wanting is different from doing it."

Ronan said calmly: "Sandsea Entertainment has sufficient financial support. Currently, two films with a total budget of 40 million U.S. dollars are being produced, one of which is a new work by director James Huang, who created the box office miracle of "Human Elimination Project". These two films will enter the release stage in at most a year."

"In the future, Shahai Entertainment will produce films with more investment, and even get involved in top productions with a cost of more than 100 million yuan."

Garcia was a little excited, but did not answer.

Ronan knows that the future and ideals alone are far from enough. The management of Embassy Pictures must have concerns.