Chapter 245: [Don't worry, stay calm]

, The latest chapter in the latest global monopoly of technology!
Suddenly, the time came to March 2008. Luo Sheng returned home this year with a low profile. During the Spring Festival in China, the global economy began to enter a stage of complete collapse. Even if all countries are frantically saving the market, they still cannot resist the cliffs of the stock market. Diving.
But there is no way, you can't stop it, you have to save the market crazy.
Especially in the United States, there is a serious shortage of liquidity, a large amount of the real economy cannot even borrow money, the unemployment rate is rising, and the GDP continues to collapse.
The Federal Reserve is implementing one round after another of interest rate cuts to bring interest rates down to near zero levels and has remained unchanged.
In addition, the Fed has successively introduced Dolan's quantitative easing policy. By purchasing a large amount of asset-backed securities and selling government bonds, it has injected liquidity into the market to save the economic disaster.
However, with the haze of this economic crisis lingering all over the world, Luo Sheng has passed a big year without any pressure.
Years later, it is time to harvest wildly.
It can really be said that Buffett said: I am afraid when others are greedy, and I am greedy when others are afraid.
...
In early March, CEO Office of Bluestar Technology.
Irene came to Luo Sheng's office with a piece of material and asked: "The company's 2007 annual financial results have been audited early, are you not ready to disclose it?"
Luo Sheng shook his head: "Not in a hurry, let the bullets fly for a while."
The news was usually disclosed to the outside world at the end of January. This time, Luo Sheng was not allowed to disclose this time, and the market has been eagerly anticipating. His doing this will undoubtedly seriously frustrate the market ’s confidence. Investors feel that Bluestar's situation may be worse than expected, and it is directly reflected in the stock market crash.
This is the result that Luo Sheng wants, and it is deliberate to keep the financial report undisclosed, anyway, as long as it is released within the deadline.
Generally, listed companies often publish annual reports and new quarterly reports together. Bluestar Technology Group has not done this before, but it does not mean that it cannot be done.
Luo Sheng picked up the materials brought by Irene and watched silently.
Bluestar Technology Group's 2007 fourth quarter report and annual financial report for the year ended December 31, 2007. In the fourth quarter, Bluestar's global revenue was US $ 6.567 billion, an increase of 10.78% year-on-year and a -14.32% month-on-month increase Profit was US $ 1.38 billion, an increase of -3.08% from US $ 1.423 billion in the same period last year.
Obviously, the economic crisis has spread to technology companies. Bluestar Technology Group's fourth-quarter performance declined for the first time, but there was no absolute loss. The fourth quarter still achieved a net profit of 1.38 billion US dollars.
In other words, I earn more than before, but on this premise, I still make a lot of money.
If the economic crisis broke out in North America and spread to the whole world, the fourth-quarter performance would surely be able to increase by about 30%, but it would be a bit difficult for the environment to have such a request. It is not that the performance of a company like Bluestar Technology has fallen. It's all diving.
Bluestar Technology Group's annual revenue in 2007 reached 28.152 billion US dollars, an increase of 102.88% compared with 13.876 billion US dollars in 2006, but the net profit for the whole year was negative and the total net loss was 1 billion US dollars .
This is because in the third quarter, Bluestar Technology Group launched two new projects, "Online Cloud Translation" and "Virtual Idol", together with the investment layout of the e-sports industry and the acquisition of Vivendi Group at the same time. Holding all of Blizzard's equity, these are the reasons for the significant increase in operating expenses.
Profits are important, but to see the impact of a company ultimately depends on revenue data, so the top 500 companies in the world are not ranked by profit, but by revenue quota. Bluestar Technology Group ’s revenue this year has remained The triple-digit growth reached a dazzling score of 102.88%.
After a year of tossing this year, it seems to have lost a billion dollars, but the company's asset size has skyrocketed. What's more important is that the Blue Star Technology Group has not had a single debt so far and has more than 17 billion cash reserves. This is the biggest reliance that allows Luo Sheng to be at ease in the face of the global financial turmoil hit by this attack.
At this moment, the moment is when cash is king. Bluestar Technology Group has more than 17 billion US dollars in cash in its safe. It has no debt, and it can survive the cold winter.
Not to mention that Luo Sheng's offshore trust still has more than 40 billion US dollars of spare money. This money can be used at any time without entering the stock market or Wall Street.
In any case, Luo Sheng cannot face the possibility of no cash flow now.
When about two-thirds of the material was read, the desk phone rang and Zhang Bowen called.
"General Luo, the company's market value has fallen to 157.2 billion U.S. dollars, can it be bought back?"
"Where is this? We haven't fallen below 150 billion. Don't worry, we will take another shot below the 100 billion dollar mark." Luo Sheng said immediately without hesitation.
At the other end of the phone, Zhang Bowen, sitting in the executive vice president's office, heard this saying and said in surprise: "What? This ... Can it break below the 100 billion mark? Is it so serious?"
Since entering 2008, all countries have been frantically saving the market, especially in North America. The Federal Reserve has also issued a series of measures for liquidity, but it still cannot save the market crash. Zhang Bowen thought it was almost the same. He did not expect Luo Sheng's It is predicted that the downward trend will be so severe.
Luo Sheng replied affirmatively: "Just do what I said, keep calm, and say in the second half of this year that our revenue may shrink sharply this year, depending on how much cloud services can be pulled back, and at this time throw money away. It will be difficult to earn back in a short time after going out, and when you think about the big sale, you will not have so much money. "
Zhang Bowen nodded and said, "Well, understand!"
Luo Sheng: "That's it."
...
If technology stocks are already weak at the end of last year, then just in 2008 this year, technology stocks also fell and began to enter the stage of a big crash. Technology stocks that had strengthened during the subprime mortgage crisis for nearly a year finally ushered in. Cliff diving, and it is the type of continuous jump.
As of March 2008, the world's top ten listed IT technology companies, Microsoft still maintains the number one position in the technology company, but the market value has plummeted to 247.3 billion US dollars, evaporated nearly 100 billion US dollars.
The second-ranked listed technology company in the world, Bluestar Technology Group, has also plunged all the way, from the peak of 207.1 billion US dollars to the current 157.2 billion US dollars, evaporated nearly 50 billion US dollars.
The third IT technology company listed is Cisco, with a market value of $ 145.4 billion; Google is the fourth, with a current market value of $ 132 billion; Intel is the fifth, with a market value of $ 115.7 billion.
The market environment now gives people the impression that Europe and the United States are frantically saving the market, but the more the market is rescued, the more the stock market jumps, as if in a vicious circle.
Ca n’t help but it ’s even more horrible ~ EbookFREE.me ~ The panic index is already bursting, and the underwriters of Bluestar Technology Group are now waiting for the stocks in their hands to unlock the restricted period, but this year will enter the second half of this year Only when the restricted period expires.
That is to say, there are still about three months to trade the stocks in hand. As long as the company's market value is high, investors who are holding bluestar technology stocks want to sell stocks in a hurry. Helpless.
But as long as the market value of Bluestar Technology's stock does not fall below 50 billion US dollars, there is still money to be made, but compared with the market value of more than 200 billion US dollars at its peak, it is still bleeding.
But in the following days, the global IT community suddenly became extremely lively.
Because several IT giants have been directly or indirectly involved in a chaotic battle, the participating parties include Bluestar Technology Group, Google, Oracle and other world-renowned IT giants.
At the same time, IT companies such as IBM and Hewlett-Packard were also forced to join, and the focus was on the competition between MySQL company in Sweden and Sun computer company in North America.
...