Chapter 1016: decision

John Mark did not go to the Nasdaq index's trend analysis report, but directly found AOL's stock price data.
As of today's close, AOL's stock price fluctuated after a week, and finally settled at $26.522 billion, with a market capitalization of $43.6 billion. Compared with the highest market value of 46.1 billion US dollars last week, it has dropped a full 2.5 billion US dollars.
Morgan Stanley has been keeping a wait-and-see attitude and has no plans to sell its stocks, but John Mark knows that many shareholders who worry that AOL’s share price will collapse under the pressure of a large-scale reduction in firefly investment have begun to sell. Take out the stock.
According to the data on the documents in hand, this week, the online trading volume of AOL reached 5.6 billion US dollars, more than one tenth of the online market value of the United States.
Obviously, while someone left the market, there are also many investors who are optimistic about AOL stocks coming into play.
In the past, John Mark has been focusing on core businesses such as Morgan Stanley's stock bond issuance, and is not too concerned about the international foreign exchange market. However, this week, after a detailed understanding of the Russian economic situation and the Southeast Asian economic crisis and other data, he also began to agree with Eric's analysis of Nasdaq's future trend.
After the search for Southeast Asian countries, the huge profits earned by major international hot money need to find an investment target as soon as possible. Originally, he thought that this investment target is likely to be Russia whose economic situation is recovering, but now understands that Russia's economic recovery is just an illusion, then these funds may only return to North America, which is in the Fed's interest rate hike cycle.
North America is at a time when new technology waves are surging, and it will naturally become the best investment target for these hot money.
Then, the Nasdaq index breaks through 2,000 points, and it is likely that it will be just the beginning, as Eric said.
The facts also prove Eric's judgment. After the Nasdaq index broke through 2000 points last week, the growth rate has not slowed down, but it has obvious signs of acceleration. It is only this week that the Nasdaq index is the highest. Near 2070 points, the increase reached 3.5%.
Aside from these general economic trends, John Mark’s attention quickly returned to AOL’s affairs.
In addition to Yahoo, which will be listed at the end of the year, among the top star technology companies on the Nasdaq market, shareholders of Microsoft, Cisco, Intel, SUN, etc., do not have any plans to reduce their holdings on a large scale, even Yahoo! The original 30% of the new share issuance ratio has also been compressed, and the final IPO ratio may be only 10% to 15%. Wall Street investment institutions want to invest heavily in these companies, which is unlikely in a short period of time.
Then, ignoring the hidden risks, it is not difficult to find that the firefly's plan to reduce the holdings of AOL stocks on a large scale is not only a threat to Wall Street investors, but an opportunity.
Carefully weighed again the pros and cons, and John Mark finally made a decision.
He plans to unite a group of investors to eat all the stocks in the hands of the fireflies.
According to the current market value, 32.6% of AOL stocks held directly by Firefly Investment are worth about $14.2 billion. With such a huge stock of assets, it is impossible for any investment institution on Wall Street to fully follow.
However, if it is dispersed, it will be taken over by dozens or even dozens of investment institutions. It is very feasible to digest this $14.2 billion stock.
From another perspective, this behavior is very similar to corporate IPO. And the issuance of stocks happens to be one of Morgan Stanley's basic businesses.
Of course, the value of AOL stock held by Firefly Investors is too high.
The $14.2 billion has exceeded the largest IPO record in the history of $13 billion created by Deutsche Telekom a few years ago, so the actual implementation is certainly not difficult.
However, as long as it can take over the stocks of Firefly's investment, the sword of Damocles, which has been hanging over the top of AOL, will disappear from invisibility. AOL's share price will also completely get rid of the risk of major shareholder reduction. Without the constraints of firefly investment, coupled with the rapid development of AOL itself, the company's stock will undoubtedly sing the glory of the new technology wave.
Made a decision, John Mark did not hesitate to pick up the phone on the desk and start gathering Morgan Stanley executives. He plans to hold a meeting overnight to discuss how to implement the plan.
Morgan Stanley’s temporary high-level meeting was held until late at night, and even Morgan Stanley’s new CEO, Philippe Purcell, called to ask John Mark’s intentions.
Although Morgan Stanley has been merged with Dean Witt for more than half a year, the management dispute between the two companies' original management systems for the new company was also appointed as the CEO of the new company with Dean Witt's original helm Philip Pussel. The dust settled. However, the executives of the original Morgan Stanley system never gave up the intention to fight for the initiative. At present, the business of the two companies did not start large-scale merger for various reasons.
Although John Mark did not conceal his plan from Philip Pussel, he did not invite the other party to participate.
The next day, John Mark, who had only rested for less than five hours, flew to Los Angeles with a plan discussed by Morgan Stanley executives last night.
Eric received an invitation from the Hearst family's William Hurst III, who originally planned to take Aniston to visit Hearst Castle in St. Simon. When I got up in the morning, I got a call from John Mark. I had to cancel the trip temporarily and stay at the Sharp Point Estate.
At this time, in the study room on the basement floor, Aniston, wearing a T-shirt and jeans, was obviously very bad. He painted an ugly Eric head on the wide writing board that occupies the entire wall and lost his hand. The pen was stunned like an anxious kitten, squatting behind the leather chair and holding Eric's neck.
Eric put down the draft of "Gravity" in his hand and reached out to pull Aniston behind him and hugged it on his lap. He kissed the chick's waist and kissed her cheek. Sorry, "This is an accident." Ah, we will go to St. Simon in the afternoon and come back on Monday, okay?"
"You don't mean that Monday's "gravity" is turned on, how can this be delayed," Aniston said, leaning comfortably on Eric, saying: "I just had a date, really sorry, I am I bought a skirt specifically."
Eric said: "Oh, then you can change it now, let me see."
Aniston sighed: "Do not change, don't show it to you."
Eric smiled and said: "Well, I don't change if I don't change it. Anyway, I don't like how you wear clothes."
"Ah, you bad guy," Aniston confused, then understood, laughing and bounced from Eric, but did not run away, just turned and sat in front of the large desk, and lifted his foot Gently kicked on Eric's leg.
Eric also did not dodge, with a smile on the sweet girl in front of her face. Over the years, Aniston's appearance has hardly changed, as I saw it. Think about the various experiences of these years, Eric can not help but feel a little emotional.
Aniston felt Eric's gaze, but suddenly he was embarrassed. Persevering to look at him for a moment, he picked up the "gravity" of Eric, which was placed next to him, and blocked the picture in the middle of the two. He was ashamed: "Don't look."
The line of sight was occluded, and I noticed that Aniston was holding the small hand of the drawing board. Eric suddenly remembered something and got up and said: "Yes, I suddenly remembered that there was a gift for you."
"What?" Aniston, who had been wearing an ostrich, immediately came to the mood and jumped off the desk to follow.
Eric walked to the wall, removed the decorative artwork, exposed the safe in the wall, and then the bright-skinned Aniston Road: "Hey, close your eyes first."
"Cut, I don't have a rare safe password for you." Aniston said, just turned around and dragged the little scorpion: "Is it okay?"
Eric didn't worry about being seen by Aniston's safe password, but was afraid that she would see a whole set of rings inside, which would be bad.
Open the safe, Eric picks the box from the ring, takes out one, closes the safe, turns around and pulls the left hand of Aniston, who is still facing his own, tries it, just wearing it in the left hand On the ring finger.
Aniston saw Eric put a rose gold ring on his hand, first picking his eyebrows, then taking the ring down again, skillfully checking the lettering inside the ring, then he was dissatisfied: "I only Don't fall on the red heart Q behind the Nizi."
Eric is a bit stunned: "Do you know this?"
Anniston said: "Nani has shown off in front of me many times. How can I not know, and I have seen people who have been wearing such rings more than once?"
With that said, Aniston glanced at Eric and returned the rose gold ring in his hand. He said, "I want to be red."
Eric also digested the information that Aniston had just revealed. With the character of Shantou and her tit-for-tat relationship with Aniston, she really took the initiative to show Aniston the ring she had.
As for what was photographed, it should be Julia. In the woman who got the set of rose gold rings, only Julia was wearing it all day without hesitation.
Subconsciously took the ring that Aniston handed back, Eric smiled bitterly: "Without the heart of K, every ring is unique."
Aniston had a little more in his eyes: "Then I want the king to be good."
"This can't be done," Eric shook his head immediately, adding: "Xiao Wang will not do it."
Aniston knew that this was not possible, otherwise the king of size must have fallen in the hands of Drew, and it would be her turn: "Or, Eric, you open the box, I pick it myself."
Since Aniston already knew about the ring, Eric was no longer obscured, opened the safe, took out the box containing the ring and showed it to Aniston.
Aniston saw that in addition to the king of the box, he also lost seven rings. Barabara accused Eric of some, but finally took the plum K, and said that he would wear the ring directly. The rose gold ring with black diamonds, even if it is seen, is not expected to associate with an engagement ring.
Looking at Aniston, who happily put the ring on his hand, Eric re-received the box, then walked over and reached over the little waist of the chick, saying: "Jane, you know, this ring is worn. On, you can't pick it up."
Aniston just saw the rose gold ring, but in fact it is far from what Eric sees.
Listening to Eric, Aniston leaned in Eric's arms, his chin on his shoulder, silent for a while, said: "How can I be so unlucky, I will meet you guys."
"Well," Eric nodded softly.
Aniston gently hammered Eric back and shouted: "What are you?"
"I was thinking, how lucky I am to make you so unlucky."
Aniston's chin on Eric's shoulder moved, and he was hot in his ear. The fangs threatened: "Your ears are on my lips, believe it or not." it."
Eric suddenly silenced, and the two cuddled for a moment, until the communicator on the wall lit up the light, and Eric knew that John Mark had arrived, and that he released Aniston.
"Eric, I am sorry, I have to come over to disturb you on the weekend, oh, there is a beautiful Miss Aniston, my wife likes to watch your "Friends"." It was John Mark who arrived and met. The two sides chilled up.
"It doesn't matter, I don't have any special things at the weekend," Eric was subconsciously keeping the East way polite and listening to Aniston's straight eyes.
Gently, John Mark shook hands and greeted him. Aniston took the initiative to run the coffee for the two. She had already seen the maids in the manor. However, the chick was absolutely unwilling to let the girls come in.
After a while, a pot of coffee was brought up, and Aniston avoided it again. Eric and John Mark, who talked a few words at random, were considered to be at the point.
I took out the plan that I had been busy late until late at night, and John Mark handed it to Eric. "Eric, you can look at the plan we made, let's talk later."
Eric nodded, and he gave up with Aniston to go to San Simeon for the weekend and agreed to the meeting, or because he had already listened to John Mark on the phone and briefly introduced his thoughts. However, he must still To learn more about each other's ideas, this matter can continue to talk.