MTL - I’m in Hollywood-~ Change

Los Angeles International Airport.

Olivia stayed at the Sharp Point Manor for ten days and planned to return to London.

Eric wanted to send her back with her own private jet, but the relationship between the two sides has never been made public. Olivia is worried that the private flight on Eric will be noticed by the people and still choose commercial flights.

At four o'clock in the afternoon, standing in front of the floor-to-ceiling window of the VIP lounge of Los Angeles International Airport, I watched Olivia's flight slide out of the runway and rushed to the cloud, and Eric turned and left.

Today is May 21, another Friday.

Although it was very painful at the time last night, there was nothing hurting the bones. After that, it took only three or four days to rest, but Eric was still 'cultivating' at home. More than a week.

This week, with the announcement of the Firefly System's announcement to stop working with the Baishida chain store, Hollywood is a lively event, and media throughout North America and around the world are closely watching the dispute between the Firefly system and the Viacom Group.

Lei Shidong also did not despise his tough character, and there was no sign of softness for the whole week. After publicly publishing a statement accusing the firefly system on Monday, he handed over all the work that needed public appearance to Viacom's other top management.

However, Lei Shidong’s attitude is tough, and Viacom’s share price has not shown any hardship with Lei Shidong.

When Eric had dinner with Olivia at noon, he received information on the share price of Viacom Group at the close of the East Coast at the close of the week.

After the sharp fall on Monday, Viacom’s share price decline began to slow down in the next few working days, but in a week, the company’s share price fell by 23% and the market value evaporated by 16.8 billion.

At this point, compared to the market value of $73.1 billion at the beginning of this week, Viacom’s market value after the close today has plummeted to $56.3 billion.

In just one week, the stock book loss reached $16.8 billion. Even if Lei Shidong could afford it, the other shareholders of Viacom Group could not bear it.

Due to the dual ownership structure, the Lei Shidong family still owns 56% of the voting rights of Viacom Group. Often, almost no one can threaten the Reishi family's dominance over the Viacom group.

However, the dual shareholding structure is not omnipotent. Once the major shareholder with absolute control cannot solve the problems faced by the company for a long time and seriously damages the interests of most shareholders, the external shareholders can still convene an extraordinary general meeting to abolish the company by voting. The dual shareholding structure reorganizes the company's board of directors and management.

According to the US Securities Exchange Act, in order to abolish the dual shareholding structure, it is necessary to obtain support from two-thirds of the shareholders of a company.

After the merger of CBS Group, the Lei Shidong family only held 13.5% of the Viacom Group shares held by the National Entertainment Company, and the remaining 86.5% of the shares were held by institutional and public shareholders. If Lei Shidong is willing to go his own way and completely lose the support of all external shareholders, it is definitely not too difficult to win about 66.7% of the votes from this 86.5% stock.

Now, the company's market value has plummeted by $16.8 billion a week, which has clearly touched the limits of most of the external shareholders of the Viacom Group.

Leaving the airport hall and sitting in the car with Caroline, who also sent to Olivia, Eric told the driver to go to Firefly Studios. Although it is now close to work hours, but did not go to the company for more than a week, just on the way, so decided to sit in the past.

Driving into the Lincoln Avenue outside the airport, Eric asked Caroline next to him: "So, what else do I need to know today?"

Although there has been no recent work, the Assistant Office sends a memorandum of corporate affairs that Irenk knows to his e-mail every day. This is also the consistent style of Eric Management. He will not easily intervene in the specific decisions of the companies in the Firefly System, giving management full autonomy, but at the same time knowing the business conditions of these companies.

"The Nokia-controlled shell company negotiated a $8 million purchase price with the NTP company that holds the mobile mail patent this morning, and can sign the contract next week. "Bourne Shadow" has just completed the initial budget plan, drafting The production cost is 70 million US dollars; in the afternoon of London, the work progress report of "Ha Cai Porter and the Sorcerer's Stone" will be sent to your email address before tomorrow morning; Ronald Hill has already Adam Wembley, the founder of the 'Hollywood Gossip' website, filed a lawsuit. If it loses, Adam Wembley may face imprisonment for at least five years. Not only that, but even if he is in full possession, he still has to bear millions. US dollar compensation."

Eric’s expression leans freely on the back of the chair. When he listens to Caroline’s ‘Hollywood gossip’, he interrupts: “You don’t want to pay attention to these things, let Mary be responsible.”

Caroline blinked at her lips and seemed to be dissatisfied: "Eric, I am not a child."

"I know."

"I am not a porcelain doll."

"Of course," Eric laughed, and his relatives reached out and pinched on Caroline's face, saying, "You are a doll."

Caroline curled down her neck and her face was reddish. "Eric, you bully me again."

"Well, apologize, sorry, I shouldn't bully Little Carly," Eric smiled in dissatisfaction and said, "Hey, keep going."

Carolyn wants to learn that Meyer is arrogantly ignoring Eric a little, but still can't hold back, said: "As of today's close, the Nasdaq index has reached 3,976 points, and can break through next week. 4000 points. We got the news that Tiger Fund has completely stopped short trading and started buying technology stocks. However, the capital of this fund is now only 8 billion US dollars."

In the eavesdropping incident some time ago, the firefly caught the tiger fund of one of the behind-the-scenes masters, so Eric’s assistant office has been paying attention to the operation of the fund.

Compared to the peak period two years ago, the capital scale of the Tiger Fund has shrunk by more than half.

Listening to Caroline, Eric couldn't help but shook his head slightly.

If Julian Robertson is now in time, even if the Tiger Fund has only $8 billion in capital left, it will continue to survive.

But the other side is following the trend to buy technology stocks at this time. This is obviously Julian Robertson has been riding a tiger, like a gambler who lost a lot of money and completely lost his mind. He only has the idea of ​​returning to his mind. Constantly betting on the chips and trying to make a comeback, the result will only be a defeat.

Starting in mid-March, the Nasdaq index has risen from 3,000 points to a high of nearly 4,000 points in just over two months. At this rate, in another two months, by the end of August, the Nasdaq index can reach the peak of 5000 points in Eric's memory.

Moreover, it is very sensitive that in July and August, it happened that the listed companies successively announced the financial data for the second quarter of 1999. Although it is not the annual financial report, if the quarterly financial reports of a large number of new technology companies generally have huge losses, the already-sliding Nasdaq index has a good chance of plunging into a collapse.

Of course, Eric did not dare to be 100% certain at this time.

Because, as the main technology companies in the Nasdaq stock market, Microsoft, Cisco, Yahoo and other major giants have very good revenue data.

Microsoft will not say it, but in the first quarter, the new technology giant, which has basically monopolized the desktop operating system, achieved a net profit of $1.925 billion. It is estimated that the annual net profit may reach 8 billion US dollars. Compared with last year's $4.5 billion in profitability, it has almost doubled.

As the largest router equipment vendor in North America, Cisco is almost an infrastructure equipment supplier to the entire Internet industry. Although the market value of the past few months has been madly chasing Microsoft, the revenue performance is equally bright enough.

However, if the revenue growth rate, other major giants can not compare with Yahoo.

In order to greatly increase their traffic and attention in the short term, in recent months, major new technology companies have become more and more fierce in advertising marketing.

As the world's largest online advertising platform, Yahoo has benefited from it last year, creating revenue data of $1.6 billion for the year.

But this year, just in the first three months, countless Internet companies have squandered more than $700 million in advertising fees for each of Yahoo’s portals with a market share of more than 70%, including Yahoo Music Store, corporate email service, and Yahoopay. Other revenues such as interface licensing, Yahoo's first quarter sales soared to $ 937 million.

It can be expected that only the first two quarters, Yahoo's revenue data will exceed last year's full year.

Throughout 1999, Yahoo's annual turnover is likely to reach $4 billion if it is able to follow the momentum of the first quarter. With a huge revenue of $4 billion, as long as management is willing, making hundreds of millions of dollars in net profit is completely easy.

Of course, all this is just one of the most optimistic expectations.

Once the Nasdaq crashes, Yahoo’s rapid momentum is destined to come to an abrupt end.

However, in any case, as the purest Internet company in the new technology sector, Yahoo's revenue data for the first two quarters is so good that it will definitely further stimulate the Nasdaq index.

On the one hand, the rapid growth of new technology giants, on the one hand, is the large number of losses of countless small and medium-sized Internet companies. It is hard to imagine what will happen when the Nasdaq index breaks through 5,000 points in July and August.

Therefore, Eric has now completely abandoned the forecast of the Nasdaq market. Just step by step to empty the stock in the hands of the clover fund, and then plan to be a spectator.

I came to Firefly Studios with Caroline, worked in the office until 6:00, and invited two female assistants to dinner after work. Eric returned to Sharp Point Estate.

The black luxury Mercedes just drove into the manor gate in the night, and Eric heard the news of the front driver communicating with the manor bodyguard, and Elizabeth had already waited in the villa.

Eric walked into the villa and soon found a lazy girl holding a magazine on the sofa next to the curtain wall.

Leaning over Elizabeth's lips and kissing, Eric asked with concern: "Did you eat?"

"No," Elizabeth happily smoked her nose, her expression immediately resentful. "If you don't come back tonight, I am going to starve here, and I will talk to you every night."

Eric smiled and pinched the girl's chin and said, "It's too vicious. You didn't tell me that you are coming over, Julia?"

Elizabeth held down the eccentric hand that Eric had squeezed his chin down the neck and said, "Isn't it a compromise?" She spent the past few days with a group living in a small town near Nevada. on."

"Oh, let's go, take you out for dinner."

"I don't want to go out, you do it for me."

"Well," Eric nodded and pulled the girl up. He said, "There is food in the kitchen. If you are too hungry, eat it first."

Elizabeth didn't resist this time. She got up and went to the kitchen with Eric. She picked the ingredients from the refrigerator and worked with Eric for a moment. Then she suddenly said: "Dad let me break up with you."

Eric put the eggs into the bowl and stirred them. "You don't have to divide, you tell him that you and Julia are actually a pair."

"You want to see me being killed."

"Your brother is not all good, and then your old man can't beat you."

"You guy," Elizabeth raised her hand and slammed it on Eric's shoulder. "My father arranged a girlfriend for Lackland and let them get married at the end of the year."

“I am familiar with several major model companies. I don’t want them to find a male model in the past to give a single party to Lackland, and they are guaranteed to be the most beautiful.”

"Then my father is really mad at you," Elizabeth finally couldn't help but smile. She hammered again on Eric, and blinked and said, "You don't want to gloat, you can't say you in the future." I have to face this situation. A lot of children, Cindy Crawford is pregnant, right?"

Eric automatically ignores Elizabeth's last question and said: "I was going to raise a group of mischievous little **** and stir the world upside down. Just, Kevin and Xia Xia, and Emma, ​​now are too I was disappointed, and I didn’t have the potential to be a bad guy at all,” Eric said, turning to the girl next to him: “This difficult task will be handed over to you.”

Elizabeth's face was reddish, and she was too lazy to play Eric again. "If that's the case, I would rather kill him in advance."

"Enough, it seems that this thing can only fall on you."

Elizabeth lost the carrot in her hand and glared at Eric. "You will say that I will be filled with you."

Eric's hand stirring the egg stopped, put down the tableware, turned and held the girl in his arms, and the language was gentle. "Well, I apologize, I know this is unfair to you."

Elizabeth's chin squatted on Eric's shoulder, enjoying the man's hug, and the voice softened: "You are finally willing to say something serious."

"I am very embarrassed to see you, so I am active in the atmosphere. Is it better now?"

"Ok."

"That's good," Eric patted on the girl's back and said: "However, the world is inherently unfair, so it is still necessary to face the reality."

"Eric."

"Ok?"

"I suddenly want to bite."

"Oh ah!!!"

......

I was crushed last night, and it happened to be Saturday. The sky was already bright. Eric still had no idea of ​​getting out of bed. Instead, Elizabeth ran to prepare breakfast early in the morning.

Was confused, the bedroom door was suddenly pushed open, Elizabeth winds in and slammed in, while slap on Eric and pick up the remote control to open the wall-mounted TV in the bedroom, the tone gloating: "Eric, look Viacom’s press conference, your plan may be lost.”