Giant of the times

After returning to the United States, Li Zetian immediately asked Dongfang Yuqin about the situation of the U.S. stock market.

"The stock prices of many Internet listed companies on Nasdaq have fallen?"

Dongfang Yuqin shook his head and said: "When I sold a small part of the shares, the stock prices of many Internet companies did fall, but they rebounded later. However, I speculate that the Internet bubble may not last long."

Li Zetian nodded, feeling relieved.

Right now, he still has a large number of shares that he has not sold. Once the Internet bubble bursts, the value of these shares will be severely reduced.

"Well, it seems we have to speed up!" Li Zetian murmured, "However, we can't let the public think that we have no confidence in the Internet! During this period, we happened to be conducting acquisitions in Southeast Asia, and we also sold our stocks. It’s an excuse…”

Dongfang Yuqin smiled and said, "Yes."

Li Zetian smiled and said: "Then let people let it out and say that our acquisition plan still requires a lot of funds, so we have to continue to sell stocks to cash out!!"

"Well, okay, then I'll make arrangements!"

It is already 1998. In the previous life, in 2000, the Internet bubble burst. Therefore, the current Internet market is very uncertain.

After dinner, Li Zetian took a short rest and then came to the study. There are a lot of things for him to deal with now.

…

"Chronos Li is really crazy. He keeps acquiring Southeast Asian companies and sells shares of Internet companies when he has no money!"

"Yes, Chronos Li's shares in Microsoft, Galaxy Networks, Yahoo, Amazon, TripAdvisor and other companies have been significantly reduced. As a result, the stock prices of almost all Internet companies have been affected during this period!"

“Isn’t it because Internet concept stocks are failing?”

"How could it not work? Senior investment experts on Wall Street said that this was just Chronos Li selling more stocks, which caused most Internet stock prices to fall. However, this is only a temporary phenomenon. Wall Street and investors are still optimistic about the Internet. It will not take long , Internet concept stocks will rebound!”

"Yes, I think many experts and professors say the same thing."

"Now, the stock price of Internet companies has dropped a lot, so I will quickly buy some. When it rebounds, I will make a profit!"

"Haha, heroes think alike, I think so too!"

"..."

In fact, many experts and professors received money from Dongfang Yuqin to preach that the Internet situation was great, thus deceiving and paralyzing those investors.

By the end of 1998, Li Zetian had cashed out at least US$400 billion!

Originally, Li Zetian held roughly 55% to 70% of the shares of the listed company, but now it has changed to 40% to 55%. This is why Li Zetian slowed down to avoid causing a stock market avalanche. If he were allowed to do it, the speed of cashing out would be very fast, and it would also very likely directly lead to the bursting of the Internet bubble!

New Year's Day is coming soon.

At the beginning of this year, Internet stock prices rebounded and the gains were rapid.

Li Zetian continued to cash out his shares unhurriedly. Since not much was sold at once, it was only a small wave on the huge Nasdaq. In addition, people have become accustomed to Li Zetian's selling of stocks and no longer fear it. Right now, the Internet market is so good and stock prices are rising sharply. Who doesn’t want to buy more?

At this time, Time Warner learned that Li Zetian was cashing out his shares in AOL, so he suddenly came to the door and expressed his desire to acquire AOL.

"Mr. Li, since you don't plan to hold AOL shares, you might as well sell them to Time Warner!" Time Warner CEO Bill Robert's small eyes flashed with shrewd light and he said to Li Zetian with a smile.

When Li Zetian heard this, he felt happy. Even if the Internet bubble had not burst, America Online was unable to compete with the competition from Microsoft, Yahoo, Google, Amazon, Tencent and other companies. Li Zetian is planning to sell all his shares in America Online.

"It seems that your Time Warner company can't provide so much money, right?" Li Zetian said calmly, with a calm expression on his face so that the other party could not see his attitude.

Bill Robert nodded and admitted simply: "Yes, that's right. However, if you are willing, Time Warner is willing to trade with equity!"

Li Zetian pretended to be thoughtful, but in fact he was already overjoyed.

After more than ten seconds, Li Zetian finally said: "Well, I thought about it and the method you mentioned is indeed feasible!"

"Mr. Li, since you agree, let's discuss in detail how to conduct equity transactions." Bill Robert said.

"OK!"

Li Zetian negotiated with Time Warner for a week and reached an agreement. Li Zetian was eager to obtain Time Warner's shares in order to acquire it in the future, so it didn't matter even if it was a slight concession. Furthermore, the Internet bubble is probably about to burst, so it is important to acquire Time Warner's equity as soon as possible to avoid long nights and nightmares.

Li Zetian also owns 51% of AOL's shares. After the equity transfer, Li Zetian obtained 27.5% of Time Warner's shares and is also the largest shareholder of Time Warner! AOL is basically a subsidiary of Time Warner, and the two companies have begun to cooperate more deeply and comprehensively.

Looking at Bill Robert who left happily after signing the contract, Li Zetian shook his head and smiled: "In a few months, I'm afraid I won't be happy anymore..."

…

Soon, in the blink of an eye, more than a month passed.

Among listed companies such as Microsoft, Galaxy Network, Yahoo, Amazon, TripAdvisor, etc., Li Zetian only holds 20% of the shares, and the rest has been cashed out. However, he is still the largest shareholder of major listed companies. Counting it all together, he has cashed out 1.2 trillion US dollars in funds, which is more than he currently made during the Asian financial crisis!

At this time, Li Zetian no longer wanted to cash out, lest he hold too few shares and lose the right to speak in the company.

Immediately afterwards, he invited Tian Shuai, Zhang Han, Bill Gates, Buffett and others to his home for dinner.

At the dinner table, Li Zetian said: "You all must know that I have sold a lot of stocks in listed companies recently. I invite you over for dinner today just to talk about this matter. In my opinion, the current Internet industry has an extremely serious bubble. , I’m afraid it will be shattered soon. Next, I will continue to cash out!”

Li Zetian glanced at them, and Tian Shuai and others all looked shocked!

Li Zetian suggested in a serious and sincere tone: "Here, let me give you a suggestion. In order to avoid risks, it is better to quietly cash out part of your shares!"

Zhang Hao frowned and said: "Mr. Li, are you sure that the Internet bubble will burst in a short time? When will it be?"

Li Zetian smiled and replied: "I can't say that for sure, but I feel like it's going to be fast anyway!"

Li Zetian didn't want to be too sure. In fact, even he didn't know when the Internet bubble would burst. As for how they choose, it's up to them. Li Zetian reminded them because they were all his partners and friends.

Everyone was thoughtful. In fact, everyone knew that the Internet bubble was serious. Galaxy Networks' market value had reached US$680 billion, and Microsoft's market value was not low, reaching US$605 billion. Obviously, the market value is artificially high, which is hugely different from the company's own scale and profit!

…

Starting from February 10th, the Nasdaq stock market became turbulent.

Tian Shuai, Zhang Han, Bill Gates and others listened to Li Zetian's advice and quietly sold their shares.

By early March, the NASDAQ composite index reached its highest point of 5048.62, and then began to decline slightly.

"Don't worry, everyone, this is just a correction in the stock market." Market analysts and experts said one after another.

Upon hearing this, investors' confidence returned.

However, an avalanche finally occurred for Internet technology companies. On March 8, a large number of tens of billions of dollars worth of sell orders for leading high-tech stocks such as Galaxy Networks and Microsoft happened to appear simultaneously on the morning of the first trading day (Monday) after the weekend. As a result of the selling, NASDAQ fell from 5038 to 4879 as soon as the market opened, a full 4 percentage point drop!

Li Zetian was very cautious when cashing out his shares, and tried to keep his selling orders below US$5 billion during the same period.

Nowadays, more than 10 billion US dollars of sell orders suddenly appear, which can't help but cause huge panic among investors.

The processing of bulk sell orders triggered a chain reaction of selling, and investors, funds and institutions began to liquidate.

In just three days, the stock prices of Internet technology companies plummeted, and the NASDAQ Composite Index lost nearly 1,000 points.

Afterwards, Li Zetian learned that it turned out that Tian Shuai, Zhang Han, Bill Gates and others all sold a big order on March 8, and it happened to be that morning, other shareholders also sold a lot of big orders. As a result, Added up, that's more than $10 billion.

In addition, Li Zetian has been selling shares before. In the eyes of others, it is obvious that Li Zetian no longer has confidence in the Internet.

Therefore, Internet technology collapsed, and it will never come back again!

Li Zetian couldn't help but smile bitterly, "If I hadn't asked Tian Shuai, Zhang Hao and others to sell their shares, the Internet bubble might have been able to last for a while longer. It seems that the culprit of the bursting of the Internet bubble is myself..."

However, Li Zetian looked back and thought that he had already cashed out anyway, so he didn't care about the flood.

At this moment, although Li Zetian is crazy about acquiring companies in Asia, he still has two to three trillion US dollars in cash reserves in his hands. He can be said to be a truly wealthy country! ! !

The disintegration of the Soviet Union, the Asian financial crisis, and the Internet bubble made Li Zetian's wealth accumulation reach an incredible speed. However, I am afraid it will be difficult to have such a good opportunity to make money in the future!

Now that you are so rich, it’s time to do something big, such as climbing the technology tree crazily, even regardless of the cost!

Li Zetian then began to make ambitious plans.

Tian Shuai, Zhang Han, Bill Gates and others later came to Li Zetian's home one after another to express their gratitude to him.

"Mr. Li, the Internet bubble has really burst. If you hadn't reminded me, I would have lost tens of billions of dollars!!" Zhang Hao said excitedly. He holds nearly 5% of the shares of Galaxy Network Company. According to Galaxy Network Company Calculated by market capitalization, Zhang Hao’s shares are worth nearly US$36 billion.

Li Zetian smiled and said: "How many shares have you cashed out?"

"I only cashed out 2.5%, leaving almost 2.5% of the shares." Zhang Hao said with a smile.

"At least 15 billion US dollars..." Li Zetian said.

Zhang Hao laughed, nodded and said: "13.5 billion US dollars, the stock price fell later."

Tian Shuai and Zhang Hao came together, and Li Zetian turned to look at Tian Shuai.

Tian Shuai said: "I sold 3% of my shares and cashed out US$16 billion!"

Li Zetian smiled and said: "Tian Shuai is more courageous!"

Zhang Hao curled his lips and said: "It's not that much different..."

After a pause, Zhang Hao asked in a low voice: "Mr. Li, do you think the market value of Galaxy Networks can be restored to more than 600 billion US dollars?"

Li Zetian thought for a moment and shook his head: "I'm afraid it's a bit difficult..."

Zhang Hao said angrily: "If this is the case, I should sell more shares!"

Li Zetian hesitated for a moment and said: "The current market value of Galaxy Networks has dropped from 6800 to 500 billion US dollars. I think it will continue to fall, or even fall below 100 billion US dollars!"

"How is that possible!!!" Zhang Hao opened his mouth wide with disbelief on his face.

"Mr. Li, are you wrong in your guess?" Tian Shuai couldn't help but frowned.

"I also hope that my guess is wrong... In short, the impact of the bursting of the Internet bubble is very serious!" When Li Zetian said this, he couldn't help but sigh slightly. In the final analysis, he is the biggest victim. However, after the Internet winter is over, these shares can be repurchased at low prices and make a lot of money.

In this case, the stock price simply fell even more sharply.

Tian Shuai and Zhang Hao's expressions changed, wondering if they should continue to sell their shares?

After the two had a meal at Li Zetian's house, they left in a hurry.

…

The Asian financial crisis has just ended, and the Internet economic crisis is coming again, which is really disappointing.

An Internet technology company goes bankrupt almost every day.

Time Warner is already on the verge of tears. It has only been a few months since it acquired AOL, and its stock price has plummeted, with its market value reduced by half!

Bill Robert called Li Zetian and complained.

Li Zetian also expressed that he was very sad.

"Mr. Bill Robert, you don't know. The Internet economic crisis broke out and I have suffered very serious losses. At least... at least 500 billion US dollars!!!"

Bill Robert almost rolled his eyes when he heard this.

"Mr. Li, who doesn't know that you have cashed out most of your shares before! Did you anticipate that the Internet economic crisis would come?!" Bill Robert asked curiously.

Li Zetian said: "I just know that the market value of Internet companies is generally inflated and the bubble is serious. I have no other advantages, but I am not greedy. Seeing that the market value of these companies is so high, I am worried every day, so I have prepared it long ago. Cash out. I never imagined that after I cashed out, within two or three months, the Internet bubble burst! Oh, this is really lucky for me..."

"Mr. Li, you are really a person blessed by God!" Bill Robert sighed.

"Well, yes, I think so too!" Li Zetian nodded and said with emotion, thinking, if I hadn't been reborn through time travel, I wouldn't be who I am now. God is really kind to me!