Reborn IT Giant
Chapter 226 Investing in Oracle Part 2
As a listed company, Oracle does announce the company's earnings for each quarter, but Larry Ellison did not expect that Zheng Yan would pay attention to it, and from what he heard, Zheng Yan also knew something about Oracle's current stock price.
Before this, Larry Ellison had always been an extremely confident person, even a little arrogant, thinking that he could control everything. But during today's negotiation with Zheng Yan, he suddenly felt that things were out of his control. However, Mingming
Among them, Larry Ellison seemed to have caught something again.
"Zheng Yan, you must have had the idea of investing in Oracle before this, right?"
Larry Ellison thought about it, Zheng Yan was interested in Internet-related industries, and it was not strange to pay attention to Oracle. However, the problem was that Zheng Yan paid too much attention to details. Larry Ellison suddenly felt that he had taken the initiative in negotiations again.
right.
Zheng Yan also understood that he had revealed a lot of information, so Larry Ellison was aware of his intentions. In order to regain the initiative in the negotiation, he compensated: "Yes, since the last time at Leonard's house
After the meeting, I had the idea of investing in Oracle, so I have been paying attention to Oracle's situation."
"But you also know that before this, Oracle has always been a star company on Nasdaq. If you want to invest, the funds involved are very huge, so I have been conducting investigations."
"After several months of investigation, I still have an interest in Oracle, but I have to consider the risks involved."
All in all, in a word, I am very interested in investing in your company, but there is a prerequisite, and that is the price must be right.
Zheng Yan knew that although he had made up his words, there were still some problems. Since he had spent several months investigating Oracle, his interest must not be as great as usual, and his interest in Oracle was Larriere.
Leeson’s biggest negotiating capital.
As the saying goes, it's wrong to say too much, but it's good to say nothing. After Zheng Yan finished speaking, he picked up the wine glass and took a sip of wine to cover up his guilty conscience.
In fact, Zheng Yan himself also overlooked one point. No one other than him can predict the future development of Oracle.
Looking at the entire Nasdaq, there are thousands of listed companies. Today, there are many companies that are optimistic about it, but there are many companies that will go bankrupt and liquidated tomorrow.
Because Zheng Yan knew the potential of Oracle, although he said that the risks were high, he subconsciously ignored the risks of this investment. In Larry Ellison's view, Zheng Yan's risk assessment was completely reasonable. In fact,
Not only Larry Ellison thinks so, but Leonard and Bill Miller on the sidelines also think so.
Larry Ellison is also a little confused. In fact, in his mind, Zheng Yan is not the most suitable financing target this time. Oracle's market value has dropped by nearly 40%. If an internationally renowned investment institution conducts
financing, then it will undoubtedly be light
The confidence of large investors has led to a rebound in the stock price. The reason why I chose to negotiate with Zheng Yan first is just because of Zheng Yan's interest in the Internet industry. After all, Oracle is Larry Ellison's hard work. If the price of selling shares is too low,
It is inevitable that I feel a little unwilling.
Before coming to New York, Larry Ellison had contacted several financing institutions, but the prices could not satisfy him, so he took advantage of Cisco's listing to try his luck.
"Zheng Yan, I admit that what you said is true, but there is another point. Before this, Oracle's profitability has been very good. This crisis is just because Oracle's expansion has been too big. I believe that after this crisis
, Oracle will definitely be able to reach a higher level."
"At present, Oracle can be said to have completed its global expansion plan. Next is the time to reap the fruits. At least it will not need to bear the risks of expansion in the future."
Larry Ellison has always believed that the Oracle crisis occurred because of its rapid expansion, but only Zheng Yan knew that Oracle’s biggest problem lay in its managers. Although Larry Ellison is the founder of Oracle, he is still a programmer when it comes to
Born in China, I am not good at business management.
Funding problems arise due to expansion too fast. It seems to be a funding problem, but in fact it is a people problem. This situation occurs because Larry Ellison did not budget well and just expanded without limit. Of course
, Zheng Yan knew that Larry Ellison was aware of this problem and was very
There will be improvements soon.
"Larry, I don't want to tell you the truth. If you raise $200 million in exchange for 12% of Oracle's shares, then I can accept it. Believe me, I know more about Oracle than you think."
many."
Larry Ellison suddenly felt uneasy when he saw the strange smile on Zheng Yan's face.
According to historical development, because of this crisis, Oracle exaggerated its financial situation and misled the public to raise its stock price. In the end, Oracle's stock price fell all the way. In the end, a long-lasting lawsuit was launched.
It was eventually settled, but Oracle also paid more than 20 million US dollars in compensation.
Zheng Yan doesn't know if this situation has already occurred, but one thing Zheng Yan is sure of is that even if Oracle's financial statements for the first two quarters are not exaggerated, Larry Ellison has already made plans in this regard. After all, Oracle
The situation is indeed not optimistic. Faced with the continued decline in stock prices, Larry Ellison certainly cannot sit still.
"No, Zheng Yan, you have to know that if the price is this, I think there will be many financing institutions willing to finance Oracle. Although I believe in your financial strength, your joining will not have an impact on public opinion for the company.
It will not help the company’s stock price rebound either.”
Although the price given by the financing institution contacted before was lower than Zheng Yan's quotation, it can affect investors' confidence in Oracle to a certain extent. Compared with the two, Larry Ellison does not think Zheng Yan is a good person.
Good choice.
Zheng Yan also knows his shortcomings. If the investment in oil futures has ended, then Zheng Yan will definitely not give in. Unfortunately, there is no if in this world.
"Larry, I can raise up to US$250 million. This is my bottom line. If you still can't accept it, then I can only say I'm sorry."
"Okay Zheng Yan, I hope we can have a happy cooperation. If you have time tomorrow, I would like to introduce a friend to you."
Larry Ellison finally agreed to Zheng Yan's conditions.
As for the friend Larry Ellison mentioned, although Zheng Yan was a little curious, she didn't ask much because she could see him tomorrow anyway.
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