Start with a Cat and Mouse Game
Chapter 753: True or false can confuse the opponent
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It is not that there are no computer companies this year, but the goal of all companies is large and medium-sized servers.
Let's not talk about the second child and other younger brothers outside of IBM.
The market value of IBM alone is $170 billion, which is more than four times higher than the 40 billion assets controlled by Citigroup.
The existence of the Big Mac means that any company that wants to enter the computer industry will become an enemy of IBM.
Fortunately, like the problems of all giant enterprises, IBM is blinded by the benefits of large servers, and there are too many internal factions. It is not that simple to change its strategy when medium and large servers are still profitable.
The personal computer department was established in the 1980s, and it was noisy for several years before it was approved.
In addition, no one expected that the development speed of personal computers would only take ten years, and the profits would far exceed those of medium and large servers.
When IBM realizes this, although they are not short of money, they are also not short of technology, and they are not short of relationships and policies.
But hardware, software, and patent barriers on industry standards have made it impossible for them to easily lead or kill most of the PC companies in the market.
At this time, one is to continue research and development to maintain the dominant position of medium and large servers.
One is that in their opinion, the competitors have too many personal computers, and IBM hesitates again.
Otherwise, there is still room for personal computer companies.
When the Internet industry begins to exert its strength and the era of real violence in the computer industry begins, the decline of IBM will be inevitable.
The continuous update of profitability and technology will allow the rising personal computer companies to counterattack the medium and large server fields.
And Citi’s shareholders’ meeting agreed that Li Changheng would take a stake in Xerox and enter the personal computer industry.
The first is a word processor, which is a computer.
In fact, it is an electronic printer that is more advanced than a mechanical typewriter and can be connected to a printer.
Without Citi's public statement, Morgan, who participated in the board of directors, didn't care much about it.
IBM, which is held by Morgan, will not care about this.
On the contrary, because he and the other 7% of shareholders abstained from voting, Morgan has always wanted to know what are the few projects that are kept secret from them.
What made him even more annoyed and helpless was that if he hadn't abstained from voting, he wouldn't even have the qualifications to know whether these projects existed.
Moreover, two days have passed since the opening of the board of directors and the signing of the contract today.
I want to hear from the 93% of the shareholders who support it, that the exchange of benefits can never be negotiated in two or three days.
What made him helpless and anxious was that Rockefeller turned around to support Li Changheng this time.
Fortunately, there is no shortage of smart people in this world. Call the group's high-level staff, count them, and combine with Li Changheng's several achievements in the financial field.
It was quickly concluded that among those projects, one of them was likely to involve the financial sector.
For a group like Morgan that started from finance, as long as you enter the market, there are no secrets.
The only question is how long will it take to find out Citi's actions.
It was found quickly, and what I ate was not soup, but fatty meat.
When the speed is slow, the layout is too late, and the profit is not enough, there are still many ways to make trouble.
But the thought of Li Changheng's gambling war broke out, Morgan became even more depressed.
Once it starts, there are many things that cannot be led by a financial group.
It is better for everyone to look forward to the outbreak of the war, and the US capital will have the opportunity to take both ends.
Choosing between great interest and staring at Li Changheng against the trend is a simple multiple choice for any qualified capital.
And this is probably the main reason why Morgan didn't bother at all in these two days.
When it came time to cooperate, Capital was very patient and sincere.
When it was time to be cruel, capital never had morality and kindness at all.
.......
After there was a lot of noise at the signing ceremony, the smiles on the faces of the six Citi executives sitting on the rostrum remained the same.
The people at the scene quickly became confused again.
Even if Li Changheng is really stupid, no one believes that all Citi shareholders will accompany him stupidly.
The scene soon became quiet.
Li Changheng continued without explaining, "In addition to the three items above, there are a few small items attached.
Because of business secrecy, although I can't say it today, you should be able to see it from Citigroup's actions soon.
However, in these projects, Citi and I will jointly invest at least US$400 million and hold 50% of each other's shares.
Moreover, you have seen these decisions, and I have the support of 93% of shareholders. "
God, the first thought in the hearts of all reporters is that Citi is crazy.
Holding 50% of each other's shares is equivalent to saying that Li Changheng, who holds 17% of Citigroup, will gain the dominance and share advantage of these unknown projects.
No matter how you look at it, you can feel that Citi is actually at a disadvantage when it comes to buying shares, and Li Changheng is the biggest winner.
As for agricultural, TV sales, office automation and computer projects.
Among all the people on the scene, except for the shareholders who participated in the board of directors three days ago, few were optimistic about it.
Regardless of inflation, the prices of many agricultural products are rising.
However, the United States is sparsely populated, and it is too simple to increase production.
Not to mention the four monopoly giants, ordinary ranchers and farmers, as long as they have collateral, it will be easier to get bank loans.
Anyway, in case it doesn't go, the bank will collect farms and pastures, and at least it won't lose too much at an auction.
Moreover, everyone knows that after everyone increases investment in agriculture, it will take less than a year or two for crop prices to slow down, or even plummet.
In the past two years, UU reading www.uukanshu.com Citi should have just finished sorting out the agricultural and animal husbandry assets in its hands.
Some capitalists who are thinking about buying tomorrow or increasing their holdings of Citigroup's shares have already begun to hesitate at this time.
However, shareholders who participated in the board of directors three days ago knew in their hearts that the so-called vertical farm was nothing but a smoke bomb that everyone used to prevent the stock price from skyrocketing.
Lest they are optimistic about the future of Citigroup, because of the mobilization of funds, they cannot grab more stocks in the market.
And Citi’s method of restricting Morgan and Rockefeller is very simple. Except for Li Changheng, everyone buys the scattered stocks in the market in the same proportion.
Li Changheng, who proposed this method, won the support of about 30% of minority shareholder representatives in one fell swoop.
The funds of these forces are definitely not comparable to large groups, so with this restriction, small shareholders are the biggest beneficiaries.
As for other forces, increasing their holdings in the same proportion is not the best result, but it is impossible for everyone to believe what Li Changheng says.
Given that Morgan and Rockefeller could be restricted, most shareholders quickly supported the decision.
Of course, vertical farms have really moved this group of shareholders and major forces that have never heard of it in this era.
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