Back To 1995

   Chapter 688 Eventful Autumn

"Congratulations!"

   General Electric Vice President Immelt and Comcast Vice President Brian Roberts raised their glasses to Song Yang.

   These words seem to be said to Song Yang, more like they are saying to themselves, the merger of ICQ and America Telecom, they seem to be a little more happy than Song Yang.

  Everything was difficult at the beginning, but the big merger finally opened, which made the big stone in Immelt’s heart fall to the ground.

   glanced at the noise outside, Immelt didn't know how the reporters outside would react when ICQ started the merger again in a few months.

   "Song, ICQ and America Telecom's business should be sorted out as soon as possible, we can't delay it any longer, there is not much time left for us!"

   Immelt once again warned Song Yang that Welch, the head of General Electric, will retire within a year or two, and now the competition for the head of General Electric has reached its final stage.

  The whole of America, even the chief and the trade committee, is watching who will be the next head of the behemoth General Electric.

  The media speculates that the most promising person to become the head of General Electric is not Immelt, but McNerney, who is in charge of the General Motors Group.

   After all, after GE acquired Honeywell, the most direct beneficiary was GE's engine group. McNerney could take advantage of this wave of transactions to become the new head of GE in one fell swoop.

   "General Electric's acquisition of Honeywell, is it a critical moment now?!" Brian Roberts asked Immelt.

  The situation of Brian Roberts and Immelt is somewhat different. He is in the Comcast Group and has no competitors. Old Roberts also likes to hand the Comcast Group to him.

But as a young man, who doesn't have the ambition to change the world, Brian Roberts also wants to make a difference, telling the old gang of Comcast board of directors that he is not the president of Comcast Group because of his surname Roberts. position, but because of his ability!

   When a giant of $200 billion or even $300 billion has been tinkered with, far exceeding the Comcast Group, Brian Roberts will replace the old Roberts and become the president of Comcast, and no one will object.

   Immelt took a sip of his drink and held the glass with his fingers, feeling uneasy, "General Electric's acquisition of Honeywell can't be successful, at least not until I become...!"

The few people now are grasshoppers on a rope. Immelt doesn't mind. In front of Song Yang and the two, he shows his thoughts. If he doesn't become the head of General Electric, Song Yang and Brian Roberts will wait for the counterattack of the new GE head, and he will definitely be the first to attack them.

   After a bit of intimidation, Immelt showed that gentle look again, and drew a big cake for Song Yang and Brian Roberts.

   "As long as the merger of ICQ, Comcast Network and NBC Group is completed, I will have the opportunity to surpass McNerney and become the new head of GE!

   At that time, General Electric can provide enough support for Song and Brian. "

Immelt claimed to be the "boss" and said that after he promised to become the head of General Electric, the benefits would be indispensable to Song Yang and Brian Roberts. With the strength of General Electric, he would ask for money and resources at that time. resource.

Of course, after the merger is completed, if ICQ's market value can reach more than $300 billion, then Immelt will control two giant companies of $300 billion, $400 billion, or even $1 trillion. The head of the market value is also unknown, so he will become the most powerful person in the history of America.

   Hearing Immelt's pie, Song Yang and Brian Roberts looked at each other. They had different thoughts, but still raised their glasses to Immelt.

   "The merger of ICQ and America Telecom will be completed within two months. I will immediately push for the merger of ICQ with Comcast TV Network and NBC Group!"

Song Yang said that the merger of tens of billions of dollars, even if it is acting, has to go through a process, not to mention two months, if it is slow, it may take several years. Of course, Song Yang did not have so much time to dawdle this time. .

   "The Comcast Group will fully cooperate!"

   "There will be no objection from the NBC Group!"

   Brian Roberts said eagerly, and Immelt said with certainty that no one would block the merger.

   After drinking a few glasses of wine, Brian Roberts said to Song Yang, "Forita's TV box seems to be selling very well!"

  Song Yang's heart was moved, and Brian Roberts could say it. Obviously, the TV set-top box of Fortis is selling really well.

Panda LCD TV, although its performance was mediocre and did not sell out, the Fortis TV box, which integrates ICNC TV, Comcast TV, NBC Group and Internet resources, has been launched and has sold nearly 100,000 Taiwan, the Fortis TV box with a unit price of 125 US dollars, can sell so much, obviously the performance is quite outstanding.

Fortinet TV box, because it is OEM by Yanjing's Alcatel Mobile Phone Industrial Park, there is no need to say much about the hardware cost, that is, the PA semiconductor chip in the box is worth a little money, and the rest, anyway, the profit of selling TV boxes , which is higher than the profit of selling Alcatel mobile phones, reaching as much as 55%.

In addition to selling hardware, the places where Forita TV box makes money include boot advertising, channel subscription, brand channel promotion, etc. Anyway, it is making a pretty good profit now. Although it has not yet become a cash cow, it is at least US dollars. .

"This is inseparable from the support of Comcast Group and NBC. The Fortinet TV Box will pay Comcast and NBC the first batch of hardware sharing, advertising sharing, program licensing fees and other expenses as soon as possible! "

Song Yang said to Brian Roberts that the Fortis TV box sells well because there are many programs and TV channels. Without the support of Comcast and NBC, the Forita TV box is just a piece of scrap iron, so even if The US dollars earned must be distributed to Comcast, and the Fortis TV box has to be given money.

Brian Roberts nodded with satisfaction, he was just reminding Song Yang that the emergence of the Internet has brought about great changes in the entire media industry, and TV channels are no exception. Comcast Group has also seen this, TV Box It's a new attempt, but the knife that belongs to the Comcast Group must be obtained!

Immelt lost interest when he heard that the current TV box market is only a tens of millions of dollars. He is now trying to win over Song Yang and Brian Roberts, some petty profits, he doesn't care at all, let it go Also let it go.

   At the banquet on the lawn of the villa, Pellet Greene walked up to Paulson, who was chatting and laughing with a group of Wall Street figures, and whispered a few words to him.

   Paulson glanced at the attic where Song Yang and Immelt were staying, and pursed the corners of his lips, like a shark smelling fishy.

Paulson has invested nearly billions of dollars in ICQ. ICQ can not reach today without the support of Goldman Sachs. Paulson spent so much money, but it is not used to do it. charitable.

If ICQ can't meet expectations, Paulson will have to find Song Yang to do a good calculation. Of course, if it can meet expectations or even exceed expectations, then Goldman Sachs' stake in ICQ can be cashed out several times or even dozens of times. profit!

  Irene was clinking glasses with a group of people when a voice suddenly came out, "WorldCom has acquired MCI for $40 billion!"

  The sudden news made the scene a little noisy. Today, there are almost all kinds of hot news. The lingering smoke of ICQ's merger with America Telecom has not disappeared, and WorldCom has made a big move.

   Hearing the sudden news, Irene was slightly surprised, but she didn't show it, and soon returned to normal.

Many people present bought a lot of stocks. After all, America's most profitable way to do this seems to be stocks. Many people gathered in twos and threes to discuss the consequences of WorldCom's acquisition of MCI. Influence, there are people who hold WorldCom shares, and they can't help but shout with excitement.

  Paulson, Edison, and the people from the telephone and telegraph group who were really affected all had different expressions. This news is indeed a big news.

   In one day, two consecutive mergers and acquisitions of more than 10 billion US dollars, this continuous big movement, let everyone understand that the current technology industry seems to have reached the point of trouble!

   Just now, many media who were still chasing after ICQ's merger with America Telecom began to turn their heads and touted the emergence of the "WorldCom Telecom Empire".

"WorldCom completed the acquisition of MCI at a price of $45 per share, which will be three times the size of its own MCI. Since its establishment, WorldCom has completed more than 70 acquisitions and is now officially America. The second largest telecommunications operator after the Telephone and Telegraph Group!"

The American Telegraph reported on WorldCom's acquisition of MCI and believed that WorldCom was already the second largest telecom empire in America. At this time, everyone knew what WorldCom was going to do next. Beyond the telephone and telegraph group, became America's largest telecommunications empire.

When the market opened the next day, it was no surprise that the stock prices of ICQ and WorldCom led the rise in Nasdaq and the New York Stock Exchange. ICQ's market value sprinted to 100 billion US dollars, while WorldCom's stock price exceeded 70 US dollars, and the market value was officially announced. Breaking through 200 billion US dollars, it has almost reached its peak. Internet concept stocks and telecommunications concept stocks, also stimulated by them, collectively began to skyrocket.

At this time in Amelica, countless stock gods began to appear, and analysts from major securities and investment institutions also appeared numerous big bulls. After all, at this time, I really closed my eyes and bought any Internet or telecommunications stock, one day. Up 10% or even more than 20%, close your eyes to make money, it seems that as long as you put money in, you can directly double.

   In this atmosphere, countless people in America and even overseas have begun to invest their money in it. The frenzy of the Internet is almost unstoppable. In America, in almost all walks of life, you can hear the voices discussing Internet stocks!

   (end of this chapter)