Silicon Valley

Chapter 63 Cisco's Press Conference

Henry stood on the top floor of the high-rise building and looked through the glass window at the endless stream of people in the distance, as if their fate was under his control!

"I'm here, the world has changed because of me!!!"

"I want to hold the throat of my destiny, I want to step on the enemy's bones, and I want to become the master of the technological world!!!"

The sharp light in Henry's eyes flashed away, he looked down at the manuscript on the table, and muttered: "Since the purpose of taking back Cisco's shares has been achieved, it's time to raise Cisco's share price!"

Henry picked up the phone and called John Chambers: "Chambers, execute the UP plan immediately!"

"Okay, I'll arrange it right away!!!" John Chambers responded.

The UP plan is a stock price recovery plan planned by Henry and John Chambers and others. The main content is to clarify the negative news of public opinion!

All relevant materials were ready, Cisco then notified the media and held a press conference at which John Chambers delivered an important speech.

"Cisco's stock price has suddenly plummeted recently, but the main reason is that some people deliberately gossip, spread rumors, and slander and slander Cisco, which has a very bad impact!!! The newspaper said that Cisco Lost $200 million in the last quarter, in fact, it's just gibberish and nonsense! Cisco did spend $200 million, but it wasn't a loss, it was a normal operating cost to make money in the future More money!!!" John Chambers said later, his tone was very passionate and infectious!

He paused, then said, "So, where did we spend these two hundred million dollars?"

John Chambers glanced at everyone and said loudly: "We all use it for the network deployment of worldNet. The wider the world is, the more money Cisco can make! If it spends 200 million US dollars, Cisco can To earn a billion, or even more, shouldn't these two hundred million dollars be spent?!"

After John Chambers finished speaking, there was a sudden applause from below!

After a while, John Chambers raised his hand to signal everyone to be quiet, and then said: "In the news, there is a conflict in Cisco's management, and some high-level executives want to change jobs! This is obviously a rumor. Here, I will announce to you one. Data, Cisco's management's options are the highest among all listed companies, with a share of up to 10%! Do you know how much a 10% stake means? Before Cisco's stock price plummeted, it was $5 billion!!! Thinking of $5 billion, which executive would be willing to give up Cisco, give up options, and instead jump to other companies?! No one!!!”

"As for the negative news that the factory had an accident and caused casualties, it was actually deliberately slandering Cisco! Here, we made a special trip to collect information and confirmed the truth of the matter: the factory did have an accident, but it was not Cisco's factory. It is a factory that produces TV sets. As we all know, our Cisco products are network equipment, and we have never produced TV sets. We seriously condemn this low-level slander and will pursue its legal responsibility!!!”

"At the end of this conference, I will announce some of Cisco's financial situation in 1989 in advance here!"

Speaking, John Chambers took out a piece of paper and said loudly: "In 1989, Cisco's revenue exceeded 3 billion US dollars, and its profit was as high as 600 million US dollars! And with the vigorous deployment of the national network backbone network, we expect Cisco The company will double its revenue next year!!!”

clap clap clap! ! !

The camera's flash suddenly flashed, John Chambers smiled slightly, the gentleman bowed and thanked him, then turned and left the scene.

"Chambers, well done!!!" Henry watched John Chambers' speech the whole way below, and gave him a thumbs up after the end.

The next day, major media reported on Cisco's press conference yesterday.

The New York Times: "The most expensive slur of the century - $20 billion!"

Silicon Valley Magazine: "We knew Cisco was good!!!"

US ABC TV: "This station reported that Cisco held a press conference yesterday, and the company's CEO, John Chambers, responded to the recent plunge in Cisco's stock price. He claimed that the main reason for the plunge in Cisco's stock price was that someone deliberately targeted Cisco. Defamation and slander, and then John Chambers explained and countered the negative news in the newspapers one by one!... Facts have proved that Cisco is indeed slandered. As for who is deliberately targeting Cisco, at present It is still under investigation. At the end of Cisco's press conference, the company's CEO, John Chambers, announced Cisco's financial situation in 1989. In 1989, Cisco's revenue exceeded 4 billion US dollars, and its profit reached 800 million US dollars. Revenues will double next year!!! This concludes today's show, welcome to ABC News, my host Frank Wilde..."

As soon as the news came out, Cisco's stock price began to rise, and the speed of the rise was simply jaw-dropping!

A week later, Cisco returned to a market value of 50 billion yuan. Looking at its signs, it seems that there is a continuing upward trend! ! !

Sure enough, Cisco's stock price continued to rise, and it was expected to break through the 60 billion mark, but it finally stopped at $56 billion!

AOL has long known that Cisco's stock price plummet is very abnormal, so it closed quickly, and if it is still short, it will be a tragedy!

AOL headquarters.

Steve Case said: "I have to say, Cisco is playing beautifully!!!"

Ford Brook quickly guessed the meaning of Steve Case's words and said, "Is this all directed and acted by Cisco?"

Steve Case nodded and said: "It should be right, they know that they don't have enough funds to stabilize the stock price, so they simply don't resist, or even self-defilement, so that the stock price falls faster, so as to take the opportunity to recover more shares Afterwards, he stood up to clarify the facts, and the stock price will naturally rise, but I didn't expect that Cisco's market value is actually higher than before!"

Ford Brook said with lingering fears: "Fortunately, we ran fast. If we were greedy, I'm afraid we would lose money!"

Steve Case sneered: "Short selling has great risks, but also great benefits. Although we AOL and Sequoia Capital closed early, but other people in the alliance, I can't guarantee it. ?!!"

"You mean Bernard Ebers, CEO of Worl Corporation?" Ford Brook thought for a while and suddenly said a name.

"That's right!" Steve Case nodded, "I had informed him before, but he didn't seem to agree. I guess he might be finished..." (Please support!!!)

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