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Chapter 721 US Stocks

"Where is it?" Unfortunately, Jack Lee did not understand Zhou Zhi's sarcasm at all: "Without you, we would not have seized this opportunity. I can become the first person to eat soup in Hong Kong. You are my yellow elbow."

Great Immortal!"

"It seems that Wong Tai Sin's real body is a weasel, right?" This metaphor made Zhou Zhi a little unhappy: "If you have nothing to do, then just fail. I'm just finishing the questions."

"Quick question? What do you mean?"

Zhou Zhi could only roll his eyes: "I am a senior high school student in Class 1, Grade 3, Jiachuan County Middle School, Manzhou City, Bashu Province, Republic of China. I have one year left to take the Republic's great national unified examination for admission to ordinary colleges and universities. This will be the first time in my life.

The most important and critical node, people in our country compare it to 'thousands of troops crossing a single-plank bridge', can you afford to delay it?"

"Isn't it just to take the university entrance examination? You are so serious? If your English is so good, just take TOEFL and then come to Hong Kong to study at the University of Hong Kong or the Chinese University of Hong Kong. In the future, you will be a boss on Hong Kong Island and live in a sea-view villa.

Yacht, how happy you are."

"Thank you, but I am an ideal person. I want to study for the rise of China." Zhou Zhi also likes to tease Mengzi with Jacket Li.

"Without China, you will not rise? Analysts from our accounting firm don't think so." Jack Lee said with a smile: "The Cantonese food in Hong Kong Island is really good..."

"I'm too lazy to pay attention to you. I'm really dead."

"No, no, no, we still have to discuss how to handle your entrusted funds."

"What do you mean?"

"Listen to me...Dear Mr. Zhou Zhi:

You respect me and don't think our company is humble. You have entrusted us with huge sums of money. You have great trust and have given us timely instructions.

Our company has worked diligently and diligently, but fortunately we have lived up to our expectations, and we are happy to report to you.

Your valuable assets in our company have now increased to US$25,746,632.62.

Even if the clouds, dragons, winds and tigers are gone, the weather and luck will always be with us. Our company will continue to repay you with sincerity, keep your pure wisdom, and finally live up to your trust."

"Well, this paragraph sounds good when read in Cantonese. How about you repeat it in Cantonese?"

"Don't make trouble!"

Zhou Zhi laughed loudly: "What is this? Did you write it?"

"It was written by someone from my work unit." Jack Li and An Xin learned to call the company their work unit, and both of them were silent: "This is a letter for VIPs. I just read it to you, so I was too lazy to send it separately."

"It's up to you."

"Now we are discussing how to manage this money." Jack Lee said, "I don't know if you have any ideas."

"How does your law firm generally operate?"

"Generally, we just carry out careful allocation of assets, such as real estate, stocks, and futures around the world. We also have our own trust funds with many plans..."

"No need to bother," Zhou Zhi said, "Can our fund hold U.S. stocks?"

"Yes, we have a mandated account with the New York Stock Exchange, but the settlement date is one day later than the New York Stock Exchange."

"That doesn't matter." Zhou Zhi said, "Then leave me five million dollars and buy the rest into stocks."

"I wonder which industry in America Zhou Sheng is more interested in?"

"Buy me half an IBM and half a half an Apple."

Jack Li was shocked: "Zhou Sheng, do you know the current trend of IBM? It has plummeted by 40% in the past six months, and coupled with the impact of the currency crisis, it is still falling."

"Really? Then let's configure two-thirds of it with IBM and one-third with Apple."

"Are you serious?"

"Seriously, a big drop is a good time."

"Zhou Sheng, I think I need to remind you that IBM is going through a crisis now."

Then the other end of the phone seemed to be checking the stock quotes. After a while, Jack Lee said: "Oh, Zhou Sheng, I really don't think this is a company with a future. From 1986 to 1990, in four fiscal years,

, its operating income has an annual growth rate of only 3 to 6%, which cannot match the growth of operating expenses, resulting in a substantial decline in profits."

"In 1986, its net income dropped to US$4.79 billion from US$6.56 billion in the previous year, a decrease of 27%. By 1989, its net income dropped to US$3.72 billion."

"Although it achieved a surplus of US$5.97 billion in 1990, most of this profit came from some short-term factors. Its senior leaders did not realize the unstable factors of this performance, but believed that the reform was initially effective."

"Misled by this understanding, securities analysts also optimistically predicted that IBM's profits in 1991 would reach US$7 billion, and Akers himself promised to increase stock dividends by 35%. However, by the first quarter of that year, IBM's

That is, a loss of US$1.7 billion occurred.”

"At the beginning of this year, securities analysts once again predicted that she would have a surplus of $4 billion this year. I don't know if you were affected by this news and decided to buy this stock."

"What I want to tell you is that after IBM lost US$2.86 billion in 1991, it has even suffered a huge loss of US$3 billion this year, which is rare in the business world. The industry predicts that IBM's total loss this year will reach US$5 billion.

Dollar!"

"So scary?" Zhou Zhi was an information technology science student working in a state-owned enterprise in his last life. He knew the price of IBM's servers and how IBM was so prosperous at that time. He had no idea that IBM was so miserable now: "What about Apple?

Woolen cloth?"

"We are still not optimistic about this company." Jacket Li probably shook his head crazily over there: "The Macintosh computer promoted by Apple cannot shake IBM's leading position in the PC field. Company founder Steve Jobs and CEO

The conflict between John Sculley led to Jobs and his friend Steve Wozniak both leaving Apple. Jobs also sold all his Apple shares."

"What?" Zhou Zhi was even more surprised: "Old Qiao left Apple?"

"Yes, affected by this, Apple, like IBM, has seen its share price fall by 50%, and the trend has not improved."

"Fuck me..." Zhou Zhi was frightened: "Then let me think about it..."

"It seems that Zhou Sheng is very interested in the information industry." Jack Li said: "If this is the case, can software be considered?"

"Yes! Microsoft! How is Microsoft doing now?"

"Well... Microsoft is also in trouble now. Because of some copyright issues in WINDOWS 1.0, it had a lawsuit with Apple and Xerox about the graphical interface. This lawsuit lasted for six years, and it was not until 1990 that it won the lawsuit. Although it developed steadily

, but it also dragged down the stock trend."

"That's it, what about now?"

"Now Microsoft is facing a new problem, which is also related to IBM. It has a deep cooperation with IBM, has cut off cooperation with Apple, and important shareholders within the company have left. These have also caused anxiety in the market."

This is a bit funny. Microsoft's take-off started when the DOS system was adopted by IBM. Later, it developed a graphical interface on this basis, which is the WINDOWS system that everyone is familiar with. Because of the GUI design, it had a protracted copyright lawsuit with Apple.

After finally surviving the lawsuit, he barely won the case, but then his collaborators suffered a major decline, and they continued to be dragged down.

But Zhou Zhi knows that Microsoft has not stopped. Even next year, it will launch an operating system adapted to networking, WinNT.
Chapter completed!
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