Back To 1995

Chapter 821: back leg

  Sitch Moore, like other senior executives of WorldCom, sat there watching, listening to Bernard Ebbs scolding Fang Qiu and pointing the country.

  From UUNET Telecom, acquired by MFS Telecom, and then MFS was won by WorldCom. From last year to this year, Sickey Moore kept changing his family and wandering among several big money owners.

   After selling UUNET, Sitch Moore is now worth a lot, but from the excitement when he first came to WorldCom, he became exhausted.

He thought that WorldCom would be able to do a great job, but after coming to WorldCom, Sitch Moore found that it was completely different from what he imagined. Bernard Ebbs was like his nickname, the emperor of telecommunications. , act arbitrarily, and do not tolerate the slightest difference of opinion.

The fact that WorldCom has reached the point where it is today is certainly inseparable from the credit of Bernard, who brought WorldCom to where it is today, but Sickey Moore believes that the times create heroes, rather than heroes create the era. To put it bluntly, Western Chi Moore believes that Bernard is completely in the telecommunications industry's explosion period.

  From short-distance local calls to long-distance calls, to international calls, satellite calls, TV networks and today's Internet and broadband, the telecommunications industry has always been expanding into new areas, allowing a telecommunications company to continue to develop.

WorldCom, as well as Southwest Bell, Princeton, and Verizon, are all in line with the trend of the times. In the words of the Internet upstart Bruno Songde, standing on the wind, a pig can fly. !

  Worldcom has undoubtedly been in the limelight for many years. In recent years, it has become a giant telecommunications group that can compete with the Telephone and Telegraph Group through a series of major mergers and acquisitions.

But Sitch Moore feels that this does not mean that Bernard Ebbs is really the omnipotent telecom emperor. Compared with the Telephone and Telegraph Group, WorldCom's foundation is too weak, and it has acquired so many companies. Except for the good-looking data on paper, the rest is useless, and it can't even bring a little bit of revenue to WorldCom.

Even Sitch Moore felt that in a few years, WorldCom would not be able to compete with America Telecom. America Telecom dominates the broadband and mobile network markets. The revenue growth is astonishingly fast, and the profit margin is the highest in the entire telecom industry. For a year or two, Sitch Moore felt that WorldCom might not be overtaken by America Telecom. If WorldCom could live to that time...

  Sitch Moore also persuaded Bernard to let WorldCom stabilize first and integrate the business and personnel of the seventy or eighty companies that were acquired.

However, although Bernard Ebbs did not reprimand Sitch Moore, he was obviously displeased. He told Sitch Moore not to focus on unimportant matters. Sitch Moore, who had hit a wall several times, He also became silent. He wouldn't say a word in a meeting like today.

   "No matter how much the purchase price is, how much it pays, $100 billion, $150 billion, or even more, WorldCom will get Princeton Telecom!

   As long as it gets Sprint Telecom, WorldCom will become the overlord in the global long-distance telephone market, and can get broadband, mobile network, TV network and many other industries. "

  Bernard Ebes looked relaxed, as if this matter was a certainty, and threatened to acquire Sprint Telecom, all the troubles of WorldCom could be solved easily.

   "I believe that Sprint Telecom absolutely cannot refuse WorldCom's acquisition. As long as they are willing, WorldCom can give everything. As long as 24 hours, Sprint's board of directors will agree to this transaction!"

   Looking at the relaxed and confident Bernard Ebbes, many executives in the conference room were hesitant to say anything, but in the end, like Sitch Moore, they silently closed their mouths again.

   glanced at Bernard, Sitch Moore really couldn't figure out where Bernard Ebbs came from, and was sure that Sprint Telecom would absolutely agree to this big merger.

For a major merger of more than 100 billion dollars, Sprint's board of directors held a one-day meeting, and I didn't know if it would yield results, not to mention the America Communications Commission, the Federal Trade Commission, the America Inspection Agency, the Antitrust Department, and Congress. Shan and a series of other institutions agree, the deal is likely to take effect.

  Even if America can get it done, and the European Trade Commission, it will be a big trouble, and it also needs to be done.

Last year's major mergers and acquisitions of ICQ, Comcast TV Network, and NBC Group, from the inside story dug up by the media after the event, the top management of several companies in this major merger and acquisition has been hooked up for a long time, but it adds up. It took nearly a year to get it done, not to mention the merger between AOL and Time Warner.

   Now that Bernard Ebbs expects that he will be able to pocket Sprint Telecom within 24 hours, Sitch Moore really can't figure it out!

The meeting at WorldCom's headquarters didn't last long, and all the executives dispersed. After leaving the meeting room, Sitch Moore heard some voices, some questioning the acquisition, and some complaining that the time was too short. But most of them were whispers in twos and threes, and no one dared to accuse Bernard Ebbes.

   "Another sleepless night!"

WorldCom's senior vice president in charge of marketing, like Sitch Moore, was promoted from MFS Telecom to WorldCom headquarters, and Blint said to Sitch Moore with a wry smile, the relationship between the two is quite Closely, among WorldCom executives, they are all outsiders.

   "Do you think this acquisition will work?" Sitch Moore couldn't help asking Blint.

  Brint first looked around, then whispered to Sitch Moore, "Bernard doesn't like to hear, someone questioned his decision!"

After    finished speaking, he complained in a low voice, "Who knows, he always only asks about the results. If the acquisition of Sprint Telecom fails, it is likely that WorldCom's stock price will collapse. Then..."

Everything about WorldCom is built on a high stock price, and there are leeks willing to pay for it. Well, the current WorldCom, as Boss Jia said, is suffocating for dreams. Betting with real money and silver, betting that WorldCom is invincible in battle, can eat opponents one after another, and once they lose a battle, no one dares to think about the consequences.

  Sitch Moore is a big technical expert, not an expert in playing stocks. Hearing Blint's words, he felt that WorldCom seemed to be walking a tightrope. He wanted to say something, but Blint pulled him away.

  Song Yang's car drove into Austin, Song Yang flipped through the email in his hand, just after Christmas, the technology industry started to get noisy.

In addition to ICQ preparing to acquire the Bronfman Group, and WorldCom preparing to swallow the elephant again and eat Sprint Telecom, other technology companies also have continuous acquisitions, large and small. AOL and Yahoo are also buying all the way. buy buy.

Although Yahoo did not acquire giant companies, it was a small company that kept on making acquisitions. After the beginning of the year, it made two more acquisitions. For US$2.87 billion, it acquired the world's third largest virtual community and personal web server GeoCities website, the world's largest virtual network. Community is ICQ's space.

  In addition to this transaction, Yahoo is also preparing to spend another $5.7 billion to acquire Broadcast, an online broadcasting business!

   Yahoo is going to use this company to enter the Internet broadcasting industry. I have to say that this gimmick and concept are indeed no problem.

But that is to say, is this concept a bit superfluous now? Before the advent of mobile phones and mobile Internet, listening to the radio on a computer is a bit of a fart. Xue Leshan online game platform to play games, isn't it fragrant, you have to listen to the broadcast without pictures, the broadband fee of America Telecom is very expensive, okay?

   The founder of this Broadcast website is Cuban, the one who bought the NBA Mavericks. Without Yahoo's assists, he would never have bought the NBA team!

  Although the acquisition was done with Yahoo's stock, it didn't use much cash, and in fact Yahoo couldn't take out that much cash, but Song Yang couldn't help shaking his head when he saw Yahoo's prodigal behavior.

You can also see how far the Internet industry is today. Yahoo is doing such an outrageous transaction. I don’t know if there are any rebates in the middle, but there are still so many leeks supporting Yahoo. The more Yahoo acquires, the higher the stock price. !

   If you don't cut a leek, you'll be sorry for the knife in your hand. It's not that Song Yang has to cut the leek, but the leek is already getting high, so he doesn't look at the idol he supports, what the **** is that!

   In addition to these companies, Song Yang also saw a familiar company, Google, which is in the search business.

Seeing Google's name, Song Yang couldn't help but be silent for a moment. He sat in the co-pilot and was observing the road conditions. Ulf, who was looking through the rearview mirror, saw Song Yang, who was in deep thought, and nodded to the security guard driving the co-pilot. The latter slowed down the speed of the car.

It has been three years since Google was established today, but the name and LOGO have been changed in the middle, but it is still tepid. Last year, Google wanted to sell it to Yahoo at a price of one million dollars, but... Yahoo! Not on Google!

It's no wonder that Yahoo's eyes are higher than the top. It's really Google at this time, and there is nothing too surprising. In the search industry, Yahoo itself is the big brother. In addition to Yahoo, there are AOL, Lycos, Infoseek, Excite, AltaVista, etc. All search brands and even ICQ have an internal search development team that provides search services for their own internal products.

  Companies that play portal websites now have their own search teams. In the case that the search business has not become a powerful tool to attract money, it is actually a loss of money to play the search business alone!

What really made Google develop is that Yahoo cut its own arm and packaged its search business to Google, just like when Netscape gave its search business to Yahoo and let Yahoo start, Yahoo also did The same choice as Netscape back then.

Google is still just a young seedling. If Song Yang wants to enter the search industry, there are two paths in front of him. One is to invest in Google. It is not expensive to buy Google now. Big founders absolutely sell.

Another way is for Song Yang to launch a search company of his own brand. Song Yang now has more traffic than Yahoo, ICQ, Xue Leshan online game platform, PayPal, Forita Antivirus, eBay, Google and others. The soon-to-be-launched Wikipedia, coupled with Alcatel mobile phones and Apple computers, if they all use the same search brand, they will definitely not be able to develop.

After thinking for a while, Song Yang shook his head. It seems that there is no need to worry about this matter. Let the North American Global Investment Fund give Google an offer. If Google agrees, then it will be included in the bag. If it refuses, Song Yang will launch a new search brand to compete with Google.

  Song Yang will not be indecisive like Yahoo. He will be bitten instead of fighting a snake. He will not buy the other party, and he will package the search business to the other party, for fear that the other party will not grow up.

If Google really wants to reject Song Yang's offer, then it will face a series of all-round blows from the power of thunder. Song Yang doesn't mind using all his strength, and even some means outside the Internet, including but not limited to physical means, Its server is out of service, being kind to the enemy is cruel to its own people. Song Yang doesn't want to be like Yahoo. After a few years, even the headquarters has been acquired by the other party. The law fights back!

After    sent an email to Marcus, Song Yang received a call from Bethes, the head of the Telegraph Group.

Bates' call was succinct and straight to the point, "Song, I need America Telecom and T&T to report to Capitol Hill, the FCC, the Federal Trade Commission, the Antitrust Office, WorldCom and Sprint. Initiated takeover protest!

  Telegram Group will never allow WorldCom to acquire Sprint Telecom, no matter what means, Song, let your gang on Capitol Hill move! "

  Bates is going to join other telecommunications companies to protest against WorldCom, disrupting WorldCom's merger.

   "Song, this is not a request, but a request!" Bates heard that Song Yang didn't respond, and said in a different tone, making the dignified president of the Telephone and Telegraph Group bow his head, obviously being forced by WorldCom.

   "Of course," Song Yang chuckled, "America Telecom will always stand with the Telephone and Telegraph Group. There should not be any illegal transactions in the telecommunications industry. This is unfair to other telecommunications companies!"

After    hung up the phone, Song Yang observed a moment of silence for WorldCom. If this acquisition failed, WorldCom would definitely collapse. Once it collapsed, the telecommunications industry also collapsed.

If nothing else, ICQ's performance this year is not expected to be much better, and the same is true for AOL. These two Internet giants with a market value of more than 300 billion US dollars have problems at the same time. Will the entire Nasdaq be brought down? Song Yang was not sure.

  If the collapse of telecommunications and the Internet is not enough, you can add Enron in the energy industry and Arthur Andersen in the accounting industry, all of which can be put together...

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