Hollywood Hunter

Chapter 608: Financial report and crisis (2)

As a pioneering new technology company in the Internet field, Eaglet has no corresponding case before. Therefore, when the financial report is announced, the media generally assess the market value of Eaglet based on the profit margins of software companies such as Microsoft and Oracle.

As we all know, the net profit margin of the software industry can generally reach more than 20%.

Eaglet’s annual revenue of US$5.41 billion, based on a theoretical 20% net profit, means that the company already has a profitability of US$1 billion. The profitability of US$1 billion in the 1990s was enough to squeeze into the top 20 American companies. In the past three years, there were only about 20 companies in the Fortune 500 with a net profit of US$1 billion.

Considering that Igreat still maintained a revenue growth rate of as high as 179% in the past year, if this company goes public, the 30 times price-earnings ratio is already very conservative, even if it is 50 times the price-earnings ratio for an IPO, it is more than enough.

The potential profitability of US$1 billion, and the P/E ratio of 30 to 50 times, means that the market value of Eaglet is already between US$30 billion and US$50 billion. Whether it is the media concerned about this matter or Wall Street capital giants, the valuation of the company is generally the same after Eaglet’s 1993 financial report.

Taking the median value of 40 billion U.S. dollars, Simon's total value of 90% of Eaglet’s shares has reached 36 billion U.S. dollars.

On the other hand, according to the stock prices of Cisco and AOL at the close of the market on March 7, Simon's total stock value of these two companies is $65.9 billion.

Therefore, it is obvious that just holding shares in the three new technology companies, Cisco, AOL, and Eaglet, has brought Simon about 100 billion US dollars of personal wealth.

100 billion dollars!

This figure is close to Simon's total personal net worth of US$120 billion on the Forbes list last year.

However, the three companies are far from the whole of Westeros system.

In the field of science and technology, Simon is still a major shareholder in companies such as Microsoft, Intel, SUN, Oracle, and at the same time absolutely controls Verizon Telecom and Nokia, two electronic communications giants.

The other three of the four women, Daenerys, Melisandre, and Cersei all shine in their fields.

In addition, the entire Westeros system is directly or indirectly or directly or indirectly invested or controlled by hundreds of other types of companies. No one can guarantee that these companies will suddenly become like Cisco, Big Macs like AOL and Igreat. According to Simon Westeros, he has proved too many investment insights, which is even almost inevitable.

So, beyond the $100 billion, what is the value of Simon Westero's personal assets in various other fields?

You know, only Daenerys Entertainment Group, which will formally submit an IPO application next month, is rumored to have a valuation of 40 billion US dollars. Given the strength of this entertainment giant in Hollywood, the market value after listing is certainly not low compared to the valuation.

For the remaining two women, if Cersei Capital estimates the value, the total value of the equity attributable to Westeros is enough to reach the tens of billions level.

After several years of rapid growth and continuous expansion, Melisandre is a comprehensive luxury goods giant with a strong presence in North America, which is rooted in Europe. It relies on its Gucci, CK, Latour, Christie's, Van Cleef & Arpels A series of other brands have also reached the threshold of tens of billions of dollars in market value.

Verizon Telecom, which is wholly-owned by Westeros, relies on strong expansion in the field of mobile communications, and its market value is conservatively estimated to have reached 15 billion US dollars.

Nokia, which will release its 1993 financial report later in March, had a market value of 8.6 billion pounds on the London stock market on March 7, equivalent to 13.3 billion U.S. dollars. Westeros’ current stake in Nokia is 78.3%, with a total value of US$10.4 billion.

This is another $10 billion.

There are also Microsoft and Intel, which are closely following the three giants of Cisco, AOL, and Eaglet in the North American stock market. Also due to equity changes such as acquisitions, Westeros’ holdings in Microsoft and Intel have dropped slightly to 20.7% respectively. And 14.5%.

The market value of the two companies on March 7 was $43.1 billion and $32.9 billion, respectively, and the total value of the shares held by Simon was $13.7 billion.

Taken together, Daenerys, Melisandre, Cersei, Verizon, Nokia, Microsoft and Intel, these giants, conservatively estimated that they contributed 100 billion US dollars to Simon.

Even if no other considerations are given, Simon has already become the world's first billionaire with $200 billion and is still the world's only billionaire with $100 billion based on various data in March 1994.

As a result, with the recent release of a series of financial reports, the media's statistics and exaggeration of Simon's latest personal wealth and the criticism of Simon's personal luxury life in response to the London girl incident, potential crises ensued.

The key to the matter lies in this year's midterm elections.

Entering March, the US state congressmen candidates, who are about to compete for one-third of this year’s rotation, with a total of 34 congressional senators and all 434 congressmen, have entered the pre-election stage.

The domestic economy in the United States has improved, the unemployment rate has been declining, the victory of the Gulf War and the disintegration of the Soviet Union have also made the United States' international reputation reach the highest level. The election is largely non-thematic.

When many candidates were worrying about not being able to find a hot topic that was strong enough to attract voters' attention, the wealth of the richest man in the Federation reached a new high, and there was also super-laced news such as the London girl incident.

So many unemployed people still can’t find a job, so many children still don’t receive comprehensive education and welfare, so many families are still struggling below the poverty line, the American people are in dire straits, but Simon Westeros earns With a wealth of more than 200 billion U.S. dollars, he lived a luxurious life like a king.

Man and God are angry!

I'm sorry God if you don't do it!

As a result, in campaign activities across the United States, topics about the Simon and Westeros system are being mentioned more and more frequently, and there are many traditional paper media that are still influential. Similar topics have therefore been directed towards how to stop Simon Westero’s personal assets from continuing to expand unreasonably and how to limit the continued expansion of the Westeros system.

Connecticut has announced that it is seeking re-election, the Democratic House of Representatives David Meroth is the first to attack, pointing directly to the monopoly of the Internet industry by the Westeros system, and the New Haven Daily in New Haven, the second largest city in Connecticut. Published a signed article exposing the monopolistic Internet trust formed by the Cisco-AOL-Eggret three giants, calling on the Internet sector with an industry scale of hundreds of billions to not be monopolized by someone, and accusing the Clinton administration In response to the inaction of this apparently monopolistic enterprise, the article even hinted at the interest connection between the current president and the Westeros system.

It has to be said that although this article by David Melrose is a bit embarrassing to the White House and makes people see the internal division of the Democratic Party, it also directly targets the seven inches of the Westeros system in the Internet industry.

After David Melrose’s statement, many candidates in other states began to play the card of restraining the expansion of the Westeros system. There are candidates for both the Democratic and Republican parties. Because many candidates are incumbent members of Congress who are seeking re-election, similar statements quickly develop into actual actions.

While lobbying or pressing the Federal Department of Justice to initiate an investigation on its own initiative, lawmakers such as David Merros also contacted and tried to establish a special investigation committee of the House of Representatives to investigate suspected monopolistic behavior in the Westeros system.

Due to public opinion, the various bills that the Westeros system is trying to promote have all stalled. Most of the parliamentarians are seeking re-election at a sensitive moment. No one dares to actively support the Westeros system and give others authority. .

Moreover, this targeted investigation has been considered moderate.

Senator Craig Ames, a leftist Democrat from Wisconsin, even stated that he would seek to enact a special tax bill that would impose an annual asset tax on the super-rich with a personal net worth of more than US$1 billion to balance it. Social gap between rich and poor.

Craig Ames also made a special statement that the asset tax rate for US$1 billion super rich is 0.1%, the tax rate for US$10 billion rich man is 1%, and the rich man with a personal net worth of US$100 billion has an annual tax rate. The property tax rate is 5%.

According to this tax rate, the 0.1% asset tax for billionaires is actually only $1 million, which is basically optional. The 1% asset tax for the ten billionaires is only $100 million, which will not hurt the bones. It is the turn of the billionaires, with a net worth of 100 billion U.S. dollars, to pay up to 5 billion U.S. dollars in asset taxes each year.

As everyone knows, there is only Simon the super-rich in the world with hundreds of billions of dollars in personal assets.

And based on Simon's personal net worth of 200 billion US dollars at this time, once this special ‘asset tax’ is really introduced, he will have to pay as much as 10 billion US dollars in taxes.

With a three-tier tax rate, the tax amount has jumped from 1 million to 10 billion. This kind of strong pertinence that does not offend the old rich but has to cut a large piece of meat from Simon can be completely described as shameless.

However, this idea of ​​Craig Ames has received many media responses once it was put forward.

On the other hand, when parliamentarians expressed their opinions one after another, it seemed that all of a sudden the world had been suffering for a long time. Many companies jumped out and claimed that they had been suppressed by the Westeros system.

Two major competitors of Oracle, Informix and Sybase, both of which are owned by Westeros, have publicly claimed through the San Francisco Chronicle that they have been subjected to unfair competition under the alliance of Oracle and Eaglet. Eaglet Corporation Taking advantage of its monopoly in the Internet field, it forced a large number of Internet sites that need to rely on the Igreat portal platform to guide traffic to purchase Oracle products that have close interests.

Not only that, Eaglet also deliberately refused to adapt the database software of Informix and Sybase in terms of web technology, and only optimized Oracle products.

This malicious unfair competition has caused Informix and Sybase two companies' market share to fall from 23% and 19% three years ago to 11% and 6% now, and they have almost fallen to the brink of bankruptcy. In sharp contrast, the market share of Oracle database software has increased from 33% three years ago to 69% now.

As this news appeared in the paper, the two companies filed a lawsuit against Oracle and Igreat, demanding that they stop unfair competition and demand a total of up to 3 billion US dollars in compensation.

Eaglet immediately responded with a feature article on its own portal.

Igreat and Oracle do have technical cooperation, and they do not deny that both companies belong to the Westeros system. .

However, this kind of cooperation between the two parties began in 1991. At that time, Eaglet was still just a budding start-up company, and the entire Internet industry was just emerging. Eaglet did not have any industry advantages. Both parties invested a lot of manpower. And the funds are just to more perfectly combine Eaglet’s World Wide Web technology and Oracle’s database software, and the fundamental purpose is to promote the rapid development of the Internet industry.

Because of this cooperation, Oracle's database software is more adapted to the technical environment of the World Wide Web, which is the result of the joint efforts of both parties. Other Internet companies choose to use Oracle's products mainly for this reason. There is no forced purchase behavior, but the result of natural market selection.

Informix and Sybase's allegations that Yigrete deliberately refused to adapt to its database software are even more unfounded, because software adaptation is costly, and Yigrete has no obligation or strength to actively carry out technical adaptations for all software vendors. This ridiculous request is like a family is required to prepare a room for rest for all passers-by passing by.

Moreover, Oracle's database market share in the Internet field is only about 75%. There are many other outstanding database vendors, including Informix and Sybase themselves, which have their own place in this emerging industry.

All in all, Informix and Sybase blamed their failures on other companies not cooperating to help themselves. This is a holy grail.

Most of the traditional paper media can only affect one city and one place.

The influence of the Eaglet Portal has spread all over the world. Therefore, after this article on the front page of the Eaglet Portal was published, most of the public began to prefer Oracle and Eaglet psychologically.

In addition to this lawsuit, a small telecommunications operator in New York State called Settel Communications accused AOL of signing a 10-year exclusive agreement with three regional operators for Internet access services in 1990, which violated the principle of free competition. Suspected of a monopoly, it filed a protest to the FCC (Federal Communications Commission), requesting FCC access to declare this agreement invalid.

Cisco has also been accused of its patent lawsuit against a router startup in Michigan, which is actually preventing the other party from supporting local telecom operators in disguise, thereby removing obstacles to AOL's expansion in the Great Lakes region.

The powerful influence of the Eaglet portal in the news and information business has once again been provoked by traditional media. The Houston Daily Star of Texas believes that the extensive public opinion influence of the Eaglet portal has affected freedom of speech. , Should be suppressed.

At this stage, the three portals with the highest market share on the Internet, Eaglet’s Eaglet portal, AOL’s AOL portal and Microsoft’s MSN portal, have obvious equity interests. All three companies are Weiss Enterprises within the Tello system, so the FCC should also include Internet media as soon as possible under the jurisdiction of the'cross-media ownership ban'.

Even the dual shareholding structures of Cisco and AOL, which are already listed, have become the focus of attacks by some companies and the media, believing that they violate the equal voting rights of shareholders.

Such all kinds.

With some accusations against Cisco, AOL, and Igreat coming up all over the United States, the Westeros system didn't even bother to respond one by one.

At the end, the Eaglet portal simply released a statement.

Since the end of the 1980s, the entire Westeros system has invested more than US$10 billion in accumulative capital in order to develop the Internet industry.

It is precisely because of such sparing efforts that the federal public can use the ADSL broadband network in just a few years, and can enjoy free news information, e-mail, social networking and other services on the Internet platform, and thus create a brand new Internet age.

Certain companies or individuals who have invented a brand-new product can be protected by the Federal Patent Law to make a large profit, all reasonable, reasonable and legal.

The Westeros system created the entire Internet era on its own, and actively granted a large number of patents free and open to other entrepreneurs to join the Internet platform. It is expected that in the future, it will bring hundreds of trillions of social output and thousands of dollars to the Federation. A brand new job at the 10,000 level.

Then, enjoying the rewards of this effort should be completely reasonable, reasonable and legal, rather than being labeled a monopolist.

For those companies and individuals who try to infringe on the legitimate rights and interests of the Westeros system with malicious litigation, illegal investigations and even ****, the Westeros system will fight to the end and never compromise.

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