With Bill Chanique had the lunch together, Eric has mounted flew to the New York airplane. 和比尔・米查尼克一起吃过午餐,艾瑞克就登上了飞往纽约的飞机。 Today is on November 18, on Wednesday. 今天已经是11月18日,周三。 In order to had enough time to act according to the first date stock price trend formulation pointed countermeasure, the Yahoo IPO date is decided specially in The Day After Tomorrow, was on Friday this single week stock trading day last day. 为了能够拥有足够时间根据首日股价走势制定针对性的应对策略,雅虎的IPO日期特意被定在后天,也就是周五这个单周股票交易日的最后一天。 In engine room of Boeing 767. 波音767的机舱内。 Although grows in abundant middle class family, but this is Annie Wei first time takes the private plane. 虽然成长在富足的中产阶级家庭,但这还是安妮・海瑟薇第一次乘坐私人飞机。 In order to avoid being treated as the young earth little girl who has not experienced, after airplane lift-off, she has acted with constraint treats in the engine room restroom. 为了避免被当做没见识的小土妞,飞机升空之后,她一直矜持地待在机舱休息室内。 So crossed for a half hour, in hand magazine that served as to while away the time is turned, has not actually looked at anything. Gained ground to glance around the eye, Eric that female assistant has been reading the document in hand probably dedicated, as if has not noted itself completely, hesitant some little time, she stood up, walked toward the engine room segmentum anterius. 如此过了半个多小时,手里一份用作消遣的杂志被翻了一遍,却没看进去任何东西。抬头瞟了眼四周,艾瑞克那个女助理好像一直在专注地翻看着手中的文件,似乎完全没有注意到自己,犹豫了好一会儿,她才站起身,向机舱前段走去。 Eric just said one went to the study room. 艾瑞克刚刚说自己去书房了。 On the airplane also has the study room? 飞机上也有书房？ Bah, such big airplane has the study room also to have anything to be strange. 呸呸,这么大的飞机有书房又有什么奇怪的。 Is was worried likely own psychological activity was peeped by Meyer, Annie Wei turned head to look at the eye afraid, was soundless leaves the restroom. 像是担心自己的心理活动被梅耶尔窥到,安妮・海瑟薇心虚地扭头看了眼,才蹑手蹑脚地离开休息室。 Passed by a reception room and a washroom, shoved open the third door gently, Annie saw that Eric was sitting behind a desk, saw the man to look up, the girl showed a human and animals harmless smiling face hastily: „Eric, I, um, I have a look at you.” 路过一间会客室和一间盥洗室,轻轻推开第三个房门,安妮才看到艾瑞克正坐在一张办公桌后面,见男人抬头望过来,女孩连忙露出一个人畜无害的笑容:“艾瑞克,我,嗯,我只是看看你在不在。” Eric makes her come toward girl beckoning with the hand, says with a smile: „You thought that I am capable of sneaking off from the airplane secretly?” 艾瑞克朝女孩摆了摆手让她过来,笑道:“你觉得我有能力从飞机上偷偷溜走吗？” „Naturally is not,” Annie Wei realized one just said foolish talk, sticks out one's tongue slightly argued. “当然不是,”安妮・海瑟薇意识到自己刚刚说了句蠢话,吐着舌头小小地辩解了一下。 Arrives at side Eric, sees the man to put out a hand toward oneself, very natural sits on the Eric leg, looked at content on the tabletop notebook screen curiously, felt that a powerful big hand hugs on own waist, her body backward soft, thinks that a few days ago matter, pasted on the man said in a soft voice: „Eric, I last Saturday and several friends looked at 《Ted》 together, was really that script that you wrote?” 来到艾瑞克身边,见男人朝自己伸手,很自然地坐在艾瑞克腿上,好奇地望了眼桌面笔记本电脑屏幕上的内容,感觉一只有力的大手搂在自己腰上,她身体向后软了软,想到前些日子的一件事,贴在男人身上轻声说道:“艾瑞克,我上周六和几个朋友一起去看《泰迪熊》了,那真是你写的剧本吗？” „Yes,” Eric covers the notebook screen conveniently, moves one side, said: „Therefore, feels what kind of?” “是啊,”艾瑞克随手将笔记本电脑屏幕盖上,挪到一边,道:“所以,感觉怎么样？” „,” Annie thinks that is enduring saying with a smile: „Is interesting.” “非常,”安妮想了想,忍着笑道:“非常有趣。” „Oh, this is not the words that the good girl to speak,” Eric holds girl's waist with a smile, places on her the opposite desk, said: „I also think that you will say one saw that 15 minutes could not bear run.” “哦,这可不是好女孩该说的话,”艾瑞克笑着捧起女孩的腰肢,将她放在对面的书桌上,道:“我还以为你会说自己看到15分钟就忍不住跑出来了呢。” The Annie step on falls the small leather shoes on foot, puts on the both feet of black silk stockings to place on the Eric leg to stroke gently gently, in the look are many little slightly to attract: „This is your movie.” 安妮蹬掉脚上的小皮鞋,穿着黑色丝袜的双足轻轻放在艾瑞克腿上摩挲着,眼神里多出几许小魅惑:“这可是你的电影啊。” A Eric holding down girl's pair of calf, looked up the eye, discovered that she wears a carmine medium length funds windproof coat today, the skirt-width found out two longlegs directly, therefore put out a hand to pull open the windproof coat bandelet on girl waist curiously, inside only then a frivolous shirt and black tight skirt of OL style, could not bear say with a smile: „You know how many now the New York temperature is?” 艾瑞克按住女孩的一双小腿,抬头看了眼,发现她今天穿着一件洋红色的中长款风衣,下摆直接探出两条长腿,于是好奇地伸手将女孩腰上的风衣细带拉开,里面只有一件轻薄的衬衫和OL风格的黑色筒裙,忍不住笑道:“你知道现在纽约的温度是多少吗？” Annie thinks that Eric must do any misdemeanor, after body slightly, is supine, both hands support on the desk tabletop. Hears the issue of man, she has gawked, but said quickly: „Knows that but, Eric will definitely not make me freeze, right?” 安妮以为艾瑞克要做什么坏事,身体微微后仰着,双手撑在书桌桌面上。听到男人的问题,她愣了下,但很快道:“知道啊,不过,艾瑞克肯定不会让我冻到的,对吗？” Eric nods, looks at girl this time attractive appearance, the finger found the zipper of tight skirt to pull open around her slender waist around downward, said: „Nà, since you have looked at 《Ted》, where I also do test your withstanding limit to be at?” 艾瑞克点点头,看着女孩此时的诱人模样,手指绕着她细腰周围找到筒裙的拉链向下拉开,道:“呐,既然你看过《泰迪熊》了,我也来测试一下你的承受极限在哪？” Annie lifted the body slightly, makes Eric peel off own tight skirt amenable, in the look is having some small hidden bitterness, said as if for real: „You obviously, have tested.” 安妮微微抬了抬身体,顺从地让艾瑞克把自己的筒裙剥下,眼神里却带着些小幽怨,半真半假地说道:“你明明,已经测试过了。” On the Eric face is bringing wicked interesting smiling, said: „Kid, you thinks that is the limit, was too naive.” 艾瑞克脸上带着恶趣味十足的笑,道:“小家伙,你以为那就是极限吗,太天真了。” After three hours, Boeing 767 descends in Eric at the Long Island personal airport, the east coast is the night falls, the New York temperature and London differ not many, entered the winter. 三个多小时后,波音767降落在艾瑞克在长岛的私人机场,东海岸已经是夜幕降临,纽约的气温与伦敦相差不多,都已经进入冬季。 Tonight has a cocktail party to need Eric to attend directly personally, telephoned to Eath Hampton that side, Eric once more mounted flew to the Manhattan helicopter. 今晚直接就有一个酒会需要艾瑞克亲自出席,给东汉普顿那边打了个电话,艾瑞克就再次登上了飞往曼哈顿的直升机。 The helicopter descends in Eric when rooftop of Manhattan sixth main road entrance high-level mansion, the time exactly is eight o'clock. 直升机降落在艾瑞克在曼哈顿第六大道入口高层豪宅的天台时,时间恰好是八点钟。 One line of seven people from as before are on black VH-60, Meyer leads several bodyguards to go downstairs to arrange the car(riage), Eric to bring Annie to rush to oneself dwelling first. 一行七人从依旧是黑色的VH-60上下来,梅耶尔带着几个保镖下楼去安排车,艾瑞克带着安妮先赶到自己住处。 Opens the air-conditioning system in mansion, Eric looks at softly by Annie in living room sofa, smiled, although on the airplane said that must test girl's bearing capacity, but he has not handled any excessive matter actually. 打开豪宅内的空调系统,艾瑞克看着软软地靠在客厅沙发上的安妮,笑了笑,虽然在飞机上说要测试一下女孩的承受能力,但他其实并没有做什么过分的事情。 Walked to put out a hand on the girl chin to pinch pinching, Eric said: „Under can attend the cocktail party with me?” 走过来伸手在女孩下巴上捏了捏,艾瑞克道:“等下要不要和我一起去参加酒会？” „Ok?” Annie hits the spirit immediately, in an instant realized own response with just ‚condition’ incompatible, puts out a hand to hold nearby one to hold the pillow to hold in the bosom, said: „But, Eric, my anything does not understand.” “可以吗？”安妮立刻打起了精神,转眼间意识到自己的反应与刚刚的‘状态’不符,伸手抓住旁边一个抱枕捧在怀里,道:“可是,艾瑞克,我什么都不懂。” „These cocktail parties, are the small vases that needs anything not to understand,” Eric smiles, said: „Nà, such has decided that waits to go with me together, tomorrow morning will deliver you to return to Millbourn again.” “这些酒会,就是需要什么都不懂的小花瓶啊,”艾瑞克笑着,道:“呐,就这么定了,等下跟我一起去,明天上午再送你回米尔本。” Annie this and Eric travels together, mainly comes back to celebrate the new year with the family member together bottom Thanksgiving and Christmas day, her family/home in New Jersey Mil this city, Eric not too clear exact location, but actually also in separates nearby Jersey City that the river faces one another with Manhattan. 安妮这次与艾瑞克同行,主要是回来和家人一起过年底的感恩节和圣诞节,她的家在新泽西州米尔本市,艾瑞克不太清楚具体位置,但其实也就在与曼哈顿隔河相望的泽西市附近。 Hears the Eric words, some Annie anticipations said: „Eric, I have not told Papa Mama me to come back actually over the two days, can I play in Manhattan for two days?” 听到艾瑞克的话,安妮有些期待地说道:“艾瑞克,其实我并没有告诉爸爸妈妈我这两天回来,我可以在曼哈顿多玩两天吗？” Eric shakes the head, said: „I was too busy over the two days, may not have the time to accompany you.” 艾瑞克摇摇头,道:“我这两天太忙了,可没时间陪你。” The Annie look hopes for that and looked at the Eric moment, sees the man to remain unmoved, must give up own thought. 安妮眼神希求地又望了艾瑞克片刻,见男人不为所动,只得放弃自己的念头。 After a while, Meyer expression desolate region several clothes came back, looks that Annie exchanges that sets her to wear also very appropriate dinner jacket actually, waits for Eric to lead the girl to leave, the female assistant seems like only thrown the resentment to read the infinite kitty by the master at home, somewhat slightly grasped very much tossed about in the apartment crazily, drank up in the Eric wine chest while convenient most expensive one bottle of red wines. 过了一会儿,梅耶尔表情冷淡地带了几套衣服回来,看着安妮换上那套其实她穿上也非常合适的小礼服,等艾瑞克带着女孩离开,女助理像只被主人抛在家里怨念无限的猫咪,很有些小抓狂地在公寓里折腾了一圈,顺便喝光了艾瑞克酒柜里最昂贵的一瓶红酒。 IPO, the usual translation is ‚initial public offering’, Eric thought that this translator is not appropriate, instead is the literal translation comparisons of Initial-Public-Offerings these three words conforms to the IPO correct meaning: For the first time to open market supply( stock). IPO,通常的翻译是‘首次公开募股’,艾瑞克却觉得这个翻译并不贴切,反而是Initial-Public-Offerings这三个单词的直译比较符合IPO的正确含义:首次向公开市场供应（股票）。 Because, when IPO carries on, in fact, this company has completed has collected to the fund of institutional investor, after IPO, represented these to sell to the stock of institutional investor to be able officially in the open market circulation transaction. 因为,当IPO进行时,实际上,这家公司已经完成了面向机构投资者的资金募集,IPO之后,则代表着这些卖给机构投资者的股票可以正式在公开市场流通交易。 From another perspective, when the people hear a company formally to the public announced the IPO date, this has meant that this company basically can be goes on the market successfully. 从另外一个方面来说,当人们听到一家公司正式对外公布IPO日期时,这已经意味着,这家公司基本上可以算是成功上市。 Eric brings Annie to participate tonight, is Yahoo to subscriber company stock thanks cocktail party of the institutional investor representatives. 艾瑞克今晚带着安妮参加的,便是雅虎面向认购公司股票的机构投资者代表们的答谢酒会。 Received the Yahoo listing hi-tech stock to encounter lead that the heat fried recently once more, this week on Monday, the NASDAQ index exceeds 2500 points, enters the most dangerous turbulent sector that Eric thought that closed by today, the NASDAQ index has reached 2567 points, the increase scope was nothing less than big, but after this also enhanced Yahoo IPO , the uncertainty of NASDAQ curve. 受到最近雅虎上市科技股再次遭到热炒的带动,本周周一,纳斯达克指数就一举突破2500点,进入艾瑞克认为的最危险动荡区间,截止今天白天收盘,纳斯达克指数已经达到了2567点,涨幅不可谓不大,但这也更加提高了雅虎IPO之后纳指曲线的不确定性。 In the banquet hall in square hotel, Eric brings Annie to treat with courtesy some important guests of tonight, Chris and Ian Gonul as well as Morgan Stanley Chairman John Mark and the others gathered side Eric. 广场酒店的宴会大厅里,艾瑞克带着安妮应酬完今晚的一些重要客人,克里斯、伊恩・格尼尔以及摩根士丹利总裁约翰・马克等人就聚在了艾瑞克身边。 Gives Emily Annie, several man encirclements stand in the hall corner together, other guests are also tactful not to collect. 将安妮交给艾米丽,几个男人一起围站在大厅一角,其他客人也都非常识趣地没有凑过来。 Although The Day After Tomorrow IPO means that Yahoo has completed the first time public fund to collect, but following, other Morgan Stanley and even several banks that the Firefly system is responsible for selling on consignment, are facing the serious issue. 虽然后天的IPO意味着雅虎已经完成了第一次的公开资金募集,但接下来,无论是萤火虫体系还是负责承销的摩根士丹利乃至其他几家银行,都面临着更加严重的问题。 In everybody all person hands has large quantities of hi-tech stock investment, although not clear exact quantity, but Eric can affirm that in Wall Street several big investment bank hands has the scale of hi-tech stock at this time, does not come compared with the Firefly Group that side clover fund absolutely little . Moreover, the approach time of these investment banks compared with clover fund late many, want to guarantee the profit, after must guarantee Yahoo IPO, the entire NASDAQ bulk lots cannot come under the influence of Yahoo stock price fluctuation. 大家所有人手中都有着大批科技股投资,虽然不清楚确切数量,但艾瑞克可以肯定,华尔街几大投行手中此时持有科技股的规模,绝对不比萤火虫集团那边三叶草基金来得少,而且,这些投行的进场时间要比三叶草基金晚的多,想要确保利润,就必须保证雅虎IPO之后,整个纳斯达克大盘不会受到雅虎股价波动的影响。 As one until now IPO largest pure Internet enterprise, once after IPO , the Yahoo stock encounters the force to look to fade or large quantities of oversells, will be absolutely easier than to trigger the chain-reaction of dominoes any other science companies. 作为一家迄今为止IPO规模最大的纯互联网企业,一旦IPO之后雅虎的股票遭到强力看衰或者大批卖空,绝对会比其他任何科技公司更容易引发多米诺骨牌似的连锁反应。 „Being better that because the road show later subscriber quantity imagines compared with us, according to the green shoes mechanism, this time we altogether has sold the 100 million 72 500,000 stocks, 22 500,000 stocks for the green shoes option, occupy 15% of established quantity issued. Once after IPO , the stock price has downward trend, Morgan Stanley can take the 700 million 357 50,000 USD funds to hold the city.” “因为路演之后的认购数量比我们想象的要好,根据绿鞋机制,这次我们一共卖出了1亿7250万股,其中2250万股为绿鞋期权,占据既定发行量的15%。一旦IPO之后股价出现下行趋势,摩根士丹利可以拿出7亿3575万美元的资金进行托市。” So-called ‚green shoes mechanism’, the systematic name is to exceed the quota to sell on ration the option. 所谓‘绿鞋机制’,学名叫做超额配售选择权。 Simply speaking, is the distributor is authorized the credit corroborative in the preliminary subscriber process, sells to occupy the established circulation number highest proportion not over 15% stocks to the institutional investors. 简单来说,就是发行商授权承销商在前期的认购过程中,向机构投资者多卖出占据既定发行数量比例最高不超过15%的股票。 But these stocks have not finalized actually officially, but is subscriber the transaction of similar option . Moreover, because same has paid the cash with other stockholder's rights subscribers, the option subscriber of institutional investor cannot renege on a promise, this is also actually equal to a risk. 但这些股票其实并没有正式交割,而是认购者的一次类似期权的交易,而且,因为已经和其他股权认购者一样支付了现金,机构投资者的这笔期权认购也是不能反悔的,这其实也相当于一次冒险。 Confirmed green shoes option, after IPO, the stock price rises, attains greatly successfully, the credit corroborative defers to the wholesale price to attain this batch of stocks from the distributor hand again, forwards to the option subscriber. If the stock price falls, even broke the wholesale price, the credit corroborative uses the fund that the sell option receives, from the open market repurchased stock, the organization investor who sold to the subscriber option again. 确认了绿鞋期权,IPO之后,公司股价上扬,大获成功,那么,承销商从发行商手中再按照发行价拿到这批股票,转给期权认购者。如果公司股价下跌,甚至跌破了发行价,那么,承销商利用出售期权所获得的资金,从公开市场回购股票,再卖给认购期权的机构投资人。 The green shoes mechanism can guarantee that is greatly popular in the company stock, raises many funds for the distributor flexible, helps extra a group of institutional investors yield the rich income. But actually, what is most important is once IPO later the stock price of company is unpleasant, the credit corroborative can publicize to carry on to hold the city to operate legitimately, avoids the stock price falling too to infringe various interests ruthlessly. 绿鞋机制可以保证在公司股票大受欢迎时,灵活地为发行商募集更多的资金,也让额外的一批机构投资者获得丰厚的收益。但其实,最重要的还是一旦IPO之后公司的股价不尽如意,承销商可以公开合法地进行托市操作,避免股价下跌太狠损害到各方利益。 John Mark introduced several simply, looks directly to Eric , to continue saying: „But, Eric, I thought that the 700 million multi- USD fund as before is not too safe, I hope that the Firefly system can take more measures. Although the Firefly investment acquired the Sony movie property a while ago, but this disbursement only occupies the AOL stake sale fund few, I think that in the event of the accident, the Firefly investment should be able to invest a fund to guarantee the Yahoo stock price again.” 约翰・马克简单地介绍了几句,又直接看向艾瑞克,继续道:“不过,艾瑞克,我觉得,7亿多美元的资金依旧不是太保险,我希望萤火虫体系能够采取更多措施。虽然萤火虫投资前段时间收购了索尼的电影资产,但这笔支出只占AOL股权出售资金的很少一部分,我想,一旦发生意外,萤火虫投资应该可以再投入一笔资金确保雅虎股价。” Eric smiles is listening to John Mark said that the nod said: „If necessary, John, Firefly definitely such will do.” 艾瑞克微笑着听约翰・马克说完,点头道:“如果有必要的话,约翰,萤火虫肯定会这么做的。” Gives the devil his due, chain-reaction that once Eric compared with after Morgan Stanley these investment banks are worried about Yahoo IPO the stock price unfavorable situation brings. 平心而论,艾瑞克比摩根士丹利这些投行更加担心雅虎IPO之后一旦股价失利所带来的连锁反应。 If several big investment banks lost money in hi-tech stock, but loses is actually these entrusts the investor who the investment bank carries on the finance. Hi-tech stock that but Firefly, the clover fund has, a large part must be Eric own, if several 10 billion USD owe completely, even if Eric present net worth already over 200 billion USD, absolutely unusual anxiety. 几大投行如果在科技股上赔了钱,但损失的其实是那些委托投行进行理财的投资人。但萤火虫这边,三叶草基金持有的科技股,很大一部分都要算是艾瑞克自己的,如果几百亿美元全部亏掉,即使艾瑞克现在的身家已经超过2000亿美元,也绝对会非常肉疼。 Moreover, what is most important was initially Yahoo and Microsoft signs that 30% forward transfer of share rights agreements that. Microsoft has formed very stable monopoly aspect in the operating system, even if NASDAQ crashes, the Microsoft stock price will fall will not be ruthless. Although after several years of operation, after this listing, even if gives the Microsoft 30% stockholder's rights again, Firefly will not lose to the Yahoo absolute control power, but in any event, Eric does not think ‚selling cheap’ to give Microsoft 30% stockholder's rights at this time. 而且,最重要的还是当初雅虎与微软签署的那30%远期股权转让协议。微软已经在操作系统上形成了非常稳定的垄断局面,即使是纳指崩盘,微软的股价下跌也不会太狠。虽然经过几年的运作,这次上市之后,哪怕再给微软30%的股权,萤火虫也不会失去对雅虎的绝对控制权,但无论如何,艾瑞克都不想此时将30%的股权‘贱卖’给微软。 „Media, this needed Eric you to get rid personally,”, although the Eric somewhat ambiguous promise has not let John Mark satisfaction, but he continued saying: „I discovered on recently CNN appeared consecutively for several days looks to fade the opinion of Yahoo, a piece that «Washington Post», they published yesterday in view of the criticism article words very violent row of hi-tech stock, Eric, this matter I was not quite clear, if I have not remembered incorrectly, you and Mr. Buffett relations should be very good.” “还有媒体方面,这就需要艾瑞克你亲自出手了,”虽然艾瑞克有些模棱两可的许诺没有让约翰・马克满意,但他还是继续道:“我最近发现CNN上已经连续几天出现看衰雅虎的言论,还有《华盛頓邮报》,他们昨天发表的一片针对科技股的批评文章言辞非常激列,艾瑞克,这件事我就不太明白了,如果我没记错,你们和巴菲特先生的关系应该很不错。” Some Eric also doubts, «Washington Post», although grasps in Grahame Family hand, but Buffett from long before was the «Washington Post» one of the major stockholder and important directors. Turned head to look at eye Chris, although Buffett Berkshire Hathaway was also one of the Firefly Group important shareholders, but in personal friendship, Chris and Buffett walked quite near. 艾瑞克也有些疑惑,《华盛頓邮报》虽然掌握在格雷厄姆家族手中,但巴菲特从很早以前就是《华盛頓邮报》的大股东和重要的董事之一。扭头看了眼身旁的克里斯,虽然巴菲特的伯克希尔・哈撒韦也是萤火虫集团的重要股东之一,但在私人交谊方面,克里斯与巴菲特走得比较近。 Chris shakes the head: „Over the two days was too busy, I have not paid attention to this matter actually, tomorrow morning I personally and a Warren telephone.” 克里斯摇摇头:“这两天太忙了,我倒是没有关注到这件事,明天早上我会亲自和沃伦通一下电话。” „I have a look to be able noon tomorrow with Terry Semel eats meal together,” Eric also said: „Several other TV Station, I will hit to call. As for the newspaper aspect, Chris, these are under the charge to you, in brief must guarantee that the Yahoo listing on the media will not present the opinion of at sixes and sevens these days.” “我看看明天中午能不能和特里・塞梅尔一起吃顿饭,”艾瑞克也说道:“其他几家电视台,我会打一下招呼。至于报纸方面,克里斯,这些就由你来负责吧,总之要确保雅虎上市这段时间媒体上不会出现乱七八糟的言论。”