MOTGAR :: Volume #18

#1717: To buy buys


LNMTL needs user funding to survive Read More

United States online is a United States established Internet company, has not stepped in the Internet industry in Han Xuan in 1994, it has over 1 million users, is one of Internet enterprises the second batch grow. 美国在线是一家美国老牌互联网公司,早在韩宣还没涉足互联网产业的1994年,它就已经拥有超过百万用户,算是第二批成长起来的互联网企业之一。 The first batch refer to IBM, Apple, this is Han Xuan defers to the result that the time classification obtains, does not represent the mainstream viewpoint on society. 第一批是指IBM、苹果公司等,这是韩宣自己按照时间分类得出的结果,并不代表社会上的主流观点。 Before today's bubble burst, the United States online market value reaches as high as 115 billion US dollars, last year has made 290 million US dollars profit, the yearly income reaches as high as 2.1 billion US dollars, what proper is the successful enterprise. 在今天泡沫破灭之前,美国在线的市值高达一千一百五十亿美元,去年已经实现两亿九千万美元的盈利,年度收入高达二十一亿美元,妥妥的算是成功企业。 It took the lead to open the online chat business, later learned/studied WOW to change, increased the advertisement in each chat window, brought massive profits for the company at the same time, made the customers feel repugnant, but the WOW chat window was especially succinct, the influence weakened by WOW significantly. 它率先开设了在线聊天业务,随后又学习WOW进行改变,在每个聊天窗口中增加广告,为公司带来大量利润的同时,却让客户们感到讨厌,而WOW的聊天窗口格外简洁,影响力被WOW大幅度减弱。 The executive officer in this company is good at studying very much, since discovered after the Internet company that Han Xuan started obtains is successful, one after another acquired several small search engines and net press enterprises. 这家公司的执行官很善于学习,自从发现韩宣创办的互联网公司获得成功后,陆续兼并了几家小型搜索引擎和网络新闻企业。 In report that the yesterday's Soros affiliated economics institute issued, mentioned with emphasis its name, gave an example United States online more than 13,000 staff, was about the staff total of Hope group affiliated browsers, the chat software and online shop these three companies, the management and personnel arrangement both chaotic and extremely fat. 在昨天索罗斯旗下经济研究所发布的报告中,重点提到了它的名字,举例说美国在线的一万三千多名员工,大约是Hope集团旗下浏览器、聊天软件、购物网站这三家公司的员工总数,管理和人员安排方面既混乱又臃肿。 And mentioned that the United States online thoughtless expansion, many development plans do not have the feasibility, in addition the reserve will be underfunded, will certainly be eliminated by the market in the future, this creates its cause of today's stock price large diving. 并且提到说美国在线盲目扩张,众多发展计划不具备可行性,再加上储备资金不足,未来必将遭到市场淘汰,这是造成它今天股价大幅跳水的起因。 Similarly, had been favored by Han Xuan, thinks Sun-Microsystems that can have short-term, this mainly operates IT and NASDAQ giant enterprise in Internet service company, was mentioned by that bone to inter the body three points of exposition news, people then realized the gravity that situation, they drop sharply to be the natural matter today...... 同样,曾经被韩宣看好过,认为可以短期持有的Sun-Microsystems,这家主要经营IT及互联网服务公司的纳斯达克巨头企业,也被那篇入骨三分的揭露新闻中提起,人们这才意识到情况的严重性,今天它们俩大跌属于理所当然的事情…… Mentioned Time Warner, Han Xuan except for coveting or coveting, before has thought did not have the means to swallow this company, but in just, him suddenly discovered that Time Warner Group also had nothing at the worst. 提到时代华纳,韩宣除了眼热还是眼热,以前一直认为没办法吞掉这家公司,但是就在刚刚,他忽然发现时代华纳集团也没什么大不了的。 Since even United States online can try to swallow it, oneself want to achieve is absolutely more relaxed, If nothing else, the light is the cash on present can entire buy that overall value 140 billion US dollars group, even many extra money. 既然连美国在线都可以试图吞掉它,自己想要做到绝对更加轻松,别的不说,光是现在手上的现金都可以将那家总体价值一千四百亿美元的集团整个买下来,甚至还有不少余钱。 The conventional media channel that his family/home has now is well below Time Warner, this was merged the establish world's first media giant in the early 90's by the time company and Warner Dissemination Company, industrial by far incessantly media. 他家现在所拥有的传统媒体渠道远远不如时代华纳,这家在九十年代初由时代公司和华纳传播公司合并成立的世界第一传媒巨头,所拥有的产业远远不止传媒本身。 Occupies the United States expense class magazine advertizing revenue 20%, are the world's largest Internet access providers, has the 6 million international customers in 1100 million United States users and 16 countries, is the United States 75% Internet users provides the access. 占据着美国消费类杂志广告收入的百分之二十、是世界最大的互联网接入服务提供商,拥有一千一百万美国用户和十六个国家的六百万国际用户,为美国百分之七十五的互联网用户提供接入服务。 Simultaneously also has United States movie source richest cable network TBS, audience many wired news channel CNN, movie source richest wired movie channel HBO, moreover has the world's largest film and television database, became the world's largest CD and DVD manufacturer in several years ago smoothly. 同时还拥有美国片源最丰富的有线电视频道TBS,受众最多的有线新闻频道CNN,片源最丰富的有线电影频道HBO,另外也有着世界最大的影视片库,在前几年顺利成为世界最大的CD和DVD制造商。 Beyond DC cartoon 50% stocks that except that can compare favorably with Marvel Comics reluctantly, is the owner of NBA alliance Atlanta Hawks and United States professional baseball team big alliance. 除了勉强可以和漫威漫画媲美的DC漫画百分之五十股份以外,还是NBA联盟亚特兰大老鹰队、美国职业棒球队大联盟的所有者。 In addition Time and «Character» wait/etc, Han Xuan has been able to imagine leaves, if such a company, will unify with abc television station, Bloomberg, Destiny browser and other companies, again Pixar, Marvel Comics and emperor gate that movie industry coordinate the grandfather wait/etc, will form how huge media entertainment company! 加上《时代》杂志、《人物》杂志等等,韩宣已经能够想象出如果将这样一家公司,和abc电视台、彭博新闻社、Destiny浏览器等公司结合起来,再配合外公的皮克斯动画工作室、漫威漫画、帝门影业等等,将会组建成多么庞大的传媒娱乐公司! As a result of own existence, the United States online influence and on compared with first, has declined a big truncation, the ancestors age of the Internet just started the time, United States online is the global Internet industry giant. 由于自己的存在,美国在线的影响力和上一世相比,已经衰落了一大截,上辈子互联网时代刚兴起时候,美国在线是全球互联网行业的“龙头老大”。 And in 2000, by small purchased media giant Time Warner greatly, 并且在2000年,以小博大收购了传媒巨头时代华纳, This purchase at 176 billion US dollars amount, made in the global history the biggest purchase record! After two companies merge the market value, is 330 billion US dollars! As United States online declines in several years rapidly, these two companies were also analyzed finally. 这桩收购案以一千七百六十亿美元的金额,创造了全球历史上最大的收购案纪录!两家公司合并后的市值,达到三千三百亿美元!然而随着美国在线短短几年内迅速衰落,这两家公司最后也被拆分开了。 United States online has reached the last act with the merger of Time Warner, discussed the time lasted more than one year, but as now the Internet bubble avalanche, the United States online market value suffers a disastrous decline, the elasis brain of Time Warner was stopped up by the lard, will continue to conduct this merger and acquisition, the present is the good time that Han Xuan acted. 美国在线和时代华纳公司的合并案已经进入尾声,商谈时间长达一年多,不过现在随着互联网泡沫崩塌,美国在线的市值一落千丈,时代华纳的董事会成员脑子被猪油堵住,才会继续进行这桩并购,现在是韩宣出手的好时候。 At this moment, Han Xuan recalls the news about Time Warner in the mind, he remembers that has seen in a 1992 newspaper, at that time Time Warner reorganized affiliated entertainment industry, sold to the U.S.West telecommunication company 25% stocks, 56% sold to Japan's Itochu Corp and Toshiba. 此刻,韩宣在脑海当中回忆起关于时代华纳的消息,他记得在1992年的一份报纸上见过,当时时代华纳将旗下的娱乐业进行重组,把百分之二十五的股份卖给了U.S.West电信公司,百分之五十六卖给了日本的伊藤忠商事株式会社和东芝公司。 That time Japanese was still rich, likes buying in United States, the difference was overwhelming majority companies had a deficit, but they gained one greatly, so-called gains greatly refers to the present, as the previous generation time the United States online decline, Time Warner lost about 90 billion US dollars in 2002 this year! 那时候的日本人依然有钱,喜欢在美国买买买,区别是绝大部分公司亏欠了,而他们大赚一笔,所谓大赚是指现在,前世时候随着美国在线衰落,时代华纳在2002这一年里损失了将近九百亿美元! Now, it is one profit for the year surpasses 14 billion US dollars big company, Han Xuan sits on the sofa closes one's eyes to ponder that this makes him spend the business that the time ponders over sufficiently, discovered in own hand has is above the imagination card in a hand, immediately discovered purchased Time Warner unable to spend so much money, the corners of the mouth hung up the smile. 现在,它是一家年利润超过一百四十亿美元的大公司,韩宣坐在沙发上闭起眼睛思考这件足以让他花时间琢磨的生意,发现自己手上有着超乎想象的“底牌”,随即又发现收购时代华纳花不了那么多钱,嘴角不由挂起了笑容。 Beckons a assistant who calls the secretariat to arrange temporarily, his name is Joy, does not follow like Secretary Dawson all day side Han Xuan, Joy is responsible for keeping company help/gang Han Xuan to handle various big or small things, said that Dawson is busier green. 招招手叫来秘书处临时安排过来的一位助理,他的名字叫做乔伊,不像道森秘书一样整天跟在韩宣身边,乔伊负责留在公司帮韩宣处理各种大小事情,说起来比道森更加忙绿。 Han Xuan looks to Joy, asks he said: Who are Time Warner's present chief executive officers?” 韩宣看向乔伊,开口询问他说:“时代华纳现在的首席执行官是谁?” Very strange issue, but Joy relates the public relations department frequently, helping Han Xuan filter the negative report, had known about the executives in several big media companies, immediately replied: He is called pill does, is very able, if needs the detailed news, I arrange the person to help you reorganize now, not being able to spend the too much time to complete.” 很奇怪的问题,不过乔伊经常联系公关部,帮助韩宣过滤掉负面报道,对几大传媒公司的高层都有所了解,随即回答说:“他叫做丹・洛干,很有能力,假如需要详细消息,我现在安排人帮你整理出来,花不了太多时间就能完成。” Good, troubled you. “好的,麻烦你了。 Moreover helps me contact with him again, I thought that one side needs to see with him, best today, if no time, tomorrow or the day after tomorrow will also be good. ” 另外再帮我联系他,我觉得有必要跟他见一面,最好就在今天,如果没有时间,明天或者后天也行。” Han Xuan said calm. 韩宣淡定说道。 Military barracks are ironclad but soldiers will come and go, a company keeps changing the elases, the chief executive officer, the performance not good board of directors to recall not to mention momentarily, rarely pays attention to the matter of Time Warner Group, listening to assistant Joy to raise, immediately knows was. 铁打的营盘流水的兵,一家公司连董事会成员都不停地换,更别提首席执行官,业绩不好董事会随时可以罢免,很少关注时代华纳集团的事情,听乔伊助理提起,顿时知道是谁了。 Has not thought goes to New York to see the opposite party personally, two people position is to really differ disparately, let alone the present is in the winter, he really does not want to go to that cold place to endure hardships, the company many things needed Han Xuan to process recently personally. 没想过亲自去纽约见对方,两人地位实在是相差悬殊,何况现在是冬天,他实在不太想去那个寒冷的地方遭罪,公司最近有许多事情需要韩宣亲自处理。 I thought that he can come today, please wait a bit a while.” Said these words time, the tone of assistant Joy was natural, he is helping Han Xuan arrange many time to meet secretly, will decline meeting of Han Xuan to request from no one, did not have...... “我觉得他今天会过来,请稍等一会儿。”说出这句话时候,乔伊助理的语气理所当然,他在幕后帮韩宣安排过许多次见面,从没人会拒绝韩宣的见面请求,一个都没有...... Also lay down for several minutes in the lounge, in the Han Xuan head in deduction future NASDAQ index trend, he naturally cannot estimate completely, but can definitely utilize various resources that oneself have, making the NASDAQ index walk according to the general orientation that in oneself hope, by Internet industry class stock and that enormous capital the present have, must affect the market to move toward is not difficult. 又在休息室里躺了几分钟,韩宣脑袋里一直在推演未来一段时间内的纳斯达克指数走势情况,他自然不能完全估算出来,但完全可以动用自己所拥有的各种资源,让纳斯达克指数按照自己所希望的大方向上走,以现在持有的互联网产业类股票和庞大资金来看,要影响市场走向并不难。 Was pondering the economical trend of this Internet bubble crisis, discovers in a short time the situation , if not make the mistake, oneself this time most lose about 100 billion US dollars, moreover deferred to yesterday the peak digital computation of closing quotation time, the situation did not seem to be expected bad, this partial loss can make up in five years, Han Xuan was relaxed immediately much. 思考着这次互联网泡沫危机的经济走向,发现短时间内情况如果不出差错,自己这次最多损失一千亿美元左右,而且还是按照昨天收市时候的巅峰数字计算,情况似乎没有预料中糟糕,这部分损失在五年内就可以弥补回来,韩宣的心情顿时轻松了不少。 From the bubble avalanche, how in this period he in has wanted to earn more profits, to present Han Xuan, the commercial operation is more important than money, can obtain the sense of achievement after money that oneself company management makes after all, these two are not contradictory. 从泡沫崩塌开始,期间他一直在想怎么赚得更多利润,对现在的韩宣而言,商业操作比金钱更加重要一些,毕竟经过自己经营操作赚来的钱才能更获得成就感,这两者并不矛盾。 This crisis, one time is for the process that the Internet industry market shuffles, the strength insufficient enterprise will certainly by the market be eliminated, following is once again the purchase tide of dog eat dog, then to Han Xuan is an opportunity. 这次危机,同时也是一次为互联网产业市场洗牌的过程,实力不够的企业必将被市场淘汰,随之而来的将会是又一次大鱼吃小鱼的收购浪潮,那对韩宣来说是一次机遇。 After intertwining of short time, he had the general mentality, at this time heard the voice of assistant Joy again: „ Young boss, processed. 短时间的纠结过后,他心里有了大概的思路,这时候再次听见乔伊助理的声音:“小老板,处理好了。 Does the mister to catch up to come to here before 7 : 00 pm, about his document, after you finish the matter of board of directors, can hand over in your hand. ” 洛干先生会在晚上 7 点之前赶来这里,关于他的文件,等你忙完董事会的事情之后,就可以交到你手上。” Stands up from the sofa, Han Xuan puts out a hand to reorganize the clothes, said: „Thanks which I did not know the conference room, but must trouble you to help me guide.” 从沙发上站起身,韩宣伸手整理自己衣服,笑着说:“非常感谢,我不知道会议室在哪,还要麻烦你帮我带路。” Is impolite, please follow me. “不客气,请跟我走。 The conference room in downstairs, comes many people today, small-scale sitting down, our other arranged one, the elases in various companies, have the shareholder representatives the same place, approximately came more than 90 people. ” 会议室就在楼下,今天来了许多人,小型的坐不下,我们另外安排了一间,各家公司的董事会成员、还有股东代表们都在一起,大约来了九十多人。” Han Xuan has a scare, asked surprisedly: So many? I remember that a company most has nine elases is right?” 韩宣吓一跳,惊奇问道:“这么多?我记得一家公司最多有九名董事会成员对吧?” Assistant Joy nods: „ Yes, the Anthony executive officer has said that this was you were just establishing the snowy mountain group time, custom that to guarantee set up efficiently, he carried out your decision perfectly, all holding second-level subsidiary companies, most only had nine elases. 乔伊助理点了点头:“是的,安东尼执行官说过,这是你在刚建立雪山集团时候,为了保证高效设立的规矩,他完美执行了你的决定,所有控股二级子公司,最多只有九名董事会成员。 However, often will have the subsidiary company shareholders who some we hold share, will come here to visit, that side the stipulation according to hotel, these people can live free for three days, therefore some people come frequently. 不过,经常会有一些我们参股的子公司股东们,会来我们这里参观,按照酒店那边的规定,这些人可以免费住三天,因此经常有人过来。 Taking advantage of our fame, these companies can discuss that the business time is smoother, many people come here to discuss the business, will therefore present so many people, truly competent shareholder not many...... ” 借着我们的名气,那些公司可以在谈生意时候更加顺利,很多人都来我们这里谈生意,所以才会出现那么多人,真正有实力的股东不多……” Please remember this book first round domain name:. 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