Chapter 1744 Pouring Cold Water
Today's Google trend is indeed too hard, so hard that Li Mu feels a little empty.
In particular, the attitude of the media's love of ignorance makes people feel less optimistic.
When Google's stock price soared, the media was still exaggerating Google's invincibility, and some so-called experts even jumped out and said that Google's market value should be at least around $200 billion, and the IPO price was obviously undervalued.
This made Li Mu feel that the off-site use of media public opinion was obviously used to induce more, and capital must have regarded Google as an excellent opportunity to make money.
That's why Li Mucai reminded Larry Page not to indulge in today's skyrocketing, but to come out and remind investors to be careful about risks, otherwise, once the stock price collapses, Google's reputation will be greatly affected.
However, although Larry Page understands this truth, it is still a bit false for him to make him stand on the opposite side of capital.
Li Mu looked at Larry Page and shook his head helplessly.
It seems that this buddy still dare not offend the capital of Wall Street.
However, this is a correct general approach. After all, there are not many CEOs who dare to face the public and bluntly say that their companies are not worth such a high market value.
In theory, every newly listed stock is a good battlefield for capital accumulation.
Desperately touting stories and hyping concepts, fooling retail investors into rushing in, and finally the retail investors get stuck and make money.
On the first trading day of Qutoutiao’s listing, the stock price soared by 190%. On the second trading day, the stock price plummeted by 41%, almost halving. On the sixth trading day, it fell below the issue price. The total market value of Qutoutiao is only a few billion US dollars. Countless shareholders collapsed.
If Google's stock price collapsed, it would be much larger and more impactful than a company like Qutoutiao.
At such a time, companies either do nothing, or cooperate with capital to make a frenzy and destroy the capital’s jobs, which does have some impact on the future.
However, Li Mu doesn't care if he offends the capital. After all, for him, capital is the licking dog behind him. Even if he slaps the biggest investor on Wall Street today and announces the financing of Muye Technology tomorrow, the investor will still be calm. Face to beg himself to take his money.
After all, no one is going to have a hard time with money. Ordinary people still have a bit of backbone. Capital is a bunch of spineless people who only have interests in their eyes.
Now that Google's stock price has skyrocketed, it has become a demon stock. Neither myself nor Google will get any benefit. When the stock price collapses, it will be more or less scolded by the trapped investors. Instead of this, it is better to say it directly.
So Li Mu said to Larry Page, "If the reporter asks you a question later, just pretend to be a coward and throw it to me."
Larry Page breathed a sigh of relief, and bowed to Li Mu, "Mr. Li, thank you so much!"
Li Mu looked at his gestures in surprise and asked, "Who did you learn this gesture for?"
"Chinese Kung Fu movies." Larry Page said with a smile, "In Chinese Kung Fu movies, juniors will greet martial arts masters like this when they meet them!"
Li Mu looked at Larry Page in a daze, and said in Chinese, "You should be a hero of the generation. Promise me, don't be a licking dog, okay?"
"What?" Although Larry Page has made up for English for a while, the hero and the dog still don't understand.
In fact, even today's Chinese people don't quite understand the meaning of the word licking a dog.
I just want to hang silk, and now I tell the Chinese people, everyone will not understand why.
Li Mu was too lazy to explain to him, patted his shoulder and said in English, "Keep going."
Sure enough, after the stock market closed, countless reporters hoped to be able to interview Larry Page and Li Mu at this time.
The two have been staying on the Nasdaq and have experienced the whole process of Google's stock price rushing like a rocket. It is reasonable to accept the media interview at this time.
The reporters have always maintained a high level of excitement, as are the audience and investors at the scene.
For the entire Nasdaq, this is an unprecedented IPO carnival in recent years.
Faced with reporters, Larry Page was the first to be asked, "Mr. Page,
Google's share price skyrocketed 210 in one day, what do you think about it? "
Larry Page sneered a few times and said, "I still haven't reacted a bit. This is really surprising. You should interview President Li first!"
So the reporters pointed the microphone and camera at Li Mu one after another.
Li Mu smiled and said seriously, "To be honest, I'm very happy that the market can recognize Google so much."
After speaking, Li Mu changed his words and said, "However, I personally still want to remind investors that Google at this stage is not worth such a high market value, and its stock price should not be so high at this stage. , so I call on the market to treat it rationally..."
As soon as these words came out, the reporters were stunned.
what's going on?
As long as Li Mu said something polite like "I believe that Google's future prospects will be better and brighter", Google's stock price will definitely rise tomorrow.
As a result, Li Mu suddenly said that Google's stock price shouldn't be so high, this... Isn't this pouring cold water on himself?
A reporter from the Wall Street Journal couldn't help but ask, "Mr. Li, you said before the opening that Google is a magic door in the online world. Why do you think Google is not worth such a high market value at this time?"
Li Muxin said, when I praised Google, I felt that the first day it went public, it rose by 100, but I didn't expect it to rise by 200 like crazy. Going down, in case the capital strikes while the iron is hot, the stock price of Google will climb as high as it will fall in the future. Therefore, after obtaining a good start to the listing, appropriate warnings are necessary.
Immediately, Li Mu said meaningfully, "The valuation of any gate should also conform to the market rules. Google is the arbitrary gate of the online world, and Muye Technology is the magic ball of the online world, but this does not mean that the market value of the magic ball can exceed the market rules. Therefore, investors should be appropriately alert and calm, and when the market value is high, it is best not to blindly chase the market.”
After that, Li Mu added, "Of course, this is just my personal suggestion. The specific operation still depends on the comprehensive judgment of investors."
Li Mu's answer made many media in the audience extremely depressed.
This is because many of the media who interviewed him were financial media from Wall Street, and the financial media on Wall Street itself was operated by the capital of Wall Street.
Not to mention the Wall Street media, most of the media in the United States are also operated by capital. These American media are often influenced by the capital behind them, and deliberately sneak in private goods in their daily reports.
Optimistic about private goods like a stock or a company is simply a pediatrician, and deliberately hinting at a larger level is what they are best at.
For example, if they need to make the Western people hostile to the East, they will make false and distorted reports on the Eastern world; if they need to launch a war against the Middle East, they will also exaggerate the Western people's hatred of the extremists in the Middle East in advance.
Any event has two sides or multiple sides, but which side of the incident is reported by the American media depends entirely on which side the interests of the capital are behind it.
With the endorsement of Li Mu and the blessing of Muye Technology, Google has become a rare monster stock in a few years. Capital is preparing to take advantage of this opening to make a lot of money. As a result, Li Mu suddenly said such remarks, which simply broke them. fortune.
At this time, there were also media reporters who hoped that Li Mu would be able to add a few words, so they deliberately asked Li Mu, "Mr. Li, in your eyes, does Google's market value not reach more than 100 billion US dollars?"
Li Mu said with a smile, "No one can say what will happen in the future, but right now it's not up to me."
Many investors are short-term and medium-term. Not many people can hold on to a company's stock for several years or even more than ten years. In the future, Google's market value will definitely exceed 300 billion US dollars, or even higher, but no one can say when. not good.
Retail investors are not like investment institutions. It is very difficult to get a lot of money into the top. If ordinary investors buy Google stock at $300, and then the stock price falls, it may take a year or two to really rise back to this price. How much? Can retail investors persist without cutting meat for a year or two?
But institutions are different. They often have an investment cycle of several years, sometimes even longer.
They take the funds and investors' money, and directly make long-term plans for three to five years or even longer. In the past three or five years, the temporary ups and downs are nothing at all. They dare to get three to five years before liquidation. How can ordinary people have such courage?
In addition, the asset allocation of ordinary people is not balanced enough. Once something happens in life, there is nothing you can do to hold it for a long time.
Therefore, Li Mu can't say in front of the media that Google's market value will reach hundreds of billions of dollars in the future. For capital, this is to help them lure more.
Li Mu then did not give further interviews to reporters. After Larry Page gave another brief interview, the two left the Nasdaq exchange together.
On the way back to the hotel, Larry Page and Li Mu were in the same car. The first thing he did when he got in the car was to unbutton his tie and the top two buttons of his shirt. "Today was so crazy!"
Li Mu nodded, "When the stock price stabilizes, theoretically the fastest speed will be the end of the year or next year to climb to today's height step by step."
Larry Page said, "When this wave of heat passes, the next step to increase the stock price will depend on the development of the business and the financial report disclosed by the company."
Li Mu said, "You don't need to pay too much attention to the performance of the stock market. Google's advertising revenue is very strong, and there is no need to make financing plans, let alone sell a large amount of shares. Just relax and do technology research and development and market expansion. After a few more years, the number of users of the entire Internet will become larger and larger, and the market value of Google will also increase. After two years, as a major shareholder, you can reduce your holdings, and the company's market value is estimated to have exceeded 200 billion US dollars. At that time, you can reduce your holdings by 1, which is also an income of 2 billion US dollars. At that time, this money will really fall into your pocket. Of course, you have to pay taxes to the government first.”
Larry Page said with a smile, "These are all things in the future, as you said, I will focus on the business next, just to plan how to use the funds raised by this IPO. "
Li Mu snorted and said, "I'm going back to China tomorrow. You must keep an eye on me about keyhole navigation, and you must take it as soon as possible."
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