Back to 1995

Chapter 160 Turtle in the urn
"Credit Suisse is very firm and will not pay more than other telecom companies for America Telecom's lines!"

Spivey said helplessly to Song Yang that, like Deutsche Bank, Credit Suisse is also an outsider on Wall Street, but this outsider has now become a sitting tiger. After entering America these years, he has been attacking everywhere.

Relying on the so-called "secrecy law", Credit Suisse has harvested crop after crop of leeks, but when the group of Congressmen in America harvested Credit Suisse Bank, they did not know that the group of leeks who deposited money in Credit Suisse , what does it feel like!

But now, Credit Suisse is still playing the same game as traditional banks. It is more conservative than Deutsche Bank before. There are not many businesses such as foreign exchange, futures, and investment banking. The line of American Telecom is not fatal to Credit Suisse.

"Don't worry about Credit Suisse, if it doesn't want to enter the futures market, then don't enter it!" Song Yang waved his hand and said to Greg, Marcus, and Spivey in front of him.

If this opportunity is missed, Credit Suisse basically loses the opportunity to enter the Chicago futures market. In the next three or even five years, the line from Chicago to New York will be in the hands of American Telecom.

Next time, if Credit Suisse wants to enter again, it depends on whether there is that opportunity. Even if there is, Credit Suisse will have to bleed a lot if it wants to enter the market, and pay a much higher price than today!
"How many line seats of American Telecom have been sold now?!" Song Yang asked Marcus.

In the past two days, Song Yang and others have visited the major investment banks and banks on Wall Street one after another. Some are generous like Deutsche Bank Investment Bank, and some like Merrill Lynch are reluctant to maintain their status as giants.

Marcus looked at the information in his hand, and was a little surprised, "130 seats have been sold now, and there are still [-] seats that have not been sold!"

Just a few giants on Wall Street bought [-]% of the seats held by American Telecom. If the price was not too expensive, they would have bought all the seats. Absolutely, the line in the hands of American Telecom has been rounded up.

Spivey said with a smile at this time, "When we were talking with Morgan Investment Bank, the people from Morgan even asked us to increase the seat fee!"

Otherwise, these people on Wall Street are rotten and full of bad water. No matter how expensive America Telecom is, companies such as Morgan, Citigroup, and Deutsche Bank Investment Bank can afford it, but those small and medium-sized investment companies are not necessarily so. The hard-earned money is not enough to pay the network fee for American Telecom. Morgan Investment Bank has raised the threshold for entering the futures market in disguise, and in the end it is cheaper for several of their big investment banks.

"For the remaining seats, use the Dutch auction method to directly call those futures investment companies together to auction the remaining American Telecom seats!"

Several major investment banks on Wall Street have already entered the market, and the remaining small and medium-sized futures investment companies are the turtles in the hands of American Telecom.

Hearing that Song Yang was going to sell the remaining 300 America Telecom seats in a Dutch auction, Spivey and the others could not help but observe a few seconds of silence for the remaining nearly [-] Wall Street investment companies.

More than 300 companies are competing for 200 seats. Even if one company has one seat, there are more than [-] companies that may completely withdraw from the futures investment market.

Of course, you can continue to use the original lines of several major communication giants without quitting, but the line speed is nearly half a minute or even 1 minute slower than that of America Telecom. After the order, those companies that did not use the American telecommunications lines have just seen the news.

In the futures investment market, it's like being cut as leeks. The difference is almost the same as a shotgun vs. AK. The other side has finished shooting with a shuttle, and the shotgun has just ignited...

It is conceivable that these more than 300 companies will compete for [-] seats in the auction, and how tragic it will be at that time. If Song Yang is more sloppy and arranges a few entrustments, the cost of one seat may be fired. Heaven is gone!
"Song, if this is the case, the news of America Telecom's line will spread out soon, and then the America Telecom industry will probably..." Greg said with a little worry.

Being targeted by several major telecommunications giants in America, it may be impossible for American Telecom to continue to develop as before.

No one knows what the attitudes of the major telecom giants are towards American Telecom, but it is clear that the telecom giants such as Verizon, Telephone and Telegraph, and WorldCom who have been robbed of Wall Street and even the New York market will not be so happy. No one knows the means used by American Telecom.

"Sooner or later!"

Even if American Telecom keeps a low profile, Wall Street will still cancel the services of several major telecom companies on a large scale after the line is opened in the second half of the year at the latest. At that time, America Telecom will still be exposed. The difference is only a matter of time.

"Fix Wall Street as soon as possible. The most important thing for American Telecom is to complete the project as soon as possible. In addition, the telecom license must be obtained as soon as possible!"

"Speivey, Marcus, you are in charge of auctioning the remaining American Telecom seats!" Song Yang explained to the two of them, and he will also deal with the listing of the double-click company.

In the double-click New York office building, Whitman, Ryan and a group of executives from Double-click are in contact with several major investment banks and brokerages on Wall Street who came to listen to the quotes from these companies for Double-click.

What Whitman and the others met today was Goldman Sachs, the real boss of Wall Street. No matter what the rumors are, for the past ten years, Wall Street and even the global investment industry have had the right to speak in the hands of this giant. Rain is no exaggeration.

While the two sides were talking, the executives led by Goldman Sachs suddenly received a phone call, their eyes were surprised, and then they extended their hands to Whitman with a smile on their faces, "President Whitman, happy cooperation!"

Whitman, Ryan and other executives of Double-click Company were surprised for a while, and then they heard Goldman Sachs, the executive in charge of brokerage and stock issuance, say, "Mr. Bruno Song, agreed with Goldman Sachs to underwrite the stock of Double-click Company!"

Song Yang finally chose Goldman Sachs, Deutsche Bank Investment Bank, and Merrill Lynch as the stock issuers of Double-click Company. He chose Goldman Sachs, hoping to use Goldman Sachs' strong influence to blow up the valuation of Double-click.

Whitman was a little surprised, but when he heard that it was Song Yang's decision, he regained his composure, "Happy cooperation!"

After the people from Goldman Sachs left, Whitman and Ryan came to the hotel where Song Yang was staying.

"Song, there are other investment banks willing to pay a higher price than Goldman Sachs!"

Whitman didn't question Song Yang's decision, but he still told Song Yang that on Wall Street, there are several small and medium-sized investment banks and emerging brokerages who are willing to double-click the company's stock at a high price.

A new brokerage firm even offered an underwriting amount of US$800 million for DoubleClick, which meant that it was willing to raise nearly US$7000 million for DoubleClick to go public, which is definitely a high price!

"I've worked hard for you these past few days, but I have already selected a listed stock underwriting company for Double-click, and the negotiations will start tomorrow!" Song Yang put down the document in his hand.

Whitman and Ryan had puzzled expressions on their faces. They knew that Song Yang was not the kind of arbitrariness. This can be felt from the fact that they are very delegated to handle the affairs of the double-click company. Song Yang did not know about the listing. Why did Yang make such a decision.

Seeing the expressions on the faces of the two, Song Yang picked up a document and put it in front of them, "I have a new project in my hand, and I need the assistance of the Double-click company. I hope you can understand that this project is very important!"

Song Yang told the two about America Telecom's project, and they would know about it sooner or later. Song Yang didn't want to have a gap with them because of this matter, and this matter also required the cooperation of the two.

With doubts, Whitman and Ryan opened the document. When they saw America Telecom's project and the sold line seats, Whitman was surprised, and Ryan took a breath.

Now Ryan understands why Song Yang can let go of the double-click company and run around.

30 billion US dollars, Ryan stared wide-eyed, looking at the amount of the American Telecom project in front of him, he has not recovered for a long time, Ryan does not know how much Song Yang can earn from this project, but it must be more than double-click listing Much more!

Ryan raised his head, with a dazed expression, and murmured to Song Yang, "The investment banks on Wall Street have already paid?!"

At this time, Whitman finally adjusted his mood. Looking at Song Yang in front of him, even though many media have already touted and praised his boss as a genius, Whitman still has a feeling for the American Telecom project. Surprised.

This is an extremely bold idea, using the power of the Internet to change the pattern of futures trading on Wall Street. This is a madman's idea and a genius plan. She didn't know who else would dare to have such an idea before Song Yang. The key Yes, dare to spend several hundred million dollars to do this!

Whitman doesn't know how much Song Yang was worth before he started America Telecom, but he is definitely risking bankruptcy to do this project, but one thing Whitman knows is that once this thing is done, it will be It is a miracle in the history of science and technology, and it will be written into the miracle of the Harvard MBA case, a real case of technology changing social status!
"The Wall Street companies that signed the agreement have already paid one-third of the cost. As long as America Telecom is completed on time, they will pay the rest!" Song Yang answered Ryan's question.

When he left Song Yang's place, Ryan was still in a daze. In just over a year, Song Yang's worth might have doubled? !

In the past, this was something Ryan couldn't even imagine, but now, it may be happening in front of his eyes.

(End of this chapter)