American Fortune Life

Looking back on history, we find that in the 1980s, many great companies were born around the world, and Qualcomm is one of them.

Intel, blindly confident and arrogant, ignores Qualcomm, has been surpassed by Qualcomm in the mobile phone chip business, and will even miss the great opportunity of the mobile Internet.

For many years, Qualcomm has been actively engaged in the deployment of cdma patents and promoted cdma to become the latest standard agreement for the 3g industry.

The purpose of this is to make almost all companies engaged in the manufacture and sale of 3g products in the industry have to sign patent licensing contracts with Qualcomm.

Qualcomm has so many 3g basic patents that even its competitors have to use its patents.

Countries around the world are currently issuing 3G licenses. Almost every technical standard of 3G cannot bypass Qualcomm. Qualcomm owns the intellectual property rights of the main core technologies.

As the founder of cdma technology, Qualcomm has monopolized the right to use almost all technology patents related to cdma.

Any company that needs to use cdma technology patents must pay Qualcomm a significant number of patent license fees.

Now, Andy will become the chip industry's big man just through capital operation. Such an experience, I am afraid, will make Intel, ARM, Apple, Four Star, Nvidia and other chip industry real bosses and new stars "grit their teeth", but also increased vigilance, the wolf of capital is coming!

Everyone knows that chips are at the forefront of the entire industry and can achieve results. They rely on long-term continuous R & D investment and accumulation, and there are no shortcuts.

Not only does it require a lot of time and investment in the early stage, but it also requires continuous investment in the later stage. The chip industry is a fast-upgrading and iterative industry. If you don't continue to invest heavily in research and development, your leading edge may not last long.

However, no one knows how big Andy Smith's appetite and ambitions are, but after he successfully entered Qualcomm with superb capital operation and guts, no one can guarantee that he will continue to annex and change Large industry peers to build his semiconductor empire.

Semiconductor empire?

Of course, Andy will not stop at a Qualcomm company, nor will he stop at becoming the chairman of a large number of institutional shareholders!

How could he leave his fate to others?

For these institutional investors, Andy has never trusted him, because he knows better than anyone else, everyone is the same, it is not profitable and not too early. Today they can abandon the current Qualcomm board members for the benefit, and tomorrow for the greater benefit. They will kick him out without hesitation!

Two years of experience, let him understand a commercial iron rule, become a hunter, or become a prey.

One step away from the Giants Stadium celebration, returned to Gaia Building, stood in front of the electronic screen wall of Liberty City Investment Corporation, and watched a blood-red number beating, and Andy's face had only an indifferent expression.

While enjoying the awe and admiration of his subordinates, he also sighed in his heart the words that old grandfather Smith said to him.

"The road to ambition must be paved with the bodies of many victims!"

US stocks plummeted for two consecutive days, once again making the entire market mourn. As the initiator, Andy found that he didn't have a trace of guilt, and some were just the joy of achieving the goal! Seeing the weak sorrow after the enemy was dying, he was only excited!

"Boss, we have started to lose ..."

Bardstone handed a report to Andy, looking dignified.

Andy took the report and glanced at the numbers above, and said lightly: "Loss is inevitable. If you want to shuffle, it is impossible to pay nothing. The key is to see the value is not worth it. This loss and I can get In comparison, it doesn't matter. "

Even though he has leveraged the whole trend, when suppressing Qualcomm's stock price, he still needs to be genuine and genuine. The real knife and the real gun will kill him for two consecutive days of fierce suppression, in order to clean up all unsettled investors.

Long and short games, smashing and defending the fight, each time is a capital contest, it is inevitable to produce losses!

In particular, what Andy has to do is to wash the chips while avoiding the traces. In this way, under the cost-free strategy of Andy, it will naturally generate losses.

Besides, the short part is to make money for yourself. Thinking about it, it should be able to fill the gap between the funds used for smashing and attracting funds. However, it is not the time for settlement. Everything must wait until his Andy Smith gets enough. Let's talk about chips.

Don't worry, he chose to abandon the overall acquisition strategy at first, but he was unwilling to be extorted by Qualcomm shareholders at a high price, and chose to take a step back automatically to look at the overall situation. This is what it takes to swallow a whale, one bite at a time to swallow the entire whale!

"Before closing today, I hit $ 25. One thing everyone needs to understand is that my Andy Smith pickup is not for everyone!"

"understand!"

Listening to the unanimous responses of the subordinates in the entire hall, Andy nodded with satisfaction, and continued to watch the red numbers on the big screen beating with his mouth rising.

"噔 噔 噔"

The crisp trample of high heels came from behind him, Andy glanced back, the little assistant took the mobile phone and walked over quickly.

"Boss, General Ceo Jeff Immelt's Phone"

"Oh?" Andy lifted his mouth with a slight smirk, turned his head and smiled at Bardstone: "We washed out a big fish, and it was a big fish that was about to drown. , Haha. "

A smile also appeared on Bardstone's face. Isn't everything they did in order to let these institutional investors and the so-called "white knight" surrender? Now that we have the first one, will the next one be far behind!

"Oh, you go on, I'll have a good chat with our white knights, alas, it's time to harvest!"

Regarding receiving the call from Jeff Immelt, although unexpected, it is reasonable to think about it. After his questioning of Qualcomm's board of directors, all major shareholders and investors of Qualcomm have made inquiries about the current Qualcomm's board of directors has created a crisis of trust, expressing their dissatisfaction with board members ignoring shareholders' opinions and making large acquisitions.

This is undoubtedly putting the board of directors on the shackles of capital. In the face of the persecution of Andy Smith like a wolf, they can only watch and cannot use funds to start a repurchase plan for the company's stock to support the plunging stock price. Can only watch Andy Smith's various slaps on Qualcomm's stock price and those white knights, hanging!

Now, finally some people can't support it. Buyers who are willing to spend a lot of money to buy Qualcomm stocks are only Andy Smith on the surface. Facing various media's doubts about the fact that GE has still spent precious working capital to invest in Qualcomm, and faced with the angry questions of GE shareholders who have long lost their patience, Jeff Immelt had to make The trade-off is that ge's stock price performance is already one of the worst in the Dow Jones Industrial Average.

Just now, under pressure from ge's radical investors, Immelt had to start a two-year cost reduction plan to increase the profit of core business industrial manufacturing.

Immelt, who is hard to protect himself, still has the kind of pride and spirit of the white knight who started, some just regret and try to keep his throne and can retire smoothly. As for contacting Andy Smith, will he have no face on his face? Whether or not you feel ashamed is not important anymore.

"... Okay, Jeff, who made our previous cooperation very enjoyable. So, at $ 28 per share, I want all the Qualcomm stock in your hands!" Andy's mouth rose, his feet were on the desk He lay down on the boss' chair and raised his eyebrows in pain.

"you"

Immelt's eyes were spitting fire, his face was red, his hand holding the telephone receiver was clenched, his muscles were violent, and he wished to leave the call. He thought that this call with Andy Smith would be very embarrassing. There will be losses, but he never imagined that Andy Smith would rob him like this.

"Andy, you need to understand that we can wait until Qualcomm's stock price rebounds ..."

"Of course, this is your power, so wait slowly, let me buy it at this price, yes, now, what price will be another, I will say another, sorry, Jeff, I still have a meeting, You want to think about it, and then contact me. "Andy sneered and hung up the phone. At this moment, he no longer cares about the shares in GE's hands, wants shares, and spends money from the secondary market Just buy it, although this is a bit slow, but since you are asking for yourself, why don't you take advantage of the fire?

Especially their enemies!

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