Chapter 659 (1/2)
Manhattan, in a red brick apartment on Morton street in Greenwich Village.
It's June 24, Friday.
At the breakfast time of the spotters, grace spatter and the nanny Hannah shared breakfast for her husband and children before sitting down at the table.
Bill spotter put down the New York Times, picked up the tableware and listened to the two children's excited discussion about how to spend the weekend, but with more anxiety in his expression.
It's summer vacation time. In previous years, the couple should be able to send their two kids to some summer camps, and sometimes they have to use their annual leave to travel together. This year, they have to cancel all plans.
Credit Suisse's integration and layoff of First Boston has officially started. During this period, some employees have been called to interview and then leave. Some departments have even been cut off as a whole. As a 43 year old grass-roots executive, Bill spotter knows very well that he may be called to talk in the next half month at most.
Wall Street is the world of young people who are as energetic as wolves.
At his age, once he is laid off, it is difficult to find the same type of job on Wall Street. What's more, he has no other skills.
Maybe you can take a taxi.
It seems that the income of New York taxi drivers is good. Although they will be very tired and have no status, if they really get to that point, they probably can't care about others. As a man with some male chauvinism in his heart, he can't let his wife make money to support his family alone.
According to the family's past expenses, it seems that they can't afford it.
Grace spatter promised that her two children could go swimming on Long Island Beach at the weekend. Noticing the sadness on her husband's face, she glanced at the nearby New York Times and asked, ”bill, what's the news today?”
Bill spatter, hearing his wife's voice, reluctantly smiles, but shakes his head instead of answering as he used to.
I've been really exhausted recently.
This time, some people will be eliminated, while others will get promotion opportunities. During this period of time, Bill spotter has been using his limited resources and contacts to try his best to operate, but with little success, which makes him feel more and more the outcome he is about to face.
Although he didn't answer and heard his wife's question, Bill spotter had a headline in the economic section of the New York Times: ”danilisi Entertainment Group's IPO was 37 times oversubscribed.”.
For many popular enterprises, it is very common for them to get more than ten times or even dozens of times of over subscription in the IPO process.
The IPO of Denise Entertainment Group is quite different.
The IPO price of the fast-growing Hollywood entertainment giant was officially set at $22.50, which is $2.50 higher than the initial range of $18 to $20. Based on the IPO volume of 250 million shares, the overall valuation of the IPO is US $53.1 billion, and the financing scale is US $5.625 billion.
Both the IPO valuation and the financing scale have set a new record on Wall Street.
Therefore, compared with those companies whose IPO Financing scale is only tens of millions or hundreds of millions of dollars, Denise Entertainment Group has involved 37 times over subscription of more than 1700 investment institutions around the world, which is absolutely a pioneering undertaking.
Oversubscription means that many investment institutions are unable to obtain shares, which also means that the market has strong desire to buy after the enterprises are officially listed. You can imagine what a grand occasion it will be when Denise entertainment is officially launched next Friday.
IBM, as the No.1 listed company in the U.S. market value, has been in danger recently under the hot pursuit of Cisco and AOL. Now, there is no need to wait for Cisco and AOL to surpass each other. Denise entertainment is expected to easily sweep IBM to the No.2 position when it comes to the market.
Recently, a variety of financial media and Wall Street analysts are speculating that Denise entertainment will go further and become the first corporate giant with a market value of more than 100 billion US dollars in the history of the United States.
Based on the general financial report of the first half of 1994 recently disclosed by Denise entertainment and the strong upward momentum of continuous growth in all aspects of this comprehensive entertainment group, the market value has reached 100 billion US dollars, and the P / E ratio is only about 40 times, which is not excessive at all.
Therefore, this possibility is really great.
The main underwriters of danielis Entertainment's IPO are Goldman Sachs and Morgan Stanley. However, other investment banks can actually get a share through other kinds of cooperation. As one of the old Wall Street investment banks, First Boston has made similar efforts before.
It's a pity that it didn't work out for various reasons.
The reason why Credit Suisse, the parent company, is determined to integrate First Boston, and the inaction of the management of First Boston in the IPO process of danielis entertainment, is also a reason that can not be ignored.
In recent years, the westrow system, which has rapidly emerged as a super giant, is now the focus of all the financial giants on Wall Street.Bill spatter can't help but fantasize that if he can get some business from this IPO of danielis entertainment, he will not leave this time, but will certainly go further.
It's a pity that the contact business with danielis entertainment is mainly in the investment banking department. It's not their turn to get involved in the sales and trading department. What's more, even if they can get involved, the job won't fall to him.
Now, that group of waste failed to take over the business, but led the whole company to be laid off.
Her husband has no interest in speaking. Grace can only turn her attention to her two children. Occasionally, she glances at her husband with a slight frown. Grace decides to have a frank talk with her husband this weekend.
With her recent resources, grace has talked to elite President John Casablanca several times and asked herself to be promoted.
She's certainly not stupid enough to tell Casablanca about a young man's final plan.
Therefore, in the eyes of John Casablanca, her thigh is so thick that it can't be thicker. Obviously, it can provide more help for elite's further development, and the requirement for promotion is very reasonable.
Not surprisingly, she will soon become vice president of elite North America.
Although she is only one of the three vice presidents, and is only limited to the North American branch, she is only one ”Vice” away from John Casablanca's position, which is actually several levels different, but compared with the past, she has made a big step and officially become elite's management.
The couple's original income level is equal.
Now, even if her husband is unemployed, with her next salary at least doubled, at least there is no problem in maintaining the current living standard.
In fact, it's not that she didn't consider helping her husband through that young man's channel. However, since she met her last time in Greenwich, she hasn't been able to see her husband again.
Some of the thoughts that she had raised disappeared completely.