Chapter 1117 (1/2)

In the week before Easter, the disastrous stock market crash eventually led to a 24% decline in the NASDAQ in five days. The NASDAQ index plummeted from its peak of 7045 on March 24 to 5346 on Friday, March 28. As a result, the total market value of NASDAQ plummeted from the highest of US $9.3 trillion to US $7.1 trillion, equivalent to US $2.2 trillion of the GDP of the UK and China in 1996, and evaporated in just five days.

The capital market is in mourning.

The liquidation of the Tiger Fund in February injected another dose of adrenaline into all the long capitals who were still optimistic about the Internet industry at that time. As a result, it triggered hundreds of billions of US dollars of all kinds of buying and building positions for technology stocks in just one month, including the use of a lot of financial leverage.

The tragedy is inevitable when the highest position takes over.

For five days in a row, there were no less than 20 suicides by investors all over the world caused by the collapse of the Nasdaq stock index. More millionaires and multimillionaires came back to the pre liberation era overnight, just like the Tiger Fund, which collapsed a month ago.

In this stock market disaster, the most serious loss is undoubtedly a young tycoon with a peak wealth of $2.3 trillion.

Compared with the overall decline of 23% in a week, Simon's personal wealth has fallen by 31% due to his holding of a series of new technology leaders. By the end of Friday, he had only $1.6 trillion left, with a loss of $700 billion in just five days, which is equivalent to one person resisting the loss of nearly one third of the market value of the NASDAQ.

It's quite tragic.

Of course, this is only the book on the tragic.

Even when many onlookers who are inexplicably schadenfreuded celebrate the collapse of the oligarchy one after another, people with a little sense can still see that even if their personal wealth has evaporated by $700 billion, the personal assets of $1.6 trillion will be 100 billion more than the $1.5 trillion listed in the Forbes 400 list last year.

Even if Simon westero's personal wealth drops to less than $1 trillion, what can he do?

The other side is still the world's super rich whose net assets far exceed the second place on the list, and ordinary people can't be flattered even if they struggle for ten lives.

Unlike most of the investors who are in the game watching their new technology stocks devalue day by day, Simon is indeed the most calm one in the storm.

While continuing to play the role of father to be between a group of pregnant women, the westero system has started to set up a financial audit team headed by Veronica Johnston these days. It plans to conduct a comprehensive investigation and carding of Companies in the westero system, such as igrit, Cisco and us online, from April.

Simon is confident that the companies in the westrow system that he has been focusing on will not have serious financial loopholes like Enron and WorldCom, but he is also very clear that there must be many small-scale problems and mistakes.

In fact, this is equivalent to a house repair before winter.

We should take precautions.

and then, officially enter the Internet cold winter, Simon will also start massive layoffs, and completely purge the impetuous emotions that inevitably bring about by the surging new technology bubble in recent years, and achieve a Nirvana after the cold winter.

At the same time? Into the Easter weekend? A series of new products of tincobail are officially on sale in major global markets.

In the previous week's pre-sale, a series of main products such as iPlayer, ICAM, IREC and IMAC were launched online, and the total pre-sale amount of each platform inside and outside North America has exceeded 12 million, which has become a very bright positive under the background of the collapse of the NASDAQ.

Throughout the weekend? A large number of media are tacitly promoting tincobail's hot pre-sale data? And it is predicted that in 1997, excluding the four main electronic products around, tincobail's cumulative sales will exceed 150 million units, directly catching up with the total global PC shipments? Another miracle.

In fact? Even without this momentum? Tincobail's share price decline in the past week is the lowest of all new technology companies? The cumulative decline in five days is only 8.3%.

On the other hand, for most ordinary people, the stock market disaster is a little far away from them.

This time is closely related to life or Easter.

Similarly, Hollywood is most concerned about the Easter season.

Before and after the 69th Academy Awards ceremony on March 24, the box office of films such as ”the British patient”, which won the grand prize, and ”the catcher of the soul”, which gained new exposure, rebounded. However, these films, which are basically in the closing stage, have been separated from the competition of Easter schedule.

Among them, the box office of the British patient has exceeded 70 million US dollars? With the best picture Oscar just won, it is expected that it will gain about 10 million US dollars in the future? The total box office of the British patient is about 80 million US dollars.

At the same time, ”the British patient” officially opened its overseas distribution after the Oscar, which is the main agent of danielis entertainment.This is actually the big head.

Depending on the best picture aura of the Oscar, the overseas box office of the former British patient was more than 150 million US dollars, almost twice that of the local one. This time, it won't be too bad.

Another film, the catcher of the soul, has recently taken nearly $160 million at the local box office. Only the Best Original Screenplay at the Oscars has made it out of the cinema soon. It is estimated that the total domestic box office will be around $165 million.