Silicon Valley

Chapter 63: Cisco's press conference

   Henry stood on the top floor of a high-rise building and looked at the endless stream of people in the distance through the glass windows. It seemed that their fate was under his control!

   "I'm here, the world changes because of me!!"

   "I want to choke the throat of fate, I want to stand on the enemy's bones, I want to become the master of the technological world!!!"

   The sharp light in Henry's eyes flashed, and he glanced down at the manuscript on the table and murmured: "Since the goal of reclaiming Cisco's shares has been achieved, it is time to raise Cisco's stock price!"

   Henry picked up the phone and called John Chambers: "Chambers, execute the UP plan immediately!"

   "Okay, I'll arrange it now!!" John Chambers responded.

  UP plan is a stock price recovery plan planned by Henry, John Chambers and others. The main content is to clarify the negative news of public opinion!

   All relevant materials have been prepared. Cisco subsequently notified the media and held a press conference. At the meeting, John Chambers delivered an important speech.

"Cisco's stock price has suddenly plummeted recently, but the main reason is that someone deliberately tells right and wrongs, spreads rumors, slanders and slanders Cisco, which has a very bad impact!! The newspaper said that Cisco is on. A quarter of a loss of 200 million US dollars, in fact, this is pure gibberish, made up! Cisco did use 200 million US dollars, but that is not a loss, but normal operating costs, in order to make more money in the future A lot of money!!" John Chambers said, his tone was very passionate and very contagious!

  He paused, and then said, "So, where did we spend the two hundred million dollars?"

John Chambers glanced at everyone and said loudly: "The network we all use, the wider the coverage, the more money Cisco can make! If you spend 200 million US dollars, Cisco can make money. One billion, or even more, shouldn't the two hundred million dollars be spent?!"

   John Chambers finished speaking, and there was a round of applause!

After a while, John Chambers raised his hand to signal everyone to be quiet, and then said: "The news said that Cisco management had conflicts and that some senior leaders wanted to quit! This is clearly a rumor. Here, I will announce to everyone. According to the data, Cisco’s management options are the highest among all listed companies, accounting for 10% of the shares! Do you know how much a 10% share means? Cisco’s stock price has not plummeted, it is $5 billion!! With $5 billion, which executive is willing to give up Cisco, give up options, and instead move to another company?! No one!!"

"As for the negative news about accidents in the factory that caused casualties, in fact, people deliberately slandered Cisco! Here, we collected information on a special trip and confirmed the truth of the matter: the factory did have an accident, but it was not a Cisco factory, and It is a factory that produces televisions. As we all know, our Cisco products are network equipment and have never produced televisions. For this low-level slander, we seriously condemn and hold its legal responsibility!!"

   "At the end of this conference, I will announce some of the financial situation of Cisco in 1989 in advance!"

With that said, John Chambers took out a paper and said loudly: “In 1989, Cisco’s revenue exceeded 3 billion U.S. dollars and its profit reached 600 million U.S. dollars! And with the vigorous deployment of the nation’s network backbone, we expect Cisco The company's revenue will double next year!!"

   Happiness! !

   The flash of the camera flashed continuously, John Chambers smiled slightly, the gentleman bent over and gave a thank you, then turned and left the scene.

   "Chambers, good job!!" Henry watched John Chambers's speech all the way down, and gave him a thumbs up after it was over.

   The next day, major media reported on the press conference held by Cisco yesterday.

   "New York Times": "The most expensive slander of this century-20 billion US dollars!"

   "Silicon Valley Magazine": "We know that Cisco is good!!"

American ABC TV station: "This station reported that Cisco held a press conference yesterday. The company’s CEO John Chambers responded to the recent plunge in Cisco’s share price. He claimed that the main reason for the plunge in Cisco’s share price was that someone deliberately targeted Cisco. After defamation and slander, John Chambers explained and fought back one by one on the negative news in the newspaper!... It turns out that Cisco’s was indeed slandered. As for who deliberately targeted Cisco, it is still Under investigation. At the end of the Cisco press conference, the company’s CEO John Chambers announced the financial situation of Cisco in 1989. In 1989, Cisco’s revenue exceeded 4 billion U.S. dollars and its profit reached 800 million U.S. dollars. It is expected that next year My income will double! Today’s show is over. Welcome everyone to watch ABC News TV. I’m the host of this station, Frank Wilde..."

   As soon as the news came out, Cisco's stock price began to rise, and the rate of increase was simply jaw-dropping!

   A week later, Cisco has returned to a market value of 50 billion yuan. UU reading www.uukahnshu.com seems to have a continuing upward trend! !

   As expected, Cisco's stock price continued to rise, and it was expected to exceed the 60 billion mark, but in the end it stopped at 56 billion US dollars!

   The AOL has long known that Cisco's stock price plummet is very abnormal, so it closed quickly. If it is still short selling, then the tragedy will be great!

   AOL headquarters.

   Steve Case said: "I have to say, Cisco is a beautiful player!!"

   Ford Brook also quickly guessed what Steve Case meant, and said: "Could it be that all of this is self-directed and performed by Cisco?"

Steve Case nodded and said: "It should be true. They knew that they did not have enough funds to stabilize the stock price, so they simply did not resist or even tainted themselves, making the stock price fall faster and taking the opportunity to recover more shares ! Then he stepped up to clarify the facts, the stock price would rise naturally, but I didn’t expect that Cisco’s market value would be even higher than before!”

   Ford Brooke said with lingering fear: "Fortunately, we run fast. If we are greedy, I am afraid we will lose!"

Steve Case sneered and said: "The short-selling risks are great, but the benefits are also great. Although we AOL and Sequoia Capital stopped early, I can’t guarantee other people in the alliance. ?!"

   "You mean the company's CEO Bernard Ebers?" Ford Brook thought for a while, and suddenly said a name.

   "That's right!" Steve Case nodded, "I have notified him before, but he looks disapproving. I guess he might be over..." (Please support!!)

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