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Chapter 265 Cisco

Seeing Eric nodding, Chris breathed a sigh of relief and said, "However, Eric, if, I mean, if you can ensure that Fireflies can develop as quickly as they are now, it is better not to go public. Many companies will strive for privatization after many years of listing. Because although listing can obtain large amounts of financing, it also means more responsibilities and risks. Take Hollywood for example. Almost all major film companies have encountered malicious acquisitions. The most recent time was in 1984, when Disney was maliciously sniped by Saul Steinberg. In the end, Disney spent $325 million to redeem 11.1% of Steinberg's shares. You should know that at that time, Disney's market value was less than $2 billion. More than $300 million in cash made Disney irritated and had to give up family management and hire Michael Eisner as the helmsman of the company."

Speaking of this, Chris smiled and said, "Of course, it has proved that Disney made a very correct decision at that time, which was a blessing in disguise. However, not every company has such good luck. Fireflies are developing so rapidly now that once they go public, they will attract more covetousness."

Eric listened patiently and nodded from time to time. When Chris finished speaking, Eric had made up his mind and might not go on the market for Fireflies.

"Chris, do you think if Fireflies are not on the market all the time, is that OK?"

"Of course," Chris said without thinking: "Most companies go public to get more development funds. In my opinion, Firefly is not short of money, so why should I go public?"

The two were chatting, and Jeffrey walked out of the kitchen and greeted them to prepare for dinner.

In the restaurant, Eric also met Chris's girlfriend, named Emily Brighton, with a tall figure, blonde hair and blue eyes. She was dressed very fashionable. In the introduction, Eric knew that the other party was the vice president of a clothing company named Brighton. According to the girl's surname and the name of the clothing company, the girl's age could not start from scratch. You don't need to guess that the other party must be the daughter of the owner of this clothing company.

Emily Brighton is much more talkative than Chris. When he saw Eric, he screamed that only movie fans could, expressing his love for Eric's movies. At the dinner table, he not only introduced the detailed experiences of her and Chris's meeting, but also kept encouraging Aniston to be the spokesperson for their fashion company.

Aniston didn't know how to shirk Emily Brighton's enthusiasm, so he could only look at Eric as if he wanted help. Although Xiao Niu is still a TV actor now, she has become famous with "Friends". However, Emily Brighton's fashion company is not very famous. If Aniston goes to endorsement, he will lose his identity.

Before Eric could speak, Chris noticed Aniston's embarrassment and took the initiative to rescue: "Amy, can you eat quietly? Your company is too small. I think it's enough for the second-tier star to be the spokesperson now."

After hearing this, Emily was reluctant and said angrily: "It's all your fault. If you hadn't ruined the listing, our company's three factories in Florida have been built now, and the order worth $9 million in Asia..."

"How can I blame this? It's obvious that your father is too greedy. He was found out after falsely reporting the company's information."

"You obviously found out!" Emily showed an injured deer and blamed her: "All companies will do this when they go public, why can't we do it!"

Chris put down the knife and fork in his hand, raised his voice and retorted: "Don't you know how much your father has falsely reported? Fortunately, I found it. If SEC found out, your company would have been fined bankrupt now."

Emily heard the faint anger in Chris' tone, she shrank her neck guiltily and muttered in a low voice: "Later, my dad clearly changed it, you still..."

"That was rejected by Mr. Hockridge. Don't forget that you almost made him lose his job. It's already good that he didn't pursue it."

Eric looked at each other with Drew and Aniston sitting on his side.

This... seems to be arguing?

Don't break up on the spot, otherwise the three of them would have been too serious today.

He was praying in his heart. Jeffrey, who was sitting on the head, slowly coughed twice: "Cough cough, okay. Stop making noise."

Chris and Emily, who had already been ‘instant’, woke up immediately when they heard Jeffrey’s voice. They quickly closed their mouths. In order not to calm the scene, Eric took the initiative to start a topic, and the atmosphere of the dinner gradually became lively.

After the meal, Emily pulled Aniston and Drew into the room and said something, and there were only three big men left in the living room.

Only then did Eric apologize: "Sorry, Chris, just now at the dining table..."

"Eric, this has nothing to do with you, you don't have to take it to heart," Chris shook his head.

Jeffrey also said softly with emotion: "This is good, and occasionally quarrels. In fact, when Solinna is here, we often quarrel."

"Dad, can you stop talking about those things?"

"Okay, I won't say it anymore," Jeffrey nodded when he knew his son was doing his own good.

As he chatted, Eric gradually brought the topic to some topics he was interested in: "Chris, are you familiar with foreign exchange trading?"

"I know a little, but I haven't been involved in this kind of project. I am currently working in the securities department."

"Then will you speculate on foreign exchange? For example, the yen, isn't the yen very much appreciated now?"

Chris shook his head: "Now the yen has doubled its value. Even if you have money, you can't make much money now."

Eric was stunned for a moment, regretting that he had not paid much attention to the history of the Japanese economy in his previous life. He heard Chris say this, and he had to give up. However, another huge opportunity had not come yet. Eric said: "So, what about rubles, do you know the rubles of the Soviet Union?"

Chris advised: "Eric, I think it's better to be honest in making movies. Not everyone can afford to play the foreign exchange market. Just like the yen, although the yen has doubled in recent years. However, international hot money has not made the terrifying profits you think in the foreign exchange market. The federal government only made Japanese goods lose competitiveness in international trade through the appreciation of the yen, and Japanese domestic funds and enterprises flee in large quantities. In the end, the Japanese economic bubble burst and the economy stagnated."

"Okay. I mean, haven't you noticed that the Soviet Union is almost out of reach now?"

Chris shrugged: "It is indeed possible, but who knows when the Soviet Union will not work? And even if the Soviet economy collapses, because this country has mandated the foreign exchange ratio of the ruble, we can't intervene."

"Well, have you ever thought about such a possibility. Dozens of Soviet franchise countries disintegrated and all the capitalist systems were restored. At that time, due to economic turmoil, the ruble would definitely plummet, which would definitely be a very good opportunity, right?"

Chris and Jeffrey looked at each other and looked at Eric strangely. After a while, Chris smiled and said, "Eric. If your view is thrown out, it will be welcomed by the whole world. If the Soviet Union really disintegrates, everyone will no longer have to worry about the threat of nuclear war. The "Big Ivan" who blew the entire Arctic Circle back then scared the whole world."

Eric was a little helpless. Although the drastic changes in Eastern Europe have occurred and East and West Germany were reunited in August this year, it is still almost two years before the collapse of the Soviet Union in memory. In addition, the half-century competition between the United States and the Soviet Union, although the Soviet Union has been repeatedly vilified, its strength is beyond doubt. Few people would think that such a great power would fall apart in just a few months.

"Then let's assume it, okay," Eric continued: "If possible, the Soviet Union will collapse. The ruble fell sharply and depreciated. At that time, I took out $1 billion to speculate on rubles. With hundreds of times of leverage, can this fund be increased dozens of times?"

Jeffrey didn't respond. Chris looked at Eric with an idiot: "Not to mention 1 billion, even if you take out 10 billion, if you dare to use more than 100 times of leverage, you may lose in a few minutes in the violent financial fluctuations you mentioned."

Eric was stunned: "That...well, I don't understand this very much."

Chris knew that Eric had never even attended college and was just an ordinary high school graduate, so he patiently explained: "Take the 100 times leverage you mentioned. If you invest 1 billion US dollars, you can increase the money to a scale of 100 billion US dollars for foreign exchange transactions. But your 1 billion US dollars is only 1% of 100 billion, which means that you can withstand the rise and fall of foreign exchange only 1%. Even if the overall trend of a currency is down, because of the game between buyers and sellers, there will be violent ups and downs in the process. As long as this currency increases by more than 1% at a certain stage, your money will be closed immediately, whether it is 1 billion or 10 billion. Generally speaking, the leverage used in the foreign exchange market is about 20 to 30 times, and occasionally someone will risk using 50 times leverage."

"Uh, okay," Eric smiled awkwardly and shrugged: "Just pretend I didn't say it."

Seeing Eric's embarrassing look, Chris and Jeffrey laughed. Chris added: "The more severe the financial turmoil, in order to ensure the safety of funds, the lower the leverage used. If you encounter a good opportunity, it will be very impressive to double it with 1 billion yuan."

Since he can't play foreign exchange anymore, Eric thinks it's better to invest in areas that he is more familiar with. In addition to movies, he is the only one that has the fastest development of the IT industry in the next twenty years.

Several major software companies have no chances, the Internet has not yet developed, and various network companies have not yet reached the right time. In terms of hardware, Eric has long been thinking about Apple. Unfortunately, the future of the leader Qiao is uncertain and Apple has not been on the verge of bankruptcy. So what else is there?

After thinking for a moment, a name flashed out.

Cisco?

Cisco!
Chapter completed!
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