Chapter five hundred and seventy-eight on a record
"Why are you here too?" Feng Yiping asked in surprise when he saw Brin and Page getting out of a car in the middle at the exit of LaGuardia Airport.
"Haha," Page strode over, hugged Feng Yiping firmly, patted him heavily on the back twice, without saying anything, just laughing, just as pure and bright as the blue sky and white clouds in the sky.
In other people's opinion, will such a scene be too rude? Feng Yiping noticed the Youtube staff following him.
As we all know, he has always been the kind of person who will not miss any opportunity to take advantage of. He naturally will not miss the major event of Google's listing. Youtube is responsible for the live broadcast of Google's listing this time.
Page later changed to Brin, a guy who may sometimes look a little gloomy in front of outsiders, will smile as enthusiastically and openly as the New York City rose.
"Feng," Like Page, he also patted Feng Yiping twice on the back, and then he smiled and hugged Feng Yiping's thigh.
"Hey!" Feng Yiping couldn't help but lose his appearance. He was in broad daylight, and in full view of everyone. What was going to do?
Immediately, his other leg was also picked up, it was Peppa.
"Haha," these two guys ran towards the car with one of Feng Yiping's legs in his arms.
Looking at the American melon-eating crowds around who were taking photos with their mobile phones, Feng Yiping wished he could cover his face with his hands. It was really a bit over!
At this time, he saw the car window rolling down at the end, Ma Ling lay on the window, smiling as tender as the weeping willow in the spring breeze. Did she come here specifically?
"Hi," Feng Yiping waved his hand at her invisibly.
The horse spirit hand over the lips, then brushed it behind the ear, and brushed it with his hair, but Feng Yiping could see clearly that she was actually a real kiss.
Are everyone so passionate today? Is it because of the weather?
"Don't, I'll do it myself." Seeing the two people carrying themselves to throw themselves into the car or throw them, Feng Yiping hurriedly begged. If he throws them like this, it is probably the standard butt backward, flat sand and geese-like style.
Fortunately, the two guys didn't play crazy either, and put him down with a smile, "Hurry, we haven't taken this car since the high school prom,"
"Wait," Feng Yiping waved to those youtubes before sitting in the extended Lincoln, "Tell your boss, I'll send me this part of the past later. Remember, you must not be able to do it during live broadcasts,"
This time Google is launched, the focus should be on Page and Brin. I believe that at least the American people hope so. If the passage just now was put on, it would be a bit too prominent for me."
"Okay Feng," those people laughed as brightly as flowers.
They also feel very honored that their boss is being held by two American idols who are about to rise.
"Why are you still worried about this?" Brynn had already poured three glasses of champagne. "Come on, cheers, welcome Feng, you will return triumphantly,"
"Feng, thank you for your outstanding contribution to this ipo,"
"No, it should be congratulations to us on a bright tomorrow," said Feng Yiping.
"Yes, tomorrow," the three wine glasses collided loudly, and the wine splashed everywhere.
"Isn't there a lot of things going on? Why are you all running out?" Feng Yiping asked the two with a smile.
"Those people and things, Schmidt and others will deal with them," Page said indifferently. "Faced with the current results, those are not problems,"
The so-called current result is the subscription that was previously criticized by underwriters. The underwriters are worried that they will become shareholders' subscriptions. The final result is that they have received more than 5 times the subscriptions worldwide!
We know that the stock market is actually one of the most irrational and difficult to ponder about, and this time it is the best example.
Previously, due to the open and secret opposition and constraints of Wall Street, as well as the intrigue of experts who have close ties with them, such as "Google's stock price will collapse due to the auction format", etc., and the troubles that Google was exposed before did directly affect the enthusiasm of American investors.
Originally, Page and Brin insisted on using auction pricing, in order to allow more retail investors to have the opportunity to subscribe to Google’s stock fairly, and thus benefit from the rise in Google’s stock price.
The wishes are good, but the reality is very helpless. Most of the retail investors they are paying attention to are not very grateful.
But all this took a fundamental change after the roadshow in Asia.
The Hong Kong roadshow ended, and the final result was that the entire Asia subscribed more than 50 million shares!
Of course, a large part of this was influenced by Feng Yiping. Even he didn't know that his "welfth action" would have such a big impact.
If he knew that it was just a person like Mr. Wang, he would have invested more than $50 million to subscribe, he would not have been so surprised.
In addition, Feng Yiping did not want to take them to play RB and Singapore investors, and also contributed a lot.
Such news has especially surprised many Americans who are following this ipo, and while feeling incredible, they finally abandoned the clichés of those experts and analyzed the reasons themselves.
Are those people in Asia too stupid? No, those who really think that way are fools.
There are many ways to analyze whether the price of a stock is reasonable and whether the prospect is bullish. One of the most commonly used is the price-to-earnings ratio.
After being stimulated by any unexpected subscription in Asia, many American investors who finally used calculators to analyze Google's price-earnings ratio finally realized that it seems that even if the stock price is close to $150, Google's price-earnings ratio is not too high compared to other companies?
In response to Google's popularity in Asia, many experts have also given an in-depth interpretation of this situation in the UK, which is about to hold Google's second global roadshow.
Mark, a well-known British securities analyst at Prudential, made an inference.
Based on Google's recent performance, his revenue in the first and second quarters exceeded the same period last year, and his advertising revenue increased by more than 90%, and his advertising revenue exceeded US$500 million in the second quarter. He therefore predicted that earnings per share in fiscal 2004 will approach US$3.
Based on this figure, the price of US$200 means a price-to-earnings ratio of about 67 times.
For Internet market giants like Google, such data is really nothing. You should know that Yahoo, which has performed weakly in the past two years, has a price-to-earnings ratio of more than 100 times.
Of course, when Yahoo's highest price-to-earnings ratio was as high as more than 800 times.
In short, what he implies is that even if Google's stock price is $300, it is not considered inflated.
Thank you very much for this guy. His views were quickly recognized by many people. So the roadshow in London that put Schmidt on a lot of pressure finally achieved unexpected success, subscribing to nearly 30 million shares!
In the investment market, there is no such thing as flowers blooming inside and outside the wall. The enthusiasm of investors in Asia and Europe for Google has greatly infected the American people. This seems to be a stock that is expected to be good?
So, the main force that Page and the others were looking forward to, that is, retail investors in the United States, called their financial management companies... In the end, the subscriptions in the entire United States were more than those in Asia and Europe, with more than 80 million shares.
"The roadshow between you two is textbook-like," Feng Yiping gave them a small hand.
His repeated nagging over the past few months finally played a role. In the roadshow in the United States, Page and Brin were not as cynical as before, and it was rare to take investors very seriously.
It should be said that their reaction made those who did not have high expectations for this roadshow feel very good. They directly felt the respect of these two founders who have always performed very rebelliously.
"In your usual words, that's what we should do," Page said.
This ups and downs made him feel that he was much more mature.
"Feng, you really should look at the faces of those underwriters now," said Bryn. "I regretted it and wanted to cry, but I just wanted to pretend to be smiling."
"Oh, really?"
"Yes, think about it, green shoe options, because you agree that they don't have to underwrite it, and in the end, they had to give up most of the green shoe options, leaving only a symbolic 3%," Page couldn't help but roll up his sleeves, "That is, they gave up at least 10% of their income, haha, I'm happy to think about it,"
This guy will be happy as long as it is something that makes those guys on Wall Street defeated.
"You guys say, when we meet, will those guys hit me?" Feng Yiping was also very happy.
"It's really hard to say," Bryn smiled, "but it's certain that they will admire you more from now on. Your company will go public very well in the future."
"I hope so," the three of them talked and laughed, and under the protection of their bodyguards and Waldorf Hotel security personnel, they quickly walked through the surroundings of the reporters gathered in front of the hotel.
For these three people who are about to jump on the global rich list, no, one of them has long been on the global rich list. For these three people who are about to become the top of the global rich list, the United States is very interested in these three people who are about to become the top of the global rich list.
They are also looking forward to the results for this twists and turns.
However, some other people's moods are quite complicated, or simply disappointed.
…………
As soon as Feng Yiping and the others pushed open the door of the conference room, Schmidt, with a joyful face, immediately jumped up from the table. "Feng," Like the first two, he also hugged Feng Yiping heavily. In front of so many underwriters with a dull look, he shouted, "You did a great job!"
"Hello Mr. Feng," Andrew walked up with a smile and shook hands with Feng Yiping.
Blin was right. Feng Yiping saw a deep bitterness from his smile, so Feng Yiping smiled even more happily, "Andrew, thank you for your efforts, Hi David, what's wrong with you?"
On the day the Hong Kong roadshow ended, David returned to the United States. He had not seen him for only a few days, but David seemed to have become a different person.
"Hello Feng," David's handshake was also smaller than before, "I haven't felt very comfortable these two days."
"Oh? But you must take care of yourself," Feng Yiping didn't think much about it.
Andrew smiled bitterly, our efforts? All our efforts were broken up by you! In the end, we couldn't even cut the price with investors.
"Mr. Feng," many underwriters greeted the three of them. Feng Yiping really paid attention. In the eyes of these guys, they were really happy, but they didn't say they hated each other, and they really didn't. They really admired it - this one can be!
"Sit down," Schmidt greeted everyone, "there is only one last question left, tomorrow's issue price,"
This incident also made the underwriters feel a little uncomfortable. The issue price they strongly recommended was as high as $95, but now, haha, their faces were red by the optimistic facts.
That is, their attempt to make their customers buy Google stocks at a low price declared bankruptcy.
"What do you think?" Page asked Feng Yiping and Brin.
Feng Yiping raised his hand to him and signaled him to make decisions.
Page was not polite, and quickly swept through the data on the computer. "In view of the summary auction data, I think $149 is a very suitable price," he couldn't help but tremble his voice.
Brin seemed to Feng Yiping's eyes, and the two of them immediately clapped, and the underwriters all squeezed out a few smiles and clapped together.
"Let's go and set a record," Feng Yiping stretched out a hand.
"Currently," Page pressed his hand.
"Currently," Bolling's hand pressed up.
"Record," Schmidt also added a hand.
The youtube employees who were responsible for filming this scene were particularly excited, knowing that they were recording the birth of a record.
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Chapter completed!