Chapter 895 Double Happiness
Lin Weimin nodded slightly. Zhang Chaoyang’s ideas were clear, indeed.
At the same time, there is another more important reason why Sohu wants to go public as soon as possible - the Nasdaq stock market crash of 2000 is getting closer and closer.
AOL was listed on NASDAQ in the early 1990s, catching up with the first Internet wave in the United States. From 1992 to 2000, AOL's market value soared from US$70 million at the time of IPO to US$150 billion. The increase in market value was legendary.
In 2000, the Nasdaq stock market crash occurred in the United States, and the bubble of the Internet industry was quickly squeezed. A large number of previously sought-after Internet companies went bankrupt, and US Online also fell from the altar in a short period of time.
Its founder, Steve Case, later summarized that the Internet follows a series of changing rules over and over again, cyclically changing in several clear stages.
Taking the Internet wave around 2000 as an example, there was an exploration period in the 1970s, a pioneering period from the 1980s to the early 1990s, a growth period in the mid-1990s, a hype period in the late 1990s, and finally a despair period after 2000.
The bubble in the US Internet industry is foreseeable. When an industry develops beyond its own laws, the voice of rational thinking is completely abandoned, and all seemingly rapid developments are nothing but the product of irrational hype.
Companies and stock prices that are pushed up quickly will eventually burst, and this often happens in an instant.
The vast majority of people participating in this doomsday carnival understand this truth, but human greed and cunning encourage them to try adventures again and again.
This game can be called "Pass the Flower" or "Russian Roulette". No matter what it is called, when misfortune comes, the person holding the flower or the gun will fall into an abyss of no return.
After the stock market crash in 2000, many companies listed on NASDAQ lost 99% of their market value within a few months, and a large number of companies were on the verge of bankruptcy. That was when China's three major portals happened to be listed on NASDAQ.
Sohu, Sina, and NetEase, the three major portal websites, Guowenshe has invested in two of them. It is estimated that NetEase will not have time to go public before the stock market crash, but there is still hope for Sohu.
Lin Weimin certainly did not do this to prevent Sohu from experiencing a stock market crash. This is a general trend that cannot be avoided.
The main thing is that if Sohu can go public in the first half of 1999, six months later, after the ban on Guowenshe's shares is lifted, they can be sold at a high point, and Guowenshe can successfully make a profit in the secondary market.
With this money, not only can I report to the society and the higher-ups, but I can also take the opportunity to buy some goods.
The Nasdaq has fallen to a rock-bottom price. If you don't take what God has given you, you will suffer the consequences!
After chatting about the operations of his American counterparts and the company's recent plans, Zhang Chaoyang was very proud.
Before leaving, he asked curiously, "Teacher Lin, where did you know about Miguo Online and Netscape?"
"I heard it from a friend." Lin Weimin said perfunctorily.
Zhang Chaoyang was a little disappointed. Teacher Lin still didn’t treat me as his own!
After he left, Lin Weimin was still thinking about the rice stock issue.
There is still more than a year before the Nasdaq stock market crash, so you should start planning to sell your stocks at the beginning of next year.
Apart from anything else, just the stock exchange between Netscape and USA Online, all of his Netscape shares were converted into USA Online shares. Adding to the USA Online shares he already held, his total shareholding has now exceeded 600,000 shares, accounting for nearly 1% of the total share capital of USA Online.
Lin Weimin felt helpless after becoming a shareholder through stock speculation.
It would be enough to run away in the second half of next year, but he was cautious and thought it would be better to run away early. Even if he made less money, as long as he didn't attract attention, it would be fine.
After AOL acquired Netscape, the stock price kept rising, and he became worried.
When the stocks are sold, all the money will be gone. He is not one of those financial tycoons. It is not easy to take Mike's money out, and he will have to pay a large toll at that time.
This is all the money of American retail investors!
No, this is all his money!
He feels distressed!
As December approached, a serious atmosphere suddenly filled the Chinese Literature Society.
The work of enterprise transformation and restructuring is progressing more and more smoothly, and is getting closer and closer to final success. This matter is appearing more and more frequently in the daily conversations of employees.
The mixture of anticipation and uneasiness has made the entire company feel nervous, especially for the management.
After the enterprise transformation and restructuring, although everyone's level is still there, it is fundamentally different from before.
If Lin Weimin had not told us that income would increase substantially after the transition to a company, there might have been a "transfer wave" in the commune by now.
He Qizhi is one of the few editors in the company who is in a good mood recently and smiles at everyone he meets.
Of course, there was a reason for his happiness. "Contemporary" recently received another good work.
Today the author of the novel came to visit the editorial department and sat in He Qizhi's office, chatting and laughing with him.
"Hey, Old He, is there a guest?" Lin Weimin knocked on the door and came in. Seeing a stranger in He Qizhi's office, he planned to leave.
He Qizhi stood up and said, "Don't go, don't go."
"President, let me introduce you. This is the military writer Xu Guixiang. His book The Sky of History has just been reviewed and will be published in Contemporary Magazine soon."
"Comrade Guixiang, this is Lin Weimin, the president of our Guowen Society."
He Qizhi took Lin Weimin and introduced him to Xu Guixiang. Lin Weimin shook hands with Xu Guixiang and said with a smile: "So it's writer Xu. Xianjun told me before that your novel is very good."
Lin Weimin and Xu Guixiang are of similar age, but he is already the president of the Chinese Literature Society, and his achievements in literature are far beyond his reach.
Xu Guixiang looked at Lin Weimin and couldn't help but look up to him. "Hello, President Lin!"
After a few pleasantries, everyone sat together and started chatting.
"The Sky of History" mainly tells the story of several young protagonists such as Liang Bidada, Chen Mohan, Zhu Yudao and others who accidentally joined the revolution, and from then on they headed towards war and politics, and gradually grew into senior generals of our army.
After writing this novel, Xu Guixiang submitted it to several publishing houses, but ultimately failed to get the chance to publish it. The main reason was that some of the content in the novel contained certain "historical issues" and the publishing houses were afraid that they would not be able to handle it well.
This autumn, Qiu Shanshan, also a military writer, was going on a business trip to Yenching, so he brought his novel manuscript to the Guowen Publishing House and handed it to the editor Hong Qingbo.
After reading the novel, Hong Qingbo attached great importance to it and recommended it to the editorial department of Contemporary Magazine. After Contemporary Magazine reviewed the manuscript, everyone had no questions about its quality, but they also saw the problems mentioned by other publishing houses. Finally, the novel was handed over to Deputy Editor-in-Chief Gao Xianjun for final review.
After reading the manuscript, Gao Xianjun called Xu Guixiang and asked him to come to Yanjing for an interview.
Although Xu Guixiang is a military writer, he is not very famous. It is a great affirmation for him that the deputy editor-in-chief of Guowen Publishing House invited him to Yenching to discuss novels in detail.
When Xu Guixiang talked about this, his face was full of gratitude.
"Xianjun loves to write books. It's fate that your book met him. He mentioned some problems with your novel to me. Just revise it according to his method. It shouldn't be a problem for you to win a few awards."
Lin Weimin listened to Xu Guixiang's talk about Gao Xianjun's review process and said to him with a smile.
Xu Guixiang said shyly: "I am already very satisfied to be published in Contemporary Magazine. I dare not ask for more."
Lin Weimin smiled and said, "Don't underestimate yourself. It is a writer's pride to have written a good work. Xianjun has a very good vision. The work he likes must be right."
Lin Weimin's encouragement excited Xu Guixiang, and he also admired Lin Weimin's courage in speaking.
That is not the toughness that comes from status, but from works. It is the foundation on which a writer relies. Xu Guixiang envies Lin Weimin's toughness, which may be something that he lacks in his life.
After talking for a long time about Xu Guixiang and his works, He Qizhi asked Lin Weimin, "Why did you come to see me today..."
Without waiting for him to finish his question, Lin Weimin handed the file bag he had been holding in his hand to He Qizhi.
"I'll show you my novel."
Although he already had some guesses in his mind, He Qizhi couldn't help but smile when he held Lin Weimin's new work in his hands.
"Ouch! I was wondering why the magpie called me scum when I went out today. Double happiness, this is double happiness!"
He Qizhi laughed heartily, with an indescribable pride and excitement between his brows.
Everyone has read the manuscript of "The Sky of History". Although it has some problems, its quality is excellent and it will definitely cause a good response after it is published.
Not to mention Lin Weimin's novels, which have never lost their standard over the years and are almost unique in the Chinese literary world.
With two such weighty works in hand, Comrade Lao He said: I have never fought such a rich battle!
He Qizhi opened the file bag with a smile on his face, glanced at the manuscript and smiled even more happily.
"This volume must be more than 400,000 words, right?"
"Four hundred and seventy thousand words."
He Qizhi smiled even more proudly, stroking the manuscript in his hand, with a feeling of confidence that all the heroes in the world were within his grasp.
At this time, he heard Lin Weimin say, "It's not finished yet."
He Qizhi's laughter stopped abruptly, "Not finished yet?"
“This is the upper part.”
"And the next part?"
"Um."
He Qizhi leaned back in his chair and said, "The first part has 470,000 words. Doesn't that mean it's heading for 1 million words?"
He couldn't help but ask curiously, "What topic are you writing about this time?"
Lin Weimin briefly introduced the outline of the novel. He Qizhi's face was solemn, "Hiss~ You are writing an epic masterpiece!"
Lin Weimin waved his hand, "It's not that exaggerated, it's just that the time span is a bit long."
"No, no, no." He Qizhi retorted: "Just listening to your introduction, the scale of this book is really huge. If it is really written, it will be another "White Deer Plain". No! It's even better than "White Deer Plain". This is a chronicle of New China!"
"You're exaggerating more and more."
He Qizhi said, "I'm not exaggerating, your ideas are really a bit ahead of the times. I've seen people write about the past, but writing about the future, apart from those who write science fiction, is the first time I've seen it in our country's literary world. If you can really write the next part, I'll admire you!"
Xu Guixiang, who was standing by, also said, "President Lin's idea is indeed very bold. Most writers would not even dare to think about it, let alone write it. But I have read your book God Bless America. You have a thorough understanding of American history, and the deductions you made in the novel are very reasonable, which makes people shudder after reading it."
He Qizhi nodded and said, "That's right. How did you come up with this idea?"
“Nothing. I just think that writing about the fate of small people in a big era is something that many people have already written about, like Lu Yao’s “Ordinary World”.
Many people who write about this kind of subject choose to write about the present stage, but if I were to write about it the same way, it would be meaningless. After thinking about it, I decided to be bolder and try to write about the future. ”
He Qizhi listened to Lin Weimin's words and said solemnly, "It's difficult. When you write the second part, not only must it make readers feel involved, but it must also stand up to scrutiny and be easy for people to accept. This is much more difficult than those science fiction novels that simply write about future technology, and it is also much more difficult than works like "Ordinary World" that stop writing at the present moment."
He looked at Lin Weimin and asked, "It's a thankless task!"
"If it's not pleasing, then it's not pleasing. I just think this matter is very interesting, and it will definitely be more interesting if I write it down." Lin Weimin said half-truthfully.
He Qizhi pondered and said, "Your novels have always been well written. If there is a shortcoming, it is that you lack a large-scale work with an epic style. This time you have made up for this shortcoming. And if it is really well written, it will be the first in the history of contemporary literature. Even "White Deer Plain" will have to give way to you."
Lin Weimin said lightly: "I don't dare to think of an epic, I'll let the readers judge it when the time comes."
(End of this chapter)
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