Chapter 151 Bell Labs



Soon Berg recalled the first time he met Fang Lang, when Fang Lang was scolding his subordinates with a gloomy face outside the corridor door.

For a moment, they were all a little confused, not knowing which one was Fang Lang's real face.

Just as Berg was lost in thought, Fang Lang's car stopped outside a high-end custom dress shop on Fifth Avenue.

After waiting for a while, someone opened the car door and Fang Lang got out. The cold wind blew into the car, and Berg came to his senses.

As soon as Berg opened the car door, he saw Fang Lang walking around to his side and extending his hand to him very gentlemanly.

After hesitating for a while, Berg put his hand on Fang Lang's hand, then got out of the car, put his arm around Fang Lang's arm, and walked into this magnificent high-end custom dress shop together.

The waiter who greeted guests at the door knew that they had met some important people as soon as he saw the way the group of people were traveling.

At this time, no one paid attention to Fang Lang's skin color. They hurried forward, opened the door and bowed to welcome him.

A blond young man who looked to be in his twenties came forward politely and said to Fang Lang:

...

...

"Welcome, sir. I wonder how I can help you."

Fang Lang casually glanced inside the large store. It was decorated very luxuriously, with various men's and women's formal wear hanging for the workers to choose from.

Fang Lang nodded and said to the young man beside him:

"Is there a female shopping guide who can help the lady next to me find a dress for the banquet? We are in a hurry, please hurry up."

"Yes, sir. I'll arrange it for you right away."

Soon, a female shopping guide in her thirties came up quickly.

Fang Lang patted Berg's hand that was around his arm, and motioned for him to follow the shopping guide to choose a dress.

It was obviously the first time for Berg to enter such a high-end store, and he was so nervous that he didn't dare to let go.

Fang Lang could only whisper in her ear:

"Go ahead! Don't worry, your boss is not short of money."

Berg took a deep breath and finally mustered up the courage to follow the female shopping guide inside.

Just as Fang Lang finished a cup of coffee and was getting a little impatient waiting, the door of the large fitting room opened with a click.

With red heels on her feet, a long black dress, a pure white mink vest draped over her shoulders, and her golden hair tied back, Berg looked like Nicole Kidman walking onto the red carpet.

Fang Lang couldn't take his eyes away anymore.

"Sir, believe me, your female companion will definitely be the focus of the banquet tonight."

Fang Lang swallowed his saliva and finally came back to his senses:

"This is a great outfit, but don't you think it's missing something around her neck?"

"Sir, I think Tiffany next door would be happy to match a beautiful piece of jewelry for your female companion."

"Then what are you waiting for? Let them come directly over. I want to see the overall effect."

After all, it is a high-end luxury store, and the service is indeed very good. Soon, several Tiffany employees came over with jewelry for Fang Lang to choose.

Fang Lang took a look and finally chose a diamond necklace!

After putting it on Berg himself, the effect was so good that the shopping guide beside him couldn't help but admire it from the bottom of his heart:

"No Hollywood star is as pretty as your wife."

At this time, Berg obviously liked his outfit very much. When he heard the salesperson say that she was Fang Lang's wife, he quickly explained:

"Don't get me wrong, this is my boss, I'm not his wife."

Fang Lang interrupted Berg's argument and said to the shopping guide:

"That's it, pay for it!"

"Sir, including the Tiffany jewelry, the total price is nine thousand eight hundred dollars."

Berg, who was standing next to him, exclaimed:

"What's so expensive? I don't want it."

Obviously, with Berg's monthly salary of four hundred dollars, it would take more than two years without food or drink to pay back such a large sum of money.

Unfortunately, Fang Lang would not give him a chance to regret.

He quickly signed a check and handed it over.

Berg walked out of the store in a daze, and only reacted when he was blown by the cold wind outside the door.

I have become a millionaire in debt.

This made her look at Fang Lang with resentment, thinking, this is the end, she is bound by debt.

The boss wouldn't do anything bad to me, would he?

Fang Lang next to him obviously didn't care about this little expense, and said casually:

"Let's go and meet the famous Mr. Morgan."

The Plaza Hotel is located in the bustling area of ​​​​New York's Fifth Avenue. This building is also a standard building on Fifth Avenue.

When Fang Lang and his companions arrived at the hotel, there were already people waiting at the door.

The two were soon led to a very upscale restaurant box.

A bald middle-aged man in his forties has already extended his hand to Fang Lang.

"Mr. Fang, you are so young!"

"You must be Mr. Morgan. You look only a few years older than me!"

Both of them laughed, introduced their female companions to each other, and then went into the box and took their seats.

"Mr. Fang, has the container system developed by your Global Group been completed?"

After they had just a few bites of food, Mr. Morgan got straight to the point.

This is completely different from what Fang Lang had heard, that Westerners don't like to talk about work while eating.

"Yes, it has passed all the tests and has started trial operation. Why is Mr. Morgan interested in entering the shipping industry?"

Fang Lang asked knowingly.

"Haha...Mr. Fang, your great invention will completely change the world's shipping industry.

Although we at Morgan will not enter the shipping industry, we are very interested in such enterprises. I wonder if Mr. Fang has ever considered listing the company?"

"Going public? I wonder which company Mr. Morgan is talking about?"

Now Fanglang Global Group has six wholly-owned subsidiaries, namely Global Trade, Global Shipping, Global Shipbuilding, Global Steel, Global Port Machinery and Global Terminals.

Global Trade only owns 25% of Shata Trading's shares, so it is not a subsidiary of Global Group.

With so many branches under the Global Group, Fang Lang also wanted to know which company had the greatest investment potential in front of a large investment bank like Morgan.

"In my opinion, all of Mr. Fang's companies have great potential, so if Mr. Fang is willing, we hope to list all of them.

If Mr. Fang is concerned, we can also proceed one by one."

"Which company's development is Mr. Morgan most optimistic about?"

A financial group like the Morgan family, which has strong power in the United States, must have known about the European recovery plan that the United States is about to launch.

Therefore, Fang Lang estimated that the company that Morgan most wanted to push to go public was definitely Global Shipping.

Unexpectedly, Morgan said:

"Fang, we are certainly optimistic about Global Shipbuilding, which has the patented technology advantage."

Fang Lang felt a little puzzled. Hasn't the US government started to propose a European Recovery Plan yet?

"But my Global Shipbuilding is not a big company! The shipyards we own in several countries are not big ones."

"It is precisely because it is not a big factory that it has the potential for appreciation! Now your Global Shipbuilding has established shipyards in various European and American countries.

The container system you invented has officially started to operate and is about to enter a period of rapid development! This is the time when you need funds to quickly expand and occupy the market.

So, if you let us choose one of your companies to go public, we will definitely choose Global Shipbuilding!"

"Okay! What Mr. Morgan said does make a lot of sense, but the actual situation now is that our Global Group does not lack funds for development.

Therefore, I am not ready to list my company now. If Mr. Morgan is really optimistic about my Global Shipbuilding, how about we change the way of cooperation? "

Mr. Morgan obviously did not expect that the young man in front of him would play completely out of the ordinary.

But when he said he wanted to change the way of cooperation, he became interested and said with interest:

"Oh! Mr. Fang, please tell me about it."

"I am also optimistic about a company under the Morgan Consortium. I wonder if we can do a share swap?"

This really surprised Morgan. He didn't expect that this young man would actually set his sights on the companies under the Morgan Consortium. But it was no wonder.

As one of the largest financial groups in the United States, the Morgan Consortium must have a lot of high-quality assets, but no one knows which company Fang Lang has his eyes on.

"Oh! It's our honor that Mr. Fang has taken a fancy to our company. I wonder which company's shares Mr. Fang wants to exchange for."

"As far as I know, the Morgan House is a major shareholder of AT&T, right?"

Hearing Fang Lang's words, Morgan smiled. Indeed, AT&T was a telecommunications company that monopolized the long-distance and local telephone markets in the United States.

Such a company's profitability is obviously very strong.

"Yes, AT&T is indeed a holding company under our Morgan Consortium. However, the scale of this company is now very huge!

If you were to exchange shares with this company, you would get shares that would be useless.”

“Mr. Morgan, don’t worry. I know this company is indeed a very profitable company, but I don’t want to exchange shares with this company.

It was Bell Labs, a subsidiary of the company.”

Hearing this, Morgan was stunned. Of course, the current Bell Labs did not have such great achievements as in the future. This laboratory was established in 1925 after AT&T acquired the R&D department of Western Electronics.

When the company was founded, Walter Gifford, president of AT&T, promised to use 3 percent of the company's annual profits as research funding for Bell Labs.

Since AT&T did not expand rapidly using its telephone patents in the early days, its revenue was not particularly high, which allowed it to avoid the economic crisis in the 1930s.

It was not until the outbreak of World War II that AT&T began to rapidly occupy the entire U.S. market and penetrate into Europe and the United States, which enabled Bell Labs to obtain a large amount of financial support.

Practical results began to emerge: long-distance television transmission, digital computers, talking movies, and artificial larynx.

Of course, the digital computer here is not the later electronic computer.

This means that the company has not actually generated much benefit, and at the same time, the company's R&D capabilities have been recognized by everyone.

Fang Lang now doesn’t know how much importance the Morgan Consortium attaches to this company, and whether he has the opportunity to join the company’s board of directors.

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