There is no doubt that the major strategy announced by Bluestar Technology this time has once again become a hot topic in the technology industry.

The concept of "cloud computing" has also entered people's vision for the first time.

However, not only Wall Street is not optimistic about Bluestar Technology's strategic decision, but also generally the industry is not optimistic about it.

Of course, since Luo Sheng started his business, there are not many things he has done that are favored by people so far.

This also caused Bluestar Technology's stock to fall all the way. By April 9, the company had fallen for three consecutive days, with a total market value of US$70.7 billion that day, which was overtaken by Dell.

In just three days, 7.1 billion US dollars evaporated, equivalent to ￥56.8 billion yuan and disappeared.

If this trend continues, Bluestar Technology may continue to dive downward and fall below the 70 billion US dollar mark.

This time, Blue Star Technology is really a bit big.

Almost all the $5.6 billion raised by IPO has been invested in the cloud computing service field. Even giants like Microsoft and ibm dare not invest so much in an unknown field.

That's no different from gambling, and the chances of winning are almost unknown.

This is how many media described it this time. Bluestar Technology’s massive entry into cloud computing services is a big gamble.

This also pushed Luo Sheng and his management team to the forefront again.

The subsequent article in the Wall Street Journal questioned whether Luo Sheng and the entire young management team were mature. You should know that this technology company is not only young, but also has very young management teams. As far as the founders are, they are all in their early twenties.

The one who masters the power that is enough to derail the high-speed train of Blue Star Technology is precisely CEO Luo Sheng and the management team themselves. The entire market is worried. This is undoubtedly the time to test investors' vision and heartbeat.

It is conceivable that if Luo Sheng did not strengthen control before the IPO was listed, Wall Street would definitely find ways to kick him out.

For Luo Sheng, the external market's dissatisfaction and pessimism about Blue Star Technology cannot affect him, nor can it affect the core team, because he has already communicated with the core team. It can be said that the stock price drop is expected.

Although the stock market reacted poorly, the core team's confidence increased greatly because they magically discovered that all this seemed to follow Luo Sheng's perfect schedule.

...

"Mr. Luo, BTC's stock has plummeted one after another. As CEO, don't you plan to explain publicly to revive investors' confidence? To be honest, is your massive investment in the cloud computing field a bit too aggressive?"

Today is April 10, when Luo Sheng is in a satellite call with Paul Watson of Goldman Sachs Group.

Goldman Sachs was indeed a little anxious. He just lent a huge sum of money to Luo Sheng. A few days later, the company's stock plummeted.

You should know that Goldman Sachs currently holds a large number of Blue Star Technology stocks and has not yet passed the restricted period. Although it cannot stop Luo Sheng, his dissatisfaction must be expressed.

"As it said, Mr. Paul, don't think too much. Covering the BTC stock trading code will make you make a fortune." Luo Sheng said with a smile: "The company's management team is very clear about what it is doing. Let's take a step back. Even if our strategy fails and more than 5 billion US dollars are wasted, it will not have a significant impact on Blue Star Technology. The money raised by IPO is for the Alin cloud computing service. Could it be to buy back the stocks? Or lie on the books?"

"Shock, damn!" Paul Watson heard a voice on the phone: "You are like this every time. Although you have won before that, as an investor, of course you are happy to see it. But can you not play so thrillingly every time? I don't like excitement. The stock market is very sensitive, and you play too much at a time."

Paul Watson complained repeatedly, but he didn't know what to say. Luo Sheng has not made any mistakes so far. Investors were slapped in the face again and again, although they were very happy in the face.

"Haha, okay, old friend, I'll give you some internal news. The company's first quarter audit financial report this year has already come out. We decided to officially disclose it in a week. I'll only say so much." Luo Sheng responded with a smile.

Paul Watson on the other end of the phone was stunned for a while when he heard this intriguing laughter. His first intuition told him that this financial report might once again exceed Wall Street's analysis and prediction.

God!

Paul Watson asked quickly: "What is the profit?"

Luo Sheng: "Sorry, I can't tell you in advance. What you know is illegal. If you are investigated, you will be fined."

Paul: “…”

As soon as he said this, Luo Sheng couldn't help but think of Qin Weimu's explanation before. Now he has probably started preparing for a transaction, but the possibility of being discovered is slim.

Because in order to be as hidden as possible, the operation of Qin Weimu is very complicated, involving multiple transactions, and it is globally. In the end, you don’t know how many institutions and anonymous accounts the money has passed through.

Just going to Swiss banks and other financial institutions is already very safe. If you take a step back, you will be fined at most, and then you will be condemned, and then you will be nothing.

If you really want to do it, none of the people on Wall Street are clean, especially Goldman Sachs Group.

It’s enough for everyone to understand many things, but you can only understand them but not express them in words.

After a while, Luo Sheng replied: "That's it. Another point is that I hope that if there is a similar question in the future, please don't call me. Ask me and read the financial report, otherwise I can only pull you into the blacklist of my private phone. I am really busy. It has been wasting my precious six minutes of time to make this call with you, and that's it."

Paul: “…”

Obediently hung up, Paul Watson took away his ears and stared blankly at the landline phone in his hand, and shook his head helplessly.

However, Luo Sheng's words made him excited. This is the benefit of being a major shareholder. Paul Watson believes that he may have said this from other major shareholders. The expression may be different, but the meaning is probably the same.

The immediacy of information is money, especially in the financial stock market. News obtained in advance, whether good or bad, is good or bad.

Nasdaq's panels, real-time k-line charts, and the numbers rise and fall, making people get rich overnight and bankrupt overnight.

...

Time passed day by day. On April 16, Blue Star Technology's stock fell to US$67.5 billion, evaporating by US$10.3 billion. Industry media gloatingly said that Luo Sheng was probably playing this time, and he might fall below the issue price.

You should know that the current price-to-earnings ratio of Bluestar Technology Group has reached 73, and the price-to-earnings ratio of most listed companies remains at around 20 to 30.

However, on the 16th, when the data fell to $61.36 per share, the offshore trust fund managed by Qin Weimu began to purchase a large number of people, and she had already asked the foundation traders to stand by.

The trading volume on that day reached 16.75 million shares, and basically $1 billion has become BTC stocks.

Today, if you pay attention to Blue Star Technology's stocks or holders, you will find something wrong. The most obvious thing is that the trading volume is wrong. The daily closing volume in the past period fluctuated around 4 million, but today it suddenly soared by 42 million shares, and it is still rising.

It is obvious that a huge amount of funds are pouring in.

Bluestar Technology's stock stopped falling before the closing of the day and rose rapidly, with an after-hours trading price of US$63.27 per share.

More and more small and medium-sized investors and retail investors saw this sudden reversal of the wind, and they were so angry that they cursed on the spot, especially the large number of retail investors selling at low prices affected by market sentiment fluctuations when buying at high prices, and they were simply bleeding.

Due to the time difference, with the nightfall in the Western Hemisphere, the Eastern Hemisphere reached around 14:20 pm on April 17, and Bluestar Technology Group officially released its first quarter audit financial report for 2006.
Chapter completed!