The Youngest Son Of A Rich Family Chapter 140

Jin Seo-yoon’s lips burned when the price of 2 stocks of rich ants fell to 6,000 won.

She poured all her anxiety and nervousness on Lim.

“I am sure it is, boss. The investment has already fallen to the approval of Son Hoon-jae, president of electronics. It is said that the price per share is being adjusted when participating in the stake. Now the stock price is rising again. Please wait patiently for a little while.”

As Lee said, the stock price, which had fallen to 6,000 won, suddenly rebounded and hit 10,000 won again in an instant.

It didn’t stop here. It hit the upper limit every day as if it had gained momentum from a turbo engine, and finally crossed the 20,000 won mark.

However, as soon as the stock price reached 20,000 won, sales started pouring in as if they had waited, and it fell for three days in a row.

People who cheered and sighed one after another at the fluctuating stock price.

In the second half of 1999, the fluctuating stock market of New Data Technology was the eye of the typhoon.

Just in time, an emergency press conference by CEO Lee Sang-soo was also held.

A few days ago, a securities-related site said, ‘Son Jeong-eui’s Softbank invests in new data technology.’ It was clear that it was a major announcement because there were rumors such as ‘joining forces with Yahoo to list on NASDAQ’.

CEO Lee Sang-soo turned his eyes toward the ceiling to avoid the reporters’ flashlight. After the conference room became quiet, he started a brief presentation in front of the microphone.

Reporters frowned as the rumors of a solution to current problems and a vision for the future continued.

It is because there is no proper news story because the name of the emergency press conference is embarrassingly ordinary.

CEO Lee Sang-soo continued to glance at his watch, and finished the presentation as noon approached.

“The boring times are over. We can announce it by now.”

When he changed the subject, the reporters returned to focus.

“New Data Technology has decided to partner with Sunyang Group to foster a global brand…”

The name was used, not Sunyang Electronics, but Group. It was to further increase the destructive power of the announcement.

The partnership contract in the form of equity participation by Soonyang Electronics is on the same day at 11:00. In preparation for a ‘contingency’, security was strictly maintained until a safe time, and reporters were allowed to enter the conference room after checking their identities one by one.

As soon as the stock market opened this morning, the sales force that poured out must have been swept away.

In just a few hours, the stock price skyrocketed again, and the ants who sold stocks in the morning trading had to listen to the news of the press conference with a feeling that the sky was falling.

As soon as the announcement of Sunyang’s equity participation was over, questions from reporters poured in. When asked about an embarrassing question, President Lee either blurted out his words or answered on the premise that it would not be reported.

Oh Se-hyeon, who confirmed this interview as breaking news, hurriedly made several phone calls and burst into laughter.

“President Lee Sang-soo was thinking about running away, so I shook hands. I shouldn’t be like that… Huh really.”

“Why are you like that?”

“I sold 1 million shares of my stock to Sunyang Electronics. Now, the president’s stake is about 10%. Soonyang Electronics became the second largest shareholder.”

Founder and CEO sold shares. It is still the largest shareholder, but this will provide an excuse if there is a problem later. There is no way to escape the suspicion that you have made a plan to get out with cash in advance.

“Now that we have 20 billion won in cash, wouldn’t it be a paid-in capital increase? Is that the only way to increase capital?”

“I guess so. I’ll probably put 10 billion won in a paid-in capital increase. Still, I took 10 billion won.”

Oh Se-hyeon was worried about his junior, and I was worried about my aunt.

Now, drunk on the skyrocketing stock price, they may forget our request. You must sell it when it is 40,000 won and make a fourfold profit. Only then will we taste the thrill of gambling and be intoxicated with the win and it is out of our control.

From then on, if you leave it alone, it will collapse on its own.

How much money will you lose and collapse?

* * *

“Do Jun-ah. do you really have to sell it? Aren’t you stupid?”

“Sell it. CEO Oh’s senses are rarely wrong.”

“You keep climbing.”

My aunt held out the newspaper in front of me with unreliable eyes.

“When the stock price goes down, the selling volume pours in at once. You know. If you miss the timing at the moment of oops, there is no turning back. You’ve earned enough.”

My aunt quietly called me out. It was to avoid Oh Se-hyun’s nagging. However, when the same sound came out of my mouth, I couldn’t hide my regret.

“Did you sell it too? entire?”

You should answer well. Since ancient times, aren’t humans a kind of people who get sick to their stomach when their cousins buy rice fields?

“We have already disposed of everything. Around 38,000 won. I have 25 times left, so that’s enough.”

Of course I still have it.

“what? Twenty-five times?”

I spoke to my aunt, who was stuttering with her mouth wide open, as if it was not a big deal.

“yes. We bought it at the time of listing. Was it fifteen hundred won?”

“hey! Why didn’t you tell me beforehand?”

“I didn’t know because it was a company project. As an investment company, I always only look at the stock market, so I didn’t miss the timing of listing.”

“Even if the company bought it, wouldn’t it include your investment?”

“I don’t have much anymore. It was all used for my uncle’s campaign funds, and the land in Sangam-dong that he received in return is still intact. I know it cost about 500 million won.”

You won’t hear anything anyway. It is obvious that only the number 25 times remained in her head.

“aunt. There are always opportunities to earn pocket money. Don’t hold back now and sell everything.”

I can’t even imagine how many swearing I’ll get for what I’m saying right now. If you think of your aunt’s fiery personality, you should be prepared for getting caught.

My aunt was in the position of temporarily ‘appropriating’ the company’s money, so she couldn’t take any more risks.

In the end, when it was just over 40,000 won, I only received a call saying that it was all sold. It doesn’t tell you how much you invested and how much you earned.

My aunt persuaded me, but a tougher mountain holds me back.

Oh Se-hyeon didn’t even make a loud noise.

“Twenty-five thousand won? Is that your prediction?”

“Are you crazy?”

“You know. thank god. I thought you were crazy.”

“By the way, Uncle. Think carefully.”

“what?”

“Every time I said something crazy, what was the result?”

“That’s why I’m standing still. If not, I would have taken you to the hospital or tried to find out who gave you that nonsense.”

You know very well that you can’t overcome my stubbornness anyway, and it sounds crazy, but I know that maybe another unbelievable result could come out.

“I will sort it out. It is my personal investment.”

He smiled and said to Oh Se-hyeon, who accepted it more easily than expected.

“Would you regret it? Hehe.”

* * *

What would the stock price be like if there were no ordinary investors or any operational forces attached to New Data Technology?

It was a venture frenzy, but everyone in Yeouido sensed that it was an end anyway.

twenty thousand won? Forty thousand won? Maybe this wasn’t the maximum?

When the stock price was unable to exceed the 50,000 won mark, a good news came out to ignite the momentum.

CEO Lee Sang-soo personally announced the new business model being pursued with the goal of going public in the US.

The media was also a gang.

A huge amount of space was devoted to launching the ‘Dial Pad’, a product that puts the technology of ‘VoIP (Voice over Internet Protocol)’ announced by CEO Lee Sang-soo into practical use.

Compared to the ‘pattern-only ventures’ whose stock prices skyrocketed for no reason just riding on the KOSDAQ craze, they were busy raising their eyebrows as a technology that was vastly different.

They made a fuss about signing up for 500,000 members in a short period of time, but thoroughly concealed that the more subscribers, the worse the profit.

Most of the 500,000 subscribers are college students with low propensity to consume, so there was not a single line of opinion that there was a limit to the advertising promotion of the dial pad.

When the stock price, which had been slowing down, hit 100,000 won at once and shot up, Oh Se-hyun was white.

“Everyone is crazy. Now, the market cap is in trillions. Losing 30 billion in sales, I have no other way to explain that the company’s stock price is at this level, other than that it’s going crazy.”

“Among the people who are buying stocks right now, is there anyone who thinks about that? If you fall behind in this frenzy, you will be called an idiot.”

“It crashes all at once. It all ends up being scraps of toilet paper. It could be tomorrow.”

Oh Se-hyeon said that the higher the stock price, the more he trembles with anxiety and must quickly dispose of the stock.

“uncle. Even if my prediction is wrong, the company funds 3 billion. Isn’t it all about blowing 500 million of my personal money? It doesn’t show even if Miracle blows about 3 billion won. Same goes for my money. Let’s watch until the end.”

It was true.

Even if he collapsed right now due to an unexpected variable, there was nothing to regret or regret. The only thing I’m worried about is that my aunt has to come back into this edition.

I tasted four times the money in a short period of time, but there is too much money to just sit still. Isn’t it a peculiar kind of thinking that tens of billions of dollars are like money in ordinary people’s wallets?

* * *

When he sold everything for 40,000 won, believing only Jin Do-jun’s words, the stock price skyrocketed once more. Jin Seo-yoon was furious and couldn’t get his hands on the work.

However, the stock price continued to rise and did not come down, and Jin Seo-yoon started to buy again. Secretly, without the knowledge of anyone except Lim, who is raising the funds.

The gambler, who knows the taste of big money coming in with a single choice and decision, gets his wife caught and turns the hand around. Jin Seo-yoon was no exception.

A gambling board where you can not quadruple but 25x.

She blocked the money to be paid to the businesses in the department store with a bill. Out of the cash coming in from 11 department stores and hotels, all but the money that must be paid was poured into new data technology. I thought it would be over in two months at the most.

In addition, he paid a lot of fees to players in the Myeongdong bond market and traded under borrowed names. I was thinking of using all the profits as a slush fund.

At first, it was possible to secure quite a lot with 10 billion won, but when it exceeded 100 thousand won, the amount in hand decreased dramatically.

Of course, the stock price continued to rise, but when too much money was ‘given’, anxiety set in. The worry of Lim, who was causing anxiety by the side, also played a role.

“president. You can’t stop rumors if you go on like this. There is even a bad rumor that the bill may go bankrupt due to poor management.”

“Ignore it. It will be over by the time you confirm the rumors.”

“But…”

Jin Seo-yoon couldn’t stand it and screamed.

“Do you know what the unemployment rate is now? Our department store finished with minimal restructuring. Like other subsidiaries of Sunyang, no, like the Daehyeon Group and the Jungil Group, will you come to your senses if you lay off more than half of them?”

“I’m sorry.”

“I’ll make sure it’s locked down. If we can’t stop the rumors, we’ll see what real restructuring is like. We will change more than half of the business establishments and replace the hotel staff with temporary positions, starting with the manager level. Did you understand?”

The heart of Jin Seo-yoon, who shouted and threatened, was also not comfortable.

I wanted to stop at this point, but just looking at the stock price chart changed my mind. Looking at the steadily rising slope of the graph, it was clear that a month’s department store’s profit came out in a week.

Uneasy, she called people to comfort her. Someone who will tell you something that will make you feel safe and fall asleep.

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