The next day.
At the NASDAQ Stock Exchange.
At this moment, the exchange was bustling with people, all eager to grab a piece of the succulent pie amidst the internet boom.
The three titans of Summit Entertainment, Patrick Wachsberger, Bob Hayward, and David Garrett, were also present.
Patrick: "How else can we get rich if we don't buy more shares in internet companies? And if we don't get rich quickly, where will we get the funds to develop Summit Entertainment into a major company on par with the Big Six?!"
Bob Hayward hesitated, "Isn't the risk too great? After all, the stock market has its risks."
"Haha!"
David Garrett scoffed, "Bob, you're just too cautious. Think about our Summit Entertainment. We've been in business for almost six years, and we haven't made much money, but the stock market can make money!"
"That's not right!"
Bob Hayward immediately retorted, "The movie 'Lock, Stock and Two Smoking Barrels,' directed by Guy Ritchie and starring Jason Statham, which we released in March, has grossed tens of millions of dollars at the box office since its release a few months ago. How can you say we're not making money?"
As he finished speaking, Patrick and David both burst into laughter.
"Buddy, do you know how much Patrick has made in the stock market recently?" David suddenly asked.
"How much could it be?"
Bob Hayward's question carried a hint of disdain. Compared to Patrick and David, he was more of a pure filmmaker, his focus always on movies.
"Seven million dollars!"
David whispered, "In just four months, Patrick made seven million dollars on the NASDAQ stock market. That's much faster than making money from movies."
Holy cow!
At that moment, even Bob Hayward, who didn't know much about the stock market, was stunned.
"That amazing?" Bob exclaimed.
David immediately laughed, "Now you know how amazing it is, right? That's why I said the stock market makes money faster than movies. You should support Patrick's and my suggestion to mortgage Summit Entertainment. That way, we'll have a huge capital to make a fortune in the stock market. Wouldn't that be wonderful?"
Patrick nodded and smiled, "Bob, I'm bringing you guys along to get rich this time. Don't let down my good intentions."
Bob Hayward: "..."
This whole thing today was completely a power play by Patrick and David!
Patrick Wachsberger, Bob Hayward, and David Garrett were the owners of Summit Entertainment. Patrick held the majority of shares and was the major shareholder. He and David could mortgage their shares to invest in the stock market, but they had to consider the influence of Bob, who was also one of the three titans.
A movie boss not making movies, but instead mortgaging the company and investing in the stock market?
This would have a huge impact on the morale of everyone in the company!
This was a problem they had to consider.
Therefore, Patrick and David planned to tie Bob into their stock market plan as well.
David urged, "Bob, this is an opportunity not to be missed!"
Patrick also said, "I've already prepared the share mortgage agreement, and Citibank has promised that as soon as you, I, and David sign it, the contract will take effect immediately, and 50 million dollars will be deposited into our account within 10 minutes."
With things laid out like this, Bob was somewhat conflicted, but also tempted.
He was a pure filmmaker, true, but who didn't like money?
"Let's do it." Bob immediately signed the contract.
David and Patrick also smiled.
Sure enough... in less than 10 minutes, 50 million dollars was deposited into Summit Entertainment's account.
"Great things are to be expected!"
Patrick said loudly, "We will definitely make a fortune from this, and then we will invest heavily in Summit Entertainment, quickly growing into an entity that can stand shoulder to shoulder with the Big Six."
It must be said that all three, Patrick, were ambitious individuals.
When they founded Summit Entertainment, they initially positioned this new company as a top Hollywood player that could stand on equal footing with major studios, rather than a small-time production company.
However, for the first decade or so, this positioning seemed more like a joke!
Like other Hollywood studio challengers, Summit Entertainment was constrained by insufficient financial resources. They couldn't attract top Hollywood directors and stars, and their box office performance consistently ranked last among all large, medium, and small distributors.
Of course, it later rose!
"The Hurt Locker," "Twilight," "Step Up," "Now You See Me," "Divergent," "Red," "Source Code," "Gods of Egypt"... all well-known Hollywood films!
However... in 1999, Summit Entertainment was just a "little brother"!
"Huh?"
"Look, someone is selling a large number of HP shares."
"Dell's shares are also being dumped."
"Oracle's shares too!!!"
Immediately, many people in the entire NASDAQ Stock Exchange went crazy!
When others dumped shares, they naturally scrambled to buy them.
"David, quickly tell the traders to snatch up these shares for me, quick, quick, quick, grab as many as you can." Patrick was overjoyed.
"Right away!"
David made a call and immediately instructed the traders to act quickly.
Bob was puzzled, "Are HP, Dell, and Oracle shares that popular?"
Patrick immediately laughed, "Bob, you don't trade stocks, so you don't know the situation. Let me put it this way, if we can acquire 10 million dollars worth of shares from these three companies, according to the current market and my operating plan, then in three months, we can make at least 2 million dollars in profit."
"That much?!" Bob exclaimed.
"That's how much it is. Of course, I have to be the one to operate it; ordinary people can't make that much money." Patrick proudly patted Bob on the shoulder.
Simply buying shares naturally wouldn't make that much money.
But don't forget, there are many ways to speculate in the stock market, and this is where the difference between professionals and ordinary speculators lies...
Burbank Villa.
At Kyle's home.
"Boss, all the small fractional shares you held in six companies, including HP, Dell, Oracle, and IBM, have been sold today, totaling 172 million USD in cash," reported private financial advisor Anna Josephine.
"Excellent!"
Kyle smiled, "My selling these small fractional shares shouldn't attract attention in the current NASDAQ market, right?"
Anna nodded, "Indeed. If you were to sell 2% of Yahoo's shares or 8% of Amazon's shares, that would definitely cause a sensation."
Small shares can simply be traded in the circulating stock, but large shares absolutely cannot be, otherwise Kyle's interests would inevitably be harmed.
With another 172 million USD in cash, Kyle was naturally in a great mood.
It's worth noting that Kyle only spent less than 30 million USD to purchase these shares initially. Who wouldn't be happy to earn such a large sum of money?
"Continue to raise funds. I want to make a fortune in the internet bubble crisis a few months from now," Kyle thought to himself.