Chapter 694: 238, Falling below everyone’s expectations_3 Chapter 694: 238, Falling below everyone’s expectations_3 The second matter: ABC is preparing to launch an evening show that will break down the dimensional barrier between the audience and the radio station, truly creating a program in which every listener can participate.
As soon as these two pieces of news were announced, Wall Street reacted immediately!
The falling stock price of ABC came to an abrupt stop and then began to climb steadily.
In just one day, ABC’s stock price reached its peak level, and the momentum hadn’t even ended yet.
By the next day, ABC’s stock price continued to rise until the company’s overall market value had increased by 20% and then stabilized within that range!
By now, everyone knew that ABC’s internal issues had been resolved, and the situation where everyone was looking forward to a spectacle would no longer occur!
“Donnie, my friend, you have truly opened our eyes once again.
I didn’t expect this matter to end so swiftly!”
Today, George Whitney was representing Morgan in his meeting with Donnie.
And it was as if they had arranged it, not just Morgan’s George Whitney, but General Electric’s Owen Young and Merrill’s Charles Meili also came to see Donnie.
Donnie said with a smile, “George, I remember you calling me before and suggesting that ABC should not be too hasty in its actions, right?”
George Whitney was taken aback and asked, “Did I make that call?
I don’t remember doing so.
I think Donnie must be mistaken.
We have always been the best of partners, and whether it’s Morgan or me personally, we have complete trust in you.
How could I possibly make such a suggestion!”
Faced with George Whitney’s feigned ignorance, Donnie just laughed and didn’t bring up the matter again.
“However, where in the world did you find this Joseph Schenck, Donnie?
I have seen for a while now, this man is decisive and definitely talented!”
At this moment, George Whitney didn’t mention his initial skepticism about Joseph Schenck.
“Donnie always has the power to turn decay into magic.
I believe it was no problem for Donnie to find Joseph Schenck!” Irving Young was obviously flattering Donnie at this time.
On this matter, Irving Young had also called Donnie before, but on the phone, Irving clearly told Donnie that the call was made at the request of General Electric’s chairman and was not his own idea.
As for Irving Young’s personal opinion, it was simple: to support Donnie!
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After the matter of ABC going public, Irving Young inevitably became the scapegoat upon returning to General Electric and his position was in danger.
Then, Donnie, as one of General Electric’s directors, expressed his support for Irving Young and stated that no matter who General Electric sent out at that time, they would not be able to beat him.
With the support of Donnie, a director, Irving Young managed to get through that difficult time.
It can be said that Irving Young is now Donnie’s avid admirer!
Hearing Irving’s blatant words, George Whitney pursed his lips, and Charles Meili displayed a disdainful look, then said.
“Donnie always manages to surprise us.
The recent surge in ABC’s stock price is the true transformation of decay into magic!”
George Whitney and Irving Young simultaneously shot Charles Meili a contemptuous look.
After some joking around, the three of them also presented their purpose for visiting.
They wanted to see what Donnie thought about the two plans proposed by Joseph Schenck!
Especially the second plan for the evening show!
Radio dramas had already proven their ability to attract listeners through KDKA’s execution, but Joseph Schenck’s project involved innovation.
Innovation means the unknown.
As for the second project, although they had received the “Millionaire” project proposal, the version they got was redacted and did not allow them to know the true nature of the program.
In simple terms, one project involved the uncertainty of innovation, and the other was entirely innovative!
They clearly understood that the company’s current stock price was actually inflated, having been stimulated by the announcement of the new projects.
As the saying goes, the higher you stand, the harder you fall.
If these two projects fail to meet the audience’s expectations, then it will directly reflect on the company’s stock price.
Even if they knew the stock price was inflated, they would still find it hard to accept if they saw it fall!
As if unaware of their concerns, Donnie said with a smile, “Didn’t you see ABC’s stock performance today?
Hasn’t the market already given the best response?”
George Whitney replied with a wry smile, “Donnie, stop teasing us.
You know what we’re thinking!”
Seeing the earnest expressions on their faces, Donnie said with a laugh, “Do you really think I’m God?
How could I possibly know if the audience will accept these two new projects before they even air?”
George Whitney, a devout believer, earnestly said, “If possible, Donnie, on this matter, I am willing to regard you as God.
These two projects have accounted for millions of dollars in the company’s budget, which is not a small sum at all!”
See, this is their true nature!
They hope the company’s stock price will climb forever, and they hope it would do so without any changes.