Life at The Top novel Chapter 796

The market reacted almost immediately once they knew of Sena’s statement.

Sena’s share prices had another burst once the statement was released and stabilized at 110 US dollars. It was likely for it to keep rising and its trend was steep!

At the same time, in the president’s office of Nasdaq Exchange Center.

Franklin and Paulson were chatting. The duo had yet to find out about Sena’s statement, so they did not realize that Sena’s share prices had suddenly spiked.

Paulson still did not believe that Sena would surpass 120 US dollars per share, for the dot-com industry’s economy had yet to recover after its bubble popped. To exceed such a price was an impossible feat!

“You’ve been sitting here all day, old friend. It seems like Sena’s share prices really won’t be able to exceed 120 US dollars as you predicted.”

As the president of Nasdaq Exchange Center, Franklin had seen way too many hyped or insignificant shares go public and privatize.

Franklin had more experience in share securities than Paulson and perhaps even more authority when it came to theory, or he could not have assumed the position as president of one of the world’s six biggest exchange centers.

Paulson smiled softly and pointed at his brain. “That’s because I have a fundamental understanding of the financial market and dot-com industry as a whole.

“I agree that Sena is an outstanding company, and if it had gone public before the dot-com bubble popped, I’m sure a company with its results can easily amount to 180 US dollars. But the industry is no longer the same.

“The limits of its share prices isn’t the business, but the market’s ceiling.”