Chapter 90
Chapter 90: <Unexpected>
When Woosung got home, he turned on his computer and opened the folder that held the information he collected on Daeyang. He opened the subfolder on Choi Gichul and added more information.
“He appears to fear Choi Gitae.”
“He shows passivity and negativity when he is working on anything that involves Choi Gitae.”
“Need to find out why his personality changed.”
Woosung then opened the folder named Choi Gitae. He added a few lines.
“Owns a mansion at xxx-1 Hannamdong.”
“He is having affairs with actress Kim Heesoo, Lee Minji, Jung Hyeji, and a new idol Lala.”
“Hired many bodyguards.”
“Awkward relationship with Jung Jinsup.”
Woosung leaned back on his chair and thought.
‘Choi Gitae and Choi Gichul.’
They were the business princes of Korea and they were ruthless.
‘It’s not going to be easy to deal with them.’
Choi Gitae was a cruel man. During the party last night, he showed a very harsh side. He slapped a woman for making a mistake with the drinks. He threw a glass at the wall. He was a typical rich brat.
Choi Gichul didn’t show any emotion when Choi Gitae acted in such a violent manner. He seemed used to it.
Woosung wasn’t worried though. He wasn’t the old Woosung who was a nobody anymore. He was the CEO of a rising company. He was in a position to buy products from Daeyang.
He came a long way.
Woosung felt proud of himself.
“June 25th. A one-on-one talk with top star Lee Ari.”
“Only on Coconut Talk.”
The marketing for Coconut Talk began on TV ads and the internet. Already in the iPhone App Store, it was the second most popular app in the social network category.
However, in Korea, it was still not well known.
Compared to MSN, it was nothing. This was an expected situation.
After the commercials with Lee Ari, however, things started to pick up.
“Korea 10211.”
“Korea 10525.”
“Korea 11119.”
Every time the site was refreshed, the number of users increased. In addition, the app was a success in the Korean government. The workers gave great reviews.
“Korea 14219.”
“Korea 18219.”
“Korea 25219.”
It was now time for the special talk event with Lee Ari.
“20000 users.”
“30000 users.”
“50000 users.”
This was the power of Lee Ari. More and more people signed up to have a chance to chat with her. While she messaged with her fans, Lee Ari wondered.
‘How could he forget where the meeting was? How? Why?’
She couldn’t understand. She was a top star. There were people lining up to have a glimpse of her.
Yet he forgot where the meeting was taking place?
How?
While deep in thought, one of her fans messaged her.
“I love you so much! You’re so beautiful and talented. I especially liked it when you had a bang!”
Lee Ari answered kindly.
“Thank you! I will let my stylist know.”
“Haha, by the way, what’s your type?”
“Oh, my type…”
Who?
Lee Ari never thought about it seriously.
“On an interview, you mentioned Kam Sungmin. You aren’t dating him now, are you?”
“No.”
Lee Ari shook her head. One name popped up in her head, but she denied it.
“I’m only your fan so I have no right to get involved, but I really think you would look great with the group Bigwon’s Park Jihwan.”
The fan clearly wanted to continue the chat, but the conversation was terminated abruptly. This was a special event for everyone. The goal was for Lee Ari to chat with as many fans as possible. The amount of time a fan could have with her was limited.
“Time over. You have been disconnected.”
The next fan in line messaged Lee Ari.
While Lee Ari worked, Woosung and Yoon Gihwan talked among themselves. The other two from Daesan were also sitting nearby.
“When are you going to be done with that algorithm you promised?”
Woosung scratched his head. “Oh…Haha. I’ve been really busy lately. I am working on it. As I said before, it will also be used by the National pension department, so I will get to it as soon as possible.”
“You are taking too long. We are getting impatient.”
While Woosung smiled awkwardly, Park Junwoo brought out a laptop and connected it to the beam. Yoon Gihwan continued.
“We couldn’t just sit around, so we prepared something. As we promised before, we are working on the high-frequency trading architecture.”
Woosung nodded. On the screen, the excel program started showing various graphs and tables.
“You said we could test it any way we want with one million dollars, so we did.”
Mokdong IDC
“Quote confirmation: 0.00021 seconds”
“Market order confirmation: 0.00027 seconds”
Yoon Gihwan’s house
“Quote confirmation: 0.00041 seconds”
“Market order confirmation: 0.00152 seconds”
Office
“Quote confirmation: 0.00031 seconds”
“Market order confirmation: 0.00093 seconds”
Yoon Gihwan explained as he pointed at different parts on the screen.
“It was clear the IDC from Nuri was the fastest. So we thought, how can we make the most money using this? To be honest, we thought about doing something unethical, like driving up the price with fake orders and then selling the stocks we own at a higher price.”
This was a possibility, but it could cause problems in the future.
Yoon Gihwan continued, “But we all agreed that this was immoral, so we continued to think. What do we have that we can use?”
Woosung answered, “Winning stock recommendation algorithm.”
“That’s right. We decided to combine the three. The IDC, high-frequency trading algorithm, and the winning stock recommendation algorithm. We named it real-time winning stock recommendation algorithm.”
Yoon Gihwan took a sip of water and continued.
“Park Junwoo is going to now take over the presentation. Junwoo worked very hard on this, so you better give him a good bonus later.”
“If it makes good profits, I will make sure you get a huge incentive!”
Woosung’s original algorithm analyzed the past data and provided a rough prediction. Because it didn’t analyze in real time, it couldn’t provide an estimated time of when the stock would rise.
What Park Junwoo added to this system was the real-time component. It filtered Woosung’s algorithm’s recommendation once more to narrow the list down.
“I created it so it focuses on small increases, but with our speed, we can complete many transactions. For example, even if there is a profit of 10 cents, if we can carry out 10000 transactions, it could be a profit of 1000 dollars.”
“That’s brilliant, and what about in America?”
“Even in the US, we were able to see 3% profit daily for the last month.”
Park Junwoo looked proud. 3% per day meant 300% profit in a year.
Woosung ordered, “Then let’s invest 50 million dollars in the Korean market and 50 million in the US. Our goal will be 500 million dollars by the end of this year.”
Yoon Gihwan’s eyes widened as he stared at Woosung. If they were successful, the three of them could make a huge bonus.
Woosung continued.
“As I told you guys before, I am willing to pay high salaries. I am ready to support you in any way, so make me a big profit and you will get rich too.”