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MacRumors
Apr 30, 2013, 01:47 PM
http://images.macrumors.com/im/macrumorsthreadlogo.gif (http://www.macrumors.com/2013/04/30/russian-billionaire-buys-100-million-in-apple-stock/)


With Apple's stock price at its lowest levels (http://www.macrumors.com/2013/04/17/apple-stock-price-hits-lowest-levels-since-2011-falls-below-400/) since 2011, Russian billionaire Alisher Usmanov -- one of the main investors behind the Digital Sky Technologies (http://en.wikipedia.org/wiki/Digital_Sky_Technologies) investment group -- has purchased $100 million (http://www.bloomberg.com/news/2013-04-30/billionaire-usmanov-bets-on-apple-s-growth-after-facebook.html) of Apple stock, reports Bloomberg.

http://images.macrumors.com/article-new/2013/04/usmanov.jpg"I believe in the future of this company even after Steve Jobs," Usmanov, 59, said in an interview at Bloomberg's Moscow offices, referring to Apple's late co-founder. "When the company lost $100 billion of its market value, it was a good time to buy its shares, as the capitalization should rebound."Usmanov is estimated to be Russia's richest man with a fortune worth $19.8 billion.

Article Link: Russian Billionaire Buys $100 Million in Apple Stock (http://www.macrumors.com/2013/04/30/russian-billionaire-buys-100-million-in-apple-stock/)



Kissaragi
Apr 30, 2013, 01:49 PM
Sounds like a wise move

Klae17
Apr 30, 2013, 01:49 PM
In Russia, Apple stock buys you!

adildacoolset
Apr 30, 2013, 01:50 PM
I honestly think that the people who claim that apple are doomed, are stupid. Seriously, even thing the profits this auareter weren't the highest, ask yourselves this: what product was launched in this quarter? Nothing! No announcement this quarter. So how can someone realistically expect record-breaking charts?

Squilly
Apr 30, 2013, 01:52 PM
Good move. That's a lot of money invested in one company. :eek:

Flood123
Apr 30, 2013, 01:53 PM
Very smart man.

lolkthxbai
Apr 30, 2013, 01:56 PM
Should have invested 1 Billion. Now we're talking :cool:

Jumped about 10 points today. Nice :apple:

carestudio
Apr 30, 2013, 01:56 PM
Just invest 10% of his money on me, then I would be extremely happy :)

BC2009
Apr 30, 2013, 02:02 PM
Should have invested 1 Billion. Now we're talking :cool:

Jumped about 10 points today. Nice :apple:

It's jumped about 10 points every day for the last five days. AAPL is completely under-valued right now. If I had a $100M to invest, it is where I would put it. I already put a load of my investment money in AAPL for the long-term. I don't think the stock has seen its high even at $700. Too bad, my investment money is nowhere near the $100M this guy can throw around. He's going to make some serious cash.

nsayer
Apr 30, 2013, 02:06 PM
I honestly think that the people who claim that apple are doomed, are stupid. Seriously, even thing the profits this auareter weren't the highest, ask yourselves this: what product was launched in this quarter? Nothing! No announcement this quarter. So how can someone realistically expect record-breaking charts?

And though the quarterly profits weren't the highest, they were the *FOURTH* highest in the history of the company - only 3 quarters ever have done better, and (though I haven't checked), I'm confident that the 3 higher ones were Q4 rather than Q1.

Michael Scrip
Apr 30, 2013, 02:06 PM
He reminds me of the Russian guy in the movie "2012"

jroadley
Apr 30, 2013, 02:08 PM
He also has a share in Arsenal Football Club.

He's alright by me...

Michael Scrip
Apr 30, 2013, 02:09 PM
It's jumped about 10 points every day for the last five days. AAPL is completely under-valued right now. If I had a $100M to invest, it is where I would put it. I already put a load of my investment money in AAPL for the long-term. I don't think the stock has seen its high even at $700. Too bad, my investment money is nowhere near the $100M this guy can throw around. He's going to make some serious cash.

Just curious... is there any other company you'd feel comfortable putting a lot of money into?

It seems like the consumer electronics market is a fickle market.

uknowimright
Apr 30, 2013, 02:13 PM
He also has a share in Arsenal Football Club.

He's alright by me...

they really need to start investing some of his money on world class players

Karma*Police
Apr 30, 2013, 02:14 PM
Buy low, sell high. Sounds like a winning strategy. Seems like such a simple concept, yet the majority of folks do the opposite.

Jibbajabba
Apr 30, 2013, 02:16 PM
I could throw up imagining his winnings if the shares climb up $100 ... Throw up in envy of course :)

Very smart move ...

Shrink
Apr 30, 2013, 02:20 PM
Ptooey!

Pin money.

A mere bagatelle.

Money found in my couch cushions.

Wait until the news hit about MY stock purchase.

I can say no more now...:cool:

stevejolly
Apr 30, 2013, 02:21 PM
:p:pJust invest 10% of his money on me, then I would be extremely happy :)

No, no, no! I can top that offer. Invest in ME!

Just invest 10% of your money in me, and I will grow!

Estimated rate of growth, short-term, with adequate funding, with three reeeeealy nice, big meals a day (I will guarantee that!), then a nice long nap each day in very relaxing surroundings; say, Cabo or even on the Black Sea near Yalta or Istanbul; I could easily double my size in less than two years, pretty much a lock on that! :)

IJ Reilly
Apr 30, 2013, 02:24 PM
:p:p

No, no, no! I can top that offer. Invest in ME!

Just invest 10% of your money in me, and I will grow!

Estimated rate of growth, short-term, with adequate funding, with three reeeeealy nice, big meals a day (I will guarantee that!), then a nice long nap each day in very relaxing surroundings; say, Cabo or even on the Black Sea near Yalta or Istanbul; I could easily double my size in less than two years, pretty much a lock on that! :)

Great plan, but selling shares of yourself could be painful.

inscrewtable
Apr 30, 2013, 02:35 PM
100m to someone with 19b is like someone with 19m investing 100,000.

Shrink
Apr 30, 2013, 02:40 PM
100m to someone with 19b is like someone with 19m investing 100,000.

Or, in my case, it would would be like someone with $190.00 investing $1.00.

Just trying to bring it down to earth...:p

dBeats
Apr 30, 2013, 02:50 PM
One more dip would be great, so I could buy a few more shares. AAPL has been trading completely decoupled from reality ever since the Hedge Fund Managers believed the twitter/blogo/geekaverse that Android was "like, totally cooler and they are innovating better than Apple" and that somehow Samsung would not only surpass Apple, but take the lead in design direction. When I watched the cringeworthy S4 announcement, it was proven once and for all that Samsung has no taste, none. I couldn't watch the whole thing it was so painfully lame.

A short time after that those hedge fund idiots realized something that is so obvious to most of us: Android is a platform people move to when they are new to smartphones. Once they use one the realize what they really want, and they typically jump ship to iOS and then they stay there. This means Android builds market share as long at the number of dumb phones >= smart phones. Guess what, that threshold is over now. And if Android can't hold on, people will jump ship to Apple, Blackberry, and maybe if they are feeling masochistic, they'll go to Winblows Phony.

roadbloc
Apr 30, 2013, 02:54 PM
http://2.bp.blogspot.com/-y44BXehdCqg/UKHDCdILy_I/AAAAAAAABeE/clLl9SeND9M/s1600/3ps5zq.jpg

:p

adildacoolset
Apr 30, 2013, 02:54 PM
And though the quarterly profits weren't the highest, they were the *FOURTH* highest in the history of the company - only 3 quarters ever have done better, and (though I haven't checked), I'm confident that the 3 higher ones were Q4 rather than Q1.

Imagine, and the other quarters had blockbuster product lanches. Apple is strangely moving all of the products to fall for some reason. We haven't even heard a peep from them, besides the earnings calls and the WWDC 2013 date announcement.

Rogifan
Apr 30, 2013, 02:57 PM
I honestly think that the people who claim that apple are doomed, are stupid. Seriously, even thing the profits this auareter weren't the highest, ask yourselves this: what product was launched in this quarter? Nothing! No announcement this quarter. So how can someone realistically expect record-breaking charts?

What publicly traded company had higher profits this quarter? Exxon Mobile's were $9.5B, same as Apple's.

Mr. Retrofire
Apr 30, 2013, 02:58 PM
Just curious... is there any other company you'd feel comfortable putting a lot of money into?
Oracle. 5+ years, or at least 3 years. The number of devices which use Java grows daily. Databases are also necessary in our growing IT-world.

lordofthereef
Apr 30, 2013, 03:03 PM
The investment gurus are out in full force in this thread again! Tell me, why are you guys here rather than making millions investing in stocks? And no, "I don't have much to invest" isn't an answer. You know better than analysts do. Convince others to invest their money and take a cut. You can do it! :rolleyes:

IJ Reilly
Apr 30, 2013, 03:06 PM
The investment gurus are out in full force in this thread again! Tell me, why are you guys here rather than making millions investing in stocks? And no, "I don't have much to invest" isn't an answer. You know better than analysts do. Convince others to invest their money and take a cut. You can do it! :rolleyes:

Rule #1: Those who talk about what they are investing in the most, are doing it the least.

There is no Rule #2.

Mr. Retrofire
Apr 30, 2013, 03:10 PM
Tell me, why are you guys here rather than making millions investing in stocks?
Your suggestive question has which goal?

You know better than analysts do.
Yeah. What's your exact problem!?

cclloyd
Apr 30, 2013, 03:11 PM
"Rich guy spends lots of money"

CGagnon
Apr 30, 2013, 03:30 PM
Or, in my case, it would would be like someone with $190.00 investing $1.00.

Just trying to bring it down to earth...:p

Or like someone with $76 investing $0.4. I can math too

olowott
Apr 30, 2013, 03:32 PM
Damn!! Gotta get this paper

BC2009
Apr 30, 2013, 04:04 PM
Just curious... is there any other company you'd feel comfortable putting a lot of money into?

It seems like the consumer electronics market is a fickle market.

No single company I feel very strongly about an upside except Apple.... my 401K and my Kid's education savings are in mutual funds.

I was going to buy MSFT last year until I finally got to see how bad Office looked on Windows 8 for tablets and Microsoft convinced me that they really don't know how to change fast enough. My thought now is that Office won't be relevant enough by the time it is really good on tablets. But I seriously thought Microsoft stood a chance of unseating customers from Google in mobile if Windows 8 and Office for tablets was executed well -- neither were executed well so I did not buy their stock.

AMZN is over-priced and so is GOOG right now. NFLX may still be a good buy -- they seem to have learned form their mistakes and it seems that they are not done going up yet.

Facebook is kinda promising. I see Facebook Home as a trojan horse on Android. Every month Facebook is going to add features to draw people away from Google services and advertisements and into Facebook services and advertisements. It gives Facebook the opportunity to rely on Google services where they are lacking and then build replacement versions for their services. For example, Facebook can put a facade for "Search" on an Android phone that hit Facebook's Graph Search first and then fell back to Google search for more results. I think FB is worth more than $28 per share.

Disclaimer: Don't invest on what I say -- seek a financial expert. Investing is always risky and you could lose money.

PBF
Apr 30, 2013, 04:10 PM
FYI, he's not Russian, he's Uzbek.

Just being pedantic.

Michael Scrip
Apr 30, 2013, 04:14 PM
No single company I feel very strongly about an upside except Apple.... my 401K and my Kid's education savings are in mutual funds.

I was going to buy MSFT last year until I finally got to see how bad Office looked on Windows 8 for tablets and Microsoft convinced me that they really don't know how to change fast enough. My thought now is that Office won't be relevant enough by the time it is really good on tablets. But I seriously thought Microsoft stood a chance of unseating customers from Google in mobile if Windows 8 and Office for tablets was executed well -- neither were executed well so I did not buy their stock.

AMZN is over-priced and so is GOOG right now. NFLX may still be a good buy -- they seem to have learned form their mistakes and it seems that they are not done going up yet.

Facebook is kinda promising. I see Facebook Home as a trojan horse on Android. Every month Facebook is going to add features to draw people away from Google services and advertisements and into Facebook services and advertisements. It gives Facebook the opportunity to rely on Google services where they are lacking and then build replacement versions for their services. For example, Facebook can put a facade for "Search" on an Android phone that hit Facebook's Graph Search first and then fell back to Google search for more results. I think FB is worth more than $28 per share.

Disclaimer: Don't invest on what I say -- seek a financial expert. Investing is always risky and you could lose money.

So you like only tech companies?

That's what I was asking about.

Any other industries?

JayCee842
Apr 30, 2013, 04:43 PM
100 million dollars ain't anything to this guy! If he was serious about Apple, he'd invest more.

jlgolson
Apr 30, 2013, 05:02 PM
Just put all your money in BRK. Trust in Warren.

Apple fanboy
Apr 30, 2013, 05:12 PM
I bury my money at the bottom of the garden. There it's nice and safe.

UK-MacAddict
Apr 30, 2013, 05:15 PM
As a fan of Arsenal FC (which he owns around 30% of) I wish the bloody board would let him spend £100m on players! Lol

carlgo
Apr 30, 2013, 05:54 PM
As a fan of Arsenal FC (which he owns around 30% of) I wish the bloody board would let him spend £100m on players! Lol

Everyone wants a really rich person to own their favorite team and then stay completely away. Many are not that smart. In baseball terms they wake up on third base and think they hit a triple. Then they think they are experts at everything.

Shrink
Apr 30, 2013, 05:58 PM
I bury my money at the bottom of the garden. There it's nice and safe.

You have money buried in your garden!!??:eek:

Not that I would do anything, but if you could see yourself clear to PM me your address, that would be great!

Not that I would do anything.

Really...

I wouldn't kid you...just your address.

But PM...don't trust anyone else but me!:D

Cybernanga
Apr 30, 2013, 08:33 PM
You have money buried in your garden!!??:eek:

Not that I would do anything, but if you could see yourself clear to PM me your address, that would be great!

Not that I would do anything.

Really...

I wouldn't kid you...just your address.

But PM...don't trust anyone else but me!:D

Don't be fooled, he just wants you to dig up his garden for free, so he can plant potatoes ;)

Shrink
Apr 30, 2013, 08:36 PM
Don't be fooled, he just wants you to dig up his garden for free, so he can plant potatoes ;)

DAMN!!!

BUSTED!!!

And by an out-of-towner. Can't sneak anything by those Brits. They know about gardens!!!

It's just the potato thing.:rolleyes:

PM me your address, anyway...:D

marksman
May 1, 2013, 12:12 AM
If I were a billionaire I would buy as much apple stock as I could while maintaining a balanced portfolio.

Apple is 40%-100% undervalued. If apple was a much smaller company with similar p/e people would be fighting to buy it outright.

Ryth
May 1, 2013, 01:52 AM
No single company I feel very strongly about an upside except Apple.... my 401K and my Kid's education savings are in mutual funds.

I was going to buy MSFT last year until I finally got to see how bad Office looked on Windows 8 for tablets and Microsoft convinced me that they really don't know how to change fast enough. My thought now is that Office won't be relevant enough by the time it is really good on tablets. But I seriously thought Microsoft stood a chance of unseating customers from Google in mobile if Windows 8 and Office for tablets was executed well -- neither were executed well so I did not buy their stock.

AMZN is over-priced and so is GOOG right now. NFLX may still be a good buy -- they seem to have learned form their mistakes and it seems that they are not done going up yet.

Facebook is kinda promising. I see Facebook Home as a trojan horse on Android. Every month Facebook is going to add features to draw people away from Google services and advertisements and into Facebook services and advertisements. It gives Facebook the opportunity to rely on Google services where they are lacking and then build replacement versions for their services. For example, Facebook can put a facade for "Search" on an Android phone that hit Facebook's Graph Search first and then fell back to Google search for more results. I think FB is worth more than $28 per share.

Disclaimer: Don't invest on what I say -- seek a financial expert. Investing is always risky and you could lose money.

MSFT isn't actually a bad investment. The dividend is actually pretty good. And W8 is not as bad as people make it out to be. Can't help people are so stupid they can't understand a new interface that is easy to use with a mouse or touchscreen. Anyway, W8 will have a boot to desktop mode in the next patch/update to silence those critics.

BTW MSFT is up about 23% YTD...not bad if you bought near the bottom.

Solomani
May 1, 2013, 03:27 AM
DAMN!!!
And by an out-of-towner. Can't sneak anything by those Brits. They know about gardens!!!

Horsefeathers. Brits know nothing about gardens. Gnomes do!

adildacoolset
May 1, 2013, 08:12 AM
What publicly traded company had higher profits this quarter? Exxon Mobile's were $9.5B, same as Apple's.

True to that, but remember, in tech, the hype dies down quickly. And apple didn't release a new product this quarter.

Exxon on the other hand, have it more stable.

----------

100 million dollars ain't anything to this guy! If he was serious about Apple, he'd invest more.

Ever heard the saying about not putting all your eggs in one basket?

Machinehead119
May 1, 2013, 10:32 AM
I need to get on this boat - guess I need a few mil first :o

-R
www.contemporarychatter.com

BC2009
May 1, 2013, 10:48 AM
So you like only tech companies?

That's what I was asking about.

Any other industries?

I don't know enough about other industries to feel confident in forming an opinion. I don't know what makes for a good oil company or retail company so I would not know what factors to look for.

iGrip
May 1, 2013, 10:51 AM
How do you become a millionaire buying Apple stock?

You simply need to start as a billionaire...

BC2009
May 1, 2013, 10:52 AM
MSFT isn't actually a bad investment. The dividend is actually pretty good. And W8 is not as bad as people make it out to be. Can't help people are so stupid they can't understand a new interface that is easy to use with a mouse or touchscreen. Anyway, W8 will have a boot to desktop mode in the next patch/update to silence those critics.

BTW MSFT is up about 23% YTD...not bad if you bought near the bottom.

Yes, but I honestly thought Windows 8 and Windows Phone 8 were going to usurp much of Android's market share and squeeze Google. I thought this hinged on an awesome touch version of MS Office. I have heard rumors that there is still such a version of Office coming, but the fact that the Surface RT needed a desktop just so it could run Office made me lose faith in Microsoft's ability or desire to redesign Office for touch. Despite its lack of market share and some power features, iWork provides a far better touch interface on iPad than Office does on Surface. I thought MS was going to show Apple how an Office app should be done, but instead they gave users "touch mode" which just meant bigger buttons and more spacing between them.

As far as Windows 8 goes, its not the usability that matters to me but the adoption rate. Right now, PCs are in decline and Windows 8 is riding that wave since tablet sales for Windows have not really picked up yet (largely I think due to the lack of a killer touch version of Office).

iGrip
May 1, 2013, 10:54 AM
I already put a load of my investment money in AAPL for the long-term.

How much of it did you buy when it was North of $600?

Liquorpuki
May 1, 2013, 11:24 AM
MSFT isn't actually a bad investment. The dividend is actually pretty good. And W8 is not as bad as people make it out to be. Can't help people are so stupid they can't understand a new interface that is easy to use with a mouse or touchscreen. Anyway, W8 will have a boot to desktop mode in the next patch/update to silence those critics.

BTW MSFT is up about 23% YTD...not bad if you bought near the bottom.

I actually sold AAPL at $485 before it took that big dump, and transferred it over to MSFT when it was below $27.

Right now, MSFT is near its 52 week high. AAPL is near its 52 week low.

MSFT is a good stock. It's never gonna double its market cap like AAPL could, but MSFT has some major long-term return drivers - tablet/PC convergence (which it's pioneering and INTC is also pushing for), XBox 720, and WP8 becoming that 3rd mobile OS (which NOK is also pushing for).

JHankwitz
May 1, 2013, 01:51 PM
Good move. That's a lot of money invested in one company. :eek:

General rule of thumb is no more than 10% of your eggs in one basket. He invested only 0.5%. Likely a very smart move.

Shaun.P
May 1, 2013, 01:57 PM
General rule of thumb is no more than 10% of your eggs in one basket. He invested only 5%. Likely a very smart move.

No, he invested 0.005%! :D

JHankwitz
May 1, 2013, 01:58 PM
Right now, MSFT is near its 52 week high. AAPL is near its 52 week low.

MSFT is a good stock. It's never gonna double its market cap like AAPL could, but MSFT has some major long-term return drivers - tablet/PC convergence (which it's pioneering and INTC is also pushing for), XBox 720, and WP8 becoming that 3rd mobile OS (which NOK is also pushing for).

There's no way I would ever consider buying stock in a company sitting at a 52 week high. It's too late to invest. I did buy another 50 shares of AAPL last week. I only buy low and sell high.

Liquorpuki
May 1, 2013, 02:50 PM
There's no way I would ever consider buying stock in a company sitting at a 52 week high. It's too late to invest. I did buy another 50 shares of AAPL last week. I only buy low and sell high.

Yeah it is too late

Under $27 though, MSFT was a bargain

Risco
May 1, 2013, 03:27 PM
Leo Wanta comes to mind for some reason...

anthony11
May 1, 2013, 03:47 PM
Just curious... is there any other company you'd feel comfortable putting a lot of money into?

It seems like the consumer electronics market is a fickle market.

I sold AAPL at 675, wish some of those shared I'd purchased sooner at a lower price, but I still netted for my son's future about a year's worth of take-home pay. GOOG seems to be doing really well right now, wouldn't be an awful place to drop some $.

fsck-y dingo
May 1, 2013, 07:55 PM
He also has a share in Arsenal Football Club.

He's alright by me...

Just one? Cheap #$%#@!. ;)

Jedi Master
May 1, 2013, 10:15 PM
Image (http://www.macrumors.com/2013/04/30/russian-billionaire-buys-100-million-in-apple-stock/)


With Apple's stock price at its lowest levels (http://www.macrumors.com/2013/04/17/apple-stock-price-hits-lowest-levels-since-2011-falls-below-400/) since 2011, Russian billionaire Alisher Usmanov -- one of the main investors behind the Digital Sky Technologies (http://en.wikipedia.org/wiki/Digital_Sky_Technologies) investment group -- has purchased $100 million (http://www.bloomberg.com/news/2013-04-30/billionaire-usmanov-bets-on-apple-s-growth-after-facebook.html) of Apple stock, reports Bloomberg.



Image (http://cdn.macrumors.com/article-new/2013/04/usmanov.jpg)Usmanov is estimated to be Russia's richest man with a fortune worth $19.8 billion.

Article Link: Russian Billionaire Buys $100 Million in Apple Stock (http://www.macrumors.com/2013/04/30/russian-billionaire-buys-100-million-in-apple-stock/)

He should Dell

IJ Reilly
May 1, 2013, 11:15 PM
There's no way I would ever consider buying stock in a company sitting at a 52 week high. It's too late to invest. I did buy another 50 shares of AAPL last week. I only buy low and sell high.

The infallible stock market system at work. You heard it first here folks. Patent pending.

jw2002
May 1, 2013, 11:43 PM
There's no way I would ever consider buying stock in a company sitting at a 52 week high.

Why? A company at a 52-week high can still be at an excellent value point. For example, you could have bought Priceline at a 52 week high 5 years ago and today would be looking at a 10 bagger. My prediction is right now you could probably do the same thing with Linked In. Buy it at a 52 week high today and forget about it for 5 years and then enjoy the gains.

thekev
May 1, 2013, 11:49 PM
Should have invested 1 Billion. Now we're talking :cool:

Jumped about 10 points today. Nice :apple:

He invested however much was right for him. That it went up doesn't mean he went in too light.

Good move. That's a lot of money invested in one company. :eek:

It sounds like a big number, but it's probably a small fraction of his total investments.

Nightarchaon
May 2, 2013, 02:43 AM
in a few month this news item will be Russian Billionaire Dumps $70 million in apple stock after massive losses... Unless this iWatch thing really is a "must have" (And i doubt that, i haven't worn a watch since my phone told the time, it was a nokia 3310)

nsayer
May 5, 2013, 12:19 AM
Don't be fooled, he just wants you to dig up his garden for free, so he can plant potatoes ;)

That's an old joke. For those who haven't heard it, it goes like this:

Freddie the Fish is a wiseguy serving 10 years for being the wheelman in an armed robbery. He gets a letter from his father telling him how hard things are on the family farm, and that the tractor has broken down, so he can't plow the back acres.

Freddie writes his father back saying, "My God, Dad, whatever you do don't dig up that acre! Just trust me. You don't want to do that."

A couple of weeks goes by and Freddie gets another letter from his Dad saying that out of the blue more FBI agents than he could count came by with a warrant and started digging all over the back acres. After spending hours, the lead FBI agent said, "Sorry for troubling you," and they all left. He closed asking his son, "So... what should I do?"

Freddie wrote back, "Go ahead and plant now. You're welcome."

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May 17, 2013, 04:43 PM
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