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原帖由 如花 于 2006-10-23 13:23 发表
, a Q* Y( G3 p5 O如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 4 k4 m2 e5 S0 `: x. j
for Nortel Networks, where in the summer of
# Y8 \2 G1 l$ W. B$ Z2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the& y& t3 v+ l* D6 I
whole $1000 into Nortel Networks stock. With his $1000, and the
( C# X0 s: U( m7 b# h Ctransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
' M# h4 G8 z2 P7 PNortel stock climb and climb, he" q" n( s! T# O5 J
felt very good about this investment, happy that he is preparing for the future.+ K6 z6 ]8 `/ q7 x7 Z4 C: x
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John, being a more care-free sort, did something slightly different
5 P- |( F G- \8 n: G! Cwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 0 Y' b! x0 J4 N/ W
purchased 33 cases of beer. John also
8 O3 m. k! A# X5 d7 {felt very good about his investment: 33 cases x 24 = is 792 bottles! G3 l4 ]0 A A& ^7 e
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
3 ]9 y. O. `' Y1 ^% Ecalculated that he could drink about 15
. c0 a- z. Q) H9 l5 W3 {bottles per week, and he wouldn't have to buy beer for a whole$ l5 [! v: r4 g
year.' P7 i2 W( A+ [
4 B; w: Z; z3 u# i* LJim, of course, was appalled by John's purchase, and berated him: W) h7 m5 N/ j% K9 e6 a
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 3 p. E! i% e7 ^ O& ? L
dwindle. "It'll go back up", he'd say to John.
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p! r1 X) S" tJohn, who has been reaping the benefits of his investment on a daily
7 ~1 Z6 c* ~+ H2 G1 `# Hbasis, would reply, "Ya, it will. Hang in there buddy".. \ V- X1 T- }! H
& D0 z+ n, B; K( mMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
# S/ l$ l5 C) x4 E# g3 rnoticeable dent in the beer pile.
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was $ z0 s$ d+ @+ V9 Y6 T, F( o; H3 p" t
about half gone. Jim, being sure that the: s& f9 O) |0 {0 V& @
stock had hit rock-bottom, still was berating John for his frivolous! Q# H% _) h- E2 j
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be % J! O9 [ `; l7 b/ ?. K
worth!!".
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Well, summer has come, and hard times at Nortel continue.
7 s9 c. C. x4 m _5 PBad news: Both John and Jim have been affected by the layoffs.( F. N7 l( p& z1 @
0 Y' f' e/ @7 n9 z8 t. z9 KLast week, in order to raise some cash to help through! r+ E9 x: D! e# v6 {
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 4 k( X7 i9 O8 B/ H+ k" Z4 D
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone; h, r4 `. x. J. h, V8 t
needs their friend's during rough times), and as luck would have+ A3 A) _& [0 X4 Q
it, there were two bottles of John's beer left. John, being a good,& O6 K! @6 f* T6 @
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
1 _5 ]/ l" c/ i6 m0 ^& Kthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
, c& w* N0 Z: j" w* N5 Sgot fifty bucks back out of it - you have nothing now.", he said. & X: v( ~1 Z5 z
B$ K5 b/ x9 I/ z2 T$ y"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he 8 V! e2 c W5 t9 A5 t' e
added as his other friend with
1 ~7 Y* b- ^5 z; Nthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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2 d- q p! j2 \; D4 cUpon arrival at the beer store, they unloaded the empties, feeling a+ _7 R/ I1 T' x. @' c6 @$ { \5 R
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
" h; I1 r! h K4 j6 H! Dbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as1 D6 z5 v( L" e/ f, \
he handed him the money. 4 S) Q8 Z( @1 g# w: o; J
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Jim was speechless. Poor guy. Can you imagine how you
& d1 ?/ o. E! F* U2 L8 V9 q$ Ywould feel if you just discovered that over the course of the last year, your $1000 stock investment ) z4 }5 F% T! Z* C/ U+ s2 {
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're( d5 ]& @( I% k6 E. `; _
own "moral to the story".
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Have a nice day, and happy investing. |
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