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原帖由 如花 于 2006-10-23 13:23 发表0 e h1 V* M& g- s6 i
如果是买了nortel呢? 6 b- \6 i' S0 b/ D" g% R( v
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
2 q% x+ Y% q; b: s( r, |4 g w" B) nfor Nortel Networks, where in the summer of
1 k( q3 f* }+ u8 G2000, there was LOTS of money around for bonuses). ) ^. y) P! }6 n; V
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Jim, being an intelligent, financially concientious person, put the' s# o8 e- w; H5 S1 K% O5 ?% n, ]
whole $1000 into Nortel Networks stock. With his $1000, and the
- U. H% {8 k# r/ Ftransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ! I5 F& o8 W* }' }
Nortel stock climb and climb, he1 b3 X1 [$ [: I1 s
felt very good about this investment, happy that he is preparing for the future.# t* Y) H1 r x1 `3 d: l
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John, being a more care-free sort, did something slightly different
( x$ Q+ ]! O& [0 \! o/ _# ]7 P5 q5 bwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
$ R* |; I* s+ \1 {, ?6 }0 bpurchased 33 cases of beer. John also
+ C& s% J) U- @9 w$ hfelt very good about his investment: 33 cases x 24 = is 792 bottles
. `" f' _5 @7 S7 T5 ` Xof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
( F6 b7 l% v4 acalculated that he could drink about 15 + x* Y( n- o8 w0 O
bottles per week, and he wouldn't have to buy beer for a whole
0 t6 l9 A9 T( G% g0 v3 h( Hyear.! J6 f0 q) q" G. Q4 y
9 T t, J% i1 j8 x4 uJim, of course, was appalled by John's purchase, and berated him
* Z, s, ]+ }* |0 n) I1 p; fconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
6 J$ }9 M/ X1 Q! I! ^dwindle. "It'll go back up", he'd say to John.
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) c3 Q1 R# V0 W, N8 d. eJohn, who has been reaping the benefits of his investment on a daily9 w2 q1 I0 O0 x2 K
basis, would reply, "Ya, it will. Hang in there buddy".
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2 R! D) _6 L3 R+ n$ f* h" O% m: n1 OMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
2 ]: N4 {! m4 N- m4 r* Nnoticeable dent in the beer pile.: X, j. }, B0 |6 O4 O
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
5 `/ D& Q2 x: s2 C" A4 {& u' I0 Iabout half gone. Jim, being sure that the
7 \ E# d2 |1 w( R7 Qstock had hit rock-bottom, still was berating John for his frivolous/ X6 S, D C5 R+ O3 j2 a
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 7 o- o5 o% W% w
worth!!".
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Well, summer has come, and hard times at Nortel continue.
! [" H( m0 \7 P$ e! H XBad news: Both John and Jim have been affected by the layoffs.9 ^4 o m* i& F
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Last week, in order to raise some cash to help through: L9 a) D+ V, `7 {* d1 A) t5 X
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the $ C1 F% A0 t. ^5 r# a
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone5 ?- b4 ] I/ |
needs their friend's during rough times), and as luck would have
2 O- ~& \+ E6 Wit, there were two bottles of John's beer left. John, being a good,2 H+ A8 s% d- q( x
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 3 u, p# f; f* I
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I . P1 X4 u; F: Y: l) G
got fifty bucks back out of it - you have nothing now.", he said.
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: d3 {9 i, h2 y8 p: ]9 I, R9 J. m"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
% y) N* u8 p9 t! ?& P3 x+ Ladded as his other friend with
5 Y* I' b+ R& ythe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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7 s ?$ K4 j3 mUpon arrival at the beer store, they unloaded the empties, feeling a
3 q; k; ]7 C; X3 Qlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
- }+ V1 L& u4 f" ?/ t, p/ \bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
: Z# s/ Z0 A4 hhe handed him the money. * I7 \1 m* W' a4 k
$ S! z4 F8 [9 F6 P) }+ RJim was speechless. Poor guy. Can you imagine how you* C: U( g$ O, ^) Z( u
would feel if you just discovered that over the course of the last year, your $1000 stock investment
* t# V& c, v$ T$ |: K% hleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. / K' l+ B A/ i) T) K2 P) z
: H4 O: [" A7 Z7 r% j# I0 fI'll leave it up to the reader to come up with they're+ }/ H. {. w* Q% P$ B
own "moral to the story".7 Q& o* G4 q: e: s3 p' Y
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Have a nice day, and happy investing. |
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