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原帖由 如花 于 2006-10-23 13:23 发表' E V" A/ Z! t) H, B% x
如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 8 P; y5 \0 w& G8 X4 `
for Nortel Networks, where in the summer of 1 O9 l$ k5 P( N7 z; b! ]
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the1 h# X7 i! H. a# V
whole $1000 into Nortel Networks stock. With his $1000, and the
0 C; C) U' N7 G% M; e9 y* Gtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ( |! l! W# u h! W1 M9 N% K$ C' N
Nortel stock climb and climb, he
1 E; O) A) { Sfelt very good about this investment, happy that he is preparing for the future.
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5 ] U6 J% s7 ^John, being a more care-free sort, did something slightly different
$ ~& {" Q/ t! N: b: E5 w/ r- W4 zwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
3 |/ ]# J0 |: L; ~. h9 M1 spurchased 33 cases of beer. John also
* N/ O/ U4 [ W. efelt very good about his investment: 33 cases x 24 = is 792 bottles
9 }; _* l7 z: B) q. H! |# ]of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
* X( v1 c; J7 ?- Y7 Ecalculated that he could drink about 15
& x/ A. e4 S+ g. [/ v$ c! gbottles per week, and he wouldn't have to buy beer for a whole
+ B. z4 d- m6 n' P$ eyear.1 R; g* d; x. B7 T4 u
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Jim, of course, was appalled by John's purchase, and berated him# P4 E! D9 ]- j8 J6 R8 s7 o1 [
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to # N' ~ r+ T, h' E; A( I. T6 D
dwindle. "It'll go back up", he'd say to John.0 R( ?+ O% i/ d
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John, who has been reaping the benefits of his investment on a daily" |, D1 t% P' y! T
basis, would reply, "Ya, it will. Hang in there buddy".
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a 4 H0 ]: o: W q0 ]' G& v9 ^. d
noticeable dent in the beer pile.
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0 X# o# _; Z) QMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was 4 S0 |( D+ a& g* j/ ~7 f
about half gone. Jim, being sure that the
6 G+ [. n0 Y/ C. xstock had hit rock-bottom, still was berating John for his frivolous
# N2 S2 H. t* ypurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
2 N' g- }8 U) Q8 \1 w" n/ iworth!!".* S6 j; c! ]0 u/ Z7 G; s
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Well, summer has come, and hard times at Nortel continue. " o/ L+ D; r1 j8 i, R: R
Bad news: Both John and Jim have been affected by the layoffs.3 K; c( R- N% r' B5 q6 j; \4 I
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Last week, in order to raise some cash to help through
/ a; W r/ N `6 b5 M9 s- U+ Rthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
0 o3 k7 Y4 g7 l' W) A$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone: {5 l/ t0 b7 ]' Z5 O) }' _
needs their friend's during rough times), and as luck would have. J2 `) o1 o* ?, r/ T
it, there were two bottles of John's beer left. John, being a good,
7 L- @% ? O7 C7 R6 E" U. scompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 4 y' m; Y2 O9 k5 v( Y
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
, [, P$ d8 k( i* ugot fifty bucks back out of it - you have nothing now.", he said.
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, j1 X# X1 C5 L& Q7 z/ ~* F"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
# k+ I, r/ v" v. U0 Madded as his other friend with! V# Q- a' V/ E7 b' S% U
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.# d. G' X5 M& P: U4 B; V. u) C
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Upon arrival at the beer store, they unloaded the empties, feeling a
3 @0 D- S1 T3 Z' X- L. E" @little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 5 ~5 s: H% e) _2 t# M7 ^
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as: z: X) a0 s, }. f: o! t \. `
he handed him the money. ) Z+ g4 _9 N& w/ K9 v z9 Q
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Jim was speechless. Poor guy. Can you imagine how you/ v: g, k$ u1 w; B5 v4 s9 _( M
would feel if you just discovered that over the course of the last year, your $1000 stock investment " J# C1 f7 Z1 l: P0 Z2 [
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. ' n! b+ T, R7 F; M9 B% j
4 D# N9 \" X. \) nI'll leave it up to the reader to come up with they're8 n3 s9 ~) P2 `4 g2 I5 j
own "moral to the story".+ Z2 t/ ~8 E. M5 L
1 M5 H+ k4 C6 i1 ]) d# v; M' J4 @5 S* @Have a nice day, and happy investing. |
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