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原帖由 如花 于 2006-10-23 13:23 发表: h6 f" [7 g, D9 q ?& m6 W
如果是买了nortel呢? / I2 A- T% A3 J. Z1 {8 D
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
+ _2 V3 T, G/ B! z- L5 f4 `% Rfor Nortel Networks, where in the summer of 0 U2 [ K# D( e# a* x
2000, there was LOTS of money around for bonuses). 4 W4 I2 w8 q& n' x8 x% |
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Jim, being an intelligent, financially concientious person, put the0 T' E# L% s0 W/ A. Y2 V
whole $1000 into Nortel Networks stock. With his $1000, and the
# l3 Z9 L3 x& @- b* L: v8 W0 T, stransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
3 R! V! Y3 k0 v: y( [. d9 ~) ?" ANortel stock climb and climb, he
6 w3 \$ r8 `6 a5 A0 P hfelt very good about this investment, happy that he is preparing for the future.* k1 H2 I. G5 f4 w
Y' g" s$ W p, N7 V; ^3 _2 U- d& LJohn, being a more care-free sort, did something slightly different
$ R2 R: b4 F6 h3 {: M9 b; _with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he * h: J0 L& {8 m
purchased 33 cases of beer. John also
: r% i( z2 N( i1 B7 _+ p6 N6 ^felt very good about his investment: 33 cases x 24 = is 792 bottles
8 l# _7 |0 m* Z! y |/ X6 e8 R$ fof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 5 D- l8 n# }9 P& `" T
calculated that he could drink about 15 ( W. n' }7 V3 F) i
bottles per week, and he wouldn't have to buy beer for a whole
) S% q* C, ^5 Q3 i8 K) @- u3 nyear.
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8 ^" y+ q2 b2 n4 @( u5 X7 C' \Jim, of course, was appalled by John's purchase, and berated him1 M2 G7 v1 b# ?/ W5 ?
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 0 I& G: y0 _$ n" ~4 u" F
dwindle. "It'll go back up", he'd say to John.
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John, who has been reaping the benefits of his investment on a daily
4 e! _. m$ b4 q% l2 \- {basis, would reply, "Ya, it will. Hang in there buddy".
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' H8 b7 u2 y7 _9 }7 YMonths went by, and the value of the stock continued to fall, and there was the beginnings of a , \ z S- C- V7 c8 x9 K
noticeable dent in the beer pile.9 i" F. E! A$ e
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was 4 G/ P ]: u! w: ~
about half gone. Jim, being sure that the9 ~( x7 Y! t! x! b# U2 t
stock had hit rock-bottom, still was berating John for his frivolous
* @% z3 C, n; }purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 2 G, G6 `! K' H+ L7 V& r, m" p
worth!!".
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Well, summer has come, and hard times at Nortel continue. ( F# F; D- A: e
Bad news: Both John and Jim have been affected by the layoffs.9 S0 {5 L# s- O3 C+ t
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Last week, in order to raise some cash to help through, b* I% S* i: l% z! _3 P. h! V9 b# h
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
& [( s4 S7 c3 b' D+ V4 _! x$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
+ ~" s3 [1 O1 E1 D9 hneeds their friend's during rough times), and as luck would have8 z( n5 A% N0 h3 R) h3 x3 R1 L
it, there were two bottles of John's beer left. John, being a good,- n/ E+ k) s" n9 ^) a( u+ J
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
- y9 Y! I8 M% F+ O6 `! B' Y8 [the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
2 Y+ c: G d% r2 ]+ U! lgot fifty bucks back out of it - you have nothing now.", he said. * a% y7 I) E R& ^% O
2 l. v O, n+ N- S B. K"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
9 W5 z; L3 h2 S0 |added as his other friend with
3 U' g$ J) B: G6 o p' K* Vthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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- m U1 I5 s8 lUpon arrival at the beer store, they unloaded the empties, feeling a
! `' G7 Y0 @ @3 I2 L- w' ?little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 }/ g9 O% \- L/ l9 U
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as+ W& ^$ D+ F* l+ m3 p
he handed him the money. # z+ E- z, k4 }% `
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Jim was speechless. Poor guy. Can you imagine how you
9 r7 C! E& ^! F) a" M: Y5 [* d. Iwould feel if you just discovered that over the course of the last year, your $1000 stock investment
O/ z) K. h. W1 v0 zleft 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; F6 }! [( U' K+ _4 F3 b* p
own "moral to the story"./ i8 A! ~8 w: h0 `6 I( x
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Have a nice day, and happy investing. |
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