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原帖由 如花 于 2006-10-23 13:23 发表. b5 X( v4 L' y2 z' K
如果是买了nortel呢? 3 c4 F5 S1 h6 H+ s/ Y
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work + P0 { t' Z2 h$ p' k5 {4 c8 g
for Nortel Networks, where in the summer of ) ~4 a/ O! `( I( y3 Z; V- N# k
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the
4 R- B8 `( R2 Y9 a0 h7 H. Xwhole $1000 into Nortel Networks stock. With his $1000, and the
! B; T5 z9 e( a( z2 @2 Itransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 2 t1 U. W& u, {# l
Nortel stock climb and climb, he2 U s1 g) J; G
felt very good about this investment, happy that he is preparing for the future.
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7 q6 u, L( F. n! w$ p1 WJohn, being a more care-free sort, did something slightly different
- S; f% O: g" V* iwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he " K/ ~' U- y7 U; W! e3 T5 b1 r
purchased 33 cases of beer. John also
, Q/ p5 y; h) V7 {6 K$ pfelt very good about his investment: 33 cases x 24 = is 792 bottles8 V, O5 }) W7 K T+ U# l# T+ _/ y
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
% X6 g8 P0 R7 Ncalculated that he could drink about 15
/ J2 U+ O# e; V7 Qbottles per week, and he wouldn't have to buy beer for a whole2 x% ?1 m9 {4 S4 ]0 S% G1 u
year.
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( t* L# b J' ~ X2 rJim, of course, was appalled by John's purchase, and berated him) r, F( M/ F' d& I. o3 N9 |" a
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
7 _, C/ c# v; g5 \) t6 L; E5 B* Ldwindle. "It'll go back up", he'd say to John.
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9 d+ L- c( f4 M* J+ TJohn, who has been reaping the benefits of his investment on a daily
I$ j3 t* i- X6 i# v1 ^basis, would reply, "Ya, it will. Hang in there buddy".1 N; r | } _* a6 N7 M
' n6 E" z/ h# j. T. eMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
. N3 `& t4 w" N/ n' Y. inoticeable dent in the beer pile.1 r: O: m& V8 ]7 s# S1 d
6 J1 a4 m/ i% J5 ~% o/ U( x0 VMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
' k- ?: x/ n4 i" }; d( B) Dabout half gone. Jim, being sure that the
# G4 N$ `" j) a, w Y% `stock had hit rock-bottom, still was berating John for his frivolous
0 m* d0 j4 A; G, {- R7 ^& O/ }purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be . E1 \6 ?8 P2 m8 u% D2 w+ o
worth!!".5 _% K' l$ m; q- X
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Well, summer has come, and hard times at Nortel continue. " q1 c, M! k" c& x8 G
Bad news: Both John and Jim have been affected by the layoffs.
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Last week, in order to raise some cash to help through# e6 {: K% F- }! a+ I+ j+ |& R
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
4 Z Q* J {$ i2 L- ~$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
) h/ H' J1 z# h2 J* n' W7 Z4 Zneeds their friend's during rough times), and as luck would have
9 H" X4 A) C! h' }/ c# Eit, there were two bottles of John's beer left. John, being a good,
% B' {3 v" s0 F e: [9 icompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated ) Q+ l) j- E( F @
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
& J9 z% z9 Y$ z2 G$ egot fifty bucks back out of it - you have nothing now.", he said. ( j0 V0 D1 h. s% u$ M9 h
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
, p2 x& W3 G" P$ oadded as his other friend with
- q w# j" l3 fthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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1 c6 [* I1 V' {1 k3 u8 SUpon arrival at the beer store, they unloaded the empties, feeling a
9 U8 Y! a3 F; \1 M- {little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 * m& p8 t1 w7 \. J- V
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
/ d8 ]4 E# K# R7 a' u$ Che handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you
, n' X+ b2 e! e1 Ywould feel if you just discovered that over the course of the last year, your $1000 stock investment
5 q! S" ]5 D Fleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. ( ?3 R/ z6 g8 i/ F8 B6 f; x
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I'll leave it up to the reader to come up with they're6 `) Y9 n" w' d+ `' ]6 W! V0 X; Y, e
own "moral to the story".; A6 y5 n8 s% E" G+ |" l
( \( B }4 p: O8 M7 O# gHave a nice day, and happy investing. |
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