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原帖由 如花 于 2006-10-23 13:23 发表
0 S% H. U- L* E: a如果是买了nortel呢?
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$ |3 M9 s! B" ]- \( yOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
) A# M6 K7 m; R. O5 e8 l& Gfor Nortel Networks, where in the summer of 2 z% _( m( P. d5 E! b, C( D7 h5 s: `
2000, there was LOTS of money around for bonuses). 0 f/ q% x. N1 w9 A1 ], m1 u' v
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Jim, being an intelligent, financially concientious person, put the( l, F1 v0 G+ O0 ]+ w
whole $1000 into Nortel Networks stock. With his $1000, and the
* ~3 F% u6 l; {6 V" N' ?transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
2 B& G8 d4 X1 `! {( }Nortel stock climb and climb, he
% W9 `" N1 ]& B9 bfelt very good about this investment, happy that he is preparing for the future.
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John, being a more care-free sort, did something slightly different ( r% E4 N7 _' }) f( \& e3 Y
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
% t8 m& w% d; p _( `4 lpurchased 33 cases of beer. John also
" B& H. O; |0 rfelt very good about his investment: 33 cases x 24 = is 792 bottles% z; P B& \+ @: K0 f
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
: R" R% `( Y& v: \! [# Acalculated that he could drink about 15 0 i/ u) h M$ o5 S/ H8 o5 F
bottles per week, and he wouldn't have to buy beer for a whole& K! ]9 V9 R5 |' s0 |
year.1 O( ^# n% w/ g4 a3 l: M3 }: Z1 x
- ^& d2 }4 M. ?& w* R+ j4 EJim, of course, was appalled by John's purchase, and berated him
3 E$ F7 M0 I" g5 w4 t( \0 sconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to c1 N; j/ @: ?
dwindle. "It'll go back up", he'd say to John.
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5 n- N l2 U) ?/ F6 NJohn, who has been reaping the benefits of his investment on a daily
1 j/ M' Y: K% w% Pbasis, 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 # H+ u0 d/ U9 E2 M9 |0 O. l9 b5 ?+ C N
noticeable dent in the beer pile.1 ]# u2 J5 A" o% q8 C9 P: }
O/ r/ H0 }; Q& h n, IMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
: d4 _0 L6 g2 q; T9 {5 t+ O, m1 kabout half gone. Jim, being sure that the$ H, \3 X) K& M! `8 X' J
stock had hit rock-bottom, still was berating John for his frivolous
) b; F1 s. y: c. |, z2 spurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be , Q& ^7 K" n- T4 h3 [! P6 f7 j4 c
worth!!".
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9 T' u/ U; ^; ]" ~# c5 p8 fWell, summer has come, and hard times at Nortel continue. % B" s; e0 }- R1 P3 n0 Q& n3 ^
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
% ]" r+ c$ L/ a t' M# Q- L$ Q# Rthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 7 o! I8 a) m0 a/ s- [
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone9 n/ Z; R; @1 ]2 q1 C7 a. p
needs their friend's during rough times), and as luck would have: |; S) R! E/ v2 n
it, there were two bottles of John's beer left. John, being a good,8 Q8 `+ S" G' s
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
+ q% q) \0 _' T' v; ]the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
" K( S Z5 _/ Ngot fifty bucks back out of it - you have nothing now.", he said.
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he p( M/ {- P1 r2 y7 Y
added as his other friend with
3 V* F3 s u* B8 ]6 m% }0 k4 rthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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; `* t5 Q1 k9 L7 `) L5 AUpon arrival at the beer store, they unloaded the empties, feeling a
% ?& j& P; R$ ]4 W0 plittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
0 z' s4 e, x ~8 B0 y& mbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as+ r4 Z/ i! D- X. K1 Y# j
he handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you# C& a4 I% W/ O' W; G) d
would feel if you just discovered that over the course of the last year, your $1000 stock investment
5 k5 L$ R3 ?. m+ W. |5 I6 r3 \left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. % U; ?5 {, v. h, b( w( R
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I'll leave it up to the reader to come up with they're
- r M2 V* t L( Wown "moral to the story".
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3 t% A- [+ r4 G' q. l( G, v2 eHave a nice day, and happy investing. |
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