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原帖由 如花 于 2006-10-23 13:23 发表& f1 @7 Z* s$ z
如果是买了nortel呢?
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5 z3 M1 D- r& ?$ b5 v" ^; h# wOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work " P/ k- h, a7 c r* v
for Nortel Networks, where in the summer of ) T/ `, l; G! A! W4 M
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the2 p; p, H2 c0 w
whole $1000 into Nortel Networks stock. With his $1000, and the H) P/ P; z6 {+ ?0 o6 p2 y! `# h
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the , ~1 k! Q& c4 u; u3 V- j, g
Nortel stock climb and climb, he' d4 J. u' [! d" P9 m1 W5 ]4 B
felt very good about this investment, happy that he is preparing for the future.
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John, being a more care-free sort, did something slightly different
! m( f( i" _8 |- L: A$ D {with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 5 ]8 ]5 r3 i* o& O, A5 ~5 E
purchased 33 cases of beer. John also, _8 Q% s, p/ }
felt very good about his investment: 33 cases x 24 = is 792 bottles
4 Z6 Q6 k2 m, L$ hof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 7 o/ L9 H- L$ g& k: k
calculated that he could drink about 15 . L( }; H3 }# V0 ~# W
bottles per week, and he wouldn't have to buy beer for a whole
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Jim, of course, was appalled by John's purchase, and berated him/ A* ^" m. s ]4 m
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to ) k; [# i0 K, ]: 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
9 ^; V7 y! }% D: X9 Dbasis, 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
, G: }. p ?) l; z' B ~0 Z- `* Vnoticeable dent in the beer pile.5 X7 G0 V+ x1 N3 n7 S2 w3 Q
- m+ X3 J$ j! l; l3 l! HMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
+ i6 p7 B6 A+ s! l$ y* m/ a7 rabout half gone. Jim, being sure that the* ^5 F" p3 i2 E/ V( ]
stock had hit rock-bottom, still was berating John for his frivolous: ~7 n, e6 s$ ~6 `" r
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 8 H0 C7 e, s8 G
worth!!".6 D5 x4 V: I0 G+ R) W. H
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Well, summer has come, and hard times at Nortel continue.
0 B' Y) l/ E" {0 }Bad news: Both John and Jim have been affected by the layoffs.
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[ }! S! Z# ]! T3 n8 `: z/ U ~Last week, in order to raise some cash to help through0 M8 j$ l4 O8 g }6 K2 }
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
$ r- T; J# I* L, a$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone- u% n8 i4 y9 ?( _3 r- o/ B
needs their friend's during rough times), and as luck would have
$ T4 m7 ^/ L0 N3 V% D; u9 Zit, there were two bottles of John's beer left. John, being a good,
& `2 t/ i7 W7 H) V6 h1 O' acompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated % e. H# t4 J# L
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I . I0 w9 H' X% f3 g; I/ i! C6 J
got 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
; Z/ o9 o' ~0 Kadded as his other friend with
8 j# o5 F7 m' O7 L' X$ Bthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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. L. e: ?1 Y' V, e U2 QUpon arrival at the beer store, they unloaded the empties, feeling a
9 g3 ]+ F6 k' P0 rlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
8 u; ], P5 C- Y* ^$ A3 K# c: ^bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as+ L2 y% [1 k' M2 Q
he handed him the money. 8 z( z, y( r+ _* j7 B9 \. G
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Jim was speechless. Poor guy. Can you imagine how you
$ K& Y! m! i6 H" d) a2 F* }5 swould feel if you just discovered that over the course of the last year, your $1000 stock investment
( A* v- Z& u: f, S) Oleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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6 n+ @, G! W" o4 F5 @% wI'll leave it up to the reader to come up with they're: Q$ w) E6 L+ m" ^5 L' n, `
own "moral to the story".8 e' a# G( @) E7 l' ^
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Have a nice day, and happy investing. |
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