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原帖由 如花 于 2006-10-23 13:23 发表# j! K6 I! _& u- f7 G% J
如果是买了nortel呢?
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8 K; W! e5 \% u9 I' q0 FOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 7 H6 `0 c3 c% c; z
for Nortel Networks, where in the summer of
5 P. i) W& L$ z- t6 k f5 R. H2000, there was LOTS of money around for bonuses).
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( t2 j% C9 J& r2 D( q8 f4 UJim, being an intelligent, financially concientious person, put the
) P- q2 l4 N7 }; f1 Fwhole $1000 into Nortel Networks stock. With his $1000, and the. E! }' b' x# [1 \
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ) z9 d0 ^& D! v" |) ?, t2 i* _6 I
Nortel stock climb and climb, he/ d7 q7 k! T; l% n8 O h
felt very good about this investment, happy that he is preparing for the future.
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4 S3 U. Y L$ F7 [John, being a more care-free sort, did something slightly different 8 q" W5 ` G3 U; N& [5 k
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
( F5 v, h% i- |2 }" Lpurchased 33 cases of beer. John also
/ H( n( M6 z0 k+ K3 @/ Afelt very good about his investment: 33 cases x 24 = is 792 bottles
" M' N6 L1 E' j) S( ]. Lof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, $ A7 b5 g- D* x2 z1 P4 [& ^ T. c
calculated that he could drink about 15 & w* {7 _3 ]; o0 b
bottles per week, and he wouldn't have to buy beer for a whole
. S& E3 n/ c) `year.5 q t0 ]. p6 c" k9 ^
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Jim, of course, was appalled by John's purchase, and berated him
6 p4 f: d& W7 W3 c! }$ J' Fconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
x5 n; B0 u' D8 Wdwindle. "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
) E* V P/ Y: k3 k; T0 _basis, would reply, "Ya, it will. Hang in there buddy".* ~! u9 j* J1 q: I% [
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
3 T0 v7 q% O5 @+ B( g+ b7 s" {noticeable dent in the beer pile.7 c& N! s1 } K: Y
0 X& C' D; C; y9 d+ w/ _0 H0 q {Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was # s! ~" c+ o, I* y+ q
about half gone. Jim, being sure that the% r) }1 w- R$ m+ B+ M* T% w/ ~
stock had hit rock-bottom, still was berating John for his frivolous" v; m1 J, C3 Z; |% I3 t5 S% J9 A
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 3 f* M, T3 ]9 n4 w- Q' u! D. m
worth!!".
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) a+ y3 p# I7 {) Y ]; a4 ~Well, summer has come, and hard times at Nortel continue. , t8 r/ _) W! G8 |6 ?1 n2 r8 D/ d
Bad news: Both John and Jim have been affected by the layoffs.5 S9 J! C* \+ t- N( z- E) l2 K
0 E& U! R9 f7 f/ f |5 x4 Q: PLast week, in order to raise some cash to help through" q# k* `9 V% E! c' I
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
+ F5 O' x' E0 V, g: S6 N$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
6 G: f& N% e; dneeds their friend's during rough times), and as luck would have
p7 }/ I. _. t" }& r, v2 l. r! uit, there were two bottles of John's beer left. John, being a good,
' [; c! a" C1 R0 h2 @compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
! k0 Z) p8 B9 a p3 x& ?" ?. Bthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I ( I, l: H* e3 \; H, p
got fifty bucks back out of it - you have nothing now.", he said.
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& m5 z$ f+ Z d; u1 j4 ?& V"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
$ ?, {* {/ t, R" p" W7 ^added as his other friend with
$ D2 K# H2 H$ G" J! U* `4 Z, X4 P+ athe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.0 `- \' b( y. z7 l1 @
1 w2 v0 E2 ~- q+ x2 I4 bUpon arrival at the beer store, they unloaded the empties, feeling a; ^" }7 s/ {! w6 n# I
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 ' ?0 L/ V' X0 B, Q8 N- i# _
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
7 `/ Z6 ~6 o& Q B/ }he handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you
( d* Q! h y: Q4 fwould feel if you just discovered that over the course of the last year, your $1000 stock investment : l* T0 Q1 p5 H' i! V
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. # C+ N4 A& I0 u2 g) i Z! F
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I'll leave it up to the reader to come up with they're
3 ]0 y. Q; Z4 \! f$ gown "moral to the story".
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' p/ J% E6 `, l4 @% {Have a nice day, and happy investing. |
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