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原帖由 如花 于 2006-10-23 13:23 发表
6 B6 a N2 z3 n. h如果是买了nortel呢? * h1 v* b" Z' u* d0 A: j
" j+ k" r' U0 P, y/ ~& MOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
0 m3 e6 p7 _5 t+ }% p6 w! Lfor Nortel Networks, where in the summer of
( ~; H" j: x3 @' F; t0 e- J: R' x2000, there was LOTS of money around for bonuses).
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/ K! @+ C: K: i- F8 YJim, being an intelligent, financially concientious person, put the
" p/ Q. g: o& E; j, B$ Qwhole $1000 into Nortel Networks stock. With his $1000, and the
) Y2 Z/ [8 i. n9 Q* s5 {transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 6 t$ m2 b/ z" e4 K( h7 s h
Nortel stock climb and climb, he+ }% h% i# k: e' O4 X1 G- e
felt very good about this investment, happy that he is preparing for the future.
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6 C1 ^2 T- V* z \1 _8 tJohn, being a more care-free sort, did something slightly different . T5 @! j- y, C) s( y7 R
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ( b. ?) q) N3 h5 c
purchased 33 cases of beer. John also9 A: ?9 }! @& Z8 I h6 k) X& J' i
felt very good about his investment: 33 cases x 24 = is 792 bottles
/ ?: ?( Y) y. [; b7 \4 C& H) D8 Rof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
3 ]) B& j9 O( d% Dcalculated that he could drink about 15
+ p' L) O, M5 R3 obottles per week, and he wouldn't have to buy beer for a whole$ K2 \; N3 u% ?! T$ Z
year.
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Jim, of course, was appalled by John's purchase, and berated him: `4 |& I) e' O$ _" c
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
. ~- d3 A) Q. B9 v Pdwindle. "It'll go back up", he'd say to John.* w! P7 |, h- r+ \
# z+ ~; ^, q5 ZJohn, who has been reaping the benefits of his investment on a daily
' i* n, e/ k1 Sbasis, 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
d% F4 |" f5 u" enoticeable dent in the beer pile.2 c' h- i" E3 r) I, ]% M
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
( D6 P6 d$ d# }, f/ [about half gone. Jim, being sure that the4 N0 H ^/ j! [$ ?: m
stock had hit rock-bottom, still was berating John for his frivolous0 C M7 Z+ u7 r
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
7 y6 |" _6 f. Pworth!!".
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Well, summer has come, and hard times at Nortel continue.
& `2 p4 q8 `& v. b7 i# B% j" i/ D+ UBad 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
& I! C. u8 e* N Z0 ^the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the # t5 q! H! E2 v8 l1 x X3 c
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone! X+ ?( F: \% R5 ]* F& Z
needs their friend's during rough times), and as luck would have8 j6 E w4 w2 S' }& v
it, there were two bottles of John's beer left. John, being a good,( F/ t7 X2 E1 X, |6 u" u
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
" w; n& s% J/ a6 h: w% pthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
/ v" z4 L# \3 { y' N. hgot fifty bucks back out of it - you have nothing now.", he said.
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2 Z: o7 l" G# Q( Z ?"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
" s. U2 Y; r6 ?1 j& padded as his other friend with1 k: O _! {+ {$ ]" q9 s0 X
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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, s+ ^! U6 h6 Z2 sUpon arrival at the beer store, they unloaded the empties, feeling a
- ~& O8 {: S& I9 E" b1 ylittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 ; }5 `' W+ o' J
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as3 m# D3 a7 c2 K$ K9 B$ T' ]
he handed him the money. 3 }1 u7 ^9 Q1 D& A: Y1 h, i
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Jim was speechless. Poor guy. Can you imagine how you7 w, g. V2 d) ?& @$ l
would feel if you just discovered that over the course of the last year, your $1000 stock investment
: f7 A/ Q1 U* g1 t6 p8 z4 ]left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're
3 S3 p4 V+ p$ qown "moral to the story"." ^5 Z6 h: R5 s; q- \, }/ {+ r
8 \: l2 a/ @+ `; qHave a nice day, and happy investing. |
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