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原帖由 如花 于 2006-10-23 13:23 发表
* o6 U% N* u# Q7 h! a如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
" I" x+ r6 V3 X' w$ mfor Nortel Networks, where in the summer of
9 H3 p+ u- V) o, O3 Y, j2000, there was LOTS of money around for bonuses). $ ^9 T+ i" a+ H0 }6 f
7 S- I% f9 n$ o3 A! B- pJim, being an intelligent, financially concientious person, put the
# w! @) Z7 d' ]whole $1000 into Nortel Networks stock. With his $1000, and the) A4 M6 J' k8 ^: o6 _, f# n
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 7 S0 R" q+ ~% f$ S
Nortel stock climb and climb, he
% L3 n- \- Q5 A: Hfelt very good about this investment, happy that he is preparing for the future.: _! @3 ]# X" C6 X3 w% e! O
- ~5 _6 [- Q0 y$ a; u$ KJohn, being a more care-free sort, did something slightly different
5 ^: J G! Y% Jwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 1 F! d7 Y) E8 J T+ `, r
purchased 33 cases of beer. John also
5 g( H+ H; n6 ]! }2 J# Afelt very good about his investment: 33 cases x 24 = is 792 bottles
0 E- ]/ a6 j _% U0 fof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, # ~- M# j; z4 U
calculated that he could drink about 15
; R/ @1 Q: Z" c/ @# ibottles per week, and he wouldn't have to buy beer for a whole
" A. V3 z. M% t' B7 myear.
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Jim, of course, was appalled by John's purchase, and berated him/ f8 U3 y4 [& f) n9 `7 w
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to " B2 i0 U1 ]9 G+ r
dwindle. "It'll go back up", he'd say to John.
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John, who has been reaping the benefits of his investment on a daily4 R) z) ]2 k, v6 x- y( \
basis, would reply, "Ya, it will. Hang in there buddy".
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a ' L/ \1 i" |! r
noticeable dent in the beer pile.1 H; E! ]! h) A% {3 I
( B' |* |# q% ?1 H: R6 iMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
- w/ [) {9 N) {about half gone. Jim, being sure that the+ X. g$ G5 }1 X* E
stock had hit rock-bottom, still was berating John for his frivolous
# P/ o- c+ ^( ]2 O+ y' Fpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
/ }; H. [* p& v+ rworth!!"./ O; ]) n- P s$ L2 s( g8 e# `
6 r1 c- u6 @7 u9 r. o+ oWell, summer has come, and hard times at Nortel continue. : }! M+ {" d) U$ F5 v* ^, I
Bad news: Both John and Jim have been affected by the layoffs.) ^) S, S6 e0 |3 J, J0 u, b. ^' l* q
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Last week, in order to raise some cash to help through' z- W; r# Z b3 ?
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
& w2 I. r: j# A: g$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
5 p& b5 ~% m. M9 ^0 V3 X- ?needs their friend's during rough times), and as luck would have( |1 q6 W" z' ]
it, there were two bottles of John's beer left. John, being a good,
! B' w, M d2 N6 Y, i. Y/ Ucompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
& I9 A3 @0 o: l' _6 h" X! P" Bthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 5 r4 {8 B" i; E' h; t% Z8 M
got fifty bucks back out of it - you have nothing now.", he said.
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ! r0 ~" }+ A% ]$ P) j# q m
added as his other friend with4 _3 w3 W3 ^9 @# w* p# K
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.8 g/ N+ Y& x' g
. o7 z: K- ~- b$ EUpon arrival at the beer store, they unloaded the empties, feeling a
6 @' e, i/ c/ o* |1 H5 @1 y! wlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 : Q3 a x4 s, I% Q6 g# }; J) O
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
) A8 D7 @6 u& e: She handed him the money.
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9 X! \& ^. K# R; h1 R9 nJim was speechless. Poor guy. Can you imagine how you
' A9 L' w! p7 e; Y" z* ^+ r' Wwould feel if you just discovered that over the course of the last year, your $1000 stock investment
6 R1 ~3 R, O2 P; Lleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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8 r: W: W. }+ V* ~I'll leave it up to the reader to come up with they're
6 Y: @: Z, B, @( m0 ^" o% Iown "moral to the story".
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Have a nice day, and happy investing. |
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