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原帖由 如花 于 2006-10-23 13:23 发表
* Z9 |% |1 M9 R; T/ g7 w如果是买了nortel呢? 5 e6 H( v5 L) m' l
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
}7 U' Z$ l$ Y# Bfor Nortel Networks, where in the summer of & A4 P' g3 K$ E3 y( `
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the
! y- v4 n3 Z' R" @: T8 }whole $1000 into Nortel Networks stock. With his $1000, and the0 p" ^. C: N$ b
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
. d. p, N5 K7 u( m$ V0 gNortel stock climb and climb, he ], j4 m4 A! f, ]; ]% R+ |
felt very good about this investment, happy that he is preparing for the future.) u: W% x6 e3 Z
) |/ j# P6 d V4 F/ OJohn, being a more care-free sort, did something slightly different
4 q3 N8 C) }1 Zwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
1 {/ [2 l% {0 M3 C" opurchased 33 cases of beer. John also
# Q7 _: z8 I8 W B" F \0 Afelt very good about his investment: 33 cases x 24 = is 792 bottles6 f. ?% i. y V
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 1 n! g2 [( E$ V6 e$ L, [/ z7 f4 o
calculated that he could drink about 15 : ~, \# Y7 P3 |
bottles per week, and he wouldn't have to buy beer for a whole
G A& I# F: n, m# @year.
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Jim, of course, was appalled by John's purchase, and berated him! a0 o+ R! y8 R" L" C
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to ' O! q+ F' \( P# M7 H
dwindle. "It'll go back up", he'd say to John.
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% q% N$ v. y }+ E+ KJohn, who has been reaping the benefits of his investment on a daily6 _2 F `# f) p; u p6 x
basis, would reply, "Ya, it will. Hang in there buddy".: ~6 m: P8 S& l3 n S
( U9 t* R- \# \. |2 ?Months went by, and the value of the stock continued to fall, and there was the beginnings of a . G' E5 h* b& C+ H5 Q
noticeable dent in the beer pile.6 e5 U. t9 c |
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
% I8 {& v3 h, oabout half gone. Jim, being sure that the. U/ l+ Y" }: R9 I ]
stock had hit rock-bottom, still was berating John for his frivolous
4 [( o. \ F7 E* \purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
3 R A5 l4 ?$ g. l2 nworth!!".9 s- N2 B5 _" G4 w
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Well, summer has come, and hard times at Nortel continue.
& c9 m. R- |6 M6 n' U% m0 JBad news: Both John and Jim have been affected by the layoffs.
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9 E! `$ o3 {+ z5 B: `Last week, in order to raise some cash to help through
5 v B0 G; w1 W$ Nthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 9 ~, r( }/ z* y1 J0 O5 |1 J
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
. g C0 I5 D, M6 Q$ u5 G4 v# Jneeds their friend's during rough times), and as luck would have, Y7 B$ e4 u5 M- Z
it, there were two bottles of John's beer left. John, being a good,
! Q& x; U. n* R% r! _7 Ocompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
0 s' h7 F$ y/ ~# d bthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
1 d$ c4 r! C. b2 E- @* Pgot fifty bucks back out of it - you have nothing now.", he said.
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# S B2 Z' c/ ?& ^6 u+ x$ L( C; C"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
5 |* t" M& c! O/ }1 B8 M* `added as his other friend with
' a* D2 L W: m# @- fthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.! j0 w. u; w2 i8 m! O: g3 t; Z4 c
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Upon arrival at the beer store, they unloaded the empties, feeling a5 w# X q1 n9 K" h; N" c
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 $ U1 K9 H# J- ?
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as( V8 a) ^8 J. u3 }+ v( S- S, d
he handed him the money.
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! R! V- \' E# eJim was speechless. Poor guy. Can you imagine how you
$ u; A' ]' v2 s' \* f7 D" Twould feel if you just discovered that over the course of the last year, your $1000 stock investment 4 {5 |. k5 j; \
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/ F7 j0 I5 W' t. m! d7 [/ [
own "moral to the story".& ?0 P8 a& p! x4 J: R
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Have a nice day, and happy investing. |
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