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原帖由 如花 于 2006-10-23 13:23 发表" U2 }% g8 _* s1 ?0 U- q& s, N+ _! J
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
: C- s/ ^5 u5 X3 C. ^! N' r. b7 y7 Bfor Nortel Networks, where in the summer of
: [ ^5 F- @6 `, Y9 ]2000, there was LOTS of money around for bonuses).
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+ F1 L( \0 g d6 B xJim, being an intelligent, financially concientious person, put the
2 P1 o b1 F1 _6 f/ d' ]! dwhole $1000 into Nortel Networks stock. With his $1000, and the
2 S" `8 O5 p& B! itransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
& F: V7 z/ N3 b4 O/ r# KNortel stock climb and climb, he
% |9 Y& M* v. t- l& [% yfelt very good about this investment, happy that he is preparing for the future.
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* |& A+ g( ]$ ` n- OJohn, being a more care-free sort, did something slightly different ) @0 |) T1 O5 H5 x" o: n$ k/ k
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
9 {- m& h* [$ S" C! mpurchased 33 cases of beer. John also; @! \& x' w5 _# D
felt very good about his investment: 33 cases x 24 = is 792 bottles2 @+ d# g; ^- P: X4 |7 ~$ G v
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
' ?, y6 @* f& [+ y9 [3 bcalculated that he could drink about 15 ) h9 P4 K) w' v% Y/ d- n
bottles per week, and he wouldn't have to buy beer for a whole+ Q! ]7 x( R' H# Y% p. q4 Y
year.) u4 a; N6 J2 A: c% S
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Jim, of course, was appalled by John's purchase, and berated him
2 g6 S, N: l0 K) z ? C/ Aconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
9 R& Z# R% l3 @2 u' Wdwindle. "It'll go back up", he'd say to John." \. U. R7 J. L. b4 B# K
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John, who has been reaping the benefits of his investment on a daily: L, _ V; u1 m* f# ^& V c) d
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
+ i/ _$ m! s1 I5 R! |1 S2 xnoticeable dent in the beer pile.
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) r7 I3 }- u" A7 T* o3 }8 O \# IMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
5 a7 I4 f( K( |4 T3 Cabout half gone. Jim, being sure that the
& l) }3 }1 W; Y& B X+ estock had hit rock-bottom, still was berating John for his frivolous
' p" X" x2 |7 S1 r2 M7 \$ Ypurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
* G* a9 T$ K. Aworth!!".2 I: N# d. K/ V. e# @3 a: e4 \( \
; s! ]/ m" F" ^" ^* ]8 h; tWell, summer has come, and hard times at Nortel continue. ?; g8 @) q U
Bad news: Both John and Jim have been affected by the layoffs.
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' F% Q1 e- T% l) W6 ?# R1 \Last week, in order to raise some cash to help through
+ T5 [7 c/ J" e7 ^the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the / y1 i5 `. f) H5 z [9 L3 `9 C
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone% S/ F" x5 F7 [1 G
needs their friend's during rough times), and as luck would have
3 k5 |" B1 G1 Z; [; V vit, there were two bottles of John's beer left. John, being a good,
6 c+ b" z3 L$ f& Y3 `compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated : e" \; o% v3 Z
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 9 \, U% Z5 e: P. O
got fifty bucks back out of it - you have nothing now.", he said. " G+ t' H ?2 C* v: _
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he 6 i* w J5 g8 A% i: r7 C
added as his other friend with. u, O) q0 ]3 t, i- E u$ L
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.& w; F' G$ X2 v8 g
/ t3 z2 g6 c6 F& ~Upon arrival at the beer store, they unloaded the empties, feeling a6 K- a8 h. P2 }' ~% s2 G; N
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 ' |& K" W) W4 ~
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
x( q4 M- W' b5 f# v' s& O) \he handed him the money.
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: q& d9 R- A% {& V/ DJim was speechless. Poor guy. Can you imagine how you
# p0 e6 d/ D' \! b/ D* z/ N) fwould feel if you just discovered that over the course of the last year, your $1000 stock investment 4 M; H5 O1 P% z; k3 O
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
2 {9 D% u* e0 p1 ?+ ~% Mown "moral to the story".2 |+ @. z( p/ G, I
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Have a nice day, and happy investing. |
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