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原帖由 如花 于 2006-10-23 13:23 发表
' u* k+ {7 C0 H: D3 V6 c( X: H如果是买了nortel呢?
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$ I% m5 H3 v% z$ HOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work ) N+ E" g/ M$ x/ r- ?
for Nortel Networks, where in the summer of 0 O4 Z% k! p; C/ H1 ]
2000, there was LOTS of money around for bonuses). : x8 D3 {9 y# }. u |( j$ i3 z
' B, M2 ~; Q5 i# ~7 n. {- d/ ?Jim, being an intelligent, financially concientious person, put the0 p) U2 n) x# r( v7 U
whole $1000 into Nortel Networks stock. With his $1000, and the$ t4 ^3 _6 v+ l9 e; X; `. @6 x
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 9 T+ d1 E2 F, R/ A) \. d8 W
Nortel stock climb and climb, he1 k! h+ }8 l* S* M6 q4 g# _
felt very good about this investment, happy that he is preparing for the future., c; X5 V( I# \
$ e* d( d8 Y& u. H g- tJohn, being a more care-free sort, did something slightly different 6 N6 C" V7 r4 [9 Q9 U5 y
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ) W$ j" Z* g' L+ L( V
purchased 33 cases of beer. John also' |5 Y! E) j0 X, R$ Y& A g
felt very good about his investment: 33 cases x 24 = is 792 bottles! H9 ~$ r, E6 H# ?% `3 S
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
. t/ S4 Y$ T7 h9 d! A5 ccalculated that he could drink about 15 - R' U3 H1 V) q6 o, q0 Z
bottles per week, and he wouldn't have to buy beer for a whole
7 R( t; i6 m J/ X3 {; S, z# c- `7 cyear.& V* E- P# r7 b; Q4 @( l0 v
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Jim, of course, was appalled by John's purchase, and berated him
4 t; U4 x/ |/ [constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
$ ]9 T0 w0 C( r% {9 bdwindle. "It'll go back up", he'd say to John.% E: T; ^8 A! ^! i3 K
+ n. `, y8 P* S, |- o+ e; T mJohn, who has been reaping the benefits of his investment on a daily
. p1 _2 |, u; obasis, would reply, "Ya, it will. Hang in there buddy".
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: z/ `* L1 w5 j: l! WMonths went by, and the value of the stock continued to fall, and there was the beginnings of a & B8 l: E) Z' b0 M' n
noticeable dent in the beer pile.
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
, u6 Q: F1 ~2 a) L% s) k& J2 wabout half gone. Jim, being sure that the1 S* z& E- B" H& X
stock had hit rock-bottom, still was berating John for his frivolous
( r& L6 c/ m' L% A) k* c5 tpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
# Y* c+ c' I7 j8 jworth!!".
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Well, summer has come, and hard times at Nortel continue. ; v8 j, A4 u! m( m2 \7 p
Bad news: Both John and Jim have been affected by the layoffs.7 O6 T- p3 f1 y/ D [
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Last week, in order to raise some cash to help through, \- f. ?; ]' {: \1 j
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
4 W/ L/ R5 m$ R w: E u$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
# I. i7 f9 I0 e5 N2 e' |, `needs their friend's during rough times), and as luck would have: f1 _6 L0 s. o0 y" e
it, there were two bottles of John's beer left. John, being a good,1 g3 m4 `4 {7 x$ x6 k( ~5 W& P7 R
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
4 q2 H9 X& b; s9 B! Ythe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
1 R; T% G, o& V2 T1 I' \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 - y9 p' a) I3 k" ?7 R- F& @
added as his other friend with# g( g) Q& J- q& }& E z1 a5 M
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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Upon arrival at the beer store, they unloaded the empties, feeling a
1 d# J/ @: j0 e# i2 `, glittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
; z! m' J: W! K9 F& rbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
6 m+ j9 |! P3 z8 Q; s" i3 Bhe handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you
6 k" I+ | S' h: T6 rwould feel if you just discovered that over the course of the last year, your $1000 stock investment
, S, A) r) g: _; x& Kleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 7 V' i( L7 c2 |# L$ q$ R% ^ r
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I'll leave it up to the reader to come up with they're
, H+ r2 A" e: L+ L4 T4 ^own "moral to the story".1 R- q% L6 e& w/ q$ g" i" R
; B& r8 l0 `6 V+ `4 `( b+ DHave a nice day, and happy investing. |
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