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原帖由 如花 于 2006-10-23 13:23 发表* l. [! F8 h: e$ r
如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
1 w. ]2 v9 c( |$ S2 j4 \1 K$ Y! `) Ufor Nortel Networks, where in the summer of
/ G5 i2 p2 F" u2000, there was LOTS of money around for bonuses). 5 x" f3 Y1 M6 V; K0 R
' g6 `0 v: ?- H( _9 nJim, being an intelligent, financially concientious person, put the
) g, U: O' X. ^3 p' M5 j6 m, B) Vwhole $1000 into Nortel Networks stock. With his $1000, and the
) Y* R& {, ~" T3 E: L2 W/ Htransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
5 l3 @! i4 L8 v' _- b$ {: ^Nortel stock climb and climb, he0 M* N. g# f0 q G: W
felt very good about this investment, happy that he is preparing for the future.% I# F1 D a/ y! s& m. W
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John, being a more care-free sort, did something slightly different
' v- @! O9 g& g* x& x Zwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
' V7 _+ z2 c/ ?4 Wpurchased 33 cases of beer. John also. Z" K y# L, m( R0 ~
felt very good about his investment: 33 cases x 24 = is 792 bottles
+ a" X: s0 V! g6 b4 y% s: F0 Aof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
, g7 M: }' }/ Y/ U- pcalculated that he could drink about 15
4 |+ X2 x, |% {2 q6 d, T! Mbottles per week, and he wouldn't have to buy beer for a whole3 X9 @& @2 e4 _* N% l
year., H* D6 k3 M; U- {( b: u
( b/ w6 e7 f/ w" a, y3 _Jim, of course, was appalled by John's purchase, and berated him* f. b* S$ D: c# f: f7 N+ C! }& `
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
# R9 @4 Q D( |7 @( @dwindle. "It'll go back up", he'd say to John.
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2 q2 O' w# k$ R- c# h9 Q3 p) VJohn, who has been reaping the benefits of his investment on a daily
5 W& U( s: v+ d7 R/ Qbasis, would reply, "Ya, it will. Hang in there buddy".# v# ]1 m6 J5 g
1 o' ]$ f t/ N7 D( {Months went by, and the value of the stock continued to fall, and there was the beginnings of a
: P. b+ B7 E, u; |& b" W7 _- l7 Onoticeable 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 0 X7 T' W- ?7 W, C' a2 F0 ?8 D: ?
about half gone. Jim, being sure that the
0 ?' u$ O* x+ |" F* `* ?2 ? ~) astock had hit rock-bottom, still was berating John for his frivolous
% f. M) d/ X. z8 ]& jpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
5 j% B Q& E# z4 a) I- ]+ Sworth!!".
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Well, summer has come, and hard times at Nortel continue.
q( K$ _$ m3 I7 t. [Bad news: Both John and Jim have been affected by the layoffs.2 B- Y" U2 g# Q; ?* [8 D4 t3 m: @
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Last week, in order to raise some cash to help through
8 k% }+ W% \- T4 c0 ^: a7 s: bthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 1 ], Z k: k8 u* z
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
5 |8 z- B; s4 d: U: v, ]needs their friend's during rough times), and as luck would have
$ b- w& t3 C2 X+ J9 Tit, there were two bottles of John's beer left. John, being a good,
2 l2 T, g+ X6 ?compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
H6 P( Z: j3 I& U! Hthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
" c7 P2 W! W: |8 s; ngot fifty bucks back out of it - you have nothing now.", he said.
; r, W5 }5 ~2 b
- A8 n. i7 G9 [1 w! n! N' w"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
5 S* l: g- ?9 a$ |% radded as his other friend with m& ~9 S9 x; r' {1 f
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.3 ^, p; P) g7 i: Z7 i# Y
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Upon arrival at the beer store, they unloaded the empties, feeling a; K1 w8 U5 v3 E, y
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 9 F1 m5 E" u$ \+ o' a0 b
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
+ ]# M! V* P6 _- m( n/ Zhe handed him the money.
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) t& G9 k/ |6 {# e; z. F* |Jim was speechless. Poor guy. Can you imagine how you' m* [ s/ Z! A, V3 H- h J
would feel if you just discovered that over the course of the last year, your $1000 stock investment
% _7 k3 E) S4 H% lleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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' B8 B: Z9 p: SI'll leave it up to the reader to come up with they're
+ Q6 n" O5 J+ H# ^; } k- Hown "moral to the story".
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D2 @' I0 q( q+ T5 E eHave a nice day, and happy investing. |
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