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原帖由 如花 于 2006-10-23 13:23 发表
2 }% P' p+ |, n8 D* b如果是买了nortel呢?
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6 O% M0 m) _. y! YOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work ) f$ o* ?6 ]( f6 A8 v; t* _
for Nortel Networks, where in the summer of ' H) s: f* J/ U
2000, there was LOTS of money around for bonuses). ' K- ]7 z' F A5 e! q, C
+ T! q: Q- h) R. n5 }Jim, being an intelligent, financially concientious person, put the( z# a' S. X& m" P" M" g" g8 w
whole $1000 into Nortel Networks stock. With his $1000, and the
) S8 d. A+ @# i1 `transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
, I) z4 K: H5 a HNortel stock climb and climb, he, X/ X7 q! B8 p x6 x8 ~5 p2 k
felt very good about this investment, happy that he is preparing for the future.: U' U/ o/ D% ~5 ~1 c# {, ]+ M
2 W/ y& }2 }7 D5 ^John, being a more care-free sort, did something slightly different
2 [. \3 Y; Q% M" x- J. i4 Bwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
, F2 T. g l! f1 w( T' W1 Ypurchased 33 cases of beer. John also6 M& j& i! g" S+ u8 @% U# q' s
felt very good about his investment: 33 cases x 24 = is 792 bottles
, h! f8 A# F7 g9 Xof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
$ P0 B, ~$ v& T. t/ O7 ~4 acalculated that he could drink about 15
, B( W9 y# h) G5 p- r8 Qbottles per week, and he wouldn't have to buy beer for a whole
9 _- s" {0 E, W: N# m" S) Tyear.
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Jim, of course, was appalled by John's purchase, and berated him
0 |4 ]4 X( ~; y. iconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
* q; n+ R. {- C* f- K- Edwindle. "It'll go back up", he'd say to John.
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! b# r* ~# o1 w2 r! A0 SJohn, who has been reaping the benefits of his investment on a daily
- p; { l$ G* B; b/ i0 Rbasis, would reply, "Ya, it will. Hang in there buddy".1 w! ?0 m3 O& Y. g ^
- Q7 j9 E4 \7 P- `Months went by, and the value of the stock continued to fall, and there was the beginnings of a
; d9 k' e# Q* Tnoticeable dent in the beer pile.
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4 ^. C" q8 t5 u) W$ MMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was + b8 }. ]- F) E- y$ f6 s
about half gone. Jim, being sure that the
8 I$ Q+ g; A* M+ d) Qstock had hit rock-bottom, still was berating John for his frivolous
$ |% }% V# T8 D1 Q# J' E' @purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 2 ]4 D: P- x- Z6 [; W; [. k
worth!!".
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Well, summer has come, and hard times at Nortel continue. ! y$ w9 t6 V/ I! O" I: @
Bad news: Both John and Jim have been affected by the layoffs.$ U3 t, L: D( E4 a& Q4 I# l
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Last week, in order to raise some cash to help through# W0 v3 L7 n: B7 x8 X2 ]; a
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
+ b9 T( J0 H! N6 c- y' {$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone, H% g& _1 r& G9 \# e
needs their friend's during rough times), and as luck would have
2 l+ `4 @2 @% o6 C6 Mit, there were two bottles of John's beer left. John, being a good,2 m" g8 j$ l" Y0 a9 M) H" O0 n
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated $ X# N' r- q; e* t! C2 W
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
. R L6 L: h0 A' Y* V& A+ sgot fifty bucks back out of it - you have nothing now.", he said. ( Y( x$ |' Z' c3 `
( k1 _4 e" ]1 Y- |$ z3 J8 S3 U"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he + s7 i6 C2 v) H! T* h
added as his other friend with
5 l8 ?, C, ^ F1 N& o, Othe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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' l: u. {4 T e+ p6 sUpon arrival at the beer store, they unloaded the empties, feeling a0 i( e i h. d- N
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 6 z9 b2 t G- ^+ I( Z" O8 l9 j
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as4 o) w: J% ~+ r3 r7 y! Y
he handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you: H, [" U6 w1 K5 w% f
would feel if you just discovered that over the course of the last year, your $1000 stock investment
& t: w6 A) Y k0 xleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 0 J7 ~" _ r( L6 z" [
, E" ]) e; \7 B0 N" B/ o7 I/ @" WI'll leave it up to the reader to come up with they're
4 v% s* n. _0 D7 qown "moral to the story".
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Have a nice day, and happy investing. |
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