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原帖由 如花 于 2006-10-23 13:23 发表
5 D$ l2 G$ J- x8 S) Y( z4 A. H3 r如果是买了nortel呢? ! }3 K! b2 D* w& ]# Y
+ T0 X# O) R) P7 c) R/ K! `0 q; t/ aOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
! `! G5 O% _; c( i* e. ` Z& }for Nortel Networks, where in the summer of - t. z0 V2 U" q7 o \6 D7 [! E! N
2000, there was LOTS of money around for bonuses).
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* O5 J% E- c# a& h7 ~: TJim, being an intelligent, financially concientious person, put the
6 q: _. O( N( I+ B3 hwhole $1000 into Nortel Networks stock. With his $1000, and the5 V- {( c3 n0 P* V" a: Z: `, ]; j
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
2 `. _ k2 ^% fNortel stock climb and climb, he
0 V. S9 C+ G3 H( Gfelt very good about this investment, happy that he is preparing for the future.
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John, being a more care-free sort, did something slightly different " K9 s/ @$ `2 o
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
9 `7 D% p% m7 P ~4 Vpurchased 33 cases of beer. John also
$ a; E, i2 X6 x f, K7 i% u* M" ffelt very good about his investment: 33 cases x 24 = is 792 bottles
9 c% R7 _3 c3 r- Zof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
4 {3 j3 s1 I8 x5 J$ [calculated that he could drink about 15 * a' ]' |5 u) i" A+ ?& x
bottles per week, and he wouldn't have to buy beer for a whole% c( r+ V$ `% P5 G2 H" |' M3 L3 T/ g
year.
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# ~7 C7 k" ]( c2 D9 `' p% q _# MJim, of course, was appalled by John's purchase, and berated him
1 V0 p7 l6 P9 g. h% Z5 T( ^constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to * h# o) ]: t. ?7 |2 T
dwindle. "It'll go back up", he'd say to John.( G2 n4 w6 ^: g2 G
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John, who has been reaping the benefits of his investment on a daily
5 U: s8 [6 d' i5 Abasis, would reply, "Ya, it will. Hang in there buddy".
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# R- [0 g$ h8 c2 V( |9 pMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
5 A. e0 x- D# u# Q; ~noticeable dent in the beer pile.; T% X1 m5 ^0 L
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was 1 J% T( D- Q- q
about half gone. Jim, being sure that the/ ^8 S' L4 j1 F! f& Y7 E
stock had hit rock-bottom, still was berating John for his frivolous: h' U z' c" Y) F# c6 E, q
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be * @- ^' |/ `2 o* m+ H
worth!!".
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Well, summer has come, and hard times at Nortel continue.
# W# [" S! Y* g' Z/ ?( {4 eBad news: Both John and Jim have been affected by the layoffs.
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Last week, in order to raise some cash to help through
& I! i. j% A8 y6 ?5 nthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
H7 A6 l4 P- W7 K1 M$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone4 C0 @/ S/ q a
needs their friend's during rough times), and as luck would have
; z( \2 C# {# f5 m8 git, there were two bottles of John's beer left. John, being a good,
T& U: c3 Q' S# A! Mcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
5 Q$ k7 v+ H4 `2 Cthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
0 [. F3 _/ d% C) wgot fifty bucks back out of it - you have nothing now.", he said. , U: A3 O+ Z3 K
+ u6 Y- R* h, l6 O"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he " @" k9 Q8 f* e+ Z g e- m
added as his other friend with
/ F- m o2 g& vthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.2 z! E) ?. x5 D9 V, i' t, P
2 {- R# W3 w+ _0 d! d# WUpon arrival at the beer store, they unloaded the empties, feeling a
1 c+ q# t) V; }$ {little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
3 a# y2 H! E! \8 y- D6 Y+ fbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
$ M' y( Z2 q u. rhe handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you3 N2 m. y( H2 S/ X6 F
would feel if you just discovered that over the course of the last year, your $1000 stock investment
( Y( ]- G- U- _4 q9 J# ?5 qleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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3 B4 j4 W" j0 `I'll leave it up to the reader to come up with they're
1 Q" A8 p2 \) h7 r+ D" town "moral to the story".; ]( n1 M& A+ d$ z
0 ~7 R- j9 K- `9 g6 ?- wHave a nice day, and happy investing. |
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