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原帖由 如花 于 2006-10-23 13:23 发表# d* n! k9 ^( v* u
如果是买了nortel呢?
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; Y3 o* O! A" rOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
# w8 r" \. s# z. ifor Nortel Networks, where in the summer of
2 t H, `! X/ J) k3 E* d, V' X& S2000, there was LOTS of money around for bonuses). + H% w' F0 A) L& G0 D/ E
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Jim, being an intelligent, financially concientious person, put the3 C( U" w% l. e. G
whole $1000 into Nortel Networks stock. With his $1000, and the
6 r' k' d# K. G3 S+ J+ L0 ^transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 5 o) i% j! {4 U! a/ |1 Z. N
Nortel stock climb and climb, he
( C2 H3 C: R: P& i/ A7 ]$ ?) R0 qfelt very good about this investment, happy that he is preparing for the future.3 r- k' ?2 A9 s: P2 E* {
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John, being a more care-free sort, did something slightly different # s% b$ e" a# b
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
, R. U4 U8 M, wpurchased 33 cases of beer. John also6 F) z: p# F1 {. j0 F) j) g L
felt very good about his investment: 33 cases x 24 = is 792 bottles1 J2 O$ @7 {1 I4 b0 W
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
8 x1 u4 V5 c3 X4 Fcalculated that he could drink about 15 , w* {) f0 k9 \2 R% g2 a, X7 t: i
bottles per week, and he wouldn't have to buy beer for a whole
. r; ]. }6 ^ _ W9 ~ e/ pyear.
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2 M' F8 T" j# z1 @& o+ x/ dJim, of course, was appalled by John's purchase, and berated him
& C/ C2 ?, @, k$ jconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
: Y+ a( T1 p0 ]) ^! S' C, C9 V# h7 Edwindle. "It'll go back up", he'd say to John.* b6 K. w+ U# c4 j4 H
% z/ P5 p) o: N0 D" DJohn, who has been reaping the benefits of his investment on a daily+ h/ X( D% u2 G- U( f( c
basis, would reply, "Ya, it will. Hang in there buddy".
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2 H' ]2 i+ _2 n' m6 q, hMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
; J% g4 ~4 v. o# l" Hnoticeable dent in the beer pile.' u& Q \3 b- v2 A. [4 f9 K3 X' ~
, T! F h8 l q F; N. T; G' [Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
1 T/ O' I# i: d% g% vabout half gone. Jim, being sure that the7 S% X s% @. T3 o
stock had hit rock-bottom, still was berating John for his frivolous
: a8 |5 |& K" y t1 m5 ypurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
$ c8 T$ T$ [! z4 Y, j/ lworth!!".$ J$ ^: y' ^$ y6 G3 n
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Well, summer has come, and hard times at Nortel continue.
% _2 c; L5 W7 E! y: lBad news: Both John and Jim have been affected by the layoffs.1 O5 Q! l6 P; }( S7 \
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Last week, in order to raise some cash to help through
E! ]8 ~% |% u: a) L& ]' T+ Bthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ) x% d. r, z6 y. c
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
6 x- f7 |% n! o; ?9 L k, e3 }, Tneeds their friend's during rough times), and as luck would have
- ?: m- A+ s4 D6 B/ i) uit, there were two bottles of John's beer left. John, being a good,
% B9 ^" s; U. k& j- Ncompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated : k0 A0 \7 ~7 N& V6 J7 b. F. d
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I $ b% f; ?9 H. @
got fifty bucks back out of it - you have nothing now.", he said. ! g4 L, r: O8 x% J$ `/ H" P
2 D1 M `5 ^. M6 j% P: V9 n K- i"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ! t% u% m' f, E8 z. D
added as his other friend with
1 L1 M+ Y9 U0 jthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.) g3 _3 ` a% m; |) B# V
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Upon arrival at the beer store, they unloaded the empties, feeling a) G6 h# o, A& n; u: k, e
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
W+ P: @0 F3 F- c7 D" @- ?bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as* e1 ]. a+ b" r/ Q9 ~& P: ^
he handed him the money. ( p4 O* L: X! z( h
& q/ s7 W! c6 ~9 p( u7 o1 hJim was speechless. Poor guy. Can you imagine how you( Q0 p: M% [. w' X1 z
would feel if you just discovered that over the course of the last year, your $1000 stock investment
# K9 u! `' U: q7 g+ i( ^left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. ( ^% R4 J# j% S Y5 T0 A
9 z' s+ p% E* V+ ^ |$ R7 mI'll leave it up to the reader to come up with they're3 n& s7 q: s1 u
own "moral to the story".
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5 k4 e2 S" n; gHave a nice day, and happy investing. |
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