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原帖由 如花 于 2006-10-23 13:23 发表
1 j+ C) A. C" \9 E" l: u1 i; M5 Q如果是买了nortel呢?
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! w. z+ q" [8 Q! `On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
2 w' G e1 J. J3 |7 \for Nortel Networks, where in the summer of 9 e u9 g' c9 f; W' I8 E0 }; }
2000, there was LOTS of money around for bonuses).
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1 L& k, E1 p3 _Jim, being an intelligent, financially concientious person, put the" V- Q6 H0 y3 A6 y; R) P* ?
whole $1000 into Nortel Networks stock. With his $1000, and the$ C2 d0 B' I- t; U
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
& Y+ d" Q1 X; ^; d' t$ r# kNortel stock climb and climb, he
& n: Q) ]* S" f6 j$ ]felt very good about this investment, happy that he is preparing for the future.$ ^3 ~- l( W5 ], l
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John, being a more care-free sort, did something slightly different
4 i7 X/ ]/ T- o4 u, r7 M, |with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ) n9 {) b5 L. b$ O8 r! t! J
purchased 33 cases of beer. John also) z7 } c4 e! p; V
felt very good about his investment: 33 cases x 24 = is 792 bottles
: G1 M, B4 y+ b; H5 U7 Iof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, $ O! I$ A+ X l% v
calculated that he could drink about 15 4 n4 W. x* }4 Q$ j
bottles per week, and he wouldn't have to buy beer for a whole2 S( x/ o$ g4 i1 q( P
year.
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Jim, of course, was appalled by John's purchase, and berated him
+ K& e2 L2 c4 Z# Wconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to . m% k3 ?; |0 u5 h; f1 j
dwindle. "It'll go back up", he'd say to John.; b( [9 m& J }# J
& g) x7 q4 K* n( D- P* C" D. qJohn, who has been reaping the benefits of his investment on a daily
3 V$ p5 G! m" P$ T& B5 E |basis, would reply, "Ya, it will. Hang in there buddy".$ \/ m3 ^9 l* C4 F2 |
' f+ ^5 N0 u& C$ z4 ?& yMonths went by, and the value of the stock continued to fall, and there was the beginnings of a 8 t0 p. U/ v+ L5 M9 v
noticeable dent in the beer pile.6 Y w( K4 @0 f* g# G
8 k8 N7 [% h; ?- F4 t! y* V3 Q: oMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
& \5 t6 `9 f6 k$ H4 ?2 t8 v) |about half gone. Jim, being sure that the
0 F) m$ I! o$ Y" X2 W) u% t$ Zstock had hit rock-bottom, still was berating John for his frivolous
" y+ R1 V* Q- f0 c5 \* D2 w2 z' Ipurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 5 t2 O' i. w% [- K0 ?" D4 E& w/ n! a* g
worth!!".( M- X5 D. P, Q! v8 b( M; Y
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Well, summer has come, and hard times at Nortel continue.
" c4 C z* E" c- m# B; I+ xBad news: Both John and Jim have been affected by the layoffs.7 |" @: F/ U. x2 B4 i ^6 Z
% |0 P7 J: q& H8 GLast week, in order to raise some cash to help through
6 F$ Z: S! f$ v+ i: o8 P+ X: S [( jthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
1 t7 m( O& S L5 b# W$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone2 W* ^" r+ _' Z; k4 j5 X
needs their friend's during rough times), and as luck would have
9 q3 Y. ?$ ~& f' l) Bit, there were two bottles of John's beer left. John, being a good,
; f4 s; ~0 K+ T, F- O. ucompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
* x" j9 K- I$ tthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 6 w L {- r+ l) _- A# X
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 3 ]. f% u* ~* y$ l) Q
added as his other friend with. l& E3 E6 i9 D/ ^8 o
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.$ d- r" |. C3 n4 O: z ~
9 S" E2 Y5 f: w. LUpon arrival at the beer store, they unloaded the empties, feeling a
7 E: ~! f! }$ c+ }1 xlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
0 u- J/ g+ f' c$ }* xbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as" z. A' \1 e" l. V r4 h( S
he handed him the money. & M4 s1 @" n% m# N3 {7 u4 M2 D
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Jim was speechless. Poor guy. Can you imagine how you
4 n, G! m; L) zwould feel if you just discovered that over the course of the last year, your $1000 stock investment : x. R9 k( N6 k R. m, g" Z
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're
5 {, O+ A9 l" Z! l7 w+ y g. @& iown "moral to the story".' `% ?) b+ x% O: l- c
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Have a nice day, and happy investing. |
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