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原帖由 如花 于 2006-10-23 13:23 发表
1 W. D% D9 ]# C, q( U如果是买了nortel呢? / D. [% @* u1 G% |- K( p+ X
! s$ r7 z/ X4 L( FOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
- S" ]8 ?2 c' U- O( D% p% F' Ofor Nortel Networks, where in the summer of
" l5 [) t2 @% `" G$ r2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the
6 ?6 x {: e4 a! }whole $1000 into Nortel Networks stock. With his $1000, and the. }1 U, j$ K4 X" ^4 e7 R
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ; A" r: j' N y8 w' q
Nortel stock climb and climb, he
# ~6 h* k5 N, dfelt very good about this investment, happy that he is preparing for the future.0 z9 o: T/ o8 x; T* K W
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John, being a more care-free sort, did something slightly different , ^6 ?& o6 o& F$ w4 Z
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 4 v. W7 n0 u" T# E( s' k! V( |
purchased 33 cases of beer. John also& s; h0 x1 g" S3 V/ b# q
felt very good about his investment: 33 cases x 24 = is 792 bottles
& I! z W9 s- T2 T# I1 R% oof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
8 R; R9 z9 Z1 E6 k# ^4 i# _calculated that he could drink about 15
% s d, o7 z# Ibottles per week, and he wouldn't have to buy beer for a whole
& j# {. |# N g" v) z% B: Nyear.
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Jim, of course, was appalled by John's purchase, and berated him
/ Z3 {% Z4 E+ w; O4 Econstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
1 Q3 a& L! W3 jdwindle. "It'll go back up", he'd say to John.
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- t" @) D5 F; ]& OJohn, who has been reaping the benefits of his investment on a daily
/ X& H. {3 c& r' K- v1 A; ybasis, would reply, "Ya, it will. Hang in there buddy".5 y3 e4 t: O; s' B
! D- |' N) d8 S- _8 Q m( FMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
( b" _6 x. g$ H% B) M; Inoticeable dent in the beer pile.
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) Y$ s; ^# p/ tMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was & \* x8 V( q8 n9 z6 L0 M
about half gone. Jim, being sure that the
9 F+ \7 _& o0 Qstock had hit rock-bottom, still was berating John for his frivolous# g: s9 l* C. q' W0 R% J
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
) Y3 v2 e( Y5 D$ wworth!!".
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Well, summer has come, and hard times at Nortel continue. $ l' o n7 c" I5 g& o g: | W, W! q
Bad 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' p7 m( c4 H: z# l" W
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
U: h1 o/ S; e: U9 e- o( r$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
2 d; T5 P2 N5 e' `7 n. ^- |needs their friend's during rough times), and as luck would have! z. s* ~ w: Q- Z& M# h3 f. I
it, there were two bottles of John's beer left. John, being a good," Q; x; W) N% Q* H4 V4 @" ~( o
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 4 p! ` T7 s9 r1 X/ a$ j
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 4 L! K2 ?1 N. C) J; d% }
got fifty bucks back out of it - you have nothing now.", he said.
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5 P5 B }1 Y/ l4 d+ @"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he {/ z0 T8 O7 `% \1 `
added as his other friend with z9 Q$ g* P, A$ p9 R* r
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store. G& _9 f* D3 [* A9 a2 t
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Upon arrival at the beer store, they unloaded the empties, feeling a. W; \ o8 R8 i X& f3 R
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
( y% b0 e, E8 G+ o+ {5 L* j" dbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
+ ^: F. d. k' x6 a" c$ k# g2 S3 rhe handed him the money.
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: Y+ Z. z, X5 e; a5 QJim was speechless. Poor guy. Can you imagine how you
) E& }1 n( N+ a0 u$ cwould feel if you just discovered that over the course of the last year, your $1000 stock investment
; W5 j) X& Z' Rleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. * }5 n) M/ h+ K+ _3 r: {
3 [* F8 i* a, ^( i% I3 sI'll leave it up to the reader to come up with they're% K. X1 Y. G3 @" t
own "moral to the story".( F0 f* h4 q4 ?+ V9 q
) l( i; h/ ?, _& _& r6 _3 M6 mHave a nice day, and happy investing. |
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