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原帖由 如花 于 2006-10-23 13:23 发表+ l4 |, A8 _! f8 g5 y& I, |; r! j8 X
如果是买了nortel呢?
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" w1 f6 A1 c0 L- @On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work " \6 b0 ?6 D; D' L" M6 |/ x
for Nortel Networks, where in the summer of 1 h6 ]" x- f5 e4 g w6 ~5 x( m
2000, there was LOTS of money around for bonuses).
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" l9 K* r/ `% U9 g! m. A: c' qJim, being an intelligent, financially concientious person, put the% H, F( D8 Y" l/ @1 l) o
whole $1000 into Nortel Networks stock. With his $1000, and the, u, [. U$ }, d, ~8 x s* H
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
: P, ? t1 o$ P+ m: fNortel stock climb and climb, he
8 }+ O- I: C8 N2 r9 Y. Pfelt very good about this investment, happy that he is preparing for the future.
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5 ?6 P4 Q/ g1 c5 P( N- f! u* ?John, being a more care-free sort, did something slightly different
+ D0 I% G" i! W4 i. Vwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ' h+ r3 g; a G- C0 h1 R v
purchased 33 cases of beer. John also
6 `* M6 V8 L1 e9 e) N0 F: r' R. ~' v6 Ffelt very good about his investment: 33 cases x 24 = is 792 bottles
) M$ s* I ]& O, Qof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
* h+ y/ x( K8 N" n8 fcalculated that he could drink about 15
. l7 N: b) M$ j* Nbottles per week, and he wouldn't have to buy beer for a whole
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% v! R0 ]+ T5 i, r# M2 |Jim, of course, was appalled by John's purchase, and berated him
& Y% i$ J1 J( p. |: x$ b6 i3 w' \constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
& F" ]+ h/ M# D7 }8 N# _dwindle. "It'll go back up", he'd say to John.( x" G2 B$ {! C1 X; E* e
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John, who has been reaping the benefits of his investment on a daily6 }1 v3 Z7 @) }+ M
basis, would reply, "Ya, it will. Hang in there buddy".
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a % d' z: G# V2 ~5 G# D6 F
noticeable dent in the beer pile.
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was , E, G5 T% Z& N* r" y
about half gone. Jim, being sure that the
& J% d4 I* W, [- ^+ @5 A% astock had hit rock-bottom, still was berating John for his frivolous: b0 `$ C+ U& |" ]6 Q+ M) T' I' ^4 q7 H
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
8 R5 {: Q9 M4 Q) D& \1 U* P; g4 ?worth!!".
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Well, summer has come, and hard times at Nortel continue.
8 Q6 `, V1 j2 p- s8 w4 O0 j- U' TBad news: Both John and Jim have been affected by the layoffs.
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7 s3 \7 `; l& FLast week, in order to raise some cash to help through/ O9 l2 d2 U" H( m3 d
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
" I) D: F, P/ i3 ~, D/ t9 s0 \# Y$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone7 E, d& \: \; t/ K8 J$ [0 z: A
needs their friend's during rough times), and as luck would have
+ j/ M# [! P0 n6 w. rit, there were two bottles of John's beer left. John, being a good,7 h- \4 _ L7 c; T8 _: ~
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
1 n8 o+ S$ O; A" K. R! b3 q( gthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 7 Y* ]2 o U! c9 h+ p+ {" X
got fifty bucks back out of it - you have nothing now.", he said. ! @$ l, ] Z0 R% S( U, d
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he g2 D0 c0 b; q! k S9 f9 b
added as his other friend with% z* |3 j" b( E8 F3 a6 `* {
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.( o( i) r2 a9 X6 u' p
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Upon arrival at the beer store, they unloaded the empties, feeling a* d! T3 a" g6 N2 ^$ V: K! V- N
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
0 O3 ]" X9 W) Ibottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
% o, O' I+ m0 t3 ?2 r) D, dhe handed him the money. ! ]- c. e2 m8 N2 i" i) y
0 |- \4 ?- ]3 q/ Q. e+ p/ x iJim was speechless. Poor guy. Can you imagine how you
5 }6 ], s0 N" h$ Iwould feel if you just discovered that over the course of the last year, your $1000 stock investment
' n7 q% J! A* D* Nleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're
3 x, R$ e- E9 O8 I& M5 |. n1 hown "moral to the story".3 L$ P" `/ s3 G p2 [
) ~4 [# w4 z) e( U; h5 H+ ZHave a nice day, and happy investing. |
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