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原帖由 如花 于 2006-10-23 13:23 发表7 K! o0 E0 a# i
如果是买了nortel呢? ! i$ V- m Q$ [; {/ x, Q+ I! R
. L8 b W6 A. b9 y+ b- ?9 MOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
, ]) ?# c7 T4 d% u: s- J9 zfor Nortel Networks, where in the summer of
. w+ M2 @7 R8 x8 @/ o \2000, there was LOTS of money around for bonuses).
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* ^& h9 F# e5 }( k! bJim, being an intelligent, financially concientious person, put the
' b2 U4 B+ ]) E1 c- gwhole $1000 into Nortel Networks stock. With his $1000, and the$ J! ]; z: [ [1 U
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the : z$ [$ v0 G. Q1 g
Nortel stock climb and climb, he
5 k5 D* r1 n8 f( D" Afelt very good about this investment, happy that he is preparing for the future.1 z( t9 S! t! F% B6 r
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John, being a more care-free sort, did something slightly different ! k9 J! u+ z; ~# R0 W
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
& o6 C: e. s2 w8 U) ]3 epurchased 33 cases of beer. John also
& ]3 d3 n0 o: z. n, ffelt very good about his investment: 33 cases x 24 = is 792 bottles
/ T6 L+ f5 X, f; M, Xof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
& n/ D h4 n. J& J! Ncalculated that he could drink about 15 ; Z1 {( J. G3 a$ z y9 e/ l
bottles per week, and he wouldn't have to buy beer for a whole) C- m! |& _ M- E, Y* z- T1 D
year.
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# {3 v$ v7 ^# i7 yJim, of course, was appalled by John's purchase, and berated him5 Y( h) K: ` `1 v; d" z
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
/ M" P! Q% F/ ^' S# tdwindle. "It'll go back up", he'd say to John.; {* Z$ s/ x4 a/ d, M
& S; z: s, x5 x$ I/ uJohn, who has been reaping the benefits of his investment on a daily. `+ m: b' n6 u1 \6 n" ~/ u$ V" o
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 5 w' u% g# l+ ^: f; L7 q) o) v
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
3 G1 W. [6 S1 habout half gone. Jim, being sure that the" h7 d6 h% ]! @) a+ X
stock had hit rock-bottom, still was berating John for his frivolous
7 |$ p, r9 a, [purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
5 j, y6 U' k) ?/ }! ~6 ~worth!!".; u7 B# S8 i; t; N) ?- c
3 @ | x# O" ^! O, z- @* O! yWell, summer has come, and hard times at Nortel continue. ( ?& Q" e5 s: i' h4 p
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
I6 R2 t/ |* p: A5 s$ hthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the , m6 E" L# Q3 U1 v/ G
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone I2 |4 }8 W4 Q8 M" c
needs their friend's during rough times), and as luck would have8 m6 v$ f' n! v7 _
it, there were two bottles of John's beer left. John, being a good,
% z1 V: ]0 ^+ H* q8 T/ ccompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
- h. O2 ~1 e; p( k qthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I . S' V9 }: \8 L! M8 ]
got fifty bucks back out of it - you have nothing now.", he said.
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" q+ c$ I8 V( A' L* y0 B"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
- `& p" V9 n' V+ xadded as his other friend with
3 P) o$ N9 e, A$ P; M8 S8 q9 Xthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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Upon arrival at the beer store, they unloaded the empties, feeling a) x3 p$ v, u8 s
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 / Y4 x# h6 t2 h' \# O
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
5 ]& h3 ~5 s; b+ }he handed him the money. 0 o. o* [2 O, ?( {9 Y
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Jim was speechless. Poor guy. Can you imagine how you- i8 F4 C. W( h# z
would feel if you just discovered that over the course of the last year, your $1000 stock investment
: S6 B$ ~# `$ d7 gleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. / |9 o8 {' @, V( J( U
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I'll leave it up to the reader to come up with they're# g$ Q8 x2 `+ T2 W# O% @6 A/ O3 f8 H1 ]
own "moral to the story".
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- d, f5 V* D& m# KHave a nice day, and happy investing. |
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