 鲜花( 0)  鸡蛋( 0)
|
原帖由 如花 于 2006-10-23 13:23 发表
$ r0 _+ P9 ~5 d" m5 q5 Y如果是买了nortel呢? # ]3 o1 k6 y! t0 K, b+ e( @
* H, H0 E& @7 C1 W, p
On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
4 n/ y# E& L4 j1 l9 ?! s! H7 e" qfor Nortel Networks, where in the summer of
" q4 G% X$ w5 u* I1 m1 O% Y2000, there was LOTS of money around for bonuses). 1 h! i5 o. p6 K; u
& T: ^. w( Y. s2 x& k. X- N$ [Jim, being an intelligent, financially concientious person, put the5 U" ?/ w1 o& ~, H# M6 Y$ I: \6 y/ a
whole $1000 into Nortel Networks stock. With his $1000, and the
9 V1 [, }$ F ?1 Ttransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the M1 ^& z) x) `% C7 v( r
Nortel stock climb and climb, he0 ?6 i8 O. P% w- U! V/ k8 \: s8 \
felt very good about this investment, happy that he is preparing for the future.
- ]3 ?: ~* X# k, {4 @6 q1 {; N/ s5 C* [0 I
John, being a more care-free sort, did something slightly different 0 ~% T: B1 v6 m( O
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
3 j. V! z$ N5 \9 a( s6 k- Jpurchased 33 cases of beer. John also
4 L i# L, ^% Q) H& G4 ^3 bfelt very good about his investment: 33 cases x 24 = is 792 bottles8 P. v* e; r' V. B5 D
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
q5 \) F# k: d" ~calculated that he could drink about 15 5 T! X$ p6 [" n$ P) N$ c
bottles per week, and he wouldn't have to buy beer for a whole
/ s* E* v8 o' C& }) x3 syear.) x+ Q9 D7 E, s9 e r) X
" r9 F7 e& q- D7 `9 M% j2 o! K
Jim, of course, was appalled by John's purchase, and berated him/ x3 R! H: ]* {3 P
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to % n% d9 w& K5 y O
dwindle. "It'll go back up", he'd say to John.
, O0 j5 _! P7 `! ~9 h( J- P
0 Y/ N8 [ {! L0 NJohn, who has been reaping the benefits of his investment on a daily* n8 q1 e# G5 }7 h' z2 m
basis, would reply, "Ya, it will. Hang in there buddy".
' d4 y/ X4 V8 B& o8 g" V) h& \+ a! j6 O& {. `9 P
Months went by, and the value of the stock continued to fall, and there was the beginnings of a
+ A' ?: M+ @) H/ ^1 pnoticeable dent in the beer pile. @9 t7 f2 O: F3 q; G
; J8 l* E7 Q- K5 p7 p5 b8 O
Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
* ?; _5 w' f% S( E; D/ D- Uabout half gone. Jim, being sure that the
, a9 F! q% @/ hstock had hit rock-bottom, still was berating John for his frivolous, b) ~) c; z, Y. }6 W
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 4 d/ g5 I3 h% L2 F
worth!!".& _: ^: I+ I! v1 b/ f% r# S( v
/ g2 r( x; O+ D5 j! E# L) {, b; p) p4 F
Well, summer has come, and hard times at Nortel continue.
# `) u* A2 c2 yBad news: Both John and Jim have been affected by the layoffs.4 X. P& Y, h2 ~. r" {
, d0 B* b# r$ A* i* Z, ?9 w
Last week, in order to raise some cash to help through
: ?! f6 |6 _2 X( Qthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
& F. |( o& v$ ^ x7 y+ Y$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
3 i- z8 @! }' |7 Qneeds their friend's during rough times), and as luck would have# @$ E- C1 J6 X. O0 |" m
it, there were two bottles of John's beer left. John, being a good,8 B9 j; `8 r2 R. U2 |/ [
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
$ \0 h; n8 |' a# zthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 8 c& R2 M! Y4 L( n9 d6 \
got fifty bucks back out of it - you have nothing now.", he said.
0 L' C* q6 z* J# i9 S) H" E% R9 h/ C/ t7 I5 M$ z
"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he * l! [' V5 A: M/ x
added as his other friend with5 d0 F" h. T. }3 c, o' F' Q
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
) ?# c. |9 \! @+ d o* ~7 j/ b. y3 s
Upon arrival at the beer store, they unloaded the empties, feeling a3 p7 F+ h. G+ h) ]; ~
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 2 } m8 g1 x( r1 b+ q. Q, H
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as f; T. E( F" O7 h* ]) f) j
he handed him the money.
4 L) U6 F- Q9 q+ p$ @7 l4 V: G) S" [9 Y
Jim was speechless. Poor guy. Can you imagine how you) U; j% l3 v( `8 x5 P
would feel if you just discovered that over the course of the last year, your $1000 stock investment
0 d/ y% b. e) W* Z; o5 R, Y% gleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
9 |1 X; d- t2 }
# b8 `8 _( F1 r* {" V# gI'll leave it up to the reader to come up with they're, O8 j9 a+ ]8 t3 a( X) m$ L3 F1 R3 m
own "moral to the story".
3 a, }. F* ^0 D' U- z+ y1 K7 Z
. o( V; \9 y0 b( D) \3 _( \Have a nice day, and happy investing. |
|