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原帖由 如花 于 2006-10-23 13:23 发表 ^3 a5 y5 h/ {2 v
如果是买了nortel呢? 4 P6 O1 m& J) y2 O5 K5 b8 i# U
6 |8 g6 j/ `7 Z* U x) D7 E2 ROn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
! B( f. i2 Z% e% ^- u s, o' Z2 Lfor Nortel Networks, where in the summer of
6 ]) W$ B+ F/ X2000, there was LOTS of money around for bonuses). # e. G( S7 V1 x5 P4 d. e1 B3 z; u+ r
1 R2 E8 R% E" CJim, being an intelligent, financially concientious person, put the2 W9 F4 A/ }! I
whole $1000 into Nortel Networks stock. With his $1000, and the
& a; A- w d9 X) s8 Q- E& ftransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ; E5 t. @' k2 J
Nortel stock climb and climb, he/ F! a& d+ j, e( d: ?
felt very good about this investment, happy that he is preparing for the future.5 _# ?& r1 i7 Q+ e( j. p! v
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John, being a more care-free sort, did something slightly different . c3 w u# B2 z# @' f8 E
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he : ]2 @5 ?5 C1 @- k+ {/ o
purchased 33 cases of beer. John also! ]# ~- O1 l7 s# [* S9 `/ t! \
felt very good about his investment: 33 cases x 24 = is 792 bottles& \6 k; g$ b0 L/ F/ \, i; g2 C$ J- a
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, , e v8 v0 B# T. P% F& E7 E- M
calculated that he could drink about 15 % s a; i. l% ~# f+ |3 ^
bottles per week, and he wouldn't have to buy beer for a whole
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Jim, of course, was appalled by John's purchase, and berated him5 A2 p+ w6 e6 s4 x: ^
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
6 r: s- \$ h! O0 C9 f/ g- pdwindle. "It'll go back up", he'd say to John.* f7 \2 W! }: X8 F. B
# [! o4 n" h: I# pJohn, who has been reaping the benefits of his investment on a daily2 u9 e# P7 R8 ?# H; F' G A
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 w4 E7 l: u. [( X: V) 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
) n; U8 b7 l1 c$ T8 oabout half gone. Jim, being sure that the v, m# V' i! P" |/ e; }& r
stock had hit rock-bottom, still was berating John for his frivolous
2 D2 d. b+ l# h2 S8 ]& i Ypurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
; r9 a. w9 o0 ~/ E. U b- qworth!!".: I& Y7 m3 [8 b1 y: _6 H
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Well, summer has come, and hard times at Nortel continue.
$ h1 f# r. l1 }1 d$ z7 rBad news: Both John and Jim have been affected by the layoffs.& Q& _/ e7 w D) C
. }( a2 o; z1 W( {) uLast week, in order to raise some cash to help through5 \- ]+ N) x: P9 p) C; N7 ~" Z, P; w
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
+ V5 L3 {4 t8 Z$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone' [: j5 A7 @3 \% A0 `8 b% @0 k* ~
needs their friend's during rough times), and as luck would have3 L0 Z9 S) u. v2 j- K* \9 t
it, there were two bottles of John's beer left. John, being a good,+ j6 W! z8 \0 g4 w8 ~" x, k
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 8 V2 c9 O7 y- l$ i! T/ N: O1 ^
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 2 E) D; |, @3 f- n
got fifty bucks back out of it - you have nothing now.", he said. 9 b; \+ |- s1 R" }& Q
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
; u1 S9 ?: Z4 }0 [added as his other friend with
1 d. {/ e, F# E5 E2 ^" V) tthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.% z3 B9 T; {2 y1 g2 @& A: I
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Upon arrival at the beer store, they unloaded the empties, feeling a6 a3 t% y0 S. @3 E; C5 m
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
' o j8 e2 R, x; l: t: k" U; B" ]bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
* X# {4 j& `. j7 K% x! fhe handed him the money. + H- R5 \* e# F4 d
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Jim was speechless. Poor guy. Can you imagine how you/ _" |& h- F- r" G
would feel if you just discovered that over the course of the last year, your $1000 stock investment
5 I; f" ~: T. v2 ]% |2 Wleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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: D7 P5 W U/ r( R" jI'll leave it up to the reader to come up with they're
" C6 }+ I5 f1 l vown "moral to the story".
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Have a nice day, and happy investing. |
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