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原帖由 如花 于 2006-10-23 13:23 发表
4 |2 T" A b6 s如果是买了nortel呢?
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" x# P! K3 |! N: fOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
) K) O- B" c' G; \7 [( b7 @for Nortel Networks, where in the summer of ! x+ s, m3 m1 l+ u9 P3 S! V
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the/ n# h; g4 [7 h
whole $1000 into Nortel Networks stock. With his $1000, and the- g" t$ e8 Q! |" F+ D/ v( x7 `
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the , j0 p2 e# Y6 o/ J% V5 @
Nortel stock climb and climb, he
, @# p: x/ v, j4 u9 t: D" kfelt very good about this investment, happy that he is preparing for the future.
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) W0 m$ e; E5 O! w" e( W3 @& _( `John, being a more care-free sort, did something slightly different
% F" `9 z3 t3 i n3 R) gwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
$ K5 V$ b5 r! g" m# j' w3 Npurchased 33 cases of beer. John also
+ A* w9 e% @$ [felt very good about his investment: 33 cases x 24 = is 792 bottles2 N$ E, f% m* M) v, T8 ?
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, % Z: Q# C; x/ f1 r* i# m
calculated that he could drink about 15 4 C3 H0 T. O5 u1 d
bottles per week, and he wouldn't have to buy beer for a whole
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+ {1 t! |8 T! ?$ Y, ?Jim, of course, was appalled by John's purchase, and berated him
# h- Y. \- y. I2 r+ _constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to % q$ g! N& p/ t
dwindle. "It'll go back up", he'd say to John.* L0 H5 V& ]/ [5 M
6 p: A; o) c% J5 V& p( EJohn, who has been reaping the benefits of his investment on a daily( l' `! k' w5 I5 V& v7 J* ^9 U$ i
basis, would reply, "Ya, it will. Hang in there buddy".. E* Z) I5 P- K+ h
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
- \& {! ~. {* m( Vnoticeable 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 I# f9 Y% |$ i8 i5 I0 O
about half gone. Jim, being sure that the7 r. U: B7 m, T5 d/ I0 R) A
stock had hit rock-bottom, still was berating John for his frivolous
) L3 b' t/ v, y# e: Y3 q+ lpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be : R; Q1 z( O2 h% X. [5 r
worth!!".9 I% ]% I2 S |. \# X' c t# i# H) ^2 K- S
( u4 Y+ ?" @- g0 }3 `6 RWell, summer has come, and hard times at Nortel continue.
) @ V2 ~# `: F" ~7 Y& ~6 j8 RBad news: Both John and Jim have been affected by the layoffs.
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. Z7 @, c* t/ ~7 w0 f% j. q- eLast week, in order to raise some cash to help through& \ j+ K. H+ z% F5 X2 e4 G8 S
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ) {) i7 H5 l5 _( S0 _
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone/ s( r& H H/ H! N, R
needs their friend's during rough times), and as luck would have
6 i( s) D& k* eit, there were two bottles of John's beer left. John, being a good,4 |+ X6 e% t) h5 r, P
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 3 F5 ]/ m! O+ {2 l' Q' n' m# ]
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I / }. J# z6 T: G* R- O( G
got fifty bucks back out of it - you have nothing now.", he said. 6 e1 w6 [5 _+ q f
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
4 f$ R: T% }5 Y$ r9 N. Y- Wadded as his other friend with
4 G( Q" O& J4 c# @$ z7 Dthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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; F& n/ O+ {- ^Upon arrival at the beer store, they unloaded the empties, feeling a
! V& E4 [. Z- u' {. T4 mlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 : `. Y6 |9 |% C" z
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
& e$ O# M g6 o+ q# `9 N( lhe handed him the money. 2 T7 ? W; v0 t6 w/ ]
3 Z5 M o: M$ P* D7 j/ `2 RJim was speechless. Poor guy. Can you imagine how you
) Y* X7 U6 P5 z; z( t cwould feel if you just discovered that over the course of the last year, your $1000 stock investment + t3 x1 B& v) K# w( v" C
left 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 S# l& ?# ?5 v5 t, i
own "moral to the story".
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4 S ^& o7 ?& u! j5 j( m5 rHave a nice day, and happy investing. |
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