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原帖由 如花 于 2006-10-23 13:23 发表
( |4 Z; W: Z9 z! M) c如果是买了nortel呢?
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2 l: Q" c1 F# n' X1 UOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work , e4 b. b |; F2 s4 S
for Nortel Networks, where in the summer of - W9 k6 u: ~, `3 Q
2000, there was LOTS of money around for bonuses). 4 I0 i( y, e1 d! G# ^
$ S) E& D- R0 y( ~: v& _' E; FJim, being an intelligent, financially concientious person, put the# \' w1 d$ G* f: M9 J: t. B
whole $1000 into Nortel Networks stock. With his $1000, and the8 T% k5 y2 O! a9 D; p
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
4 u+ e$ n! _: V% |Nortel stock climb and climb, he4 I( N4 S) S. }
felt very good about this investment, happy that he is preparing for the future. L0 A6 D2 R! L
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John, being a more care-free sort, did something slightly different
. X5 A4 ]: j2 N3 @with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
* `2 z- H, t% h! t$ F* _7 Ipurchased 33 cases of beer. John also
8 s5 E. M( H9 x+ n; Q6 L [* Sfelt very good about his investment: 33 cases x 24 = is 792 bottles8 D+ k* p+ P& c; n" C
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, " R& S* z$ h& u% ^1 e8 U
calculated that he could drink about 15
1 ]# J7 x c% J* F* ibottles per week, and he wouldn't have to buy beer for a whole
* Y: L( D2 P% |+ nyear.
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T+ M" ?) k" c( eJim, of course, was appalled by John's purchase, and berated him# q J4 H7 G. M" ?# n1 C9 d/ }
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to * f, p+ L4 V: u# W
dwindle. "It'll go back up", he'd say to John.& _1 d$ W% s$ n
7 I9 l% w9 Y7 fJohn, who has been reaping the benefits of his investment on a daily
1 _: P! v6 h. p7 P% ~# q. dbasis, would reply, "Ya, it will. Hang in there buddy".! h& v/ y' E- D/ _5 G
e: x, y5 @" c7 R4 sMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
+ Y4 T: f0 m/ ?: \3 u; P; xnoticeable 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
& J5 V' J2 X' V4 Eabout half gone. Jim, being sure that the
+ _0 M% E% d5 K, J: istock had hit rock-bottom, still was berating John for his frivolous) u' ?2 `4 R; X# n8 u. d
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be . U0 ]$ l d5 i$ J2 V @
worth!!".
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Well, summer has come, and hard times at Nortel continue.
d7 [- F7 m( E9 W" M; Y& oBad news: Both John and Jim have been affected by the layoffs.( s4 x8 A {1 }
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Last week, in order to raise some cash to help through. Y: v: H. K2 Z2 l: [$ p
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the $ S" b0 v) q' D3 [0 E2 k- l w' d
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
& Q; l5 g$ S& [% qneeds their friend's during rough times), and as luck would have
+ o+ t- K' o/ U' Xit, there were two bottles of John's beer left. John, being a good,
9 ?6 p3 B* K& x8 f8 |compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated " Q/ ], @; s, B/ `* R6 x4 A/ G
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I . W- C" F* t4 ~- x* x' g: t% O0 @2 q
got fifty bucks back out of it - you have nothing now.", he said. - s. @8 C& z5 T/ ^1 X$ v6 t
* H$ _# h2 k6 t0 H% ^4 F4 u"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he 1 I* m6 B+ x& z, N0 f9 L
added as his other friend with
2 ]; F8 q, L0 @the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store./ G! P9 ^4 d! j+ j) z( }
7 ^+ i% i4 k B, g, U8 Z) V, M4 HUpon arrival at the beer store, they unloaded the empties, feeling a
- i* H7 ?' y# G2 S, plittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 7 e5 X7 ~* z5 M) ~
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as3 v' u3 B& y$ a/ W4 M2 X% k9 y$ @
he handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you9 y. Y9 z) n( t0 b+ M
would feel if you just discovered that over the course of the last year, your $1000 stock investment
( }; v" @+ g. U8 B$ W! pleft 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
- o; o- ^0 X! Aown "moral to the story". L; z: R% M6 O( O! K
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Have a nice day, and happy investing. |
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