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原帖由 如花 于 2006-10-23 13:23 发表$ T ]5 \3 M G" B+ u* G2 [
如果是买了nortel呢? 0 k; c8 X; V* W
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 8 |# g) |3 A2 h8 f" R( {
for Nortel Networks, where in the summer of 7 `1 }( N3 S; v; B: o* n6 n
2000, there was LOTS of money around for bonuses). : ]7 I0 r+ _9 C* @# y. d
+ z2 _2 ~# O1 |% FJim, being an intelligent, financially concientious person, put the+ a7 ?; A1 { n
whole $1000 into Nortel Networks stock. With his $1000, and the8 ]+ T1 [5 U! _6 ^3 I
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the / t; |% F* V# W
Nortel stock climb and climb, he8 _ Y( w% z2 {6 q/ d1 H
felt very good about this investment, happy that he is preparing for the future.( W: W( q; W4 E9 `
$ \( X( C& j; XJohn, being a more care-free sort, did something slightly different + U F& s3 o/ f# i* W4 Z
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
( D P5 t2 r& I% A; N6 gpurchased 33 cases of beer. John also
# T2 l) h& Y% ^felt very good about his investment: 33 cases x 24 = is 792 bottles
( N8 c9 x0 E6 V: C# O1 c# \of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, / }! e+ [% B2 Q9 S, z
calculated that he could drink about 15 - W! c2 c# H- I" Z5 n `
bottles per week, and he wouldn't have to buy beer for a whole
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Jim, of course, was appalled by John's purchase, and berated him
3 z* [; [% `' m+ b1 S2 M. E$ qconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
* a5 H/ N6 w5 d# C: Tdwindle. "It'll go back up", he'd say to John.8 y3 o' T) h. [, [$ \
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John, who has been reaping the benefits of his investment on a daily* P4 X: |. H( ~# X' C$ ?
basis, would reply, "Ya, it will. Hang in there buddy".2 H6 c" s6 Y4 k, v, M
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a - y1 w# H; t+ }8 l. R3 _9 z% @% K
noticeable dent in the beer pile.
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2 e) e9 u& E p, t7 |Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
" C) m1 L5 b# a: U* O4 O* F' babout half gone. Jim, being sure that the6 x" Y! R7 x+ m, I
stock had hit rock-bottom, still was berating John for his frivolous
: X m4 D: i' M/ F9 _purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
" {, r! U2 i- ~4 \6 s+ z1 P2 Rworth!!".
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Well, summer has come, and hard times at Nortel continue.
: G8 A# w. D2 `9 ^& [0 i6 ]Bad news: Both John and Jim have been affected by the layoffs.- X- F2 g* Z4 d1 L; w- F
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Last week, in order to raise some cash to help through
6 Y9 z1 f1 {2 j% g- M& ethe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the , @' e5 y& Q% t* B, k
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
/ h" e L- f% gneeds their friend's during rough times), and as luck would have1 e" z# n$ X6 Y1 b5 L% C
it, there were two bottles of John's beer left. John, being a good,
' |: c5 K' u: qcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
# c$ K. z9 }& K% l# @- vthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I # e% E5 G" y3 _0 K# H
got fifty bucks back out of it - you have nothing now.", he said. ) _1 l8 `9 D: N' _9 p
8 z( e3 E9 V: D"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
- f& h' N2 h8 a% `3 M$ t5 d$ y; jadded as his other friend with2 o) b; H7 ^: {: C& G7 q2 H
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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9 @* s( C' V6 T# L N: `Upon arrival at the beer store, they unloaded the empties, feeling a; _6 w* C5 G# ^$ g7 ]& n' V& E
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 + f7 U7 H$ G5 x
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
! \8 L" l6 m' L4 Y% f# Bhe handed him the money. 2 C9 d; H) h" O5 O8 O" |" C
) Z; i- ]! D3 C KJim was speechless. Poor guy. Can you imagine how you
n4 @+ \. v( V, Q- D3 y, _1 Vwould feel if you just discovered that over the course of the last year, your $1000 stock investment 6 \8 y7 ^: @) s$ [1 y- G
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 1 L% E4 [- {$ P0 B2 x5 y
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I'll leave it up to the reader to come up with they're
; ]* J( m y4 F+ N5 N# \+ Hown "moral to the story".' V: I) i/ D; ^
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Have a nice day, and happy investing. |
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