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原帖由 如花 于 2006-10-23 13:23 发表0 n6 o1 l# I& |" R
如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
q4 ~# B5 W7 M& g" Q6 Afor Nortel Networks, where in the summer of # Z. R$ D9 z! H2 M% t1 N. ^1 P E' y
2000, there was LOTS of money around for bonuses). 1 l3 ]9 Y( N5 R/ N
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Jim, being an intelligent, financially concientious person, put the
, C7 u/ G; C# n- }, ^whole $1000 into Nortel Networks stock. With his $1000, and the
& F. x) @; c( F7 P; R7 d8 k. m( [transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
! t) }: c& P) t( |- U6 wNortel stock climb and climb, he
! L! M' U8 f3 _8 z. ~+ D% hfelt very good about this investment, happy that he is preparing for the future.
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' F9 f& _$ O2 u! n2 S& rJohn, being a more care-free sort, did something slightly different # A6 r/ R; C& L) t r1 `- U+ Y6 l- q# `
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 7 q2 n( r- d; B3 {
purchased 33 cases of beer. John also
0 i5 t5 z( Q# l8 v ?9 Cfelt very good about his investment: 33 cases x 24 = is 792 bottles( u y8 |6 k* `5 f! Z' ~) u
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
4 A2 u$ }6 n! s4 K% S0 Q0 q+ ]; Wcalculated that he could drink about 15 * f8 ^5 l" ?: e, Z- s4 ?
bottles per week, and he wouldn't have to buy beer for a whole# X7 H5 B% z; E, |, t- s# k+ k
year.7 c1 f4 v5 a) P& \
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Jim, of course, was appalled by John's purchase, and berated him
( I& J3 g7 u5 cconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 2 f. I1 H" M" e5 e
dwindle. "It'll go back up", he'd say to John.( ~; A$ f0 E3 b6 {' P L
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John, who has been reaping the benefits of his investment on a daily
- k8 V- x: [( ?' A3 o! kbasis, would reply, "Ya, it will. Hang in there buddy".1 t) f0 ?8 |% Z g; _+ Z6 c
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a 4 C( ^- c; O# M$ K1 \+ C. w
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
. @9 C9 _% `6 g$ b( Y( xabout half gone. Jim, being sure that the# u' Q. ]! u0 j$ S- p4 h
stock had hit rock-bottom, still was berating John for his frivolous7 q4 h6 H( ~: i: [/ u! h n
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 9 R0 y$ I# [' s! G& l( {
worth!!".$ s. p j4 m r9 d' p4 u) K/ j/ M0 W
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Well, summer has come, and hard times at Nortel continue. $ t8 W1 P( Q0 O2 `/ |
Bad news: Both John and Jim have been affected by the layoffs.
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Last week, in order to raise some cash to help through
2 K. Z8 U: }, E- W$ i9 {the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the / h. P1 G! F6 |/ i
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone' g! z' j( Q) D6 I
needs their friend's during rough times), and as luck would have* \# h7 ]8 T* l' ~' x1 O
it, there were two bottles of John's beer left. John, being a good,
0 T6 U0 ?# M" x0 Ocompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
0 |: n p8 r( Lthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I . T! H/ f$ d/ C* N
got fifty bucks back out of it - you have nothing now.", he said. : `" n( `7 |$ R5 Q3 D
& _- f+ u9 i8 R4 _"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ! _0 Z E n6 |# D9 M
added as his other friend with
4 _5 {$ O, z* W( e9 |* Wthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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& ^3 X+ f" m0 X6 uUpon arrival at the beer store, they unloaded the empties, feeling a
, o: U7 ?0 P+ d" [6 M$ ilittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
`2 Y6 r9 f+ U: c) \bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as% y( ~$ P- {+ {: |6 w* [
he handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you8 x4 X" X8 w. Q8 e0 S+ p
would feel if you just discovered that over the course of the last year, your $1000 stock investment # }' e& A/ A: V# ^) s' n* E' q/ h
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're
) ]/ }; I- w$ Yown "moral to the story".
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1 p, P/ j: L2 nHave a nice day, and happy investing. |
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