 鲜花( 0)  鸡蛋( 0)
|
原帖由 如花 于 2006-10-23 13:23 发表$ |4 A4 R3 |! n0 W7 M* C
如果是买了nortel呢?
8 U. s9 D2 k/ `- D& o- L% ~- t# W7 }2 K- P9 I A# C5 t2 L# [
On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
' K% `9 o6 ^8 T9 U7 S0 Ifor Nortel Networks, where in the summer of
0 i; Q0 f5 F6 p2000, there was LOTS of money around for bonuses).
2 f. l2 [* {: K) D) ^! N; ~" i8 ^8 Q+ a! G
Jim, being an intelligent, financially concientious person, put the
6 a( V# t3 J/ E( T3 {0 z# Z# lwhole $1000 into Nortel Networks stock. With his $1000, and the
5 _) X; _( Q1 [* P' j/ e+ qtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 3 j" P/ A; `8 N1 Z2 l* ^
Nortel stock climb and climb, he4 W4 E3 Q) a8 p2 D4 `2 L' _$ Q
felt very good about this investment, happy that he is preparing for the future.
3 ?% o3 Q1 b9 X) [) M* p8 D* V7 F* Y. J! _
John, being a more care-free sort, did something slightly different . j$ D: [+ ?0 I
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
* c5 V' W3 H9 L2 J j: A' qpurchased 33 cases of beer. John also
- V6 }8 D4 b7 [felt very good about his investment: 33 cases x 24 = is 792 bottles+ V# k6 E9 ~+ ^( \% k! k3 j
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, * M) Z9 w! V% l. q1 N
calculated that he could drink about 15 + } @6 Y$ e) Q2 j5 ?6 V5 I4 g
bottles per week, and he wouldn't have to buy beer for a whole, i2 t9 p+ f# Q' A
year.2 ?8 _# x- @9 w/ E) d1 s
0 y) L/ w6 G4 p" H
Jim, of course, was appalled by John's purchase, and berated him% u: \& u5 h( O: |6 V+ p! `
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
: N8 r7 h0 h" I: D4 W, v( bdwindle. "It'll go back up", he'd say to John.
. P, v% [6 @2 h1 n f1 C- O+ S* Q- s6 C
John, who has been reaping the benefits of his investment on a daily" c, b9 y1 S8 N" |2 X1 n
basis, would reply, "Ya, it will. Hang in there buddy".
$ [4 M7 }9 F! A" m. n+ @' Q$ y8 Y, t9 D, L5 K7 ~
Months went by, and the value of the stock continued to fall, and there was the beginnings of a
8 W; P9 u8 f- y8 O5 U$ V! Q) U8 J, s7 Anoticeable dent in the beer pile.1 V p9 P, f7 N8 z; a
1 c* H1 F8 t4 u, _2 TMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
' _* Z& S: ~ O0 Rabout half gone. Jim, being sure that the( c3 I3 }" H. _; E
stock had hit rock-bottom, still was berating John for his frivolous
5 S( j; s% O! Ppurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be $ j/ f7 F j- P! ]# o: f9 h' Y) s
worth!!".
- L! v# m. k+ G. i0 T1 @" ?! ^8 Q8 O v# o
Well, summer has come, and hard times at Nortel continue. / W5 X- z( G" i" Y& I6 t9 |/ j
Bad news: Both John and Jim have been affected by the layoffs.8 U; F9 g: j, `1 h/ F
( c. ~9 R' G2 I" N3 n6 r" |
Last week, in order to raise some cash to help through3 e2 g% |4 ^5 _5 m5 T$ P& l* W
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
9 o# `+ R+ ~- u$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
& v2 ?9 }! x( P1 P/ Tneeds their friend's during rough times), and as luck would have: v4 m+ w. m0 A1 a
it, there were two bottles of John's beer left. John, being a good,$ l" n# }& v$ \# w* n* @
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
7 H' I( l3 c3 D' J* }1 j; _+ Rthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
B C% i" I5 R& o2 }got fifty bucks back out of it - you have nothing now.", he said.
! [. I0 @7 e4 t
9 }6 D1 I1 [" T9 z' Y+ ^, h7 j, ]"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ?/ i6 R/ P0 d( [/ f# K- R
added as his other friend with
8 Z9 {* z/ X( A6 F. i6 Q3 Jthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
) w. D( C0 o- N1 j3 C3 h
' G, ^+ i O4 m! @# b/ B8 @/ LUpon arrival at the beer store, they unloaded the empties, feeling a9 o* N1 s* R8 [$ \+ I& O
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
2 ~2 q$ h- \0 W$ O& g2 Wbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
- @) X6 x, u% n3 ]3 U7 i* D, She handed him the money. ( P6 c' s8 Q1 P" n, @
0 X# T% o/ C3 y" F n3 s6 D. X' n
Jim was speechless. Poor guy. Can you imagine how you9 y' o b# k- ~3 c! x
would feel if you just discovered that over the course of the last year, your $1000 stock investment
+ J4 }. l" s q7 Oleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. ! l! D! u! _+ z- r
5 \" o( B$ [! F+ y& K, d
I'll leave it up to the reader to come up with they're$ H# J" w( g7 x
own "moral to the story"./ C9 K5 L, P2 I! w, J
1 j: z7 O/ D) S' Y3 {* R: ^
Have a nice day, and happy investing. |
|