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原帖由 如花 于 2006-10-23 13:23 发表7 Y# t2 A( r S
如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
+ ^6 W1 z1 t1 X$ x1 hfor Nortel Networks, where in the summer of 5 p/ A0 V* V) j7 |
2000, there was LOTS of money around for bonuses).
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. o/ b. v" x' H5 rJim, being an intelligent, financially concientious person, put the
; l# V2 A9 Q; I1 P9 \" lwhole $1000 into Nortel Networks stock. With his $1000, and the
5 d t) ~7 n4 e4 l2 `transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
S" O! K) c1 NNortel stock climb and climb, he j4 b$ d; ]) c9 Y! r, H
felt very good about this investment, happy that he is preparing for the future.( A8 C8 H' @* v. Y
- A7 |- Z; s) g3 F5 g( h# GJohn, being a more care-free sort, did something slightly different
% s* V- s' C5 O) m, Y% zwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
1 m4 ]0 N3 [- Cpurchased 33 cases of beer. John also
7 W+ v+ Z& E% O7 j; wfelt very good about his investment: 33 cases x 24 = is 792 bottles: r& L$ A; T+ t, Z
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
# V8 i5 Z, F+ }; y2 R6 z% I" Acalculated that he could drink about 15
( V) K( b0 W! Fbottles per week, and he wouldn't have to buy beer for a whole* ]. n/ P" R# }" i
year.
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Jim, of course, was appalled by John's purchase, and berated him" v c/ C0 l$ F
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
& K' Y1 F. V4 [# g! ]; rdwindle. "It'll go back up", he'd say to John.
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John, who has been reaping the benefits of his investment on a daily
; a* i Y% [3 C9 o; ybasis, would reply, "Ya, it will. Hang in there buddy".+ G1 C# t/ b$ Y$ i. Q8 N
! h1 m* S& R3 M& C/ w/ _( UMonths went by, and the value of the stock continued to fall, and there was the beginnings of a / g- I& k- g7 ]) d, [, ~# f1 A
noticeable dent in the beer pile.0 ~' `& w3 f2 X8 G: L P' ~! z
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
4 L0 A- H }/ n6 ^5 M4 habout half gone. Jim, being sure that the
( S% N/ h3 P! ]# fstock had hit rock-bottom, still was berating John for his frivolous
0 w+ Q$ m- g! o- tpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be ; t/ n: S/ ?& s
worth!!".
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/ E! l* E' |! q6 f" TWell, summer has come, and hard times at Nortel continue. ) b/ O3 }6 Z2 n" o/ @
Bad news: Both John and Jim have been affected by the layoffs.+ Z" k6 x* ?+ H8 N
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Last week, in order to raise some cash to help through
3 c* w: `- G+ Q+ U% [# bthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
% X0 Q( {( R, V. f# B' d$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
; _4 q: g+ H0 x* p2 Y( K7 qneeds their friend's during rough times), and as luck would have+ h1 {1 d2 D: c: E2 u2 c6 {
it, there were two bottles of John's beer left. John, being a good,
+ \9 Y' \) J" a a. rcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 6 _9 p8 |$ }$ H1 O* J
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
% f2 H9 n9 l9 V2 W3 J- i7 ygot fifty bucks back out of it - you have nothing now.", he said.
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- L5 ]* e# r# [5 f7 N/ U% }: p"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
1 W% f& A/ x c; k/ dadded as his other friend with' z, v+ j3 A9 O4 T- s
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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Upon arrival at the beer store, they unloaded the empties, feeling a
0 X$ q9 _0 \. N$ U# t& flittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 1 S; W' x- l6 o, a! x
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
$ c2 Q, g' i" E/ a4 Qhe handed him the money.
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9 I" W. x' K5 `8 b) H$ sJim was speechless. Poor guy. Can you imagine how you
3 D0 y$ c0 N) G7 uwould feel if you just discovered that over the course of the last year, your $1000 stock investment 7 P8 _% m& [7 b m
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
$ E9 m1 V8 D9 a+ l$ Q+ r2 kown "moral to the story".
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8 }3 W* r M& @# b9 P( V9 K( d5 uHave a nice day, and happy investing. |
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