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原帖由 如花 于 2006-10-23 13:23 发表& I% m0 U$ p& f h+ o& _/ a
如果是买了nortel呢?
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) [; {+ H! J6 u& KOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
! Z d L7 a6 u# d9 u9 Zfor Nortel Networks, where in the summer of $ S, g$ Y# o) k1 I. s6 Y
2000, there was LOTS of money around for bonuses).
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& x8 b% M3 w8 Z3 K- h& j4 hJim, being an intelligent, financially concientious person, put the& E- C- b0 O* J6 W
whole $1000 into Nortel Networks stock. With his $1000, and the
' ~: r1 S8 ?! I3 ]! Wtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the & `1 [$ z5 Q% L' f- ]' r' w
Nortel stock climb and climb, he
; r# w9 r0 _) k0 s) Dfelt very good about this investment, happy that he is preparing for the future.
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John, being a more care-free sort, did something slightly different
/ A3 m2 O! G9 h4 H8 G2 Nwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he " N0 F& ^2 y; U% G2 \
purchased 33 cases of beer. John also
+ D8 {2 n; G( t1 E. O$ G7 Ufelt very good about his investment: 33 cases x 24 = is 792 bottles
- X9 M+ [# R4 i7 K' Tof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
6 ]! m/ i$ c- [6 _' W' ]calculated that he could drink about 15
" m" I% h3 U# Q1 O- U* k' _bottles per week, and he wouldn't have to buy beer for a whole
a6 H- Y2 N' e/ Pyear.
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/ i1 Z2 i+ A& sJim, of course, was appalled by John's purchase, and berated him& N' I4 Q+ K) { `& @
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to % p1 o8 ?$ Q; P* B& h+ n& @ m
dwindle. "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
" ]! q* x3 M" X; Z5 P& n4 v+ r9 Vbasis, would reply, "Ya, it will. Hang in there buddy".9 G4 K( @1 U# I( r# [
; g. S3 q! t% N2 IMonths went by, and the value of the stock continued to fall, and there was the beginnings of a , @5 a1 r, a# d0 a8 | P
noticeable dent in the beer pile.6 ?$ M" Q" c' ?% o& B
9 q+ T; J9 |, iMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was , [6 u( v; P) C0 q n
about half gone. Jim, being sure that the
- H2 F/ j, p- B- qstock had hit rock-bottom, still was berating John for his frivolous
7 P5 s* ^( m: O3 x6 ~! p% Rpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be " W8 O: ?( A8 y& P, T: ]$ l
worth!!".* Q' a% E6 k! }* `# `8 W
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Well, summer has come, and hard times at Nortel continue. - R" ]2 [/ k: @; }
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
& Q# A7 T. h# q1 {& L7 @2 Z& [1 Cthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ( m$ M7 t( w9 W+ D8 m8 v: a. c
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone( ?( \3 V/ a* B0 d
needs their friend's during rough times), and as luck would have D$ R# O0 D( i. Z- ^
it, there were two bottles of John's beer left. John, being a good,
' Z& t- |# [) O! I/ R0 {0 {compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
- H+ k) l# l( fthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 6 W2 [+ V. X: a+ q& R \
got fifty bucks back out of it - you have nothing now.", he said.
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
3 v2 [5 T9 B) _) T! `" A* {added as his other friend with1 C: E" ~/ ]) \- B
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 a5 e4 u! ^# B: Y4 T( [. A6 Q8 u3 w
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
$ V+ S# C5 M5 |0 i( Gbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as( b& j! L, b. u
he handed him the money. , r2 t: I6 T) I _; y3 z- d% s
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Jim was speechless. Poor guy. Can you imagine how you+ d1 X4 p, O r' `
would feel if you just discovered that over the course of the last year, your $1000 stock investment ! ^( t" W- q, R, q0 h
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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1 B* k: T6 {4 ?/ S0 m! z* R9 _I'll leave it up to the reader to come up with they're& {& x) [2 n! ?9 e) a
own "moral to the story".: `4 ~# x8 A4 K! S+ I. R7 `
e. ?5 P/ B2 W
Have a nice day, and happy investing. |
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