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原帖由 如花 于 2006-10-23 13:23 发表3 M! z/ n' v7 C- d
如果是买了nortel呢?
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0 z7 ?7 K7 ^4 ?3 L- LOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work " @3 c7 T& t9 J/ _ j2 k- f
for Nortel Networks, where in the summer of 0 Y4 S( d; }0 j
2000, there was LOTS of money around for bonuses). 6 z- G5 O7 n0 i' p
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Jim, being an intelligent, financially concientious person, put the3 `* j0 ]! V" l4 Y, s# w
whole $1000 into Nortel Networks stock. With his $1000, and the
* F4 Q$ M4 T/ S1 a$ G6 j, Ptransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the - C6 |# S/ m' q4 y$ c/ k
Nortel stock climb and climb, he0 ^8 @. w/ ?5 Y
felt 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
6 J' E; p& T! \8 }4 \% U6 kwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he f5 a2 y) c1 Z! u
purchased 33 cases of beer. John also2 z! _' X2 \" x) O. f
felt very good about his investment: 33 cases x 24 = is 792 bottles
! U5 [. ?; Q" G: n$ \, U. g- c$ fof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, / z" h8 m& g7 j' n' b* T
calculated that he could drink about 15
2 s% V" E, Z1 f* `8 w0 \0 Ebottles per week, and he wouldn't have to buy beer for a whole) b. q2 B: F. P/ b. ?
year.
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Jim, of course, was appalled by John's purchase, and berated him
( F4 ~; ?% a5 |3 d! E' vconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to / C. o2 H; L( x6 O. P
dwindle. "It'll go back up", he'd say to John.0 T" v& k) X5 J+ @
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John, who has been reaping the benefits of his investment on a daily
, e' {. o( c9 t* Z; a: s Mbasis, would reply, "Ya, it will. Hang in there buddy".# M, B4 K3 L: ^. M, t, b1 L! b8 J
+ |6 F) X0 ], h6 }% b. AMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
3 d+ j W& V. H* Unoticeable dent in the beer pile.# `& L+ T/ [7 @/ s; Z1 @
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was 7 }6 a) P2 q+ E4 p7 ~% {
about half gone. Jim, being sure that the' e! w; P5 N9 Q7 K! A/ f
stock had hit rock-bottom, still was berating John for his frivolous" \+ T" i! N5 l! [" I; c& z
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 2 ^* [! x F% f: ^, Q
worth!!".
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Well, summer has come, and hard times at Nortel continue.
# ?! R& ]9 e8 X/ eBad news: Both John and Jim have been affected by the layoffs.
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& }0 {; w% V: f+ @5 O) w+ n8 jLast week, in order to raise some cash to help through' t) m" M, P7 S. i
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
g& @ [; v5 n) l2 o$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
+ ]5 b* o$ O9 S5 Y7 gneeds their friend's during rough times), and as luck would have! u' T: Q: x) s
it, there were two bottles of John's beer left. John, being a good,) @. B* X+ D9 U- [' |- l0 ]( z9 K5 ]$ K
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated ! j1 @+ Q1 \ H5 B3 G3 o' s3 N
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 6 e0 _3 z+ I8 e: q. I# [- n: J( w
got fifty bucks back out of it - you have nothing now.", he said.
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2 |8 F$ K8 S8 h; L% P* ?2 G' G"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ' g6 {% ~, a2 `
added as his other friend with
3 y; `3 O9 _9 l7 O0 Wthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.7 U! j# }: x" b% ^% |) [
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Upon arrival at the beer store, they unloaded the empties, feeling a F. [1 o: Y3 I+ C
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
5 m4 M6 q% R. i' v( Obottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
, D- N. C _6 q$ R, m* C2 E2 ihe handed him the money. 3 E: a! n9 Z X/ X) w% x
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Jim was speechless. Poor guy. Can you imagine how you3 ~) s7 ^) G4 j
would feel if you just discovered that over the course of the last year, your $1000 stock investment
, U1 C+ m9 R2 [# l& `. _left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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. m: a5 R6 j+ @& V1 dI'll leave it up to the reader to come up with they're
6 M5 |& M# O; s5 `* Y4 x# jown "moral to the story".
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Have a nice day, and happy investing. |
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