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原帖由 如花 于 2006-10-23 13:23 发表
$ d& J' {9 A% {如果是买了nortel呢? 3 G5 X7 c( j' u
2 r% T4 q$ `* j. F; Q% b# C4 GOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work , S) y. [* V& O- ` b% D& d! g
for Nortel Networks, where in the summer of
9 |7 d" A6 g# ]; f& c, d, @ O2000, there was LOTS of money around for bonuses).
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$ U g& j) b5 {3 WJim, being an intelligent, financially concientious person, put the1 g S+ E5 Q8 l% y5 H
whole $1000 into Nortel Networks stock. With his $1000, and the
3 Q* n( u% r9 h9 ?8 g$ ptransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the " ]% s0 p- Z1 f: E/ D5 W
Nortel stock climb and climb, he
0 z0 n" d8 p4 G' |felt very good about this investment, happy that he is preparing for the future.
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- u8 }4 l, ]) H: JJohn, being a more care-free sort, did something slightly different
4 k& |- n/ ]" \$ e5 }& R, Z) ], Qwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
" I$ i# {4 ^* J# Ypurchased 33 cases of beer. John also+ R2 g9 ]8 W* A
felt very good about his investment: 33 cases x 24 = is 792 bottles+ \0 v E( j- R: \
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
: Z4 {7 U$ y) M7 dcalculated that he could drink about 15 ! w; A/ v9 m# ^) V# g( ]3 x8 G
bottles per week, and he wouldn't have to buy beer for a whole
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Jim, of course, was appalled by John's purchase, and berated him
9 F5 G. ~# [" U0 V" sconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
b6 I6 ^! h) b% I; @7 ~/ xdwindle. "It'll go back up", he'd say to John.) A9 M. m3 H: p) G. d5 _
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John, who has been reaping the benefits of his investment on a daily' I3 H7 C/ k2 W& {7 r4 H: h. x
basis, would reply, "Ya, it will. Hang in there buddy".) _1 L8 c8 s% ^8 h; M
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a . t! l/ Z% e8 o, C' L9 M c
noticeable dent in the beer pile.0 p. {9 g, R1 K' m
0 w$ X! m6 p# H% f; FMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was : {% D2 l& v: u+ b
about half gone. Jim, being sure that the
6 ~+ e# V/ x7 Y D5 pstock had hit rock-bottom, still was berating John for his frivolous
# P- v# S" Z4 X! P( Npurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be " b" ~( y3 V6 \9 z* j- L1 y5 D0 I
worth!!"., D0 L# t: o" T* @
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Well, summer has come, and hard times at Nortel continue.
8 ~5 k4 _' B+ ?4 ]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
6 N( j a. Z7 v4 ]* {the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 4 [* K) F, j: J- `
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
8 i/ I- t9 j+ s4 G% }% m$ kneeds their friend's during rough times), and as luck would have4 O4 Z+ U4 ~6 I
it, there were two bottles of John's beer left. John, being a good,1 A. e d+ M" f/ P% ^: d
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
4 u, ], d# ]. [! [& Q; mthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
; m& M* F7 O+ c2 R. u, Wgot fifty bucks back out of it - you have nothing now.", he said. * }; Q( K1 o9 }2 N+ [' p
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
6 Z! U( t: k% i/ P* |- nadded as his other friend with0 d9 `4 ~( w7 K9 R9 W
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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. N1 [- E/ T, P4 w* e2 F K, dUpon arrival at the beer store, they unloaded the empties, feeling a, _4 j6 A; ] D7 p- ?; E3 ?8 t' S, C+ W$ ?
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 " F& O, O3 f6 m, ]8 O
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
5 ^# X, F- \ o( q2 Z( ^0 l% Ghe handed him the money. ; |9 k+ ~+ s( ]9 v- L6 q& c
# y6 V+ M( l7 z, `2 b& S* T5 w+ jJim was speechless. Poor guy. Can you imagine how you
* C9 [* W5 k9 Cwould feel if you just discovered that over the course of the last year, your $1000 stock investment , M# t3 J. m! w6 R- z
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
# \' T' a- y; O3 n1 Jown "moral to the story".
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: I" W- M5 X( v4 A5 M dHave a nice day, and happy investing. |
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