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原帖由 如花 于 2006-10-23 13:23 发表! d$ D% F( v+ Y8 d
如果是买了nortel呢? , F; E9 z2 ^) J: e2 E; M$ a& _
1 p0 z- |) ?# d+ `* r/ ~) EOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work ; L# r: P3 K* P [8 [
for Nortel Networks, where in the summer of
5 x+ e1 P' O v2000, there was LOTS of money around for bonuses). 9 d) Q, |+ Y# w" I6 R ^/ I6 |
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Jim, being an intelligent, financially concientious person, put the
! d& K. P: Z9 r, m: }( G* rwhole $1000 into Nortel Networks stock. With his $1000, and the. P. z- o- c2 C% Z0 i
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
+ J. j* N* Z9 }1 K+ ONortel stock climb and climb, he
2 I8 W$ G. N& z2 p+ [felt very good about this investment, happy that he is preparing for the future.( V- ?/ ~& W) \
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John, being a more care-free sort, did something slightly different % ]8 x- B3 J# p7 I
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
. m9 x1 y' ]& ?5 Xpurchased 33 cases of beer. John also
5 n { T1 r2 Hfelt very good about his investment: 33 cases x 24 = is 792 bottles
$ {9 f$ m7 H4 |* Tof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
" [- G% [' h4 |3 i, pcalculated that he could drink about 15 ; z5 {% }9 |* ?& P
bottles per week, and he wouldn't have to buy beer for a whole
% ]3 {7 A5 m* t: v; l! Uyear.
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Jim, of course, was appalled by John's purchase, and berated him- F* }" N" ^7 h; @) f
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
" @2 G+ h' i! p7 m+ D. Bdwindle. "It'll go back up", he'd say to John.. d u9 d$ p& r1 n2 T
7 ?) d5 Q8 F% ` h- A7 \John, who has been reaping the benefits of his investment on a daily
. ~1 d# V. ?' a. O9 Mbasis, would reply, "Ya, it will. Hang in there buddy".
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, v/ O* N9 k3 N/ \ t) Y. n% YMonths went by, and the value of the stock continued to fall, and there was the beginnings of a % l# F0 i/ f3 h3 a) w. i% r( u
noticeable dent in the beer pile.) s3 E" w9 G4 S
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
! `# w2 {7 ~$ Z) E% D5 f; d9 Aabout half gone. Jim, being sure that the3 x2 ?4 C4 Z3 r; H: }5 v
stock had hit rock-bottom, still was berating John for his frivolous
5 @( Q, o3 x% p% `purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
5 ?, i$ B7 @. ]1 dworth!!".2 g" T' I6 s% d/ k
) t2 K7 f2 D! J: V O0 NWell, summer has come, and hard times at Nortel continue. 3 v9 \! C. E" N$ }) z# f
Bad news: Both John and Jim have been affected by the layoffs.- O, r' I- o+ D: q- S: O/ i" b; I: k
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Last week, in order to raise some cash to help through7 I% }) r4 f* Z9 k, f
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
0 \- {: S% }* o% r$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone& H V( l' \( N Q; N. {3 m* L
needs their friend's during rough times), and as luck would have
, f* k' ~8 k% K: v% f& ]* tit, there were two bottles of John's beer left. John, being a good,- j( W: _8 [: I" U2 o/ ~- a
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated # O V1 U. j* ?7 k- \+ _1 t
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
, X& v! N. t8 i2 ngot fifty bucks back out of it - you have nothing now.", he said. & U* x6 j$ B9 E
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
8 b4 [! v" [$ V+ Iadded as his other friend with
1 @3 N n5 N. v0 ?" {/ N* Jthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.! P7 S) [) |, ^* e" V; z8 k7 Z7 V
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Upon arrival at the beer store, they unloaded the empties, feeling a
- T1 o' g& O" I/ v0 t& t1 ulittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 9 E7 W4 J7 u) ?# w0 _9 X
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
' R0 g# X8 ~$ F: E* Bhe handed him the money.
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6 H$ |9 h" m( R0 }( u; y8 L/ \+ mJim was speechless. Poor guy. Can you imagine how you+ {6 q) h3 }& e+ k
would feel if you just discovered that over the course of the last year, your $1000 stock investment " X" l4 o; A8 P% D1 @& f
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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; z8 y: `5 k" \7 D7 PI'll leave it up to the reader to come up with they're
7 y- ~. K7 }: S( J4 Aown "moral to the story".
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Have a nice day, and happy investing. |
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