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原帖由 如花 于 2006-10-23 13:23 发表
9 c6 S" o M, f" ^4 r9 \如果是买了nortel呢?
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, ?# p+ J1 Z+ Z6 G7 n1 NOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
& r# B8 M# r- x4 cfor Nortel Networks, where in the summer of
$ `9 i4 H. k# i) h2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the% j( S& ]5 G& E+ f5 \- Y- L
whole $1000 into Nortel Networks stock. With his $1000, and the. N7 z* {9 E* c4 N* B
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
0 a! F0 m2 G3 E2 @+ y9 Y) sNortel stock climb and climb, he
5 `+ J S) U6 K1 X( b4 `9 h3 Q% r! L4 tfelt 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 1 @( x' e1 H0 O2 A
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
2 w( m7 t8 O0 F6 wpurchased 33 cases of beer. John also
9 f4 \0 z# I- ~* vfelt very good about his investment: 33 cases x 24 = is 792 bottles
& z3 g6 F6 F7 a4 I* j" g' zof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, " n1 k8 V* |9 q S% j
calculated that he could drink about 15 * Y1 U) X" R8 d5 q: @
bottles per week, and he wouldn't have to buy beer for a whole' N* r/ P0 P# Q" f& ?; x5 |% S
year.
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+ M- P+ {' f: l% D h3 BJim, of course, was appalled by John's purchase, and berated him
* g8 m* t4 }6 u r+ [: zconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
% d2 ^/ X+ n( |dwindle. "It'll go back up", he'd say to John.+ U# u+ }( _0 Q3 z1 e0 Z
, x8 {/ W# R( y0 qJohn, who has been reaping the benefits of his investment on a daily" p8 d( D' w# x7 h
basis, would reply, "Ya, it will. Hang in there buddy"., u. R! h( i* V& y; G K7 z" H
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a * L" Y( q& [1 e# l2 j" \
noticeable dent in the beer pile.! `% d2 P0 B$ p8 r% U$ l
6 R3 b( B' H) E7 DMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
" I7 X2 c, M; X# r+ Sabout half gone. Jim, being sure that the# E7 ?7 R+ W) H* K3 \9 l c1 z( y% I
stock had hit rock-bottom, still was berating John for his frivolous) e! `( g9 r) q! m
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be , k1 ^, X) G. z) U2 v, L1 [: T1 D
worth!!".: D1 H6 g$ U- r3 |* N6 ^
+ e. Q# V; |* n7 m7 r1 V9 gWell, summer has come, and hard times at Nortel continue. ' X/ C7 i! G2 \, ^, X' f% [ g" z9 Z
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
" Y% r% f a* Y( L" m% `$ w; dthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the " Z! `+ `( S5 Z6 Z5 ]2 F
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
) D! K" [+ {. Kneeds their friend's during rough times), and as luck would have `; s7 p7 h9 T' ]# S
it, there were two bottles of John's beer left. John, being a good,# q, h* ^, i6 {
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated $ H0 m" H% A; n4 r: S% [
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 8 H7 F8 f- D7 |9 q- w2 k
got fifty bucks back out of it - you have nothing now.", he said. ) ~& G% g9 p: M) _( _2 I- o' A x
5 [* x+ G$ q, q/ b0 m' x# r, c6 O"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he 3 ?) B& D$ D! p
added as his other friend with8 }6 \* ?& J3 | L1 J- d+ C9 T
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.. F1 R+ \7 b1 R: p/ _: o
; z. W( E9 U3 A" s0 @Upon arrival at the beer store, they unloaded the empties, feeling a
. ^9 z4 i. Q9 X3 B# ~0 N( jlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
* L ~) ], @' ?% o+ U. [bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as* f3 h+ ^! _9 E! a9 ^2 N" n
he handed him the money. 6 r+ n' X" X8 u
- k! k4 h" A; N$ {Jim was speechless. Poor guy. Can you imagine how you
8 D) j& z2 q' f' A! a/ Bwould feel if you just discovered that over the course of the last year, your $1000 stock investment
/ k; g" g& z- H: h4 T( p. F4 e8 Y' ] kleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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, W# G# w ^# C/ L! \# O& xI'll leave it up to the reader to come up with they're
( T0 P# w r5 E0 A! X! @$ G/ Mown "moral to the story".' F' e$ X' H) I/ {
. R- N+ W( ~/ |- o# C3 p. YHave a nice day, and happy investing. |
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