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原帖由 如花 于 2006-10-23 13:23 发表
( Y- k. O$ Y* u& K- o如果是买了nortel呢?
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2 H2 q: ^) p1 C4 {0 u- xOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
}( A% Q* Q. C! p9 T1 I S, g; Pfor Nortel Networks, where in the summer of
) W# m6 p$ `/ ?4 Z: \2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the
. q, e; [( e! e) z9 cwhole $1000 into Nortel Networks stock. With his $1000, and the: e# z, o; f6 s' z: i
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
# ?6 Q2 j: _; W1 F! }Nortel stock climb and climb, he% a$ H( a, m1 u+ d( W; ~
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 % d: a8 J) m. O$ L# Y
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
: t3 G% E: E* q( E3 G# fpurchased 33 cases of beer. John also/ r3 v- d$ C) b! r* I Q0 m
felt very good about his investment: 33 cases x 24 = is 792 bottles, `! e4 v/ y& S2 J' `) G
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
% K E7 C) m) n8 _; K* x, T1 q( I" pcalculated that he could drink about 15 , P6 p& m' |: C; A
bottles per week, and he wouldn't have to buy beer for a whole$ b. W2 L# l; S- O8 j7 {
year.
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$ ~: E! h6 e- y( k+ z0 ]Jim, of course, was appalled by John's purchase, and berated him
9 H2 l' _9 V' @' Y" Gconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 4 c9 S. E- P% Y) @
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
. K+ ]1 H# z% O" \9 v& wbasis, would reply, "Ya, it will. Hang in there buddy".2 D* J3 u8 n) g3 C* J: b
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a ) j) e% _. ~+ t) C9 o. \: j D
noticeable dent in the beer pile.* F2 Q/ ^/ ], Q! y$ ]
3 s5 L3 |9 W0 q AMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
7 V" w! M! B7 q$ e- N* Aabout half gone. Jim, being sure that the
2 h# h6 Z( E% h# r* J& f/ Bstock had hit rock-bottom, still was berating John for his frivolous% z4 W4 v: {% D: L b% E
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 7 g% r& `3 L) p" `8 D. P8 u
worth!!".
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Well, summer has come, and hard times at Nortel continue.
' y* J, Q! z* e) L: S; g$ GBad news: Both John and Jim have been affected by the layoffs.
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& [9 Q# i- p( U4 y! r `8 g0 PLast week, in order to raise some cash to help through
1 d/ k) Q& |+ J+ O9 Q3 J! hthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
% ]# {8 h& [6 G; Z1 `$ W6 ~$ @$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
) C* ?9 X- \. P$ v- q% Lneeds their friend's during rough times), and as luck would have1 h0 v$ A/ y' C+ {# `
it, there were two bottles of John's beer left. John, being a good,
% h- t. C% B- Q! w! k+ X1 P7 vcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated + t8 X" r' G0 s, _ k/ x# c
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
! Y* r* P! O7 e" j! _' fgot fifty bucks back out of it - you have nothing now.", he said. 3 [5 z" R0 C7 P5 j! b. G: g
" C( N' C1 Q5 P' D& t, }"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
+ w/ ^9 R9 y& q6 P; `2 Zadded as his other friend with9 a5 c% @' u- M* V6 G. r! F( I4 m
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 a# ~+ `/ c# Z) i3 q9 W
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 3 `: \* K* k- X% j
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
) H6 d6 a7 O+ ^7 @/ I* zhe handed him the money. 3 S' R: Y$ g1 c, A2 ^) u( Z
5 ?) F7 o$ X4 i2 u) P. nJim was speechless. Poor guy. Can you imagine how you* o+ y7 c; H( i+ I, z
would feel if you just discovered that over the course of the last year, your $1000 stock investment
! j8 [7 \$ u4 [/ Z- P2 m' yleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. , a2 q# e1 }/ O4 y
: J+ p( T' z* d! OI'll leave it up to the reader to come up with they're
) y5 h* d3 A3 v% L* uown "moral to the story".
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3 E' d2 O6 M6 o# G1 o9 V0 X0 \: w' o( {Have a nice day, and happy investing. |
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