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原帖由 如花 于 2006-10-23 13:23 发表
' ?6 D5 S' a6 M- \* A+ t如果是买了nortel呢?
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4 V- r5 F3 Z7 y$ W1 C% w4 D9 SOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work + Q9 L$ I/ l' F' h3 i2 r0 O: U
for Nortel Networks, where in the summer of $ p8 f" S, K; D1 N
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the9 e7 {# I @% e M. \
whole $1000 into Nortel Networks stock. With his $1000, and the( m5 N/ }1 ^! e0 X! F/ @6 ]; e! {
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
/ x0 s; g1 G# r' O( E4 j0 x& wNortel stock climb and climb, he7 R* `% a; g- B5 I. g
felt very good about this investment, happy that he is preparing for the future.2 L: K4 k3 Y2 I# Q
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John, being a more care-free sort, did something slightly different
- w: g4 {# _' i) j7 Owith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
$ U o# L) e: @6 x4 @4 I, | Gpurchased 33 cases of beer. John also2 s7 d+ q6 ]* n! M9 b( N! @
felt very good about his investment: 33 cases x 24 = is 792 bottles+ R5 V% r( I, Z! `& k
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
, Z0 V% _; f' Jcalculated that he could drink about 15
7 M+ j4 h5 }( t( H# A6 abottles per week, and he wouldn't have to buy beer for a whole
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- d: m7 d6 i1 [' e8 L7 j, M/ wJim, of course, was appalled by John's purchase, and berated him9 x% O; v1 S% x, M. m8 G
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
1 I0 D3 Z3 X5 c ~' p0 d2 rdwindle. "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
$ h) `* K4 Q- S6 Q/ Kbasis, would reply, "Ya, it will. Hang in there buddy".
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% V* K+ Y2 e% f# C3 T3 sMonths went by, and the value of the stock continued to fall, and there was the beginnings of a " r& v. s# G3 X
noticeable dent in the beer pile.
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; q+ t5 r! i# c+ n( HMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was 5 n9 M5 P$ K* E" _1 [
about half gone. Jim, being sure that the& w6 k! {. k T) g, ~
stock had hit rock-bottom, still was berating John for his frivolous
9 z; h+ p, v& N1 d- w- S4 zpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 3 e. r" l7 n4 a' o: _
worth!!".7 o7 e, Q6 e3 y9 }1 b9 s
) E+ R% f G; M* DWell, summer has come, and hard times at Nortel continue. : w2 b$ x4 P( u7 @4 c9 O
Bad news: Both John and Jim have been affected by the layoffs.0 _$ \3 P5 r* C7 \1 W. O1 o' T1 ~% n
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Last week, in order to raise some cash to help through5 X5 Q/ _! f1 W3 C
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the , e ]7 e7 e* c! H1 C0 G: t
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
0 E" ^9 ?+ ?/ Pneeds their friend's during rough times), and as luck would have
1 V+ W$ x- N; J1 m" A0 |+ Z- Zit, there were two bottles of John's beer left. John, being a good,+ \5 u( P1 r1 H; Q0 ?9 P
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated ; `( z8 y) l8 K. G
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 6 e5 h( V+ j+ |# G* }2 I) q% c
got fifty bucks back out of it - you have nothing now.", he said.
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]6 F' p7 S6 [+ z; [8 \/ K& Y"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he / O& w- K4 x _3 M7 _5 H+ _7 W1 X
added as his other friend with. C; z4 x2 B5 b1 a$ I( }
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.% _9 W* B/ w+ Q; I( N3 w9 h
; Q/ \+ F; L+ k \6 LUpon arrival at the beer store, they unloaded the empties, feeling a
( p8 y6 d" f5 S$ B5 Vlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
& O% A9 u* c. s! r- @bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
' V! o. k5 O# N* D* @he handed him the money. 0 o: p/ g( A) c6 a) _, P
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Jim was speechless. Poor guy. Can you imagine how you
5 }: o. m* Z+ v, [would feel if you just discovered that over the course of the last year, your $1000 stock investment
$ ]0 v9 \( r( h2 |9 d" s9 Oleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 2 y6 F& U, ~4 m5 G& s- x
. z& w( f3 |+ C. C+ I7 CI'll leave it up to the reader to come up with they're
: h& i* h4 c% A8 E. b8 [: ^own "moral to the story".
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( ^0 a! X% J8 H3 J$ vHave a nice day, and happy investing. |
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