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原帖由 如花 于 2006-10-23 13:23 发表
5 g9 L+ t/ \! {2 |% d如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 9 N- f7 X) j# k) T
for Nortel Networks, where in the summer of
* h" J( S, ?/ \* p2 ]! t8 x2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the. I6 l5 F. W' \& J. Q+ Z8 [
whole $1000 into Nortel Networks stock. With his $1000, and the
5 f! T; t4 `0 a* f# E( f9 a% Ktransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 4 E" a1 L3 y' K2 m
Nortel stock climb and climb, he, i3 `' G3 I. l- u# b
felt very good about this investment, happy that he is preparing for the future.
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' k. _ d6 A4 b; Y8 z6 TJohn, being a more care-free sort, did something slightly different
/ R) P& H0 @7 k, Mwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
0 Q. |6 F2 a" L9 ^' kpurchased 33 cases of beer. John also7 _" ~1 T3 H, R& z$ R: Y2 F; Y
felt very good about his investment: 33 cases x 24 = is 792 bottles
: W% g+ m) k) q% Jof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
; j. ^; V' z' ]5 V5 ]) Kcalculated that he could drink about 15 . D8 S6 ~ h7 q6 j" K4 d
bottles per week, and he wouldn't have to buy beer for a whole2 X0 K/ i) v1 M# ]( @' _ p
year.
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Jim, of course, was appalled by John's purchase, and berated him1 U3 k# c1 |. |$ s$ `6 x2 I
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to , l& [* o9 S9 P
dwindle. "It'll go back up", he'd say to John.5 P1 Z3 Y0 w7 m1 \; M
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John, who has been reaping the benefits of his investment on a daily
/ @& z; C3 G1 F& S. ]basis, would reply, "Ya, it will. Hang in there buddy".
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* W( u% J0 Q- pMonths went by, and the value of the stock continued to fall, and there was the beginnings of a 6 K7 g' a1 l7 @7 Y
noticeable dent in the beer pile.( A. L, k6 q; y* M8 y
2 Z0 E( h* w1 { N, ZMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was # p2 \$ w/ i& t& u- i
about half gone. Jim, being sure that the' ^" V5 l# U0 n/ N9 n) \& w1 x3 ~% P: r: J
stock had hit rock-bottom, still was berating John for his frivolous
7 p* j, n5 f( [purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
( Z- x+ F' d2 ^& gworth!!".
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y X4 t- a2 [ Y1 @4 JWell, summer has come, and hard times at Nortel continue.
* y8 C P: ^. r/ R: j( aBad news: Both John and Jim have been affected by the layoffs., z u" ?! j& w+ A
% c% e$ y+ k( B& k( vLast week, in order to raise some cash to help through
/ H. r7 j& U m+ | Kthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
A, v7 s$ o% `7 q, ^0 p# z. s$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone; M" [6 X4 v0 z" o7 u: ~+ N
needs their friend's during rough times), and as luck would have
& ]0 Y' O& M8 x# {$ tit, there were two bottles of John's beer left. John, being a good,
1 P: i2 B8 A" i+ n" V$ w" g( s# Ucompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated . I' i. k5 c' v% r+ [
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
( g, v$ e( u5 i$ k) tgot fifty bucks back out of it - you have nothing now.", he said.
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
% s8 O% O6 u" A" n- c9 c5 jadded as his other friend with$ P7 q8 s3 W. e$ ~+ e
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.9 U( X7 A0 {# x) l4 M
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Upon arrival at the beer store, they unloaded the empties, feeling a
0 j! |/ N- K4 Q1 }2 }- a$ rlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 8 c8 L' Z! I9 A
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as8 o: D/ j& C- h- d
he handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you
) I& n6 Q# |, \would feel if you just discovered that over the course of the last year, your $1000 stock investment ( ^, I) C1 h2 s* K$ }3 `5 Z6 F+ q
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 1 e) m9 z0 ^2 | g% |7 @4 P+ S
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I'll leave it up to the reader to come up with they're1 C# P2 U7 U# g
own "moral to the story".
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Have a nice day, and happy investing. |
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