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原帖由 如花 于 2006-10-23 13:23 发表, _5 E" }" A" T5 e9 s
如果是买了nortel呢? 2 i+ M( S; R1 @" {/ U4 I" M
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work $ u. B; G1 A* _! W
for Nortel Networks, where in the summer of + j" f# {) d: F6 A6 g6 _9 i* w
2000, there was LOTS of money around for bonuses). & V8 d$ e$ F! W$ k
" w' _0 D j# f6 v8 @Jim, being an intelligent, financially concientious person, put the. Y( B( m, Y# H# f3 a) ]" o5 ]
whole $1000 into Nortel Networks stock. With his $1000, and the
! A2 {4 i7 A/ t8 t, M. [/ Ztransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the * j8 f+ z: x, ]& l' E
Nortel stock climb and climb, he( c( \ M9 v7 w) t
felt very good about this investment, happy that he is preparing for the future.* b" S9 C! T. @5 l) V
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John, being a more care-free sort, did something slightly different
8 E) i; q' |, I' o f% F$ ?( mwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ( o" @, u. v$ o- Y1 B* V J3 C
purchased 33 cases of beer. John also
* Q7 P7 ]- M8 _felt very good about his investment: 33 cases x 24 = is 792 bottles
; X4 F8 q( `4 P, q; n& @of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, $ j9 @( z6 ^" b" L# K8 S. M
calculated that he could drink about 15
3 Y5 \2 q, a( h7 B' q. zbottles per week, and he wouldn't have to buy beer for a whole# X$ C5 ?2 \5 _0 J
year.: j, o0 p+ U1 F* G
, m8 o( A E- y3 h0 IJim, of course, was appalled by John's purchase, and berated him
; d" f; U( e0 C Vconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
; i2 E. ]3 H2 r/ I0 b/ B, B: u+ hdwindle. "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
) Z- K: B) l# Z8 t! `basis, would reply, "Ya, it will. Hang in there buddy".# g5 a1 p! _9 Y4 X; l3 ^7 c" a
1 K! N; u) z: u: K' ~Months went by, and the value of the stock continued to fall, and there was the beginnings of a
. G& I! z' e" t* W0 D" Snoticeable dent in the beer pile.
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s2 s+ i+ v @' h7 r9 Z& M, C" e1 [Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was : u" n/ }9 R% }, t( F
about half gone. Jim, being sure that the
$ H/ n1 h, V9 F* pstock had hit rock-bottom, still was berating John for his frivolous
P) i' Z; d8 z9 ^purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
" e8 r) b7 C, r" Aworth!!".
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Well, summer has come, and hard times at Nortel continue.
6 R! v# n6 h% D% d( y1 l; pBad news: Both John and Jim have been affected by the layoffs.
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# P' S( Q6 m( uLast week, in order to raise some cash to help through# ?# a5 i. S8 Z+ h- |! e
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 9 _1 |6 v t, {. a
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
( l/ p( `; ]7 C, D8 t D8 {) d+ x, T$ aneeds their friend's during rough times), and as luck would have
8 a/ I) e9 a2 Cit, there were two bottles of John's beer left. John, being a good,
* M+ Z! o7 S$ I! lcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated , Q! R" j+ ?* s& c: C
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 0 n3 u+ D) L$ L( K
got 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 : B2 s( Q; B; w6 h( u
added as his other friend with; L$ O: G6 p8 m8 A. n
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.0 {. m; C& N" S0 g* l
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Upon arrival at the beer store, they unloaded the empties, feeling a6 Y$ i3 g6 z% Y( E$ p- W1 N$ O
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
; S4 K, k5 Y3 J1 Z5 O% K7 z; D! vbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as) w7 v6 B8 w$ k5 Q) u* X3 q! q
he handed him the money. X: m& u+ @4 k# q& G5 v/ n" o
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Jim was speechless. Poor guy. Can you imagine how you
% D! L9 p2 }# w" ^would feel if you just discovered that over the course of the last year, your $1000 stock investment ' y2 q4 @1 x2 V" F M/ ]
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. ! H0 S1 _6 t& K8 B+ Q. Q3 p
1 ~/ R: s ]( u0 k2 |I'll leave it up to the reader to come up with they're- {) p: i _% [ s7 h) ^" U
own "moral to the story".3 x9 J+ e/ }2 X1 ^0 o9 T
8 i ?/ U. t) e8 o6 Z! h7 iHave a nice day, and happy investing. |
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