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原帖由 如花 于 2006-10-23 13:23 发表- g0 y' d3 A( v& l# \0 C! x3 G
如果是买了nortel呢?
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. e1 S+ N1 z0 ?/ ?% qOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work * h$ L' [$ _6 W" T
for Nortel Networks, where in the summer of " @! ~: @/ J% ^& i8 A. s$ t
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the
/ Z- Q5 R/ U0 jwhole $1000 into Nortel Networks stock. With his $1000, and the
A. f! ~3 R* ptransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the & V( A0 Y+ U+ C- b0 e
Nortel stock climb and climb, he% Z8 c& i; G, p, }
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
: v& u( P! D K3 x1 Q- \with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
5 V! Z1 A4 p w: x2 E* V5 npurchased 33 cases of beer. John also# d: X9 S0 s- z7 P" Q
felt very good about his investment: 33 cases x 24 = is 792 bottles" g C2 E' V2 r8 J5 _
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 8 U' D I9 b0 d: W1 b, b" o
calculated that he could drink about 15 & g7 _3 m' h8 O F# [
bottles per week, and he wouldn't have to buy beer for a whole
$ e0 \- B. }. o! i4 ~5 G9 y6 |. Ryear.
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Jim, of course, was appalled by John's purchase, and berated him
* C2 N* A' p, \/ F8 d' [constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
( i: B0 g* ~+ hdwindle. "It'll go back up", he'd say to John./ v( n' k4 P- A, s# b8 Q9 S" N
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John, who has been reaping the benefits of his investment on a daily
, S5 o: |/ H0 k$ L6 r8 Ubasis, would reply, "Ya, it will. Hang in there buddy".
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) l6 ?8 V: W3 _) w- X4 }3 gMonths went by, and the value of the stock continued to fall, and there was the beginnings of a " g: H% o8 B+ ]
noticeable dent in the beer pile.$ P; r* I1 r/ i: ~" P
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
( z6 E m# e& [( Yabout half gone. Jim, being sure that the
( t4 ~4 h6 d; Y5 Hstock had hit rock-bottom, still was berating John for his frivolous
f; @9 x4 I8 L& B: U2 Npurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
, H, }# O4 r& N+ m$ e* pworth!!". ^/ m2 ?/ K7 Z) m: q7 ~
, c; L* D x2 n) L1 a1 qWell, summer has come, and hard times at Nortel continue. - O# ]/ O T( b/ |, ^) w
Bad news: Both John and Jim have been affected by the layoffs.$ J* P( H2 C& G3 n3 w6 {8 y
9 ^7 m6 O" C% ULast week, in order to raise some cash to help through
: V6 q7 d* Q# Ythe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the / U4 N2 X( d; D/ ~7 H
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
: v8 h" _9 u" Q: C; hneeds their friend's during rough times), and as luck would have" y( P+ M) E7 G9 |
it, there were two bottles of John's beer left. John, being a good,
+ ~+ m. r2 J1 X, n6 q* Ecompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
$ D( B& N( o. b& u' Tthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I " ]/ Y: j% v' m! C
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 ; X" \. ?6 O8 b; a' a
added as his other friend with
* F* i( H; t }6 _! ~( {the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.; f3 S) Z3 [9 e; b) [
6 h. n4 l' B, iUpon arrival at the beer store, they unloaded the empties, feeling a
7 e- G* z8 U$ E. e+ b8 ?little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 . G) D3 a. G( L( m' d
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as; d9 o% s4 U* H/ P. L q0 V
he handed him the money. ' Y! Q2 _1 B( ~2 z# V3 G* L. c
9 k$ n3 [8 H% i3 O- oJim was speechless. Poor guy. Can you imagine how you
) R/ [9 W/ ]& R# J' Gwould feel if you just discovered that over the course of the last year, your $1000 stock investment
$ I+ R& b+ V J* v( dleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 8 I: U- {& ]) ~- y
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I'll leave it up to the reader to come up with they're6 t3 u- P' h, [. v4 A
own "moral to the story".
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Have a nice day, and happy investing. |
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