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原帖由 如花 于 2006-10-23 13:23 发表
" X* ^% i! I: J如果是买了nortel呢? : l: b' M& {1 L5 u. G
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work ' F$ Y: i( U: ^* I7 |
for Nortel Networks, where in the summer of
" U9 [! s8 p! t' F8 a2 _6 l2000, there was LOTS of money around for bonuses). 4 R. C1 T }- Q
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Jim, being an intelligent, financially concientious person, put the
6 D' P. n- ^# |! u7 I' C. Owhole $1000 into Nortel Networks stock. With his $1000, and the
9 i" U. L7 y9 p: {) g5 T: S/ [: mtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
1 v& |" F: k( ^! H$ Q! X: P" \Nortel stock climb and climb, he
$ ~' }: Y; i# b' ?& k; |! h: Jfelt very good about this investment, happy that he is preparing for the future.
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+ B P, R) V1 I/ NJohn, being a more care-free sort, did something slightly different # z! J/ f: }" L) y' N4 I `9 x
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
5 F6 z5 X7 f( \2 s* E+ \3 Apurchased 33 cases of beer. John also
5 ?& C: x% N! U" }felt very good about his investment: 33 cases x 24 = is 792 bottles
8 C2 q) ~# q: ^: F% s0 pof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
& P5 n5 |3 o Xcalculated that he could drink about 15 4 h5 I4 ~7 w! r
bottles per week, and he wouldn't have to buy beer for a whole
9 L x6 J: |4 J4 l: R* @' qyear.6 j$ }) ~; S* w8 K1 ?! }
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Jim, of course, was appalled by John's purchase, and berated him. W- h( Q6 N, W2 r$ |: X. g7 y1 ?) k
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
6 t6 o [! o. w1 p& ?8 B, Vdwindle. "It'll go back up", he'd say to John.: O {5 v$ ^9 i5 P8 T
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John, who has been reaping the benefits of his investment on a daily
2 q$ m# ^0 J/ r, jbasis, would reply, "Ya, it will. Hang in there buddy".
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% e B1 B' K6 y1 X6 }2 \3 rMonths went by, and the value of the stock continued to fall, and there was the beginnings of a 5 e. `# X: _! @4 X, z
noticeable dent in the beer pile.
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; n- Q0 T3 O8 a" c5 ^6 ?; j+ [: {Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was # G- O, h+ ~2 z/ o$ }# n2 I
about half gone. Jim, being sure that the
' v2 t% W) _. w& x/ i7 L( \3 ]' @stock had hit rock-bottom, still was berating John for his frivolous
0 [ ~- |$ Q7 C. [6 C6 ipurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
/ X) {; f$ r4 T' o# Gworth!!".8 S/ V$ C, \# t5 K1 ^/ Q
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Well, summer has come, and hard times at Nortel continue. $ X5 \7 E0 Q) z- T" n; Q$ G# Q
Bad news: Both John and Jim have been affected by the layoffs.5 p5 n) @4 ^* {: F2 \7 \
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Last week, in order to raise some cash to help through
9 f2 k1 o: a6 S7 G' |: t/ wthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
) B4 J# H9 K' ^+ `( }: n* E5 E$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone: O7 c8 Z( f( L/ h5 ^- {0 d
needs their friend's during rough times), and as luck would have
$ n, {8 h# X! M" ~/ b+ F0 B( Jit, there were two bottles of John's beer left. John, being a good,
$ H3 @7 a2 y! l: G. K) Ycompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
! r# f2 s. {8 j" Fthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I * z! p. D A4 }
got fifty bucks back out of it - you have nothing now.", he said.
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9 x" w6 f4 J- u1 B. y"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
! @- M1 a. U0 O1 x8 h' kadded as his other friend with
3 z3 X: _, Q; ~/ D3 t& |$ f4 z; xthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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* R+ i1 F# k- ~/ n: gUpon arrival at the beer store, they unloaded the empties, feeling a3 Q, q9 @1 m; _: d; J
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
: m# Y9 m" `) s3 cbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
9 V+ z5 R L- N' \) S' \5 Qhe handed him the money.
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" a7 N: F/ @: X. h7 y* ~- b& vJim was speechless. Poor guy. Can you imagine how you, v2 V2 ?2 {$ |8 z1 w; m
would feel if you just discovered that over the course of the last year, your $1000 stock investment ( t2 S/ p& y5 V: e: }5 h) T+ c
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. & r: |. B- W1 }7 C; Y
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I'll leave it up to the reader to come up with they're/ r# G8 I$ Z- p
own "moral to the story".
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Have a nice day, and happy investing. |
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