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原帖由 如花 于 2006-10-23 13:23 发表) x: g' U$ o0 x& ?% s0 k
如果是买了nortel呢?
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- E K8 y: b$ D1 e5 Z" pOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 9 q3 X+ Q7 M$ W2 N |2 a
for Nortel Networks, where in the summer of ; p1 t& x2 L$ R
2000, there was LOTS of money around for bonuses). 9 S7 p8 F- B. E, J! Q, i) b
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Jim, being an intelligent, financially concientious person, put the) R6 _: `) W- J; n' t
whole $1000 into Nortel Networks stock. With his $1000, and the# [1 C* _9 B% X% } f0 ]: x3 l* C5 |
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
* r' h$ a, a# Q3 CNortel stock climb and climb, he
+ V- [7 a/ A+ Q" a3 Kfelt 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 , W% u8 n3 G3 M( T
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 3 T0 h2 I6 d0 O b1 y! G
purchased 33 cases of beer. John also
# W& t }" `0 Tfelt very good about his investment: 33 cases x 24 = is 792 bottles
% k2 e: p$ Z9 {7 } Yof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
6 Y1 N1 v- Y6 r5 F0 [0 Ecalculated that he could drink about 15 ( u% x2 J* [5 i y6 k" `
bottles per week, and he wouldn't have to buy beer for a whole
2 ~9 Q" K% G5 q! fyear.
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& `, ^# E L1 K- k0 j' k+ i1 X3 yJim, of course, was appalled by John's purchase, and berated him
0 D2 ]! n7 u) d3 r2 \! xconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
% o: s+ t7 \% G" Edwindle. "It'll go back up", he'd say to John.
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+ `2 O2 J) R1 O* o% L e, l( tJohn, who has been reaping the benefits of his investment on a daily' v/ Q0 i6 ~" ]6 K! O
basis, would reply, "Ya, it will. Hang in there buddy".
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$ D5 s9 t' @# v; J3 [- p) ~Months went by, and the value of the stock continued to fall, and there was the beginnings of a n% u& p/ h, {, q
noticeable dent in the beer pile.8 v9 b7 M% D! P( H9 `1 E2 z3 [
4 x7 P$ X- M o( D+ [$ x! rMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
) V( I7 H! k! [: Rabout half gone. Jim, being sure that the
" g7 p1 @9 ]9 x& B& r+ |5 Rstock had hit rock-bottom, still was berating John for his frivolous- g: M% \4 C; F& s
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be $ J5 g/ l( r0 A. a; b6 b! r
worth!!".& y6 u7 M9 ~# {9 s, C. H
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Well, summer has come, and hard times at Nortel continue.
2 q1 H3 W2 a4 X8 z uBad news: Both John and Jim have been affected by the layoffs.
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* c# p6 L; O6 y6 d" R1 t' t' ZLast week, in order to raise some cash to help through1 i( r! p" z2 }3 Z
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the , y4 P t5 G6 _- N1 M
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone, f: A `) W8 L$ H' I4 L
needs their friend's during rough times), and as luck would have& Q1 {7 g, P/ d$ T; Z
it, there were two bottles of John's beer left. John, being a good,; [/ S( K+ E! R+ R, `' y; V
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
; j5 T& }% r a& b: u8 rthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 9 e F9 y. y# c$ E( I
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 ; d2 o5 Z+ B/ @- r+ ]' t [
added as his other friend with
% S1 D+ V# B# y2 x; W5 I9 ythe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.. K |* G: }' ?6 v4 n9 _$ x
3 ]( I, \9 A& S8 _( DUpon arrival at the beer store, they unloaded the empties, feeling a
6 v4 i) f( E( c9 w+ Q' elittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
) j9 A* _( b- O& I1 m4 Kbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
& M h$ G9 }; i! [& vhe handed him the money. 7 {) v3 p2 l& b% R ]! i" Z4 j0 w
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Jim was speechless. Poor guy. Can you imagine how you* p) N8 e" U& a/ I+ k
would feel if you just discovered that over the course of the last year, your $1000 stock investment
2 K# w0 [; G# z z# k# [left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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* D) b0 L- y7 F7 U& h! G; @I'll leave it up to the reader to come up with they're
1 i# G- X4 z) t6 town "moral to the story".8 J2 H3 R- ^% |
/ ~% @, i" F/ P/ \/ L8 YHave a nice day, and happy investing. |
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