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原帖由 如花 于 2006-10-23 13:23 发表
2 C0 m! i# O7 C0 d) J# ^如果是买了nortel呢?
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b0 |9 \. t1 E" u$ ZOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 2 }/ k9 n s( L& i8 d7 E8 u
for Nortel Networks, where in the summer of ( k- ^% {" d, Z# l& ^
2000, there was LOTS of money around for bonuses).
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- h; r6 N$ G! _8 W4 V4 zJim, being an intelligent, financially concientious person, put the
, Z1 \" L' y8 y: Y, `whole $1000 into Nortel Networks stock. With his $1000, and the4 ?+ u- n9 W1 Q+ J, i/ @; O( I9 ~ J
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
; f) w% ^, q# N% n! \Nortel stock climb and climb, he
; D) M9 j! b: e- _# O" r' b z M Zfelt very good about this investment, happy that he is preparing for the future.( y& k! b" F' d2 y) [5 l* I; }
- S5 Z3 R9 w8 Y+ y3 |John, being a more care-free sort, did something slightly different ) G5 O8 s8 ~2 \
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ' m- t$ r" q4 [0 L
purchased 33 cases of beer. John also% ^3 p, M6 U" O
felt very good about his investment: 33 cases x 24 = is 792 bottles9 h2 ~/ ]% `( D* f
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, # B# ?1 O' Y5 x4 ^. S+ I2 }" @+ O3 ?
calculated that he could drink about 15 ! [' E& \4 s- O$ R9 l! J
bottles per week, and he wouldn't have to buy beer for a whole
9 K9 [, I: m: [" m" }7 g3 `year.
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! m+ ?) u, r) h1 B# zJim, of course, was appalled by John's purchase, and berated him/ M* U0 k; h% v$ J( t5 P; L2 R
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 4 `. w- q* S3 G' P
dwindle. "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 daily0 c% d" t/ [+ ~. `( I W
basis, would reply, "Ya, it will. Hang in there buddy"." Q% o8 ^- ~2 w8 }# U) \, C
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
/ z/ i% ~: [1 P2 d# z' Hnoticeable dent in the beer pile.
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was ( p. W: K& l K7 ~5 ?' t
about half gone. Jim, being sure that the
% r5 _9 A: W2 _3 I( G# Jstock had hit rock-bottom, still was berating John for his frivolous% n; ]" `3 a o i7 [1 A4 M5 d
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 2 L( b7 H' T, v( i% u* b
worth!!".
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Well, summer has come, and hard times at Nortel continue. + D5 n3 {* X" j1 _+ `
Bad news: Both John and Jim have been affected by the layoffs.3 x) v; G R3 K- t
% K; m* }! r1 ]8 m1 J. FLast week, in order to raise some cash to help through. a# @; b% u: H+ \
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 0 ^: k! F$ o" M
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
: z9 D: O! Q6 fneeds their friend's during rough times), and as luck would have% `4 j$ O/ V8 A! Z
it, there were two bottles of John's beer left. John, being a good,
/ }3 `( o$ _ {5 S/ r. K9 icompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 3 f o% s z; G& |' K. a x
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
$ v- S$ ?3 d4 z: {8 Bgot 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 8 K" t" u0 g6 [5 x6 `3 i4 `
added as his other friend with
$ H1 _" Q' P: Pthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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Upon arrival at the beer store, they unloaded the empties, feeling a
% O! q+ k0 ~- X+ R" u1 O; qlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
7 G7 R( m2 m2 Pbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as& D. _' s( z0 o- {0 V2 @& j
he handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you
% `! k5 G1 U8 Jwould feel if you just discovered that over the course of the last year, your $1000 stock investment
8 X" j9 Q1 b x2 e7 Jleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 6 G+ H0 P9 M7 a
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I'll leave it up to the reader to come up with they're
0 I: l/ r+ \* X% k" R; V) {) Nown "moral to the story".
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C! L& S$ u7 `0 V$ o* c+ jHave a nice day, and happy investing. |
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