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原帖由 如花 于 2006-10-23 13:23 发表
* c# q# s0 z5 O7 U7 @% b+ J如果是买了nortel呢?
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5 K: B% m5 q" E4 mOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work + s8 [9 p. A P$ U
for Nortel Networks, where in the summer of
z* I4 O9 }/ z3 e2000, there was LOTS of money around for bonuses). & x3 s+ t4 M5 B) i
' T0 |$ R/ r) j- H% G, ^3 L3 N, HJim, being an intelligent, financially concientious person, put the1 h0 |; N% @9 U* l0 c; r% M
whole $1000 into Nortel Networks stock. With his $1000, and the
/ f2 M3 m$ f0 etransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 1 Q# k1 a, e4 b# a& d% d0 \$ o+ U
Nortel stock climb and climb, he; H! W `1 J" z+ v. H
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 * s) n! E( Q4 w0 d6 ?
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he : I Y$ W1 X' n2 R7 C
purchased 33 cases of beer. John also6 T( u6 }! W: a" [# h
felt very good about his investment: 33 cases x 24 = is 792 bottles0 ?2 w: B1 q9 w1 ~
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
- d3 K. d1 n: r" _calculated that he could drink about 15 ! l# f+ k& ~7 f1 w
bottles per week, and he wouldn't have to buy beer for a whole4 R5 o8 E" J# x- a
year.' T, O$ @) \* ?1 h% ~0 Z
- Y; j) K: j& wJim, of course, was appalled by John's purchase, and berated him
" w2 B( i, j4 Y% h/ sconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to ; C. |1 R' [5 X, L- W8 X5 X
dwindle. "It'll go back up", he'd say to John.
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% h, b" Y7 a6 O6 h7 b" c, [John, who has been reaping the benefits of his investment on a daily! p+ Z& F' X; S% L( D9 T$ f) i
basis, would reply, "Ya, it will. Hang in there buddy".: W7 H( R& i* i
+ v, t, ]5 V) b# N$ i1 kMonths went by, and the value of the stock continued to fall, and there was the beginnings of a # n- n7 {, M) l T4 g3 Q
noticeable dent in the beer pile.
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7 i1 m0 T3 g4 `5 G7 LMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was ! B" O8 e4 t& y1 T
about half gone. Jim, being sure that the+ T/ B/ q+ N6 O4 f1 I1 j
stock had hit rock-bottom, still was berating John for his frivolous. s; M# A Z0 @/ Q$ g5 H" ?6 {, `
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be ) B. M }$ v! X+ t* q0 k. x7 {
worth!!".
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1 Z. ?. F# Z5 @% P9 |Well, summer has come, and hard times at Nortel continue.
( S0 c$ r) B |: |# eBad news: Both John and Jim have been affected by the layoffs.
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- l! H; H9 s: ?4 P4 I- nLast week, in order to raise some cash to help through
1 ~$ Y: m# @( B! Pthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the * P- Z- L1 _( e, V5 ~
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone+ M- v6 h3 c) `' g
needs their friend's during rough times), and as luck would have, S, M' B3 e. }) u) [$ d/ e9 r
it, there were two bottles of John's beer left. John, being a good,% P i+ D! A- P; d# v
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
, d$ S+ s2 A3 W: Z; Mthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
( ^: s, O1 h- O. Sgot fifty bucks back out of it - you have nothing now.", he said. 0 F% }7 f% f$ g0 l4 i
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ) I8 L @: d% A
added as his other friend with* d/ {' P5 x8 [! B8 b, U3 g
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.( _: S- ?( C" P6 @& l( x, K
0 t5 m% r! m# c9 B bUpon arrival at the beer store, they unloaded the empties, feeling a7 R) p7 G' V" y: _+ H2 @& j
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
9 U/ Y1 H$ O* Y* D x- v( g# }# Cbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as3 [" B2 a/ r5 S8 Z$ Q* F
he handed him the money. 4 @6 W% z) \) q2 m$ X% } X0 O0 A
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Jim was speechless. Poor guy. Can you imagine how you
; e# ?4 ?8 I+ p7 Bwould feel if you just discovered that over the course of the last year, your $1000 stock investment
! M" I g2 ]* g6 Y! P1 A( Tleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. , l5 l+ F, {: \. q
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I'll leave it up to the reader to come up with they're' c3 X* c( j6 v$ |( U2 K0 b* K: l
own "moral to the story".# @7 d5 ]4 l! c* |! u
. z: { T6 G1 A7 K( gHave a nice day, and happy investing. |
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