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原帖由 如花 于 2006-10-23 13:23 发表( }/ T6 a7 F( e! t- n! L. }
如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
$ P7 G5 L7 n9 J7 s( K/ q$ Rfor Nortel Networks, where in the summer of
, ~. a4 L, P$ w% g$ ?2000, there was LOTS of money around for bonuses). 9 C0 I4 w2 O% D+ O* [3 q5 W# n: ]8 [
/ h9 T+ y' X+ cJim, being an intelligent, financially concientious person, put the
$ f' h: N1 x0 J4 Rwhole $1000 into Nortel Networks stock. With his $1000, and the# t# q; E. v. c$ d/ c! [
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
0 g) K$ X5 a! ]3 z7 f. p3 ?Nortel stock climb and climb, he
# C3 q$ }; Z. wfelt very good about this investment, happy that he is preparing for the future.% X3 y4 y, K; O2 X
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John, being a more care-free sort, did something slightly different : h0 v# H1 V# z0 B& g Y$ O$ v; j! Z
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he & t& D D& U) n
purchased 33 cases of beer. John also
- i2 G1 L. L( l7 @1 g6 ?) Xfelt very good about his investment: 33 cases x 24 = is 792 bottles; P* F. ^7 _0 y' u; A& {, E
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
- L! Q* y6 K! \calculated that he could drink about 15 - s6 t& j; S0 x% s# _
bottles per week, and he wouldn't have to buy beer for a whole. a- f: I/ c5 J/ `: J
year.
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Jim, of course, was appalled by John's purchase, and berated him
7 U0 { @, I6 V5 e- o; Z% m' x# rconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to * p7 Z( a3 a4 \- H0 k; x6 M
dwindle. "It'll go back up", he'd say to John.
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John, who has been reaping the benefits of his investment on a daily
& q' a! Z% }: ^" {* ?& X( z6 {basis, would reply, "Ya, it will. Hang in there buddy".
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5 S% O. k1 @( U+ o; ]6 xMonths went by, and the value of the stock continued to fall, and there was the beginnings of a ) A. n" O# T4 z T& d1 x- T
noticeable dent in the beer pile.( y1 }9 c( r6 Q" r/ A+ a8 p
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was f6 U. N5 Q3 ]/ f/ j
about half gone. Jim, being sure that the
; P0 m/ U( o) Kstock had hit rock-bottom, still was berating John for his frivolous( |+ K6 R1 H* k& I5 k0 T$ l2 r. `8 i
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be - Z8 R$ F7 `: O4 o! @
worth!!".- m! U0 ]) Z( D# Y
$ r7 V9 _4 N5 z P* D( z9 xWell, summer has come, and hard times at Nortel continue. ) N3 T" w7 o Q' d4 p5 [1 z
Bad news: Both John and Jim have been affected by the layoffs.( G! F+ y! R( s9 [* l2 l+ v
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Last week, in order to raise some cash to help through
, S: u9 _* q6 x) r( C; G8 A8 ^the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
: t; R3 J, u5 k2 p5 z q: d$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone* f3 L5 a' O8 s' |6 [+ W g
needs their friend's during rough times), and as luck would have# q. K3 a8 b& J% u6 e* Y
it, there were two bottles of John's beer left. John, being a good,
7 ]% |* ]' l; A% G9 Pcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
, P! e) X, F$ {# `0 G$ J. Uthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I , A$ {: y; o$ ~ F
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
0 [. _$ [6 J$ @: o% zadded as his other friend with
! h% q" P' H2 {6 Ythe 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
9 Q5 l9 f2 [9 r# M, klittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 7 G4 c t& R4 \$ Y2 [
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
3 e9 X5 l7 p, H' R- `- g; Fhe handed him the money. + ^! c) B, F2 W5 _
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Jim was speechless. Poor guy. Can you imagine how you. U* g! Y }8 X, G+ v6 c) K9 `
would feel if you just discovered that over the course of the last year, your $1000 stock investment 4 f) B( H8 h" B# x
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're1 h5 l* `/ _. A; n/ y# ~0 K
own "moral to the story".$ @) j4 `% V7 t
! x/ ^& d8 |. l6 s/ T/ Q5 V: SHave a nice day, and happy investing. |
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