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原帖由 如花 于 2006-10-23 13:23 发表
- {& x3 B! L9 T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 1 o- c1 m' P, Q+ E
for Nortel Networks, where in the summer of ; L+ v; q F; a1 f& Z6 `5 W
2000, there was LOTS of money around for bonuses).
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( G6 u2 B/ @9 O# \2 HJim, being an intelligent, financially concientious person, put the' _8 O- ^# b+ A3 [
whole $1000 into Nortel Networks stock. With his $1000, and the+ j- c) Y& P2 C/ j4 m
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
X+ F3 L& T L8 [4 ANortel stock climb and climb, he0 ~) b0 T4 j1 n8 R) ^
felt very good about this investment, happy that he is preparing for the future.- h1 _. \2 {6 U1 Z+ g4 y
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John, being a more care-free sort, did something slightly different 2 H* K" g4 w2 a
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ) ^3 T0 d" S' c: k) c5 V. j
purchased 33 cases of beer. John also
7 w7 C/ ^& F5 ~5 D% P- l+ xfelt very good about his investment: 33 cases x 24 = is 792 bottles
( e% O' }* x. w! M3 r6 B$ Iof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, # m& } b) T# B. A0 C3 K, a$ ~
calculated that he could drink about 15 % n0 i9 S8 D2 r# f
bottles per week, and he wouldn't have to buy beer for a whole# R' ~1 F2 P5 w5 ]
year.
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Jim, of course, was appalled by John's purchase, and berated him% V( y' U3 `. u' V! u3 H. q
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
. s2 K& s5 N7 _; y4 T3 O4 Fdwindle. "It'll go back up", he'd say to John.( `% b& ]% D! h5 d3 y3 B
0 i" ?" s4 \8 d) j" G2 ?John, who has been reaping the benefits of his investment on a daily
& C9 a9 W9 v' D( obasis, would reply, "Ya, it will. Hang in there buddy".5 s& {9 N* A* X4 i
) w' p% d Y- [* L: j" GMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
( y: ~ q5 t( Q8 E; K- Unoticeable dent in the beer pile.
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$ w3 v9 b# e0 k& X8 ?9 BMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
0 t% ^$ Y! f' [- t1 Tabout half gone. Jim, being sure that the b! G. g `% f& L
stock had hit rock-bottom, still was berating John for his frivolous `" `3 C4 @2 E3 k( {3 V6 Q
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
/ A% F E2 ^$ X, zworth!!".
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Well, summer has come, and hard times at Nortel continue. 6 P2 d q R( J0 \% u
Bad news: Both John and Jim have been affected by the layoffs.
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Last week, in order to raise some cash to help through0 g5 {- q I8 g3 a5 y, m, D
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ( H! s8 \6 j. y V. @( y3 D) N* V
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone r* f& {" g6 S( ~/ m7 ^
needs their friend's during rough times), and as luck would have e* o) W5 T1 a
it, there were two bottles of John's beer left. John, being a good,
4 k4 s9 [/ s$ W: Pcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated # m7 {9 q( I% A& U0 v
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I : s! Q" N' |/ M- ]. C( u1 S* {
got fifty bucks back out of it - you have nothing now.", he said.
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& b" E6 w" I6 A5 ]9 K& q+ t" E"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
. I, h4 t! R, @! X: Badded as his other friend with
% ]2 F$ i% \% C5 {the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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+ w% x& M) i/ y! A* ?, J# S0 gUpon arrival at the beer store, they unloaded the empties, feeling a
& d) M% R& R8 d/ g2 Elittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 c% @+ W/ x) M) M
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as9 ^9 c N& w: K- e) R) M n
he handed him the money.
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- H6 p! [5 }. zJim was speechless. Poor guy. Can you imagine how you/ t/ w* A$ a Y& J0 s
would feel if you just discovered that over the course of the last year, your $1000 stock investment
! ^1 J( i8 Z- a( uleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 9 A" a# D+ g# u" b
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I'll leave it up to the reader to come up with they're. f/ P; w" P E0 ~
own "moral to the story".
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2 X1 z1 Y! `/ c( A" ~; }Have a nice day, and happy investing. |
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