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原帖由 如花 于 2006-10-23 13:23 发表8 i, ~9 H7 x* T- j+ C$ ]8 w2 h c
如果是买了nortel呢? 2 C6 D$ m" R I/ C* A) Z
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work ' u3 ^& o; N% T* g9 k) N
for Nortel Networks, where in the summer of
0 J. t) ?4 [+ ~$ C/ b! r" M2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the
) o! }! q) r' M& _; q: l- R- Zwhole $1000 into Nortel Networks stock. With his $1000, and the/ ]" P, p' r3 F- {0 A5 r
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 5 ^" s: j$ _8 z4 K/ O: W
Nortel stock climb and climb, he
1 T7 B1 h& J, A( Y2 O5 F7 K" j- D3 Gfelt very good about this investment, happy that he is preparing for the future.1 b% ^4 i# e! E6 s5 r
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John, being a more care-free sort, did something slightly different
# H- I0 [( V0 L: y8 `0 Fwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
( [* ?+ P* X( g4 n2 m/ M) Ypurchased 33 cases of beer. John also
V$ ~) k. v) P! ffelt very good about his investment: 33 cases x 24 = is 792 bottles2 V% c) S1 U9 v- y* O# ~
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
# d6 L2 G. s: L1 }% e' c8 p' Ccalculated that he could drink about 15 . A" n7 D. b' F& O& h( p P
bottles per week, and he wouldn't have to buy beer for a whole
c O: I. C1 Y& A* ?' e; J2 Fyear.
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. [1 ?) x: z, y" EJim, of course, was appalled by John's purchase, and berated him: o8 h j* ^" L( \" V1 n
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
% G V! P6 H- R# j' Ddwindle. "It'll go back up", he'd say to John.
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: ^) o% [9 D! s) h7 r/ hJohn, who has been reaping the benefits of his investment on a daily
. [, J; t% Y& q! o. Xbasis, would reply, "Ya, it will. Hang in there buddy".
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6 k) o: @1 Q2 A. c( j7 QMonths went by, and the value of the stock continued to fall, and there was the beginnings of a , X6 M. U' k+ P7 C
noticeable dent in the beer pile.
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_* d- B. J6 y4 xMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
, b1 V5 ^2 H9 w% Gabout half gone. Jim, being sure that the
* l; ~1 _' M' t$ a: n+ r6 Mstock had hit rock-bottom, still was berating John for his frivolous/ L) E7 Q1 F$ I" t4 O
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
" K& h6 H2 v' hworth!!".
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Well, summer has come, and hard times at Nortel continue. 8 r8 K3 g- @0 P$ R
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 through: ]2 A% q' ]2 r; u" {$ }2 }% D
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 6 }1 }/ p' K2 U' O
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
% c2 N1 S: B" p4 @' F5 Q1 `needs their friend's during rough times), and as luck would have
1 w: A5 u4 ?: w' S+ Zit, there were two bottles of John's beer left. John, being a good, t' L( j' Z! g* U6 f/ V6 [
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated ( I- B& ^% S5 B" B ]4 X+ I- K
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I : {# s1 [- F$ p+ p6 R% O1 E; o- G
got fifty bucks back out of it - you have nothing now.", he said.
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9 i m/ e! V0 k: Z"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
! H2 s5 n& ~2 ?7 Nadded as his other friend with3 ?) ? v. X1 a: _( g1 _5 n% y
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.4 Z% W, p+ C8 r3 G1 T5 n
! d, d; m+ s3 N/ _, TUpon arrival at the beer store, they unloaded the empties, feeling a8 |/ E U& g5 w, a8 Q
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 , D4 I7 ~4 F' j: ~; p% a
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
0 o/ i. z' j- K3 C5 W) _he handed him the money. 9 r: t. Z6 W% t! d, }3 ~+ \
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Jim was speechless. Poor guy. Can you imagine how you" O/ G9 s$ e Q! E0 w( e: i6 |% V6 F# i
would feel if you just discovered that over the course of the last year, your $1000 stock investment
; @: t- Z4 l" E: f, _# q: o# @. Pleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. . B, m1 ^1 W0 Y9 ?/ e! `2 S8 R
/ Z9 n3 K6 E# yI'll leave it up to the reader to come up with they're2 E6 Q9 ]. T, x+ s
own "moral to the story".
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Have a nice day, and happy investing. |
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