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原帖由 如花 于 2006-10-23 13:23 发表
" C% L1 f# D$ N如果是买了nortel呢?
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' v3 Y' L- \. I* A# m8 qOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
# i! a+ h! n8 R4 lfor Nortel Networks, where in the summer of / m `) o# }" E$ F
2000, there was LOTS of money around for bonuses).
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- y+ p2 H3 N( v( rJim, being an intelligent, financially concientious person, put the1 h& L0 H5 \3 Z8 f/ P+ B% p
whole $1000 into Nortel Networks stock. With his $1000, and the
5 ]; c+ V: h: n3 y. i! vtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the $ F+ e& X1 n/ R: @/ h; a1 N
Nortel stock climb and climb, he( ]/ b" w$ L% Q. N o0 H
felt very good about this investment, happy that he is preparing for the future.
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( w, i9 @8 D1 NJohn, being a more care-free sort, did something slightly different 1 L5 Z0 K% X0 p# C& i
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
9 N1 E! S; R8 S- V( Cpurchased 33 cases of beer. John also3 Q; i. `- c6 a4 N7 r% @' x0 } e( u4 Q
felt very good about his investment: 33 cases x 24 = is 792 bottles3 b/ d( Y" r7 B0 x
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, & e. ~( B( | G& b. [- [
calculated that he could drink about 15 . n+ X5 u$ X7 f/ W
bottles per week, and he wouldn't have to buy beer for a whole
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Jim, of course, was appalled by John's purchase, and berated him
" j5 y' G0 {' J5 tconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to ! v1 g- O' J3 V6 Q o. U3 i
dwindle. "It'll go back up", he'd say to John.6 s# `% U/ [" E8 ^- [, [! g% W3 ]
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John, who has been reaping the benefits of his investment on a daily
6 U" K; m7 J, H% q N7 Dbasis, would reply, "Ya, it will. Hang in there buddy".8 E9 ~3 t1 U; _
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
9 [3 s, t3 ]; z5 E' N; W0 s: Q1 Qnoticeable dent in the beer pile.: m. E8 z3 P. k, |0 c
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was " U& K4 ?) r0 l$ l5 Z
about half gone. Jim, being sure that the- S# {7 r! l+ I* X( t, ~
stock had hit rock-bottom, still was berating John for his frivolous* k& w' E9 |3 y. s6 G/ Z
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 3 J2 c& E" @( _4 c: ` o7 `, V- t
worth!!"./ ]9 y3 O$ b1 o" Y
7 r( @" C$ U9 o0 _3 v, E" I) KWell, summer has come, and hard times at Nortel continue.
% f) \/ M! S& u, r# OBad news: Both John and Jim have been affected by the layoffs.
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4 T4 m/ v7 C& uLast week, in order to raise some cash to help through
* y; K2 ^# |2 L N5 _# w! Qthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the / t2 N1 V" G6 n: h
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
/ q8 h; O% @0 {8 Mneeds their friend's during rough times), and as luck would have
( h5 s: o: r) [0 lit, there were two bottles of John's beer left. John, being a good,; K( x3 V4 _- a/ _
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 0 d& V7 }" W. h% w
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
: w' \, y1 B; a3 s5 ogot fifty bucks back out of it - you have nothing now.", he said.
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he 2 B9 g! g0 w T
added as his other friend with/ ~: l0 v- e7 S2 ^
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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Upon arrival at the beer store, they unloaded the empties, feeling a3 y+ L7 M P$ o4 o
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
, X/ ~& i& [& _, zbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
1 e3 @3 O# ~6 x3 ? J/ @he handed him the money. : [5 {2 r$ `9 q5 R# c5 c: `
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Jim was speechless. Poor guy. Can you imagine how you
9 E' m) P% a1 C7 R3 Q# pwould feel if you just discovered that over the course of the last year, your $1000 stock investment
$ l: a0 ^% E/ L' B$ g8 Q; Lleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. ! o ~ ?* L! p! `# i
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I'll leave it up to the reader to come up with they're Q% A9 a5 H% `; b# a
own "moral to the story".
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1 c/ Q8 k& J: i# o! xHave a nice day, and happy investing. |
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