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原帖由 如花 于 2006-10-23 13:23 发表
3 z* e8 H/ _! l: U' v. u/ G如果是买了nortel呢?
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+ D% E3 H+ X, X3 WOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
T2 g, i1 M: U% K" ~8 D. b8 z8 X tfor Nortel Networks, where in the summer of + _9 y3 v0 f/ C& [
2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the/ v2 g: ~. S8 x1 d: a( u
whole $1000 into Nortel Networks stock. With his $1000, and the* Q4 y0 A V) j2 q$ R G: S
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the & m" [# y" }( @* J
Nortel stock climb and climb, he' s/ m8 j& k4 N+ N
felt very good about this investment, happy that he is preparing for the future.
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: g6 y# b9 i( A- V" iJohn, being a more care-free sort, did something slightly different 3 L$ C0 [6 v1 l( B, @& ^
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
+ r/ E# `+ s7 u% Ppurchased 33 cases of beer. John also
# P0 Z9 \! W; Afelt very good about his investment: 33 cases x 24 = is 792 bottles* ~. C+ I. ^! _, e4 q
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
1 x# x- Y& _, ?, U7 {$ n" vcalculated that he could drink about 15
+ b* b% f7 J- jbottles per week, and he wouldn't have to buy beer for a whole
, m) o/ _( g! A3 z4 J3 r. T4 `9 Oyear.
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Jim, of course, was appalled by John's purchase, and berated him8 m) m8 ^' g5 h9 C
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
8 ]+ j# |3 h, ^6 N! }. h+ _6 `: g5 odwindle. "It'll go back up", he'd say to John.: b* s: _" F. ?3 ?- }
9 Z# a# p% w7 R! a3 J, [) QJohn, who has been reaping the benefits of his investment on a daily
% [$ ^- g7 O8 B7 ?! p* u* l; ebasis, would reply, "Ya, it will. Hang in there buddy".( U/ R$ F+ l0 d* n& F( L, |
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
: a4 ~7 X4 F. {) e0 |) v, ?noticeable dent in the beer pile.
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( I& `, O# R' h) _3 @Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
3 ^/ X# z5 B& J* i- tabout half gone. Jim, being sure that the
0 X8 u- v/ l( ?# L. B/ ?" tstock had hit rock-bottom, still was berating John for his frivolous, o( @+ B8 A- k0 e: B* p8 O# }
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be p) G) {* R. `% B- _
worth!!".- d( @4 V5 Q" z; J4 J" P- h
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Well, summer has come, and hard times at Nortel continue. , }; t) d8 U# e
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
' w, q* P8 y1 ]; m4 hthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
0 M2 e" \ ?- m/ u% ?$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
0 r7 s' U& A/ o9 t; F) N; b2 uneeds their friend's during rough times), and as luck would have" z) ~. h8 K L
it, there were two bottles of John's beer left. John, being a good,+ R1 k/ ^8 U% r, p2 a7 h
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated : j" G! D8 D) A/ K1 x f- N
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I # c8 j: K \, U5 g/ m' c
got fifty bucks back out of it - you have nothing now.", he said. 1 @% j2 L; R2 H- _. K( C7 Y7 y. v
) z2 ~/ Y* U% d% Z, o" i"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
* M% n& r4 s- f e5 {+ h! \8 tadded as his other friend with
) k' P) C) P! N5 Q+ Ithe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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8 p! O$ \4 r5 K" d/ fUpon arrival at the beer store, they unloaded the empties, feeling a
- L# L$ f! Z- s/ v$ `# a. @little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
' ]; T2 S( j k" A% ~) R0 `- wbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
; J2 Z% M: N ?9 w7 \he handed him the money.
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n" F$ Q* R: ]) {Jim was speechless. Poor guy. Can you imagine how you# o% e5 D! s, p5 C! x
would feel if you just discovered that over the course of the last year, your $1000 stock investment $ j6 ~* n: T2 I7 T+ O- T% {
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. , E; d! ?- [( x8 F) l9 {1 }0 _
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I'll leave it up to the reader to come up with they're
) J" J. r K- L0 I# T0 oown "moral to the story"./ m+ y7 N. h' b( S+ [7 F% E
5 H3 o9 @$ v E/ B( V, }Have a nice day, and happy investing. |
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