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原帖由 如花 于 2006-10-23 13:23 发表
/ g0 P3 H5 ^7 f如果是买了nortel呢?
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/ D" V3 N% Q9 W" j7 e1 n1 kOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
. I3 L# N# n2 \" J" cfor Nortel Networks, where in the summer of t4 ]7 ]" {: S4 A
2000, there was LOTS of money around for bonuses). / B! u! X' E0 I/ |2 i
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Jim, being an intelligent, financially concientious person, put the- e* Z+ ^# L% Y3 Q% ?6 v
whole $1000 into Nortel Networks stock. With his $1000, and the
* Y; P& w# F& t' t# K, Dtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 4 {# j. ?! l5 i- H
Nortel stock climb and climb, he8 J, q$ k4 d0 E2 V2 e
felt very good about this investment, happy that he is preparing for the future.$ @9 U" c2 |% @8 F9 S9 v% r7 H
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John, being a more care-free sort, did something slightly different
, R2 m u$ T6 v+ A0 P- cwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
6 x: P+ @' _3 o% d- I0 Hpurchased 33 cases of beer. John also
& [" K* m) F/ m+ e+ N9 \felt very good about his investment: 33 cases x 24 = is 792 bottles0 C4 g+ @& a1 y& V1 [
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, ' y" q# `; @& u! ~9 o+ M
calculated that he could drink about 15 2 e4 B5 @/ u3 F
bottles per week, and he wouldn't have to buy beer for a whole
0 K: f6 Q1 P) N) w( M3 q0 Q) g6 Hyear.6 n; E% M/ ^7 P9 r3 R" }
+ C2 _. H3 L, n+ z# oJim, of course, was appalled by John's purchase, and berated him
$ Y3 i9 G+ I6 ?, [1 _+ Oconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to ; }% e# t( k3 }4 O, b2 Y% k9 K% w% T
dwindle. "It'll go back up", he'd say to John.5 n" u" F) |- w; p. z
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John, who has been reaping the benefits of his investment on a daily
; C/ o! E6 V- W7 N m; E+ ?basis, would reply, "Ya, it will. Hang in there buddy".
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
. S1 V6 i1 `$ V$ T7 _5 I% Cnoticeable dent in the beer pile.
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
# O8 B; C1 P7 A! e9 P1 [about half gone. Jim, being sure that the
0 l) Q% X% ~9 ]7 n+ Rstock had hit rock-bottom, still was berating John for his frivolous* n. k$ i/ I+ X6 h8 }
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
7 r' y$ [. _) D* ?& iworth!!".
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0 ]* m. `1 c& C& s; q E; v4 I: Z* nWell, summer has come, and hard times at Nortel continue.
: N. h3 A# D6 f' q; OBad news: Both John and Jim have been affected by the layoffs.
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! E9 E2 H. L9 U' i. aLast week, in order to raise some cash to help through
7 v+ S/ ?) b; R4 y/ }, b" Lthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the : ~3 v1 N# U( A1 y0 \
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone' s- t n7 y$ f6 v# {: C, o
needs their friend's during rough times), and as luck would have
3 t2 V* X7 ]8 l w2 `7 G, Xit, there were two bottles of John's beer left. John, being a good,8 x3 o, f& c& e* c: D
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
2 a- a5 G9 c' Ythe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I - b, l2 c3 @" u# F! r) C
got fifty bucks back out of it - you have nothing now.", he said. & T% M6 m" x; q" I* y
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he 4 w& [+ a6 X" h, U
added as his other friend with1 O( s$ M! p5 f7 k) }1 b
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.. k8 ^. [3 s& [) @7 C! ?# K! j
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Upon arrival at the beer store, they unloaded the empties, feeling a
. O, G$ i; g5 E, v: c0 Rlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
7 c1 i% o7 i l. ]+ fbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
$ }' h+ g. B: P) Y0 z6 n& Yhe handed him the money.
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6 a) z0 o" x9 b0 C$ g) r4 mJim was speechless. Poor guy. Can you imagine how you
' k" m% `# E6 t7 ?+ P. O" hwould feel if you just discovered that over the course of the last year, your $1000 stock investment ( O# C' M4 S+ M: |0 c. Q' ~* @
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 0 w" L! f2 k7 H: |$ I
: R( D6 Q1 t5 L z: L7 k; w; X7 MI'll leave it up to the reader to come up with they're
; d7 _: J2 T" Z" xown "moral to the story"./ [$ M M4 {+ H# B* p
, R) F# b6 v9 {1 @' `Have a nice day, and happy investing. |
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