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原帖由 如花 于 2006-10-23 13:23 发表 [) { W6 W. E0 q
如果是买了nortel呢? 5 ?9 ?) g+ r- y
- k* z4 W- R' s: }& l% |& rOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
+ m/ q8 O2 ?+ r( L# ~for Nortel Networks, where in the summer of
, ^1 {0 S0 I9 p: {# P' u2000, there was LOTS of money around for bonuses). % o) R( m! A% N' U3 }5 E5 `+ g
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Jim, being an intelligent, financially concientious person, put the0 k9 Y7 K- [1 I% T: T
whole $1000 into Nortel Networks stock. With his $1000, and the
; L" C4 g7 U1 gtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ; S7 s# Q5 V0 i6 S+ \# R& T3 J
Nortel stock climb and climb, he
' [, J! J U2 q3 B+ Bfelt very good about this investment, happy that he is preparing for the future. Z% ^3 U! l- }5 p
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John, being a more care-free sort, did something slightly different , I) |+ L& B# n- h( K
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he " D2 E! @0 @6 ^# y
purchased 33 cases of beer. John also
* x/ ?& P8 K% ~$ B+ K9 v _( s4 |felt very good about his investment: 33 cases x 24 = is 792 bottles
+ ]3 u& F# S* q- Y0 ?" eof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, , y/ _# T2 s$ u% ]1 U5 d& v: t
calculated that he could drink about 15 # G( M$ p* J4 m% e
bottles per week, and he wouldn't have to buy beer for a whole0 N+ c- r, I5 S1 f& l; f1 x
year.
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Jim, of course, was appalled by John's purchase, and berated him2 X2 h) i1 w5 B
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 1 c# n0 Z& I2 ~
dwindle. "It'll go back up", he'd say to John.
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& r$ l/ i" N9 U2 FJohn, who has been reaping the benefits of his investment on a daily
: a% u( h4 s- X) y4 ~basis, would reply, "Ya, it will. Hang in there buddy".( x! j! |- Z( M3 L% A9 y3 Q
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
' p8 f! ~5 g8 o7 W3 D( V& Onoticeable dent in the beer pile.
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: _1 Y# ^; p6 B2 H* R* CMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
( D* p }/ u6 H3 v _$ pabout half gone. Jim, being sure that the
8 S0 p5 z3 w% h" g1 d: ]! ystock had hit rock-bottom, still was berating John for his frivolous
" F" Y! K n) b5 i& Lpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 9 z9 L. R3 t9 ~3 H0 b6 w* {
worth!!".( A- i9 E$ V i7 J
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Well, summer has come, and hard times at Nortel continue.
3 Z1 X0 W# v7 |. C g0 ?" ?3 Z _6 jBad 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- ]4 }0 h, I( U& M1 |6 Q
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the & ~5 H/ @/ _ S% s% Y, F
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone- g- D# M0 I. l
needs their friend's during rough times), and as luck would have
$ ~/ \# j1 |; L7 o# j2 n+ d9 iit, there were two bottles of John's beer left. John, being a good,* i4 z3 ~7 o9 C' q o! q
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 4 e1 ]( S) M# Y7 ~$ |) C
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 2 l0 D1 Z6 E; ^7 D' j9 Y3 G# `# I
got fifty bucks back out of it - you have nothing now.", he said. 1 P& i' v2 y& f x0 R5 y8 r% W
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
0 M; x2 X9 W+ V0 v3 A! H* Oadded as his other friend with
) [1 Q( H0 X% G" s( K; d' x" jthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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9 ]+ w3 t7 e1 r6 S/ X Q- o v% u- vUpon arrival at the beer store, they unloaded the empties, feeling a8 c$ ]. F& b+ ], x1 C
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 6 p9 r5 _9 s% e/ _5 |
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
+ S7 i0 O7 S8 u- zhe handed him the money. ! Z3 ]# i& W2 j# s# q3 U
1 i1 O6 \& D2 a" o' f( y. UJim was speechless. Poor guy. Can you imagine how you
; ?& ]; G7 f- T/ `1 Vwould feel if you just discovered that over the course of the last year, your $1000 stock investment 2 w1 l( G v# ]1 I# d
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. $ o( X! U1 y5 \: X5 |
# n6 f4 E" s& W$ S$ SI'll leave it up to the reader to come up with they're6 C- W* ]9 X* O( ~: l
own "moral to the story".
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8 ]8 ^# m, I) ?( r( ZHave a nice day, and happy investing. |
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