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原帖由 如花 于 2006-10-23 13:23 发表
% t; {" t9 w' E9 h% I如果是买了nortel呢? . `; p+ G9 p1 k7 Z- V+ g
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work , a+ Y! N* Q/ t' Y7 I
for Nortel Networks, where in the summer of : m' W3 M" e* D- m2 `. {
2000, there was LOTS of money around for bonuses). ) O0 ?) L6 S0 ~+ P7 Y1 N
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Jim, being an intelligent, financially concientious person, put the
7 `3 @+ @% @5 h' D' Twhole $1000 into Nortel Networks stock. With his $1000, and the
% P" p4 G2 U! ?# jtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 8 K% H* q( m8 a; L: J
Nortel stock climb and climb, he, t/ I/ N! q* A0 @ v5 B1 j9 a6 h! o
felt very good about this investment, happy that he is preparing for the future.
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John, being a more care-free sort, did something slightly different * H8 p' h; d7 j, t8 J
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
& p4 k1 p. J* O' m' Jpurchased 33 cases of beer. John also
3 P* y% @9 q. S6 z/ yfelt very good about his investment: 33 cases x 24 = is 792 bottles
8 W+ Z( E3 J! h6 a* `1 A2 jof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
$ W+ t" }2 k. x9 e6 U+ Tcalculated that he could drink about 15 " Q% _8 P4 ~ r0 p8 h! o
bottles per week, and he wouldn't have to buy beer for a whole- l$ Y2 T4 b2 ]4 E# q
year.; D. _; w% l# G& |6 @+ H" L
5 d. R' x$ @; Z7 N, ~1 o. z: AJim, of course, was appalled by John's purchase, and berated him
# r3 s) \5 X& ^constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
3 i1 J7 p$ j+ [( n& fdwindle. "It'll go back up", he'd say to John.
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John, who has been reaping the benefits of his investment on a daily2 T, r- |. x# Z% v- @& t, \( Q
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 " \3 ^, S. m- p9 Y% A9 d% J
noticeable 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
) d) v1 k8 k7 I8 Dabout half gone. Jim, being sure that the
$ U& ]8 C8 \+ a% j* A( t# xstock had hit rock-bottom, still was berating John for his frivolous
9 P: e- U/ ^% w3 {; P) ipurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be ! m; S% ~' U* \0 r+ Y
worth!!".
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Well, summer has come, and hard times at Nortel continue.
r) Z! r$ L& b Y, IBad news: Both John and Jim have been affected by the layoffs.
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# a8 O" t* R, w( G6 C1 d: m, sLast week, in order to raise some cash to help through
- _+ y; M' g6 [7 l+ E6 Nthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the / K* C1 s l# \! a# X& }& H: L0 v
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone; t- j. X* j; a3 n' |5 A
needs their friend's during rough times), and as luck would have% I9 l. N& Z+ J1 b: u
it, there were two bottles of John's beer left. John, being a good,( h* B& g" F1 n( A% D
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
% ?+ J6 b( o& Z+ T2 C, Cthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I # d! h+ N5 [( r( Y4 f$ l6 u/ t$ U5 G
got fifty bucks back out of it - you have nothing now.", he said. ) @+ w1 z% ^7 R6 f5 q
8 ^2 s! D% H' a l6 z# r"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
# o S1 @2 s9 _* \added as his other friend with
5 x' ]8 x( u) Z1 E9 x5 `& vthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.6 d9 c* d4 M) S L2 j
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Upon arrival at the beer store, they unloaded the empties, feeling a4 _" x. C9 H5 K( q
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
7 b# B5 a. I5 }. W' c% ?% Gbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
3 R, p. [+ }* u- b" R( c/ ]9 Khe handed him the money. / x Q6 D" f" U+ z! r/ ^
' X1 s2 p' `1 W' B* RJim was speechless. Poor guy. Can you imagine how you* H6 ~! ^: v' l. [8 X8 J
would feel if you just discovered that over the course of the last year, your $1000 stock investment ( o m9 S1 k( \
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 9 p) `- L$ w" Y% N- [7 W+ g4 u
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I'll leave it up to the reader to come up with they're
6 S5 V5 S9 P. d1 M3 y7 fown "moral to the story". q7 a$ w7 Q; ^
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Have a nice day, and happy investing. |
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