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原帖由 如花 于 2006-10-23 13:23 发表5 Y# Q& p9 \% T( o" }4 a; L3 o
如果是买了nortel呢?
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; }' `' W( p) LOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
: d) R$ ~$ N% ufor Nortel Networks, where in the summer of
/ X4 b* q- ^7 u+ ^2 r: m* n5 _2000, there was LOTS of money around for bonuses).
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5 g2 o& Y4 `# Q2 d8 XJim, being an intelligent, financially concientious person, put the5 Y, L' w. J2 w- d- ?; k2 Z
whole $1000 into Nortel Networks stock. With his $1000, and the
, ]0 \6 j( U5 v0 Ytransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ; v- g. J; M# z S- }
Nortel stock climb and climb, he
0 v# x! M& x4 k$ {felt very good about this investment, happy that he is preparing for the future.: g! r" X" x5 q Z: z7 L+ y
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John, being a more care-free sort, did something slightly different
$ G' C# ]; `- z0 Q ~with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he ! G9 e5 ^$ h w& s) J
purchased 33 cases of beer. John also( e+ e+ f/ {: Q) G
felt very good about his investment: 33 cases x 24 = is 792 bottles: e& ^8 ~' g! c1 _2 o( Q- w
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
9 n1 e1 L# B9 X( l% x4 Ycalculated that he could drink about 15 , t; f5 n: y7 w( r2 g0 A& |
bottles per week, and he wouldn't have to buy beer for a whole9 L: z6 q- f% w
year.
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Jim, of course, was appalled by John's purchase, and berated him
2 ^2 F2 T* Q1 h n; \3 L* aconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
0 e; K# x8 X0 B3 }1 L* _: P$ Adwindle. "It'll go back up", he'd say to John.
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, x9 J2 ^8 P* D# t0 YJohn, who has been reaping the benefits of his investment on a daily% ^1 `3 w8 E7 S: V
basis, would reply, "Ya, it will. Hang in there buddy"., n7 r4 d# M) P
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
! R) k4 {0 a6 T/ r0 ^noticeable dent in the beer pile.+ k: v$ Q. F8 e) Y' U
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was + O- I% v/ A+ s( P+ I
about half gone. Jim, being sure that the
. h7 ^5 d0 a1 s @# Y8 _! Bstock had hit rock-bottom, still was berating John for his frivolous
! }, Y9 }2 c( I: o/ G! z" B' npurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
S0 n* A0 Z9 E) d$ [worth!!".
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0 X5 `$ F5 Z' u3 z( m% f" cWell, summer has come, and hard times at Nortel continue.
( \ `/ s6 d" ]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
' a: M& h2 l! `: athe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 3 z( }5 G; j+ w/ N! }
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone6 X; d5 ^! q/ c! t2 g G
needs their friend's during rough times), and as luck would have1 S7 V6 ]; m7 m
it, there were two bottles of John's beer left. John, being a good,1 z( S. l/ ~: [0 E2 J
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 5 M5 M" y% j8 \: x+ e
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I & ]/ S- j! n& B1 M9 r" H6 G6 S! O
got fifty bucks back out of it - you have nothing now.", he said. 0 b! z8 b- E2 T) F1 H1 E3 a
* u& y# k2 p v8 Q' d. a- L" h"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
# {( k1 I" ^$ h* q" ~7 d+ Fadded as his other friend with
; ?4 ~; a% s' C4 L+ ]5 f2 }8 u6 q4 ethe 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 a
) a+ ~; c& n7 S$ ^" E7 `$ D3 glittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
! z1 C" b7 W7 D% Nbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as! ]) P% V$ f* V: |1 ~4 Q
he handed him the money.
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0 }( D3 k' B( s6 S! CJim was speechless. Poor guy. Can you imagine how you2 A4 Y: L+ F+ `+ D
would feel if you just discovered that over the course of the last year, your $1000 stock investment ! u9 @6 d! A$ w e
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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' p. B! U+ G% T I4 O8 o! ~I'll leave it up to the reader to come up with they're( J: C5 A/ x2 g
own "moral to the story". \# [0 S+ o' I0 W& l% ]
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Have a nice day, and happy investing. |
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