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原帖由 如花 于 2006-10-23 13:23 发表+ g8 _ s# w. E2 [/ H* a
如果是买了nortel呢? # W+ |) i. ^7 c; t% m' Y
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
% d" d* b* I; i& xfor Nortel Networks, where in the summer of ' O* l* z/ E( A5 s0 `5 U1 k
2000, there was LOTS of money around for bonuses). 4 N% D6 Z, }. P
5 N" L( G9 Q |- g- W0 mJim, being an intelligent, financially concientious person, put the0 x1 L/ z: S, K' _9 w* ^/ T
whole $1000 into Nortel Networks stock. With his $1000, and the! A) r2 F& Q9 L% n
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the " U$ Z8 Y7 y* d6 n1 L
Nortel stock climb and climb, he
! f7 [0 L5 E2 N6 ^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
, O' S. F5 H# O9 K2 }with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he , n/ ^' a( `3 G0 x
purchased 33 cases of beer. John also, _$ A" W' I6 d7 a- c0 ^9 N" X
felt very good about his investment: 33 cases x 24 = is 792 bottles
5 z" I# E, K# O/ a; q+ t8 l2 A8 Oof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
; _* E- ]7 e% v5 r" e3 L- z1 D; K2 Bcalculated that he could drink about 15 t, h0 X5 @9 @ ?) Q0 W
bottles per week, and he wouldn't have to buy beer for a whole1 S8 B' W) n0 v' Q! c' D0 k0 M
year." n, @+ D7 z4 ?* M6 R) h0 c
$ u3 H! B- f- h/ ^: l, HJim, of course, was appalled by John's purchase, and berated him
- E1 \8 T B6 I tconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to / N8 C" s; J4 |0 s! a
dwindle. "It'll go back up", he'd say to John.
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4 h( m1 u4 R0 y, LJohn, who has been reaping the benefits of his investment on a daily
2 A, Q! }# o5 O/ U: P/ |; e T; v: [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 5 q! I/ U! _' Y9 K# k6 f! u
noticeable dent in the beer pile.
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( l7 Y( O2 B" QMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
; Y5 Z; {4 D5 \3 fabout half gone. Jim, being sure that the% u+ A) v3 U$ N( y \
stock had hit rock-bottom, still was berating John for his frivolous
; R1 P, p1 x* b! S# v! S9 Lpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
& A9 {. g6 Q0 d eworth!!".) B c6 e; z( }5 T/ R
2 F) T# R- d6 j8 sWell, summer has come, and hard times at Nortel continue. + U7 q# ~4 n' Y i$ ]
Bad news: Both John and Jim have been affected by the layoffs.4 J% B- ]+ H2 h' V& X
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Last week, in order to raise some cash to help through v$ i; C8 Z# B2 Y
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 7 I) |7 P9 V X! y. d5 J8 h& I
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone/ V9 h2 X+ s: T, @( M
needs their friend's during rough times), and as luck would have# p! M2 b: I& S4 i2 ?% H1 s
it, there were two bottles of John's beer left. John, being a good,* w: i3 F7 X0 S; ]
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated & E8 ~5 {. F7 @/ D
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
8 q1 `7 h# v/ d: ]4 G4 |got fifty bucks back out of it - you have nothing now.", he said.
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$ K) W: ^& E8 W"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
& @: N& T4 v/ G' }5 ]added as his other friend with
0 p- D7 |# v7 a' _! R) Jthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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% L9 u1 T$ X! X1 q9 MUpon arrival at the beer store, they unloaded the empties, feeling a+ i; c$ p+ z7 ]) i" I: y% ]' z+ d
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
5 U3 j/ J" D/ }$ c0 f- o- D( rbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
4 O/ O- {4 l" y, Y* Y3 Rhe handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you
" `+ c5 Z; A3 \0 Hwould feel if you just discovered that over the course of the last year, your $1000 stock investment
. ?* R: d) ~7 r, m# @* _left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're' {% ?7 a& T" ^: {3 c+ m, X" X
own "moral to the story".2 l. m2 P" X! m4 z% H
# H. S3 Y" Y% D" O v/ G# sHave a nice day, and happy investing. |
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