 鲜花( 0)  鸡蛋( 0)
|
原帖由 如花 于 2006-10-23 13:23 发表' \* H5 Z1 u9 z) }2 |$ l. s9 C/ H" p% q
如果是买了nortel呢?
9 a/ _$ ~- t5 u4 }+ m/ g4 j- c* G2 I
On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
7 |5 z' o) U+ E; f% k6 ]for Nortel Networks, where in the summer of - Q8 i6 a f& R
2000, there was LOTS of money around for bonuses). & L; Y5 M+ n, x! M0 Q" @
% G/ c+ L2 u) J) f% {' }Jim, being an intelligent, financially concientious person, put the" O r6 [& h6 h6 m% X
whole $1000 into Nortel Networks stock. With his $1000, and the
% \6 W3 ~3 Y7 H" R0 }transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
. Q7 U" m: {$ X2 Y# ]0 YNortel stock climb and climb, he
[& z7 P7 C& q- b0 y- Pfelt very good about this investment, happy that he is preparing for the future.2 \0 c% ?8 ~! d, K6 t
1 d4 I# n7 [1 |0 ~; S6 ]* z' [6 [John, being a more care-free sort, did something slightly different
3 {/ h4 d% m$ b% ?, I+ A9 T3 _' Cwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
: ]) P O$ g0 I1 Qpurchased 33 cases of beer. John also
0 Q) N; G# @3 B- J! G1 W+ Y* B& {felt very good about his investment: 33 cases x 24 = is 792 bottles
1 P% G+ \1 K* D+ E; |) u7 \" aof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
7 V7 X# S, d9 L# u1 ^calculated that he could drink about 15 9 t, b6 S8 n2 K3 z* q
bottles per week, and he wouldn't have to buy beer for a whole
" @& x) l* A1 i* x/ {1 i" o% Ryear.* L! f k* a0 k4 t: {0 D
/ N+ h* G) g4 fJim, of course, was appalled by John's purchase, and berated him
) W# p9 q" _. x# w9 W9 X8 V1 Hconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 5 ]4 r3 r3 ]/ f9 u
dwindle. "It'll go back up", he'd say to John.
& G/ b' @4 g: b3 a
4 Q' w( X ~3 p( u- N) C; Q) I* ]John, who has been reaping the benefits of his investment on a daily6 {$ }- P: p2 h; n% l3 W( Y
basis, would reply, "Ya, it will. Hang in there buddy".
! @7 U/ f0 o) C$ ~9 @
& v" N+ V- k1 e7 i2 \8 b) E. ?- AMonths went by, and the value of the stock continued to fall, and there was the beginnings of a 6 ?! B: v, v3 t* _8 j I" V
noticeable dent in the beer pile.
7 m+ A. E9 q! Q8 |9 L3 f \+ R6 ^5 s& p$ h7 |" k3 U! j2 A
Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
: }0 @: W* A) c5 u. Qabout half gone. Jim, being sure that the9 M R+ }. [) d7 y$ f7 X
stock had hit rock-bottom, still was berating John for his frivolous) _0 Z& n8 j8 u: |" U# I. g6 a5 P, J
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 4 ~. n+ q1 ?; K8 W
worth!!".) E; c0 Y2 H S& B ~ @# t* n
, G& a: G: @, P/ Y1 ]5 fWell, summer has come, and hard times at Nortel continue.
# V+ \% E# b8 R+ |# ABad news: Both John and Jim have been affected by the layoffs.
2 ]5 K& p8 S* P8 c. a9 Q% l; Z: S7 U/ {: V4 d3 B
Last week, in order to raise some cash to help through0 ] {: }* |' x9 `, z$ @
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the _( V9 J( d6 g
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone+ I& N- k* `+ v1 C6 A0 t0 e
needs their friend's during rough times), and as luck would have
: |, {! h# h3 z( ?it, there were two bottles of John's beer left. John, being a good,7 L" [6 Z6 f* ^- E
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated ! J- ~2 `7 P/ f# l5 r
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
/ Y: h; q" W$ Jgot fifty bucks back out of it - you have nothing now.", he said. 8 d/ M" W8 {) w# ?
" t$ S1 ]2 R4 F, |' Q- j$ p"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
% ~+ w0 I+ P) u4 |added as his other friend with* \" }" p2 U3 M2 T7 k0 y5 d! s. O' @
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
. b: P7 P" c" u; m6 ~; g- E# P0 t0 G! ~# _
Upon arrival at the beer store, they unloaded the empties, feeling a
9 H& \4 A3 W/ o& ylittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 3 P9 g9 f# R6 [4 W) G$ V5 V
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as( u3 F9 F( W8 o* N N
he handed him the money.
8 k# j) x0 {, D) r( t3 ~$ ~* w% L9 ^- g( w
Jim was speechless. Poor guy. Can you imagine how you7 C1 ]( ]3 q8 H. g4 m1 U
would feel if you just discovered that over the course of the last year, your $1000 stock investment 9 D4 ~& b% [ t$ y* T
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. $ t, U. k" N0 y8 S$ x- z% R7 P
' [" x* r3 V# _# A+ P; xI'll leave it up to the reader to come up with they're6 W: a8 C7 h: q( U: V. G
own "moral to the story".
0 P2 f2 a$ N3 h
% u4 v5 |% y- [- u+ X8 XHave a nice day, and happy investing. |
|