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原帖由 如花 于 2006-10-23 13:23 发表
( s7 E5 g6 ?6 z如果是买了nortel呢?
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) ?1 ?8 J4 W0 F; w3 a: SOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
1 o+ [, s6 Y( r0 [) Q T: Zfor Nortel Networks, where in the summer of
+ m2 s0 s# y; `7 D' q2000, there was LOTS of money around for bonuses).
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: U& ~2 g6 h' ?" s6 WJim, being an intelligent, financially concientious person, put the
' f! X1 U0 g* n- s L; @8 q0 Cwhole $1000 into Nortel Networks stock. With his $1000, and the
5 b% J" e2 a5 M. w8 ]) Stransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 9 E' Q% a) B: ^ B3 }8 n& f2 i- m: t
Nortel stock climb and climb, he/ |8 O2 c. Q% A7 N; v2 @
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
: a2 p" ~+ {% x% _6 T" _with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
0 f4 m# g) ?' @0 ppurchased 33 cases of beer. John also1 y3 ?+ v# `! h: Y
felt very good about his investment: 33 cases x 24 = is 792 bottles
, T. J. t3 R+ G) hof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 2 M# G0 ]9 J* h' v0 Z
calculated that he could drink about 15 $ _5 C2 W, @& L- A
bottles per week, and he wouldn't have to buy beer for a whole: |1 u4 F/ X) C9 D) x- t
year.5 `" I* ]" o: Z, {& T) s
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Jim, of course, was appalled by John's purchase, and berated him
$ [4 Q* {; ~, q) ?9 p3 f7 J; d0 dconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
! t* l7 e: ^9 c% f o' `dwindle. "It'll go back up", he'd say to John.$ x& N, J2 P+ e0 c# F
) i5 Z2 C/ G7 a7 @5 _John, who has been reaping the benefits of his investment on a daily
- i9 E/ u2 V( u. Q4 ]5 b% Hbasis, would reply, "Ya, it will. Hang in there buddy".
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0 }) Z" M6 ^9 rMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
6 |) u- e o0 k& ?0 C( @7 ^7 p/ Jnoticeable dent in the beer pile.
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$ R( p3 \' }7 i$ a# K7 ~/ d2 w+ ^! c; ZMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was / e J2 Y' J- g1 l- i3 h ?- \
about half gone. Jim, being sure that the$ \3 H, I9 |3 _, |7 X
stock had hit rock-bottom, still was berating John for his frivolous
5 K) t2 t8 a$ lpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be $ J3 V# }1 N, ]2 e8 M2 o2 l
worth!!".1 E( e: l- S" V3 n
& C/ D0 ^" z, M* kWell, summer has come, and hard times at Nortel continue. 2 @& x: c2 L$ H& L" M
Bad news: Both John and Jim have been affected by the layoffs.% T; D3 P7 f/ F- M7 y6 ~% V
* |$ v6 U9 h* HLast week, in order to raise some cash to help through' W. \% e, j5 b/ U' ~- v
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ) G9 J1 q, C# ?/ X [
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
2 L& M# f6 [1 @4 Uneeds their friend's during rough times), and as luck would have6 ~! J8 w0 d6 n0 h
it, there were two bottles of John's beer left. John, being a good,
# Z0 y) g8 i2 o9 \5 M. ~compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
; q4 b5 F9 ]+ U9 x+ Nthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 9 x( [2 A8 t# m* {9 s
got fifty bucks back out of it - you have nothing now.", he said. 8 B5 ]4 ~$ [ D- q
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he / g$ R1 F3 [; u1 V# N% _1 C
added as his other friend with6 G) j' M; M3 U8 M- p
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.3 s+ t/ Z6 B4 D( G. e( B/ v4 n3 z2 f
& a) c* s( E9 |$ b' b6 RUpon arrival at the beer store, they unloaded the empties, feeling a
( w/ n7 Y: z( V, L% R0 Olittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 / ~6 v R$ J3 r) l+ ?! N2 o: ?
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as$ P5 G. P0 @9 s" s
he handed him the money. * e p# V) |6 i3 w
`2 v6 H9 f5 U0 R% `: u8 m! PJim was speechless. Poor guy. Can you imagine how you: K% ]% @% `/ U, `% V- T: g- M9 v
would feel if you just discovered that over the course of the last year, your $1000 stock investment , l# k5 j" w4 W, X
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. / K2 O3 @& w, O' V: R7 C
6 e- w( W% `/ P9 i6 \8 b) RI'll leave it up to the reader to come up with they're9 W& ~3 K! N. r
own "moral to the story".8 t0 o, I) U0 ^# T# [1 r
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Have a nice day, and happy investing. |
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