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原帖由 如花 于 2006-10-23 13:23 发表, u) N5 \: _* f( q, j# c
如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work + Y! x' W z. u5 L. W1 N
for Nortel Networks, where in the summer of
/ Q' A" u, ~% w0 V3 G! Q/ p2000, there was LOTS of money around for bonuses). $ p# n6 k5 x/ {( @6 @
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Jim, being an intelligent, financially concientious person, put the
- U3 Z: ^; G5 S5 twhole $1000 into Nortel Networks stock. With his $1000, and the4 @: Y4 z: M" z3 N
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
) [7 F4 Y2 i5 C- H1 L9 O6 yNortel stock climb and climb, he$ V( |/ o) O" f
felt very good about this investment, happy that he is preparing for the future.( v7 |+ K$ A: g$ G) a" i
6 p# d, V& K5 j0 o! zJohn, being a more care-free sort, did something slightly different
* L# d# v6 t4 ^* Pwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he " K2 e2 e5 O. s8 u0 i6 m* q0 u* x c8 l
purchased 33 cases of beer. John also. G+ ?; L$ s6 E
felt very good about his investment: 33 cases x 24 = is 792 bottles3 g! U* U# f3 Z6 g# K, E+ I5 K; t
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 8 ?6 S% |6 z& c# h
calculated that he could drink about 15
9 h" w: ]: m8 ~/ C* xbottles per week, and he wouldn't have to buy beer for a whole2 ?0 w+ O; K& \, o7 S
year.
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8 c) x3 ^# |4 mJim, of course, was appalled by John's purchase, and berated him
3 G% d+ R0 x$ U7 C! l$ K0 s* M& Dconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
) Y4 |' d- P$ Mdwindle. "It'll go back up", he'd say to John.
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/ b" n1 P9 c& w6 B6 dJohn, who has been reaping the benefits of his investment on a daily' f H: @$ F" n8 b1 m! h6 j
basis, would reply, "Ya, it will. Hang in there buddy".
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( l+ F1 V( v. b* xMonths went by, and the value of the stock continued to fall, and there was the beginnings of a 5 P: k1 y' C) J% K0 n: h
noticeable dent in the beer pile. P8 c! {5 _0 m- [( g+ l
( q# d L l3 x, C# h. U$ gMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
2 }& Z3 O A2 s: X0 [1 `about half gone. Jim, being sure that the
5 r$ O( r! Z9 h9 h1 H/ W; C$ Cstock had hit rock-bottom, still was berating John for his frivolous% M0 a! N7 a. I6 R
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 5 J ^4 Y% ?# U" F' _
worth!!".$ y1 _. a! T# \3 P, T) H
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Well, summer has come, and hard times at Nortel continue.
& Q& T$ @; a/ GBad 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 through4 X- N8 y# Z, M! ]9 D" X0 ?
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
! @; n8 a& y2 I' u* Y$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
$ `* \* \; g# {% }7 x5 Eneeds their friend's during rough times), and as luck would have
' l5 `0 M5 q& `% K0 Dit, there were two bottles of John's beer left. John, being a good,6 f/ `4 D# N8 {
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
" m- ]! J; D, t. i; D) m0 r* ?the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
) z8 J" h) c/ lgot fifty bucks back out of it - you have nothing now.", he said.
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
0 I$ _5 ^8 x8 ]' l0 L1 I: i+ Cadded as his other friend with( y: i. l7 g" ^
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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9 Q9 H7 s9 ^8 o7 EUpon arrival at the beer store, they unloaded the empties, feeling a
& Q$ j( w- }- k: O3 v, slittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
- A, j5 o8 d# M9 Z Dbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
5 y( D' @/ A+ @ |" ^he handed him the money. . ?2 K: K4 a F( i
" P6 b% ], U+ Z( `3 L% kJim was speechless. Poor guy. Can you imagine how you
/ {$ u. \ F, {would feel if you just discovered that over the course of the last year, your $1000 stock investment
4 O! f! s8 h- [9 Nleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. 8 V: p- q9 E8 w+ ~
4 G% e+ i. @7 F- RI'll leave it up to the reader to come up with they're
+ y. P6 m) d) l4 ]+ i4 pown "moral to the story".
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Have a nice day, and happy investing. |
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