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原帖由 如花 于 2006-10-23 13:23 发表
+ Y2 l& G0 d4 W8 Z& ?如果是买了nortel呢? 1 {4 Q! D: v0 T% Y0 W
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work : U7 j8 N+ ?( H) ~, r3 {# I, i
for Nortel Networks, where in the summer of
1 a2 i0 `6 d/ q; J2000, there was LOTS of money around for bonuses).
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% u5 b0 O# r$ O& ~' b6 eJim, being an intelligent, financially concientious person, put the$ S$ h2 X; p; u+ w @
whole $1000 into Nortel Networks stock. With his $1000, and the% \0 n3 n$ n8 R6 `4 {- o' B( k
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the & q$ Z: y7 y- ?1 C4 D. M9 [
Nortel stock climb and climb, he1 H1 h; [( _9 ]/ [& n
felt very good about this investment, happy that he is preparing for the future.
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9 `1 p$ \ Q0 G9 _0 N& NJohn, being a more care-free sort, did something slightly different m# R5 X2 H' N7 r( G& T
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 1 ~" ~$ ]7 I" b8 w5 _8 `, z% D
purchased 33 cases of beer. John also
" L- w* k8 f' A+ A3 p: sfelt very good about his investment: 33 cases x 24 = is 792 bottles! H8 z+ E! l$ i. _% c3 h/ h+ X
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 9 f* V/ [5 D, b6 k
calculated that he could drink about 15
$ Q( r$ V- `2 m) w) E" `bottles per week, and he wouldn't have to buy beer for a whole
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Jim, of course, was appalled by John's purchase, and berated him4 {! v5 n7 u+ |
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 1 G9 E5 P/ w: o/ _4 n7 {
dwindle. "It'll go back up", he'd say to John.
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. k8 N# U* I7 g. p4 L/ tJohn, who has been reaping the benefits of his investment on a daily" j4 E' Z) d. Z6 ~$ Y4 q: q
basis, would reply, "Ya, it will. Hang in there buddy".) p) T, K. H3 ^% Z
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
, [6 Q$ `& q8 n V1 `, @/ Lnoticeable dent in the beer pile.# S0 J) Y' m3 x9 j
) y" K3 \; }0 {Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was ' Q9 H2 Q% T9 @! n7 r# y; V: n
about half gone. Jim, being sure that the' y! P+ ^( R5 H c
stock had hit rock-bottom, still was berating John for his frivolous
% ]8 V6 }$ Y& Z. O+ {purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 2 I# V% P7 \! Y m* m
worth!!".
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Well, summer has come, and hard times at Nortel continue.
2 {) T9 @: _% gBad news: Both John and Jim have been affected by the layoffs.7 Z$ L; [* T7 j( a4 |9 p
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Last week, in order to raise some cash to help through
2 Z# Z+ G4 ?9 K7 f: } Qthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
Z$ L5 ~( f% ?. I8 y$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone! I6 M7 [& _$ I, u2 j
needs their friend's during rough times), and as luck would have
# [' t( B$ U) {- f. Y1 Y1 {it, there were two bottles of John's beer left. John, being a good,, [! L" H- p5 j* r9 J
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated % H; T5 u, i$ v* z& W
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I & l3 P+ K) o; N7 m3 S. i I7 m
got fifty bucks back out of it - you have nothing now.", he said. 2 c. [; n+ Q& G" L: t
& l) ~" G& T: |9 Y. w( B6 H"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
2 \, T: f/ x a* H2 padded as his other friend with
2 P2 w/ ]+ J: M6 f: F# }/ othe 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* ?0 O, W. h% v# g# c1 [! O. w
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
, |9 ` S# x" U4 W4 ?' vbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
) g Z. ?, e& s) Y+ [. ~he handed him the money. " p: q% q. A! g* B
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Jim was speechless. Poor guy. Can you imagine how you
& k# V9 o: n7 P6 j& B5 Z! e4 B2 Hwould feel if you just discovered that over the course of the last year, your $1000 stock investment / z3 H! P8 N, ]- i$ l6 I
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. # A% @$ d& p% o3 D0 K4 Q
6 r$ ^' S2 L, D% g' K3 U& VI'll leave it up to the reader to come up with they're3 v" ^7 s- c4 ]) Y! K2 P
own "moral to the story".
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Have a nice day, and happy investing. |
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