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原帖由 如花 于 2006-10-23 13:23 发表
& w/ g4 @( Z/ T4 f; l. r; ^( }如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work - N! P$ O) Z7 s7 D" V: s
for Nortel Networks, where in the summer of 0 g7 h0 [0 d- I, V
2000, there was LOTS of money around for bonuses).
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- E) J5 v, y- q1 AJim, being an intelligent, financially concientious person, put the/ G: O' n, o# j) I. j2 _
whole $1000 into Nortel Networks stock. With his $1000, and the, V* h( r. y1 x0 b/ [7 g
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the + n& A. ~' z0 G8 a9 J1 D" @
Nortel stock climb and climb, he7 p2 q* Q) i1 a1 t( z! j4 j
felt very good about this investment, happy that he is preparing for the future.3 v) A5 G1 [% f2 J, C0 a
: x' y* [; C. k2 Q: |: HJohn, being a more care-free sort, did something slightly different . f6 Q. H+ v" T# b" s$ c
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
) `4 z; b! U! V j4 @9 ], Z Gpurchased 33 cases of beer. John also. j1 p( K5 s: j# m9 V" ^
felt very good about his investment: 33 cases x 24 = is 792 bottles/ f, K: J# m: f0 x
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 3 N4 F0 [* c. {' P+ I; k: o. z
calculated that he could drink about 15
. y+ t) m3 d( p* L$ t" Q$ W! o4 G2 Pbottles per week, and he wouldn't have to buy beer for a whole
& i$ i# w% ?1 ]: vyear.
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% J1 p3 h$ B; \; S6 v4 bJim, of course, was appalled by John's purchase, and berated him6 z$ K6 d! }) q' l; J( b. _/ ]
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
* H3 h7 a$ b2 `# Z$ X& w- V6 y' Ldwindle. "It'll go back up", he'd say to John.
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John, who has been reaping the benefits of his investment on a daily3 W/ F! C& K2 l; U4 n7 P% t
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 ) q$ @. U" Y! }1 a3 j* R
noticeable dent in the beer pile.
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- U$ b- l% {, J- q- ?6 pMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
/ f( j4 b( ^ h" vabout half gone. Jim, being sure that the
. v9 K4 t. e3 [* I, Mstock had hit rock-bottom, still was berating John for his frivolous
# h$ Z6 j: h- ^1 C) rpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
3 b7 A2 t; y% ]& }/ x% J8 ]: Mworth!!".
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Well, summer has come, and hard times at Nortel continue. 7 _' m- @' }- e1 {* T+ X
Bad 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 through
7 Q' k/ E4 c# vthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
" g5 W2 H- @5 k5 x) m; p$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone' u, P3 P; n6 A) W4 [
needs their friend's during rough times), and as luck would have5 D4 K6 b. p6 U, T& }/ f& ^) I
it, there were two bottles of John's beer left. John, being a good,8 l6 ]' U- J9 D+ y9 S
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
0 P6 A( C2 X+ M, X5 n4 Cthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
) i* L% ?+ e, Kgot fifty bucks back out of it - you have nothing now.", he said. 4 a' O, V0 r1 H1 @# k6 M2 N
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he
6 v$ e- [6 S3 Q' Eadded as his other friend with% v" l D& n$ }% P2 x
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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9 H, ^# q, J; KUpon arrival at the beer store, they unloaded the empties, feeling a# x( ~% E. f, k B1 T: k% R" t
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 ' ?# W" }- B; h" M' J- L+ }
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
4 T- x7 `3 ]% H+ o2 x u% N# t- }: jhe handed him the money.
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5 g& h$ l3 K2 a, S( _7 eJim was speechless. Poor guy. Can you imagine how you
( C. P6 p( U$ G( s) ^4 M2 Awould feel if you just discovered that over the course of the last year, your $1000 stock investment
7 J0 d1 x4 v- \left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. # G" b; i c5 l8 e$ \# y3 o6 o/ N0 b
; Z1 J5 }+ x' H9 H JI'll leave it up to the reader to come up with they're
, \0 z. Q: S, U3 \# L! zown "moral to the story".
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Have a nice day, and happy investing. |
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