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原帖由 如花 于 2006-10-23 13:23 发表& _& V @6 f( k. ~$ D- s8 O
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 0 V% B3 c' V* G3 [
for Nortel Networks, where in the summer of
" _% P6 D, [# @1 L. O" P' W2 ~8 N2000, there was LOTS of money around for bonuses).
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( k0 i5 f! I0 n! A" K, T0 W! k! Q2 vJim, being an intelligent, financially concientious person, put the
# i7 ?1 ]- s. V, T! mwhole $1000 into Nortel Networks stock. With his $1000, and the
% y- n9 J* p* M) a9 O% m2 gtransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ) R8 h& J; f2 P: r) z
Nortel stock climb and climb, he
* h f5 G. C2 M; efelt very good about this investment, happy that he is preparing for the future.
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# F7 \) p ?, f* o T; [John, being a more care-free sort, did something slightly different e U+ h$ a1 L& G: H- w
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
m) P) S4 O6 B" Q; D5 Mpurchased 33 cases of beer. John also
/ t' l5 T" N% i5 H9 ?& ]" ~1 Wfelt very good about his investment: 33 cases x 24 = is 792 bottles
2 A" ?' S( s& ?4 eof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, : C0 v$ b U; q# C( o% k1 F# S
calculated that he could drink about 15
4 H1 B6 C9 K% q9 Ebottles per week, and he wouldn't have to buy beer for a whole% @* z; m8 y9 d. j$ x( j0 ~
year.
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, [7 m/ R& V; I+ Z7 ^# B. L8 B7 Z9 u5 ^6 gJim, of course, was appalled by John's purchase, and berated him
0 v/ ?' u& D6 \constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
* Z7 y' R! O u2 v- J- Sdwindle. "It'll go back up", he'd say to John.7 i( l! m4 ], K @( Y; ]
- K$ h$ w" U [: e8 l& OJohn, who has been reaping the benefits of his investment on a daily
! u$ T$ \) O# C' W0 h* Hbasis, would reply, "Ya, it will. Hang in there buddy".
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. I2 b* M M8 e* `Months went by, and the value of the stock continued to fall, and there was the beginnings of a ' W3 a7 _5 W1 R, ]7 r
noticeable dent in the beer pile., y* Y0 `3 P* T$ G, L! I
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was ' e: I- @8 J4 B% S. p. b2 q
about half gone. Jim, being sure that the: _! a U6 U: s8 k
stock had hit rock-bottom, still was berating John for his frivolous
6 _1 i4 [' B9 j: x7 `purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
6 _3 I7 p- o& _, Y. eworth!!"., e; s4 U& z) c, q9 n
7 e/ a! _3 ~+ p$ t1 DWell, summer has come, and hard times at Nortel continue. 8 K3 u( X& {( s6 v
Bad news: Both John and Jim have been affected by the layoffs.
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9 D, o+ ]0 j6 l- p' N$ c% CLast week, in order to raise some cash to help through
+ U$ p" R }* y. {- ^( ]% H2 U! Bthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
9 U, p# E! B! y- Q+ ?8 Y8 s0 O$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone8 p5 K: I B+ z' j( s. k( j
needs their friend's during rough times), and as luck would have
+ K8 ^; J( q/ r: ~" ]it, there were two bottles of John's beer left. John, being a good,
6 g: d- Z9 E* K% H5 x+ Acompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
5 J' L: Q/ s$ R% S. G& othe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I - \+ ?/ J9 t; N6 w+ n6 m
got fifty bucks back out of it - you have nothing now.", he said. * k/ F) b# C I+ H, V1 t
0 F/ ? y7 C' J; m8 \2 `; l) ~"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ! C8 I1 e" L: P
added as his other friend with
' `6 V# n4 h9 z5 |7 M7 E- Qthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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& w; l, R; Y1 d W5 GUpon arrival at the beer store, they unloaded the empties, feeling a
2 m- V% \# ?9 Qlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
1 a- m. N3 _9 l3 J5 p$ O8 z2 ]bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
# k O/ ~7 K) @9 _+ Bhe handed him the money. 4 ]+ P! y0 @% G! D7 H! Z! y
( B" G7 H# R9 ~3 H$ J3 S6 AJim was speechless. Poor guy. Can you imagine how you: J* F- n9 B; s" H7 Q
would feel if you just discovered that over the course of the last year, your $1000 stock investment
$ _2 `0 C, d4 \9 \! R/ k( p1 {left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're6 B4 e% P- S" ]( E
own "moral to the story".
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3 l" h3 V2 @3 hHave a nice day, and happy investing. |
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