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原帖由 如花 于 2006-10-23 13:23 发表
' C% l1 M% }5 K- M- ?/ Z) U如果是买了nortel呢?
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; A. Q1 ^) |1 |9 J0 v1 C: o! ]On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
* ?5 X0 @- a( E# g( P2 ^, H. Kfor Nortel Networks, where in the summer of ( y. d! B3 w$ \8 \
2000, there was LOTS of money around for bonuses). . J& t; J3 ]' d1 x; J/ R ]
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Jim, being an intelligent, financially concientious person, put the
1 r1 ]+ ^. \' Dwhole $1000 into Nortel Networks stock. With his $1000, and the
; g/ C* X' r i# P: V; k8 h1 Ftransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
U' R3 e+ t* U; G2 E6 L3 _Nortel stock climb and climb, he8 l3 w+ w% W, y' d; p* t; g+ N- L: A- \
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 $ D. u9 r* A" \
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
8 S: J" g+ [( E, ?1 R; n9 ppurchased 33 cases of beer. John also- j' K+ ^3 q5 X3 [6 }& h+ }9 x
felt very good about his investment: 33 cases x 24 = is 792 bottles
1 m, g) t- v4 e6 o9 }+ H$ x/ Tof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
6 D( l2 z, C& s! icalculated that he could drink about 15
) n% |3 t7 n( Ibottles per week, and he wouldn't have to buy beer for a whole
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, c: [5 s3 F2 p1 z3 `7 u# R8 C9 ~/ `Jim, of course, was appalled by John's purchase, and berated him
5 u6 D+ j! v7 S+ H1 `8 V6 q. zconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to ! t2 n; H# _; j: |- k
dwindle. "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 daily9 h: d0 {6 @/ @9 x* ^& a
basis, would reply, "Ya, it will. Hang in there buddy"./ q4 S+ @6 O$ Y1 t! d% V2 X
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a 3 K# _; ]! ^- [/ q, Q: b
noticeable dent in the beer pile.7 Q' G$ o& s3 g9 e2 P" S0 s& T! {) k3 V
, E8 f9 _3 l( }; L: t! V* SMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was - e6 P% k5 Z4 C- I+ W g; j* q
about half gone. Jim, being sure that the
. {0 f0 `$ c* Gstock had hit rock-bottom, still was berating John for his frivolous
% M5 P$ X. T$ O% r) r5 Xpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
, ~% F0 {3 f) J, S$ C- }/ tworth!!".7 U3 V" z+ K# m! V" g
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Well, summer has come, and hard times at Nortel continue. 3 C8 G9 Q. i9 O$ ]1 F$ @# w8 V
Bad news: Both John and Jim have been affected by the layoffs.
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, x. I5 H9 }5 \- |0 PLast week, in order to raise some cash to help through
$ M1 | Q7 H/ l# lthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the $ W9 k* t' ]/ z1 ~
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone" O+ j+ p& ]5 L% C7 [9 S9 x" A9 E
needs their friend's during rough times), and as luck would have8 P: t. Z$ }8 y7 O9 x: @; m
it, there were two bottles of John's beer left. John, being a good,) g, E0 W/ B9 {4 T2 }) z9 p) G- N
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
) \' t: }! _$ Y+ d. Wthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I ) i, m/ R* M& A# N0 ^, F5 }; f- f5 g
got fifty bucks back out of it - you have nothing now.", he said.
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) d: G% g5 p% |4 E4 g) N, Z, _, l"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he ) n" d/ G' Y. W. f7 ^% |. W
added as his other friend with
9 r6 J( ^- J: u: L# Wthe 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
, ?% N! c& Z& R x& X" A9 xlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 : ~6 c; @6 S o% U! }% s: B5 t1 K
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as; w2 [6 F. r; o# C$ B5 h0 O n! [
he handed him the money. ( y, h- `3 z0 M ~! N0 D7 t) X5 R# V
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Jim was speechless. Poor guy. Can you imagine how you, i+ F1 j2 Q( V3 M; h. k
would feel if you just discovered that over the course of the last year, your $1000 stock investment
* Y' W% Y% a) Y8 I/ W& P- Zleft 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're
6 S, {' \4 {4 F" }- d: zown "moral to the story".
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Have a nice day, and happy investing. |
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