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原帖由 如花 于 2006-10-23 13:23 发表* [' a' ], r% G* T" \# t
如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
: n+ z( W5 z$ Y4 Q0 Q) Kfor Nortel Networks, where in the summer of 4 g2 s, t' r, y/ V3 u! d! S
2000, there was LOTS of money around for bonuses).
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+ A0 E3 O5 E! Q, d' RJim, being an intelligent, financially concientious person, put the
- l/ z+ Z" b: c0 g6 Dwhole $1000 into Nortel Networks stock. With his $1000, and the
. F/ S0 V5 [! V) Ntransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 1 U. i( U3 l7 p# L) `! l1 L _
Nortel stock climb and climb, he3 ^/ |6 U! r U ~) c) Q
felt very good about this investment, happy that he is preparing for the future.# z' H% f; m' i8 v& j
' z$ j$ t8 i& ^$ c) O/ w& |. y6 MJohn, being a more care-free sort, did something slightly different
7 Q$ d; Z' u5 A2 l" C Nwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
2 n+ _: S: I6 D. W5 _purchased 33 cases of beer. John also8 T6 x& J' n% F1 y8 _9 n6 U$ c
felt very good about his investment: 33 cases x 24 = is 792 bottles7 O/ w- s. O: J, J U# T2 o; x- T3 ~
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, # E9 O! V6 M6 d8 T2 @$ _2 G
calculated that he could drink about 15
; ?& J! h) l$ c1 ubottles per week, and he wouldn't have to buy beer for a whole
4 M- u5 N' O* I' Y: c) w2 zyear.
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Jim, of course, was appalled by John's purchase, and berated him# F1 D$ G& V# U; h- r$ p9 j. j+ r' T
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
1 T$ O) ]- k, t8 D- f3 Tdwindle. "It'll go back up", he'd say to John.
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9 F5 v9 [) C# Y- [. j" ZJohn, who has been reaping the benefits of his investment on a daily9 U% p; P$ K7 B5 O, w- Y
basis, would reply, "Ya, it will. Hang in there buddy".; l, O- _) F5 e
+ j0 S ^* _4 _5 M3 EMonths went by, and the value of the stock continued to fall, and there was the beginnings of a ( q/ R; {6 @# h, V9 m
noticeable dent in the beer pile.9 d/ _' d- e. x
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
! v! `; h! P! B: `0 U; yabout half gone. Jim, being sure that the
/ H1 o" y% z* |, T5 Kstock had hit rock-bottom, still was berating John for his frivolous! J" W4 I& \ D- N
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be + H; B. a+ ^, n1 ]2 }( m. X
worth!!".1 g5 l, N: d- u3 P
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Well, summer has come, and hard times at Nortel continue. ; J/ @, l: r8 i+ a6 `! _( [
Bad news: Both John and Jim have been affected by the layoffs.; t0 P3 a( W1 _! K6 L
' ~ J1 e" H3 R) ^( KLast week, in order to raise some cash to help through! m n/ H; E5 r/ Q
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ! u( d& C2 r! H, p
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone! P+ s; v$ g/ H) u: r/ r
needs their friend's during rough times), and as luck would have
6 E: x+ r* J9 V% kit, there were two bottles of John's beer left. John, being a good,
) ~9 P. ]5 b% ~# f4 o$ _- [compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
2 Y# a! A4 W+ L$ G9 Z* athe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I * z8 F8 w- D8 Q3 {% K8 Q% I
got 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 + q5 r5 A4 O- L1 a) L
added as his other friend with
( v8 e! k* x' Z+ I4 ]" Wthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.& O% v- m; G2 \! `
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Upon arrival at the beer store, they unloaded the empties, feeling a
: i& q: m; Q! q- j: Q# v/ hlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
, @ K& ?7 r+ N9 _0 i0 Obottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
7 x* H' K' G, M% T) lhe handed him the money. 3 h0 y! g% U9 F% G# U6 T! P9 Z5 ~
9 R% ] N; o' kJim was speechless. Poor guy. Can you imagine how you
! j4 W {3 |: Fwould feel if you just discovered that over the course of the last year, your $1000 stock investment
* L8 ?. P. J# d7 pleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. ! d5 e! ]5 f5 o8 i. ^1 i
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I'll leave it up to the reader to come up with they're! S+ c. N/ H' K0 ?0 p) ~; {( }
own "moral to the story".
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0 s) I- C8 c0 A6 r2 r6 S |Have a nice day, and happy investing. |
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