 鲜花( 0)  鸡蛋( 0)
|
原帖由 如花 于 2006-10-23 13:23 发表
; C8 E; s1 i% z+ m$ v) |如果是买了nortel呢?
7 |" `2 H$ J: Y" n) a' W
' F, ?; p, m' j& n: s. {- O8 zOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 8 s1 M3 D5 c; \$ d3 c; d+ \2 f: [
for Nortel Networks, where in the summer of $ m+ [% W- C1 {2 j3 b) g V
2000, there was LOTS of money around for bonuses). 6 P3 c* d2 A. O4 d! v
9 y8 L6 B1 h, FJim, being an intelligent, financially concientious person, put the* H' j3 J/ a# }3 U! B8 S6 o
whole $1000 into Nortel Networks stock. With his $1000, and the6 X% D4 r% f0 M7 s6 R7 m
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the + @8 ~, F9 |+ E* V. h+ ]1 z2 c
Nortel stock climb and climb, he
# V; e# ?& L4 \felt very good about this investment, happy that he is preparing for the future.
. V% F, y3 r+ o$ g: \3 a* L6 R- j# T. J; o: Z4 T
John, being a more care-free sort, did something slightly different
9 F) Q2 {* u/ L+ s( Zwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
' H( g% u9 [ m) Q" Q. o& I4 b) Zpurchased 33 cases of beer. John also
9 Y& K% r% U8 m! ]) P& pfelt very good about his investment: 33 cases x 24 = is 792 bottles
+ a* u* F1 n, a3 jof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, * q% C* o( s: x
calculated that he could drink about 15 : `1 a; s" d+ N u/ _
bottles per week, and he wouldn't have to buy beer for a whole
3 N( V; H9 P; w& g6 p% g" ]9 Myear.
) K$ n' z( R, a2 P' k. Y3 [7 X
: Z6 U/ c7 {$ X: \9 {" p+ u4 xJim, of course, was appalled by John's purchase, and berated him/ f) l' o ?- A5 @3 t2 _# T- t$ b
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to 6 j# Z) X7 z# I7 I4 ]6 ^7 g
dwindle. "It'll go back up", he'd say to John.
: l8 l& c A5 ^ l' {1 B
0 E* C6 J$ ~: Q: B: d: e0 \John, who has been reaping the benefits of his investment on a daily0 T o8 U3 Y6 \! o- \/ y% i+ e
basis, would reply, "Ya, it will. Hang in there buddy".
' Q, U1 b( ?. |: C: p
" k( v: L6 j: a7 C0 _: { _Months went by, and the value of the stock continued to fall, and there was the beginnings of a - [' S6 _- ]' c2 c6 G# ?
noticeable dent in the beer pile.
1 r+ q6 `6 d$ x! A0 {& B9 }6 e9 B! C2 g
4 p! d: t2 P6 i& g ~4 r$ RMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was / _! X, G, o' v: D2 k1 ?/ I
about half gone. Jim, being sure that the7 }% |+ ~3 {/ [
stock had hit rock-bottom, still was berating John for his frivolous
5 o: ~9 [5 k0 H4 Dpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
: o3 ^1 [: e) D4 m" K" P7 Zworth!!".
6 T4 z" T" Q2 t4 L ? F( s' a4 x, q5 ?- {8 y& F
Well, summer has come, and hard times at Nortel continue. ! E# Q+ o0 b i9 ~
Bad news: Both John and Jim have been affected by the layoffs.; i, Y7 G! V' v: i2 b+ e0 D
; L n4 Q2 U- e* [$ g- L1 B
Last week, in order to raise some cash to help through
) l! w! r: o) W/ a z, \% ^the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the w- w2 Z" Q1 k1 T8 B' I3 _3 [% D
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone) X5 R! [ y" Z2 p, O: \
needs their friend's during rough times), and as luck would have- ^/ O$ ?( N' I1 C1 g/ v
it, there were two bottles of John's beer left. John, being a good,9 e" N1 C+ J! l* C) @! e; Z
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
; z( v+ e$ q9 E( b5 n% \* Ithe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
, k: F) X: s( W! E! Tgot fifty bucks back out of it - you have nothing now.", he said.
6 b2 u G% {! K
7 v( S8 ~0 a# k% J"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he / h" a# a1 \, ^
added as his other friend with
6 A& h/ h1 ?1 k. \: B! a2 tthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
+ K/ j. Y. I& n$ u" f1 x, ~
3 ]2 o+ V6 D9 R+ a: D# ]Upon arrival at the beer store, they unloaded the empties, feeling a
* z0 t5 D' ^* V% N+ |little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
l( \1 J8 t# Qbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
8 U8 Q; j! m# n+ zhe handed him the money. ( R& d' Y. J T U
- L: b. ?9 B. o$ h- l
Jim was speechless. Poor guy. Can you imagine how you
* a$ i( F* v% v w. \8 w! Nwould feel if you just discovered that over the course of the last year, your $1000 stock investment
0 W/ Y" ^! p* `4 rleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. / L9 s, [4 F& E2 o$ a
- F# z3 {- e% R+ I) N) u
I'll leave it up to the reader to come up with they're
3 Y5 `8 a- f8 Y3 g$ _8 f- {& d% uown "moral to the story".- h4 H. R9 i- F& n1 ?6 S5 \
( _1 H) w. k0 G
Have a nice day, and happy investing. |
|