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原帖由 如花 于 2006-10-23 13:23 发表
4 f9 A; t6 {* a5 J/ S" K: a( n如果是买了nortel呢? * c5 X. k% n' R- `( T, [
5 }5 {' ~6 |5 Z+ u; _On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work * Q7 q! q" K* W2 ^) {
for Nortel Networks, where in the summer of
9 G7 V9 n8 |; \ a2000, there was LOTS of money around for bonuses). 1 Z7 p* t" ]" g3 y
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Jim, being an intelligent, financially concientious person, put the
) o! f- X! S" G) B7 j9 F6 xwhole $1000 into Nortel Networks stock. With his $1000, and the5 ^& B* o! D2 K6 i& S3 L$ G# n
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the % x! T5 I7 Z& _
Nortel stock climb and climb, he
& K) ^8 {3 H* [8 z$ H" Rfelt very good about this investment, happy that he is preparing for the future.* }5 N% F C2 H5 _) ~
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John, being a more care-free sort, did something slightly different 2 H& u% ]* R) k) ^
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 0 E4 b: d4 n+ C1 c0 o! H) [5 p
purchased 33 cases of beer. John also
0 G& _5 d! O1 a! g1 K. T* Ofelt very good about his investment: 33 cases x 24 = is 792 bottles$ f( k; }$ z i/ O& g4 L" u' R
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, 7 n1 ^7 q, A2 x* y
calculated that he could drink about 15
" K }+ y1 i" q3 @; r! ]bottles per week, and he wouldn't have to buy beer for a whole
1 h# j: ?& x5 @year.! u' i$ o- K, I5 H0 T
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Jim, of course, was appalled by John's purchase, and berated him
) R8 d& B4 Q3 b6 Rconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
" R' p: P* J/ D5 \dwindle. "It'll go back up", he'd say to John.8 e, j$ y9 K1 c- s" l+ O3 L
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John, who has been reaping the benefits of his investment on a daily
4 g& i! L7 u& lbasis, would reply, "Ya, it will. Hang in there buddy".8 G9 M2 q5 S& E
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
' r4 u! Y1 s6 [6 Pnoticeable dent in the beer pile.
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was + x. K4 J- j2 d' }' |
about half gone. Jim, being sure that the4 i% t; N& ~- M0 g; t
stock had hit rock-bottom, still was berating John for his frivolous
) a6 H3 ?! M& I8 H* xpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be * a% Z$ d7 L, g6 g
worth!!".
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Well, summer has come, and hard times at Nortel continue. r( U" l# k& {( B
Bad news: Both John and Jim have been affected by the layoffs.
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$ _1 S# H" Y! @' N' T# S& s) f8 kLast week, in order to raise some cash to help through
9 H8 k& P p+ F6 I9 C# Hthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the # Y7 C! J- T: I& s0 B- A) O4 V( E
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
E. O" X! G8 z- n6 _needs their friend's during rough times), and as luck would have
. e! V. F0 O& t- x. f! Dit, there were two bottles of John's beer left. John, being a good,+ H$ ~6 h2 e# N+ s# p' ]. ?6 w
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 0 _' U4 S6 f y9 m1 q0 s; R! h
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I $ m' o/ x2 Q# t5 ~+ C
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
, c! b1 y7 V2 W/ G( jadded as his other friend with4 F4 l6 h* I# M: w
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store. n0 t* Y) C. c' T) A% k9 X& c
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Upon arrival at the beer store, they unloaded the empties, feeling a
3 x8 c7 C5 }2 c- F" B* v5 _4 nlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
) `" |$ w- w5 R. q, @bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
, W: H2 Z/ K B5 Ghe handed him the money. 3 b0 g) H+ i# U
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Jim was speechless. Poor guy. Can you imagine how you
" {- t6 Q2 R& L7 z" `* l5 swould feel if you just discovered that over the course of the last year, your $1000 stock investment
" I( j& ?& A. z P4 z" u* uleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're
3 W, H: ^5 c2 ^ xown "moral to the story".$ q/ q8 A6 m, z% @. P
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Have a nice day, and happy investing. |
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