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原帖由 如花 于 2006-10-23 13:23 发表+ x2 ~+ y5 H& H2 V* b0 D
如果是买了nortel呢? 1 t' _9 z& i. M6 p9 [
# q" k. v1 O W- f: r) x1 LOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
$ r( e3 E6 A7 |$ B" y! xfor Nortel Networks, where in the summer of
, W# S2 k9 t8 ^+ B5 f$ n2000, there was LOTS of money around for bonuses).
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Jim, being an intelligent, financially concientious person, put the, m4 d" g8 V: \7 Y5 i# N2 h |
whole $1000 into Nortel Networks stock. With his $1000, and the
) F: X9 h$ ^# d5 \: X' ytransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
! R2 h5 h3 T l0 MNortel stock climb and climb, he2 `* `9 Q2 g1 E( I' ~
felt very good about this investment, happy that he is preparing for the future.' r2 d/ M5 G R4 @( N, {0 f0 P/ l
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John, being a more care-free sort, did something slightly different
* m* a! |9 a% ]$ m! ]- K9 Swith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
1 b- `1 T, f& P' X) j* |5 x* apurchased 33 cases of beer. John also; p5 j7 T4 B; ~! N& b# W
felt very good about his investment: 33 cases x 24 = is 792 bottles- N( x. e; G. X; r h$ Y
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
; o" Q: E8 |0 zcalculated that he could drink about 15 . d4 _: z. T0 K. {: h% m
bottles per week, and he wouldn't have to buy beer for a whole
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$ ?$ e& }4 x* f K5 j0 j) LJim, of course, was appalled by John's purchase, and berated him
" K: w& r$ g( A0 S6 P8 K, _) nconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
q- |. U- y9 @+ p6 Ddwindle. "It'll go back up", he'd say to John.% [* _( k7 m" f3 T p) \- L
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John, who has been reaping the benefits of his investment on a daily
1 w9 \( J; I+ H( D4 E9 Cbasis, would reply, "Ya, it will. Hang in there buddy".
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Months went by, and the value of the stock continued to fall, and there was the beginnings of a
7 n8 q2 J% [7 Vnoticeable 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
, D4 H6 X- L" O2 F+ Vabout half gone. Jim, being sure that the* q# g4 F9 j2 q& p' S% w
stock had hit rock-bottom, still was berating John for his frivolous8 N0 K- {- f: Y, M/ p
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
4 J4 b* A; K6 Lworth!!".! y2 Y p9 r) E5 s/ C. g
8 _3 k3 a- W5 |/ aWell, summer has come, and hard times at Nortel continue. 6 }0 ^) n, Y! F n/ a: \
Bad news: Both John and Jim have been affected by the layoffs.1 \0 C) b/ d, l, @) f0 A; {
0 _1 P- u0 E" w8 |Last week, in order to raise some cash to help through
& F! ]8 L! m8 T- L9 P9 }the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the % m; L+ a* L; f$ n6 R9 j! n
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
+ ]0 D- G; x! s2 lneeds their friend's during rough times), and as luck would have
1 u! e; s" Q T' y! ~4 ^it, there were two bottles of John's beer left. John, being a good,2 q% [9 g+ K f( {& T1 O1 \1 k
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
( a. t( \# F, Y- T7 \( vthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I
/ `1 v" j" e( ]7 Hgot 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
6 Z$ t" J, A. ?: m/ l: H6 aadded as his other friend with! _ |" e* a. s; }. ?2 Y
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.2 B3 f( l6 |' p% a5 k3 p3 s" C: E
6 D& G' Z4 z6 K8 T& x, c7 m |6 gUpon arrival at the beer store, they unloaded the empties, feeling a. {" i0 c- \. F8 O. Y0 ~
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24
% f0 x x* W% [& {$ Tbottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
8 g9 |5 A+ C1 G- [he handed him the money. % w( |. H. b5 r6 M4 a
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Jim was speechless. Poor guy. Can you imagine how you) q: G. Z3 K8 D2 b6 }/ ?0 c' t
would feel if you just discovered that over the course of the last year, your $1000 stock investment 0 v& O) m, x) ^5 B! [/ w1 Y
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're
l. `& D0 S. j6 e% bown "moral to the story".1 W- S/ x: {" U# q8 X+ K# H, k
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Have a nice day, and happy investing. |
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