鲜花( 0) 鸡蛋( 0)
|
原帖由 如花 于 2006-10-23 13:23 发表
( d B( C+ A9 L5 A" ^5 |# u( K( }. n如果是买了nortel呢?
; l% Q' W3 X7 l+ P b
3 G1 n1 f" i" w" m2 ~4 a- dOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
2 F( v' W6 ?+ I1 O/ h8 dfor Nortel Networks, where in the summer of y- J5 ^9 {3 |6 r% b
2000, there was LOTS of money around for bonuses). * B! D& _5 l* t9 j
' |% ?. _ u$ ^" ?6 C. U
Jim, being an intelligent, financially concientious person, put the
6 l, F, t% q( W- u( Kwhole $1000 into Nortel Networks stock. With his $1000, and the
$ _; L' H2 u- C$ Btransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
7 x$ O1 g: _$ p$ U9 RNortel stock climb and climb, he
' h8 i; Y, v9 M, `1 r* s# U5 A/ xfelt very good about this investment, happy that he is preparing for the future.5 Z: z, c/ ]* y: q+ C) a- T
! z0 Z R& q4 }$ s0 H: {John, being a more care-free sort, did something slightly different
+ ]5 @* C) l. |, G4 C5 Rwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
9 ]0 v2 C8 |. g) i* m* O1 S& Q2 Fpurchased 33 cases of beer. John also( D, V2 M- z% i; \% m* [1 a
felt very good about his investment: 33 cases x 24 = is 792 bottles7 \: s7 H# a$ R* P# r; G
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
7 k! ?3 O4 I* jcalculated that he could drink about 15
9 J( @4 G7 [- F# m! c4 [7 [bottles per week, and he wouldn't have to buy beer for a whole4 }4 e- O" A( D* ^3 q0 a; m
year.
, a) Q g7 m7 ]2 O" f* w6 S* m1 d6 b; q- S* `
Jim, of course, was appalled by John's purchase, and berated him
, v/ G0 J( ?( {$ I0 Qconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
" N9 ^3 D5 }: o5 h7 Tdwindle. "It'll go back up", he'd say to John.. G3 f# v% A$ o4 m* Z- h' t
x& P: U1 t1 k8 @) d/ @( ?
John, who has been reaping the benefits of his investment on a daily
* q3 V Z& G1 C4 S2 y Zbasis, would reply, "Ya, it will. Hang in there buddy".
! e2 Q" a7 `) i! F
U7 A" e* S3 eMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
+ O' s2 Z7 H/ d% y1 {5 |- g) bnoticeable dent in the beer pile.
) H1 k3 q. J8 O9 V) w0 B& x1 p; }! W' a8 r2 W, M
Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was 1 O9 m. F! d: P
about half gone. Jim, being sure that the! [+ f5 y% F& q4 [( P# V; \
stock had hit rock-bottom, still was berating John for his frivolous
; d' u9 C! ?1 Y; V" p6 spurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
4 [5 z* o7 Q. |6 V+ b; D; z. Y: ^worth!!".
! g4 d8 e- w- `: S# c! I ~( g
7 `& H: T; l% P1 f# {: z1 ~4 _Well, summer has come, and hard times at Nortel continue.
$ A$ y0 q6 c8 s! o1 L& QBad news: Both John and Jim have been affected by the layoffs.1 ?6 K% J" _( P
) w+ x9 T+ i- `5 t7 b0 f
Last week, in order to raise some cash to help through. |: C0 V! F0 r6 J) ~
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the 4 m3 S# K; ~: O) U0 j% L2 Z- U# D3 L2 V
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
+ v' G6 W% T: f2 o wneeds their friend's during rough times), and as luck would have( F$ B2 ` t7 d/ p) |# ^' }
it, there were two bottles of John's beer left. John, being a good,
& W1 \6 ~7 G: I" _/ ^compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated # N7 p1 o4 a/ J1 i+ J5 B
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I / g2 C* m+ |* f' U! o3 i
got fifty bucks back out of it - you have nothing now.", he said. 2 |) a& [, z: U5 H+ L1 _1 |
6 ?! N; d: P2 R! \"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he / g' D/ v/ l% b8 S7 h. Y
added as his other friend with* g2 ]0 b. {/ h/ ]8 V
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.! j- r8 T5 H9 u5 s4 J' j. R
8 C) a9 a' b5 F3 C8 @' Z5 hUpon arrival at the beer store, they unloaded the empties, feeling a
; C3 j7 k1 j) x) @ v2 \1 e# ^ llittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 3 L! q8 F" r0 \" r! K
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
3 H, C$ o0 d) [he handed him the money.
( l" ~% t8 r6 ]& T+ n5 k" e* N
- {& e: b3 u" B1 UJim was speechless. Poor guy. Can you imagine how you" `3 `" c% J; Q8 e N
would feel if you just discovered that over the course of the last year, your $1000 stock investment
7 E8 z" m1 Q- {! rleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. " o/ `6 e8 W$ T: W9 ?7 S c H
- L" p! `8 }' C$ R$ g) L) I
I'll leave it up to the reader to come up with they're
+ u% C$ r1 g8 H ^own "moral to the story".
* z: t0 `4 x) n% ^8 L: N/ y( Y# ]) u+ k" g; b ]
Have a nice day, and happy investing. |
|