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原帖由 如花 于 2006-10-23 13:23 发表
" u# @" c# L: S如果是买了nortel呢?
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! ~/ _( m6 D p# G# j0 x. R: {- u2 TOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
' I0 n2 b2 j0 H. l4 pfor Nortel Networks, where in the summer of
" A5 `8 |& B5 Z- |7 j2000, there was LOTS of money around for bonuses). ( `4 s9 Z; L9 @" f4 z
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Jim, being an intelligent, financially concientious person, put the
/ l( _- N6 m, T) T) v! ~& \( {whole $1000 into Nortel Networks stock. With his $1000, and the7 j* i1 q/ |1 U% T3 u( q; ]" }
transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the
8 c% N- e% B) f# UNortel stock climb and climb, he( J* P7 _7 ]: m7 [
felt very good about this investment, happy that he is preparing for the future.7 i2 ?- d$ M- v# R9 `1 l
% ~0 z7 R" ?" f# M0 h& ?John, being a more care-free sort, did something slightly different 2 V6 O! b# m5 `2 ^
with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 5 d8 s8 m0 n2 p; A; l6 A
purchased 33 cases of beer. John also$ U% F! a8 D) H9 c- l% G6 {
felt very good about his investment: 33 cases x 24 = is 792 bottles
# s$ h. O$ d2 N2 t5 j9 C. z1 Gof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
8 X8 b: Y9 k5 U) P9 u6 M: ncalculated that he could drink about 15
2 c, R7 p+ g' s+ a. d* Ibottles per week, and he wouldn't have to buy beer for a whole
( q0 _: g+ B5 C7 g0 D, Xyear.
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Jim, of course, was appalled by John's purchase, and berated him! v9 p$ h. _2 h( R1 D. P
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
+ z" E- H" N* b2 f) P) t8 w" ?% vdwindle. "It'll go back up", he'd say to John.
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5 h; G/ o- Q! Q/ ~9 Z l+ AJohn, who has been reaping the benefits of his investment on a daily
: n1 c5 z2 s5 n) `1 m4 G+ Rbasis, would reply, "Ya, it will. Hang in there buddy".' A2 e j( O+ Z0 v
8 V7 \/ x& K9 S% H# w) EMonths went by, and the value of the stock continued to fall, and there was the beginnings of a 3 M0 B7 i9 P5 Y9 J) ]( H- z
noticeable dent in the beer pile.1 I6 b8 L' k& b* b( ^- }
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Midwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
# J% q/ Z/ u( s' v5 Q% ^% Zabout half gone. Jim, being sure that the
& l Q5 p% h- o/ m) b( h astock had hit rock-bottom, still was berating John for his frivolous6 D: d: G) i7 r) O9 v$ [; x6 @
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be 7 L# n- b8 Y6 j3 @3 |
worth!!".
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Well, summer has come, and hard times at Nortel continue.
/ N" j, ?: C. [; i6 c$ ?1 D6 v. \. sBad news: Both John and Jim have been affected by the layoffs.0 p5 g* i( |/ B* y$ W, @( V
3 N0 v9 e! T9 f5 ^5 P" |5 nLast week, in order to raise some cash to help through; i; z) m7 f/ w
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ) l& P! x+ _, g$ H& ]) Q
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
+ g& S* [( Q9 k" t+ j O, Gneeds their friend's during rough times), and as luck would have8 L5 v* S! ~! _# N, a2 m8 i2 ]
it, there were two bottles of John's beer left. John, being a good,- m4 y0 w0 ~* [+ \3 g" x+ Y, V, H
compasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated - N* ]* k) I- c# u0 ]( c
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I ) ~! o! z' {9 }4 `2 ?
got fifty bucks back out of it - you have nothing now.", he said.
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"That's ok.", replied John. "Perhaps you can help me, I need to return all these empties.", he % \% g" u' W0 N9 c B3 P# U
added as his other friend with3 t) ?* P$ D2 \7 Y3 [
the truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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: P5 l* x, m( n7 i1 ]Upon arrival at the beer store, they unloaded the empties, feeling a
8 h3 p; o N8 ?4 clittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 , m+ E. Z" Z( g1 E. Z
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as, Z7 K" p) q K6 l5 l
he handed him the money.
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& c: W+ }6 O+ H. h5 MJim was speechless. Poor guy. Can you imagine how you
9 y3 n, a* A. i5 Rwould feel if you just discovered that over the course of the last year, your $1000 stock investment # n8 z2 ^& Q7 W
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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3 z1 y5 {' G6 _, l: h* D, AI'll leave it up to the reader to come up with they're
9 I4 U+ z" C' Bown "moral to the story".8 P( u9 M) m. `2 _
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Have a nice day, and happy investing. |
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