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原帖由 如花 于 2006-10-23 13:23 发表
+ @( v7 o* m, o3 m3 L7 m如果是买了nortel呢?
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work 6 S+ `' F8 d. c( n2 O% ]* U7 n
for Nortel Networks, where in the summer of * c) A& i6 M1 G" z
2000, there was LOTS of money around for bonuses). . \1 G) g. v8 C I* E$ U" }$ c2 D/ e
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Jim, being an intelligent, financially concientious person, put the! H. E: u3 a+ n& ?+ D* ?
whole $1000 into Nortel Networks stock. With his $1000, and the
4 T( O6 l! r/ k, R- L7 g& Z9 n! htransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 1 E) o8 L2 X4 O5 [2 M# o0 O
Nortel stock climb and climb, he, h* E, k* B# M; @& h
felt very good about this investment, happy that he is preparing for the future.( t0 e* U* B1 }
4 q5 d; x: a- F# JJohn, being a more care-free sort, did something slightly different
6 K4 ]- ]. a( a g1 Q" uwith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he 9 g. Y6 s' r: @" M/ y' C
purchased 33 cases of beer. John also
! ]- [, N a9 \6 F' \4 }, Pfelt very good about his investment: 33 cases x 24 = is 792 bottles
$ P6 [* L. \# d+ Wof beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
* {8 V8 y0 ]3 ^! r) ncalculated that he could drink about 15 6 p8 [5 h# A+ i6 q# |$ G
bottles per week, and he wouldn't have to buy beer for a whole1 G5 \- Y8 K3 K$ I# Y* @2 ]
year.* @, Z2 m0 u9 U. @! s; ?8 O1 H2 w
# Y2 A8 P$ T3 e. H* IJim, of course, was appalled by John's purchase, and berated him, A3 b: L3 G9 ? D0 D
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
. S! A! e% V0 rdwindle. "It'll go back up", he'd say to John.
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John, who has been reaping the benefits of his investment on a daily
9 W* c& S( F5 h/ X, ]6 T) ^( wbasis, 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
0 G5 d4 V u& _& Pnoticeable dent in the beer pile. e6 s F) H# i" {
! x9 c/ ~& m3 [* ]2 _5 t8 |$ H5 z: A& nMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
+ h$ [$ }1 @. `& c: n/ M" p. fabout half gone. Jim, being sure that the z. {& R% S, m% g
stock had hit rock-bottom, still was berating John for his frivolous
# U9 a! N; P; v+ @( wpurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
8 G/ f% |/ A& uworth!!".
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Well, summer has come, and hard times at Nortel continue. ) C- P4 R z+ q" p6 n
Bad news: Both John and Jim have been affected by the layoffs.4 O# }) w" C9 W
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Last week, in order to raise some cash to help through
8 w4 o8 C8 ?7 ?! U. O* U% Tthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the
* b- P* w& B+ z9 l$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
6 S7 R7 ?( B! e- [' ]( G8 Aneeds their friend's during rough times), and as luck would have( h1 z# \: X, e4 G
it, there were two bottles of John's beer left. John, being a good,
, t( W: N" O9 O5 O# {+ Pcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated . s; M F) {& R$ y! D
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I & P/ f) q) O( E+ M# @
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
8 Y o" _7 g' q' z Sadded as his other friend with
; Y9 r6 l4 j: dthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.5 T$ @8 q9 K8 Y, S$ T; S u `" o9 s* {
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Upon arrival at the beer store, they unloaded the empties, feeling a; R% l5 H3 n. {7 Q" o- F
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 , x8 } {! r7 h+ P: a% B
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
% B: O4 f m( n6 M' Vhe handed him the money.
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Jim was speechless. Poor guy. Can you imagine how you
2 Y' ]9 M! F% x# p: v& c9 a, ^would feel if you just discovered that over the course of the last year, your $1000 stock investment
6 I( Z" A4 d- Cleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. * I& @% I( _4 H8 Y. P [
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I'll leave it up to the reader to come up with they're
2 L0 L+ n5 R0 qown "moral to the story".
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Have a nice day, and happy investing. |
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