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原帖由 如花 于 2006-10-23 13:23 发表' Y3 |! K( }! Y
如果是买了nortel呢? + _! M2 `% R- Q4 W! ^
& A* ]# } D3 `8 C$ MOn July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
% \. B0 d' B% u' ]2 ]: |for Nortel Networks, where in the summer of + e5 T6 s5 m8 f) p
2000, there was LOTS of money around for bonuses). : ~4 q: i4 F" c; p9 q. e
/ l# e) k$ R! W- a$ O* cJim, being an intelligent, financially concientious person, put the5 O- Q) I( i1 V4 e& T0 \5 c0 ?
whole $1000 into Nortel Networks stock. With his $1000, and the
( P9 Y/ T6 W* s4 o; R: F2 F: z1 \transaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the ( H8 s( L& [% S/ [
Nortel stock climb and climb, he
I6 w' ?7 \0 v4 c3 i" h" N bfelt very good about this investment, happy that he is preparing for the future.
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0 y5 |0 z& `& N5 G$ c4 qJohn, being a more care-free sort, did something slightly different
y8 n4 j/ V9 O, R8 g7 X1 ewith his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
" _9 L Y; Y( C3 _0 I* V+ Fpurchased 33 cases of beer. John also* Q9 n; d& O: s0 h& W. I4 `
felt very good about his investment: 33 cases x 24 = is 792 bottles, d, Y* j! B/ }& n
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim,
' `# Y1 l, X5 T. q P1 Fcalculated that he could drink about 15
/ ~- ^# Q* ?, b( N9 B6 \8 ^" wbottles per week, and he wouldn't have to buy beer for a whole7 F2 C1 q% _' R2 J/ Z) a& ?, e
year.
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Jim, of course, was appalled by John's purchase, and berated him
5 L S( D4 e( X+ ~7 j# ]. Yconstantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to
- X; K9 V2 Z- B# y) ]2 kdwindle. "It'll go back up", he'd say to John.$ r L! v1 o2 {; k4 O5 n: f
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John, who has been reaping the benefits of his investment on a daily
( u7 c. y, @; Nbasis, would reply, "Ya, it will. Hang in there buddy".
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8 D) \8 I: t4 G3 B( `1 [Months went by, and the value of the stock continued to fall, and there was the beginnings of a
# \6 X) l3 g8 M! q3 _$ knoticeable dent in the beer pile.$ Y7 r/ {7 q6 W) s
+ L1 u# E, X' X, LMidwinter came, Jim's stock had fallen to about half of it's original value, and John's beer was
7 \; K! e3 B" [, S- P& @1 O& uabout half gone. Jim, being sure that the
9 F9 u( p7 O5 W5 p; r5 fstock had hit rock-bottom, still was berating John for his frivolous
1 g( R% a( A# g8 |- f4 Ppurchase, telling him "Your beer will be gone in six months! Who knows what my stock will be
( C& g! B2 D4 H- D3 }- Qworth!!".- y- e* b7 D" C) W7 ]2 L
' E3 o: z$ J# O5 F; FWell, summer has come, and hard times at Nortel continue. / C- d/ P2 L/ e, J- I/ M( V
Bad news: Both John and Jim have been affected by the layoffs.
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: k+ [& i& y0 M, { JLast week, in order to raise some cash to help through$ k2 j5 R5 ]( ~0 v! t
the rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the $ P) G% C T4 e6 r# c
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone7 L% ]1 F+ D5 p( {! N" y% O: q
needs their friend's during rough times), and as luck would have4 b% C. V% i- Y0 C' d5 i
it, there were two bottles of John's beer left. John, being a good,
" P' k$ d6 l8 M1 i- qcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated
3 \# f" _/ j& ^# J8 Wthe gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 9 h3 c3 \" @- A/ K: J
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 % n+ M6 Z) R! d# Y6 }' d0 p
added as his other friend with
0 ~2 W( t7 L4 t4 N. wthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.
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Upon arrival at the beer store, they unloaded the empties, feeling a9 \: m+ b" e8 d7 P T' N
little grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 B( C% Z1 e( r% @
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
. A [5 e: _* w- u8 r( `he handed him the money.
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1 W8 V, a8 R& V# ?Jim was speechless. Poor guy. Can you imagine how you
7 _, H* j% j* u) Jwould feel if you just discovered that over the course of the last year, your $1000 stock investment
3 F2 ?6 r" f, Z2 Mleft you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80. / D5 {, i% R/ u9 d
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I'll leave it up to the reader to come up with they're" y3 I0 o5 j+ C* Z% r6 Z
own "moral to the story".6 X: I! c; c( C7 w5 S( `9 e, @
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Have a nice day, and happy investing. |
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