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原帖由 如花 于 2006-10-23 13:23 发表
, N! u6 h/ |6 U+ P; y3 T9 U如果是买了nortel呢? 0 t- x2 A- O/ y1 F
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On July 26, 2000, two friends, Jim and John, each got a $1000 bonus at work. (They both work
/ l1 R# t% X' W. k2 Y8 N5 p1 [for Nortel Networks, where in the summer of
3 I8 Y! f/ d1 b, v' e& m; J2000, there was LOTS of money around for bonuses). 2 y5 q8 V7 W3 A) u( C
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Jim, being an intelligent, financially concientious person, put the7 q) C6 a; S* i$ o. l; k, l7 E
whole $1000 into Nortel Networks stock. With his $1000, and the
7 P: O `* h, s6 R( l/ T# Etransaction cost of $35, he was able to purchase 7 shares at $123 each. Having watched the 6 g! b, Y) J) v4 w9 C4 h) b& `
Nortel stock climb and climb, he
$ P3 ^* o9 L4 a, Xfelt very good about this investment, happy that he is preparing for the future.
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3 L! s$ A& Q. J& M7 J& DJohn, being a more care-free sort, did something slightly different
/ k& T o3 @: f) }with his $1000. John borrowed a friend's truck, and proceeded to the Beer Store, where he
! o3 ^3 N) o+ F r$ G" S9 G Kpurchased 33 cases of beer. John also, Q7 b, K" T. }" _
felt very good about his investment: 33 cases x 24 = is 792 bottles. J$ V$ @ `4 j. q
of beer! John, also being an intelligent guy, although perhaps not as forward-thinking as Jim, / |7 L8 N) f. u$ A% h; S
calculated that he could drink about 15
5 }$ L, \( B" Nbottles per week, and he wouldn't have to buy beer for a whole
Z9 h4 \3 V& R qyear.
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7 e- S0 f0 A; @3 \. b9 _Jim, of course, was appalled by John's purchase, and berated him6 J9 X3 P' e; d5 x5 I( Q
constantly about it. As months went by, Jim excitedly watched the stock prices, and saw it start to ' \* }- J3 a9 B, m! E8 ~
dwindle. "It'll go back up", he'd say to John.
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0 e2 c* M6 X# UJohn, who has been reaping the benefits of his investment on a daily
# y3 |2 W' u; ^8 C5 y2 z/ Cbasis, would reply, "Ya, it will. Hang in there buddy".9 T5 b7 ?1 j$ ?5 F" u$ c' z
" O- B9 S, p; tMonths went by, and the value of the stock continued to fall, and there was the beginnings of a
! j# t3 c( ]* [6 h* gnoticeable 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
, {$ G0 A# {% Eabout half gone. Jim, being sure that the
) a* w: } d# K6 A- Bstock had hit rock-bottom, still was berating John for his frivolous' V1 K1 |% `3 a$ g) K. k+ A0 u
purchase, telling him "Your beer will be gone in six months! Who knows what my stock will be . i) r8 q% V. f6 Y
worth!!".# z7 X& \/ F. X( @) g! |3 e
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Well, summer has come, and hard times at Nortel continue.
" C3 h/ F- F8 t0 R# j. kBad news: Both John and Jim have been affected by the layoffs.' W6 D, D2 S; C" h6 A6 k* w
5 s( T5 {+ E/ T: P2 ^( T+ ]: VLast week, in order to raise some cash to help through
9 k! }5 f+ ]: t: _4 vthe rough time, Jim sold his 7 shares, at that day's value of $12, and got $84, then after paying the ) Q' P. e& D9 r4 x/ q0 {' y$ k! _. Z& a
$35 transaction fee, he only had $49. Jim stopped by John's house later that day (everyone
; g) u! y) ?. ]1 A9 y' \needs their friend's during rough times), and as luck would have- Q" b$ ^3 t% L% W
it, there were two bottles of John's beer left. John, being a good,
4 u) d8 u) w) g7 bcompasionate friend, offered to share his last two bottles of beer with his friend. Jim appreciated 6 Z; n s0 @' J- n
the gesture, and enjoyed the cold beer on the hot summer's day, but he felt a bit guilty. "At least I 6 z( G2 w" _! ^9 V
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 ; l0 t2 i9 M& [9 H, J. t
added as his other friend with
, s0 t, q- m: Q+ O, Uthe truck pulled in. So, they loaded up the truck, and proceeded off to the beer store.3 _0 {; h1 q$ t% F, S
) P0 I! _+ O2 r. O. [; vUpon arrival at the beer store, they unloaded the empties, feeling a
$ |; h3 n- O& ~. l! hlittle grim. John went to the counter, and collected his refund for the bottles. "33 cases x 24 , ]. Q& M* G. H6 H
bottles, at 10 cents per bottle, that comes to $79.20", the friendly Beer Store clerk said to John as
3 ~; e# E& b: K: l$ x( Ehe handed him the money. 2 y$ U+ A8 l# N V
/ I" g# J5 O5 WJim was speechless. Poor guy. Can you imagine how you
% {) u# V0 S B+ ?, ~would feel if you just discovered that over the course of the last year, your $1000 stock investment % V0 y7 h9 ]: Z4 n- W1 l5 A0 y
left you with $50, and taking same 1000, buying beer, and drinking it, would leave you with $80.
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I'll leave it up to the reader to come up with they're
8 p- t, q; a" d9 |- @% G6 gown "moral to the story".
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/ l' e% M+ l# V) p [$ |" f, ^Have a nice day, and happy investing. |
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