"Why is there a joke about the stock market

altered and used as proof of crashes?"

Sean White

Nancy is getting so desperate she's using comedy material as proof of the Zetas predictions, although failing to verify the source before announcing it on the IRC chat.

Session Start: Sat Feb 15 11:38:07 2003
Session Ident: #zetatalk

[13:58] <NancyL> SIGN of the TIMES #5
[13:58] <NancyL> Investment Advice: If you had bought $1000.00 worth of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 of the original $1,000.00. With Worldcom, you would have less
[13:58] <NancyL> than $5.00 left. If you had bought $1,000.00 worth of Pepsi (the soda, not the stock) one year ago, drank all the soda, then turned in the bottles for a 5 cent deposit, you would have $107.00.
[14:05] * NYCtrader has joined #zetatalk
[14:05] <NYCtrader> Nancy: 1 year ago (2/14/02) Nortel stock closed at
$5.72, so $1000 bought 174.8, or rounded 175 shares; on friday 2/14/03,
Nortel stock closed at $2.31, so your investment is  $404; so your statement that if you had bought $1000 of Nortel stock 1 year ago and now it being worth $49, is incorrect
[14:09] <NancyL> NYC Trader, this was not my statement, forwarded to me, so I did not check the accuracy, sorry.

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From:  Sean White <sirgrim007@y...>
Date: Mon Feb 17, 2003  8:41 pm
Subject: Jokes in IRC Sessions used as proof.

Why is there a joke about the stock market altered and used as proof of crashes? Here's the joke, enjoy.

In October of 2000, two friends, Bill and Bob, each received a $1,000 bonus from their employer, Nortel Networks. Bill, being a financially conscientious person, put the whole $1,000 into Nortel Networks stock. He was able to purchase 15 shares at $63.25 each (plus my broker fees, oops! I did say this was a fictional story). Having watched the Nortel stock climb and climb, he felt very good about this investment, happy that he was preparing for the future.

Bob, being a more care-free sort of dude, did something different with his thousand bucks. He went into the liquor store and purchased 34 cases of beer. Bob also felt very good about his investment: 34 cases x 24 = 816 bottles of beer! Bob calculated he could drink about 15 bottles per week, and he wouldn?t have to buy beer for a whole year.

Bill, of course, was appalled by Bob?s purchase, and berated him constantly about it. As months went by, Bill excitedly watched the stock price, and saw it dwindle. ?It?ll go back up,? he?d say. Meanwhile, Bob, who has been reaping the benefits of his investment on a daily basis, would reply, ?Sure it will. Hang in there, buddy?.

As the value of the stock continued to fall, there was beginning to be a noticeable dent in the beer pile. Bill, being sure that the stock had hit rock-bottom, still was berating Bob for his frivolous purchase, telling him, ?Your beer will be gone in six months! Who knows what my stock will be worth!!?

Well, summer came and went, and hard times at Nortel continued. Both Bill and Bob lost their jobs in the final round of layoffs. In order to raise some cash to help through the rough times, Bill sold his 15 shares, at that day?s value of $5.40, and received $81. Bill stopped by Bob?s house later that day (everyone needs a friend, and a beer, during rough times), and as luck would have it, there were two bottles of Bob?s beer left. Bob, being a compassionate friend, offered to share his last two bottles of beer with his friend. Bill appreciated the gesture, and enjoyed the cold beer , but he felt a little guilty.

?At least I got 81 bucks out of it. You have nothing now,? he said. ?That?s ok,? replied Bob. Maybe you can help me return all these empties.? So they loaded up the empty bottles and proceeded to the beer store. Bob went to the counter to collect his deposit on the bottles. ?Thirty-four cases x 24 bottles, at 10 cents per bottle, that comes to $81.60,? the friendly Beer store clerk said to Bob as he handed him the money. Bill was speechless.

[Sean White (aka Sirgrim) is a member of TT-INC and moderator of the Zetatalk IRC, yet here he is showing open dissent against Nancy and destroying her credibility on her accuracy topics. (Careful Sean it's likely to get you the chop.)]

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