新视野大学英语视听说教程版第三册unit10答案(含听力原文)

Bill: The important point is that you have to demonstrate you’re financially

qualified to be listed on the stock market.

Now Your Turn

A: Mr. Smith, though your company has grown fast few years, the market is changing the rapidly. So you need to think the long term and take proactive measures; otherwise, you’ll find it behind the competition.

B: You’re quite right, but can you be more specific about what we must do A: Don’t you think your company is a bit short of funds to expand production at the moment. B: That’s right.

A: You simply can’t afford to upgrade your facilities without large external investments.

B: Perhaps I have to borrow money from the bank. A: It won’t lend you so much money. B: I haven’t tried it.

A: Even if you got a loan, the interest rate for large sum would be more than you can afford. I’m convinced, the only way to gather funds you need is to go to public.

B: What should I do then

A: Let me explain the requirements for an IPO.

B: I’m all ears. I want to have a thorough understanding of what this entails before I make further decisions.

A: The important point is that you have to demonstrate that you are financially qualified to be launched on the stock market. You must show you have a capital of 50 million yuan.

B: Our company does have that amount of money. Are there other requirements A: You have to prove that the company has been making a profit in the past three years. It’s also essential that there are no false financial reports. B: Ok, no problem. I’ll try to go through the Registration procedure to get our company listed.

MODEL 3 Nothing is certain n the stock

market

Susan: Hey, Chris, have you read the paper today Chris: No. why What’s up

Susan: The store market has dropped again.

Chris: Oh, no! Not again! How many points did it lose this time Susan: One hundred.

Chris: Let’s see…that’s a drop of three percent. Well, there goes the money I was going to use to buy a new car.

Susan: Before you get upset, I think you should look at the stock listings for today. Chris: What for

Susan: Well, some stocks actually gained, especially telecom stocks.

Chris: Let me see that paper. You’re right! My stock went up five percent overnight! That’s great!

Susan: For now, anyway. It may plunge tomorrow.

Chris: you’re right. I’m going to call my broker cash in my stocks. I’m not taking any more changes with my savings.

Susan: You’re wisher than most people I know. Sometimes it’s better to play it safe.

Now Your Turn

A: Hey, Jack, I hear you become a millionaire by investing in the stock market. But I always lose money in the market. Can you give me a few tips B: First of all, let’s look at the stock listing in today’s newspaper. A: Wow, the stock market dropped again. B: What stock did you buy A: BCD.

B: How many points did it lose this time A: More than a hundred.

B: Let’s see…That’s a drop of nearly five percent.

A: Oh, there goes a lot of my money. I’m thinking about pulling out of the market. B: Before you get upset, I’d like to give you some advice. A: What’s that

B: Well, the market is cyclical. Through you’re losing money now, your stock may gain in future. Personally, I believe your stock is a good one. You’d better keep it until it goes up one day. A: So I can’t make money in a short time

B: Let’s look at XYZ stock. It’s now a junk stock, but it’s been low for a long time. It may climb up at any moment. A: So, I’ll buy it and wait for it to go up.

B: And cash in your stock when it reaches a point that is high enough to give you a profit. My basic principle is to buy at the bottom and sell at the peak. A: I see. I’ll buy low and sell high. But what if XYZ plunges again after I buy it

B: You have to take changes. There’s always risk in the stock market.

Let’s Talk

Gregory: I’ve been thinking about getting into the stock market, but I don’t know

where to start. What do you know about buying stocks

Sylvia: Well, I have a few investments, so I know a little about it. Now it is

probably a good time to invest. The market is low; prices are probably pretty good.

Gregory: So you mean it’s high time to enter the market What kind of stock do you

suggest

Sylvia: I won’t recommend any specific stock. You have to make the decision on

your own. If you want to make money quickly, you could try speculating.

Gregory: What do you mean by speculating

Sylvia: You buy stocks that go up quickly for a fast profit.

Gregory: Isn’t that risky Stocks that go up fast also tend to go down fast. Sylvia: You just have to guess how high they’ll go, and then sell when you think

they are about to come down. If you guess right, you can make lots of money in the blink of an eye.

Gregory: But I hear that many people guess wrong. When they think the market is

already very low, they start to buy. Then the market continues to drop.

Sylvia: In that case you will lose your shirt. But to make money, you have to take changes.

Gregory: Hmm, I’m not much of a gambler.

Sylvia: So you probably want to stick to blue chip stocks for a guarantee return

on your investment.

Gregory: That sounds right up my alley.