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新视野大学英语视听说教程第三册听力原文unit 10

新视野大学英语视听说教程第三册听力原文unit 10
新视野大学英语视听说教程第三册听力原文unit 10

W: Let me recommend my broker to you. He's really done well in the stock market over the last few years.

M: The real question is this: How have you done by taking his advice?

Q: What does the man mean?"

M: Many investors jump on IPOs, hoping to get rich by getting into a stock early, before it goes up.

W: But isn't that a bit like buying a book without reading it? I mean, what if it doesn't go up?

Q: What is the woman's opinion?"

W: The Dow was down again today. It's hard to make money when high fuel prices are killing the stock market.

M: There's still money to be made. If you bought oil futures three months ago, you'd be smiling right now.

Q: What can we learn from the dialog?"

M: I can't wait to get back to my computer. Online share trading has totally changed the stock market and the lives of investors. Hook up to the Internet and be your own broker!

W: In other words you can cut out the middle man now. For about $500, you can open an account and begin buying and selling shares from your own home, 24 hours a day.

Q: Which of the following is true if they want to trade shares on the Internet?"

M: Hold onto your hat! We'll be rich. I'm buying shares in a new company. The Initial Public Offering of shares is Friday.

W: You can't buy IPO shares unless you have a big active account with a broker. The days of dot-com fortunes from IPOs are over.

Q: According to the conversation, what is the condition for buying IPO shares?"

Tell me about the stock exchange.

George: I'm supposed to give a presentation on the stock exchange, but I don't yet know a thing about it. Could you give me some tips?

Diana: The problem with you is that you've skipped too many classes. Now, let me give you a few tips. First of all, you need to define the stock exchange. It's an organization of brokers and investment bankers. In Europe it is often called a bourse.

George: Could you tell me more about it? Like, how does it work?

Diana: It provides facilities for the trading of company stocks, mainly the location and the record-keeping devices.

George: Can I go and trade there?

Diana: It depends. You have to be a member of the exchange before you can buy and sell shares there. They call it having ""a seat"" on the exchange.

George: Sometimes they use the term ""stock market"".

Diana: Well, the trading of stock on stock exchanges is called the stock market.

George: How can a company be listed on the stock exchange?

Diana: It has to meet certain requirements. To be listed on the New York Stock Exchange last year, for example, a company had to have issued at least a million shares of stock worth $16 million and had to have had more than $2.5 million net income.

George: Wow, that's a huge sum! Small companies haven't got a chance.

Diana: Big companies have more influence on the stock prices after all.

George: I see what you mean."

Stockbroker helps Mr. Junkie to short.

ABC stock reached $155. ""$155 for a stock that should be valued at $100. Wow!"" ""That's it,"" I said to myself. ""It's time I make a decision. I'm going to short that stock."" I thought to myself, ""This stock is overvalued. It can't remain at the present level for long. This means money in the bank.""

So I phoned my broker.

""I want to place a trade. I want to short 1,500 shares of ABC.""

""I'm sorry, Mr. Junkie,"" he said, ""I can't process that for you. Your account is a cash account. You need a margin account to short a stock. I can send you the application form or you could go to your nearest financial institution to fill out the forms.""

The minute I got off the phone, I headed out the door because time is money. I ran to the financial institution to fill out the form and sent it to the broker by express mail service. Next morning I called him.

""Hello, it's Mr. Junkie. Did you get my application?""

""Yes.""

""Great, I would like to short ABC then.""

""One minute please... I'm sorry, Mr. Junkie, but you now need a shorter's account.""

""What! You mean the margin account isn't enough?""

""No, you also need a shorter's account. Any financial institution nearby has the forms.""

Off I ran again. I completed the form and had a taxi deliver it directly to my broker. In the afternoon I called again.

""Hello, it's Mr. Junkie. I want to short 1,500 shares of ABC at $155.""

A few moments later he answered, ""Mr. Junkie, I'm sorry, but I don't think that is possible.""

""Why not?""

""Well, the last trade went through at $99."""

Who am I if I own stocks?

When a person buys stocks in a company, that person becomes a shareholder in that company. Stockholder is another name for shareholder. A shareholder can also be called an investor of the company. When that company makes money, which can also be called earned income or profit, the value of the company's stock often increases. That's because more people may become interested in investing in the company. Sometimes, shareholders receive a dividend, which is part of the company's earned incomes, in the form of a cash payment.

Some people try to make money by buying and selling stocks. Stock prices can move up and down. Shareholders may make money or lose money by selling stocks that they own, depending on whether the price has gone up or down since they bought their shares. A company's stock price may be affected by market or economic conditions. For example, let's say that BCD Enterprises is a software company that has introduced a new video game into the market. If that game is a hit, sales of the video game could boost the company's earnings. Because of the potential for BCD Enterprises to grow, its stock may be viewed as an attractive investment and its stock price may go up as more people buy its shares. On the other hand, let's say the video game that BCD Enterprises introduced is a flop. Or, it could be a good game, but BCD introduced it at a time when people are spending less on leisure products, and hardly anyone is buying the game. So it's reported that BCD is losing money because of this new product. Then the stock price for BCD Enterprises may go down if a number of shareholders decide to sell their shares."

Investing in the Stock Market

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 and then sell 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're 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 chances.

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

Sylvia: So you probably want to stick to blue chip stocks for a guaranteed return on your investment.

Gregory: That sounds right up my alley."

What do you know about NASDAQ?

As the world's largest electronic stock market, NASDAQ is not limited to one central trading location. Rather, trading is executed through NASDAQ's complex computer and telecommunications network, which sends real-time quote and trade data to more than 1.3 million users in 83 countries. Without size and location limitations, NASDAQ's open market structure allows a virtually unlimited number of participants to trade in a company's stock.

Today, NASDAQ lists the securities of nearly 4,100 of the world's leading companies, and each year it continues to help hundreds of companies go public.

Trading on NASDAQ is not limited to any fixed number of participants. This allows a large number of firms with widely different business models and trading technologies to connect to the NASDAQ network and compete on an equal basis. Rather than forcing investors to go through a single financial firm to buy or sell stocks, NASDAQ links up a variety of competitors and lets participants choose with whom they are going to trade.

Central to NASDAQ's market structure is a core group of financial firms called market makers. More than 500 market making firms trade on NASDAQ, acting as distributors for NASDAQ-listed securities. Those market makers are unique in that they invest their own capital in NASDAQ-listed securities, and then turn around and distribute the stock as needed. They are required at all times to post their bid and ask prices in the NASDAQ network where they can be viewed by all participants. By being willing to buy or sell stock using their own funds, the market makers strengthen NASDAQ's market, ensuring that there are always buyers and sellers for NASDAQ-listed securities and enabling trades to be filled quickly and efficiently."

Stockbroker as Liquidator

In the midst of the shaky stock market of last week, many brokers got calls from their clients requesting they sell their shares. One broker told such a story:

One of my clients called me on Thursday. He was anxious and out of breath, and spoke with great urgency.

He said to me, ""John, sell it all. Sell everything, fast, right away.""

I tried to explain to him that the market was cyclical, and that in the long term stocks would return to normal.

He said, ""John, let me tell you a secret. You know I've been married for six years now, and I've been your client for five.""

""Yes, go on,"" I said encouragingly.

""Well, my wife Lucie has a sort of phobia about the market. When we got married, I promised her that I would follow in her parents' footsteps and never venture into the stock market and always leave all our money under the mattress. Her great grandparents once lost everything in a great crash, and ever since then her family found investing in the market similar to crime.""

""Wow, Howard, I didn't know that. I guess you want the money because the market is going down.""

""No, John, I want the money because she ordered a new mattress, and it is being delivered in two days."""

A Stock Market Crash

A stock market crash is a dramatic loss in value of shares of corporations. Crashes often follow speculative stock market bubbles such as the dot-com boom.

After the most famous crash in 1929, known as the Black Thursday when the Dow Jones Industrial Average dropped 50%, there came the Great Depression. The following years saw the Dow drop a total of over 85%.

There was also a crash on Monday, October 19, 1987, known in financial circles as the Black Monday, when the Dow lost 22% of its value in a single day, bringing to an end a five-year bull run. The pattern was repeated across the world.

The stock market downturn of 2002 was part of a larger bear market that took the NASDAQ 75% from its highs and broader indices down 30%.

Stock market crashes are driven by panic as much as by economic factors. They often follow stock market bubbles. So long as the prospect of further daily drops in the value of stocks continues, those who invest in equities will be discouraged. If few people are willing to make further investments, a bear market is expected to persist."

Worsening Bank Assets

Many of the traditional quantitative and qualitative indicators suggest that bank asset quality is deteriorating, and that supervisors therefore need to be more sensitive to problems at individual banks, both currently and in the months ahead.

Some of the credits that were made in earlier periods of optimism -- especially syndicated loans -- are now under pressure and scrutiny. The softening economy and all special circumstances have

especially affected borrowers in the retail, manufacturing, health care, and telecommunications industries. California utilities, as you know, have also been under particular pressure. All of these, and no doubt other problem areas that are not now foreseeable, require that both bank management and supervisors remain particularly alert to developments.

We are fortunate that our banking system entered this period of weak economic performance in a strong position. After rebuilding capital and liquidity in the early 1990s, followed by several years of post-World War II record profits and very strong loan growth, our banks now have prudent capital and reserve positions. In addition, asset quality was quite good by historical standards before the deterioration began.

Building on banking practices, we are in the process of improving both lending and supervisory policies that we trust will foster better risk management; but these policies could also reduce the pro-cyclical pattern of easing and tightening of bank lending and accordingly increase bank shareholder values and economic stability. It is not an easy road, Mr. Chairman, but it seems that we are well along it."

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(完整版)新视野大学英语视听说4答案(第二版)

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新标准大学英语视听说教程听力原文

Unit 6-Conversation 1 Janet: What are you reading, Kate Kate:Alice in Wonderland, by Lewis Carroll. Do you know it Janet: I've heard of it, yes, but I've never read it. It's a 19th century children's story, isn't it K a te: That's right. It's very famous. It's set in Oxford. It starts with this young girl sitting on a river bank. The interesting thing is, the author, Lewis Carroll, he was an Oxford professor and he used to have tea with the girl's family on this river bank. Ja net: Oh, that's fascinating! I'll put it into my diary. Kate: Is that what you're writing I know you've been keeping a diary all the year. Janet: It's been a great year. I've had such a good time — so lucky to have Mark and Kate as friends. Feel I've been doing well with work. Much happier about asking questions in tutorials. Janet: My screen's gone dark. Mark: You're using the battery, remember. It's run out, obviously. Janet: It can't be the battery. It's still charged. Oh no it's still black. Oh dear, I hope it's nothing serious. I haven't backed anything up recently. Kate: That's not like you, Janet. Janet:I know, but I lost my memory stick. I really should have backed things up. How stupid of me not to do that! Supposing I've lost everything! Mark: Let me take a look. The power is still on. And also the operating system still seems to be working ... I think it has to be the graphics card ... But maybe that's not the problem ... Janet: If only I'd backed things up! Kate: Relax, Janet! We'll take it to the computer shop this afternoon. I'm sure it'll be OK. Janet: I hope so. Unit 6-Conversation 2 Janet: Tell me about Alice in Wonderland. Kate: I tell you what, I'll read it to you. Kate: Alice was beginning to get very tired of sitting by her sister on the bank and having nothing to do: Once or twice, she had peeped into the book her sister was reading, but it had no pictures or conversations in it, "and what is the use of a book," thought Alice, "without pictures or conversation" So she was considering in her own mind (as well as she could, for the hot day made her feel very sleepy and stupid) ... Janet: Kate, Mark, where are you going You've got my laptop! Kate: It's all right, Janet, we're taking it to the computer shop. We'll be back soon. Mark: It's not like Janet to forget to back up her work. Kate: She should have been more careful. Janet: It was stupid of me, I know! Stupid, stupid! Janet: Oh! It was a dream! What a relief! Kate: You were talking in your sleep. Janet: What was I saying Kate: "Stupid, stupid." M ark: I've sorted out your computer. Janet: Have you Oh, thank goodness! What was the problem Mark:It was the graphics card, as I predicted ... Janet: Is that what it was! I'm so relieved! Thanks, Mark. Kate: He's great, isn't he Janet: Yes. So are you, Kate. Kate: You're such a good friend. Unit 6-Outside view Computers are a very important part of our lives. They tell us about delays to transport. They drive trains, analyze evidence and control buildings. Did you know that 60 per cent of homes in Britain have got a PC (a personal computer) For many young people, playing computer games is their favorite way of spending spare time. Computers are a very important part of most areas of life in Britain-libraries, the police and in school. But they are becoming more important in our homes as well. They’ll even control the way we live-in “smart homes” or computer-controlled houses. The smart home is now a real possibility. It will become very common. A central computer will adjust the temperature, act as a burglar alarm and switch on lights, ready for you to come back home. And of course you will be able to give new instructions to the computer from your mobile phone. So if your plans change, your home will react to match. Many homes have got lots of televisions and several computers. The smart home will provide TV and Internet sockets in every room, so you’ll be able to do what you want whenever you want. If the temperature outside changes, the smart home will adjust the temperature levels inside. The computer will also close the blinds when it gets dark or to stop so much sun from entering a room. And if you want to eat when you get home, the computer will turn the oven on for you! Are computers taking over our lives In a survey, 44 per cent of young people between 11 and 16 said their PC was a trusted friend. Twenty per cent said they were happier at their computer than spending time with family or friends. Another survey found that people in Britain spend so much time on the phone, texting and reading emails that they no longer have time for conversation. What do you think about that Unit 6-Listening in

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第三版新视野大学英语 视听说 Coca-cola standardization office【ZZ5AB-ZZSYT-ZZ2C-ZZ682T-ZZT18】

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Shot conversation B C A D C Long conversation B A A C Passage1 D C A B Passage2 believe in circumstances searching for a strong sense of responsibility insecurity integrity accomplishing are longing for priorities unite test part1 B C A D C part2 D A B C C part3 B C A A D part4 opening struggled progress remaining emerged continued enlarge crawling get through as strong as unite 2 Sharing T2 mood sun smile feeling T3 b-e-a-d-c T4 3 5

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Directions: In this section, you will hear several conversations. At the end of each conversation, one or more questions will be asked about what was said. Both the conversations and the questions will be spoken only once. After each question there will be a pause. During the pause, you must read the four choices marked A), B), C) and D), and decide which is the best answer. A: How are you getting along, Julie B: After the vacation Much refreshed. A.It is interesting. B.It is tiring. C.It is exciting. D.It is refreshing. A: Why are you so cheerful while I'm so stressed all day B: Well, you should work off your stress. A.work not so hard B.work on easier problems C.eat healthy D.get rid of her stress I see you laughing all the time. B: Oh Eric. I'm ... reading a comic book. A: Comic book I didn't know you are interested in it. B: Well, it's a recent interest. When I was low in spirit three months ago, a friend gave me a comic book to read. And I became instantly addicted to such books. You know ... the pictures are so funny ... now I feel much better. A: I didn't know that. No wonder you are always in good spirits these days. B: Yes, and maybe you should read them, too, Eric. A: I ... I don't know. I'm just too busy with my thesis. It's for my master's degree and time is running out ... Ah, pretty much stress on me. B: Now you see Eric That's why you need to give yourself a break to read something amusing. It helps, I promise. A: Really Can reading comic books reduce your stress B: Of course. I'm a living example. Actually I'm having stress too ... you know, the tests, the job, things like that. But when reading the fun stuff, I just forgot all my worries. Later I find myself more powerful to deal with the issues in my life. A: That sounds magical. I'd like to try. Er ... what are you reading now B: Garfields, the cat. It's good. There's another one and you can borrow it. A: Oh, thank you, Penny. You're very helpful. Questions 3 to 5 are based on the conversation you have just heard. months ago, a friend gave Penny _____ when she was in low spirits. (岭师分享群4发布) A.a flower B.a comic book C.a comic DVD

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Task 5 BCBCB Task 6 1.(1) started off (2) a huge business empire 2.(1) teacher (2) taught me so much about life 3.(1) imprisoned (2) survived (3) impressed (4) ability or the skills Listening Task 2 Activity 1 1, 2, 3, 4, 5, 6, 9, 10, 11

Viewing Task 2 Activity 1 3 Activity 2 e-g-c-b-f-a-d Activity 3 1.90 minutes 2.true landmark 3.(1) 10 times (2) focus 4.make this challenge 5.seven miles 6.(1) four months (2) outstanding achievement

Role-play Task 1 Activity 1 B Activity 3 1. Like I said 2. having said that 3. That's what I was saying Presenting Task 1 Activity 2 1, 2, 3, 6, 7, 9, 10, 11

新标准大学英语视听说教程1听力原文

Unit 1 Starting out Outside view Julie My name's Julie Dearden, and I'm the Director of International Programmes here at Hertford College. Eugene My name's Eugene Berger, I studied here in Oxford for four years er, studying modern languages at Somerville College. Julie Oh, there are many Oxford traditions. Oxford is a very old university, the oldest English-speaking university in the, in the world. And so there are many traditions which are associated with the colleges, with the times of the year, and with sport, and with eating, for example. Eugene Each college is very different um, from um, the others, and it has its own character. Some colleges are very conservative, and some are much more liberal and have a tradition of um, kind of liberal politics. But there are also some specific traditions. Julie Formal Hall is when we all eat together here in college, the professors and the students. Usually it takes places at seven o'clock in the evening, and the professors sit on high table which is the table over here, and the students sit on common table, which are the tables here. But everybody eats together. It's a very beautiful evening because there are, there's a special meal and we eat by candlelight. Eugene I think er, the traditions that make Oxford so unique are firstly the Oxford Union and er, secondly, May Day. The Oxford Union being a debating society where speakers come from all around the world to address the students and even allow themselves to be questioned by the students, making it a very interesting forum. Julie My favourite is er, May Day. And May Day is the first day of May, and we have a tradition called May Morning, and on May Morning everybody gets up very early and the students have a celebration. There is a choir which sings on top of the tower at Magdalen College and all the people of the town and all the students go to listen to the singing. So it's very nice. Eugene The tradition that er, was most important to me was probably Summer Eights. I was a rower. And Summer Eights is a rowing competition, held in May in the summer term. And in this competition, each college is trying to improve its place which it won the previous year and gradually work its way up the river. Julie When the students take exams, they must go to a special building and it's called Examination Schools. And also they must wear a special uniform, so they wear E.gown like mine, a black gown, and they wear a white shirt, arid the men wear a white tie and black trousers. The women wear a white shirt and a black skirt or black trousers. And they must wear this uniform, which has a Latin name - sub fuse — and they must wear this uniform in order to take their examinations. Eugene I think the Oxford traditions lend character to the place and it's such an old institution, it should have traditions, but they can be very inconvenient. For example, sub fuse. This is the uniform that we are required according to the university rules, to wear. Julie They also wear flowers in their buttonholes, and those flowers are carnations. And they wear different colours, the students wear different coloured flowers for different examinations. So when you take your first exam you wear a white flower, and when you take your second exam you wear a pink flower, and when you take your final examination you wear a red carnation. Eugene So we have to dress up in a full black suit, starched collar, white bow tie and carry a mortarboard. And to write an exam in the summer heat whilst wearing all that which you're not allowed to take off is um, uncomfortable. Julie I really like the Oxford traditions, I think it's part of our history, and part of um, being a student or a teacher here at Oxford University. Listening in Passage 1 Interviewer Can you tell me something about the Ivy League? You're a professor at Harvard, is that right?

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