Wednesday, December 07, 2005

Not on my Amazon wish list

Dug this old chestnut out yesterday, a very interesting account of the BT IPO process, stolen from the Nikko Securities London library in the days just before the company shut down in late '98. The BT IPO was arguably the pivotal event in the development of the EuroTelcohell investors are living through currently.

UPDATE: Double Platinum Club charter member Chickenman chimes in to let me know that this book is actually very valuable. At £53.78, it's worth 25 BT shares at their current price, or around 3.8 shares at their mid-bubble high. Does that observation in itself prove something?

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