There has been much talk recently about the ticker symbol Transmeta will
acquire once it "goes IPO." The speculation is not idle. Ticker symbols are more
or less arbitrary, but they follow a company forever and they never stop
blinking in bright red pixels across the ticker boards of stock exchanges from
here to Hong Kong. And now, at long last, we at Transmetazone have the answer to
at least a few of your questions on this matter.
Will Transmeta be immortalized as TSM? Or RANSM? Or perhaps SMET? The company
gets to select its own ticker-moniker, but then the New York Stock Exchange, or
its relevant counterpart, checks its ticker database to prevent overlap with
other companies. As the NYSE states, it's a first-come, first-served process,
and the chosen name must be unique in all the markets the company trades in.
A start-up dot-com, for instance, like www.fashionhurts.com, would have to
accommodate such earlier comers as the venerable Ford Motor Company (with its
succinct "F"), the Fairchild Corporation (with its much-coveted "FA"), not to
mention Fisher Scientific International, Inc. (which goes by fashionable "FSH"),
and, last but not least, The Finova Group, Inc. (whose ticker symbol reads like
a license-plate of fashion-based jealousy, "FNV"). An entertainment/satire site
like Fashionhurts might be forced to
resort to a name like "FATS" if it's to become IPO-worthy.
But that is all by the by. Transmeta has already picked its ticker
symbol for the Nasdaq. So all you IPO fans can go to bed. The letters that will
flash across the ticker boards of stock exchanges worldwide, very soon, to
denote Transmeta Corp., will be TMTA. When does that stock start trading? We'll
let you know.