Another day, another blank where the RFID ticker was supposed to be on the Nasdaq. In case you missed it, Alien Technology, which was supposed to go public July 21, has delayed its IPO until market conditions improve (always a rather open-ended condition).
My esteemed colleague Tim Mullaney may yet win the price of one Alien Technology share (currently $10-$12), which he offered to bet on the deal not getting done. I don't know whether anyone took him up on the wager (I sure didn't). Note, however, that with the odds now in his favor, Tim is trying to up the stakes to lunch! Save that jive talk for the three-card-monty dealers, Tim. You're playing for $10-$12, which in midtown Manhattan will buy you a slice of bread. (Disclaimer: Tim and I are just having some fun.)