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Old 06-02-2006, 01:30 AM
HoldingFolding HoldingFolding is offline
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Join Date: May 2004
Location: Silence is so accurate
Posts: 1,469
Default Re: You don\'t have to pay for your Vonage shares

This company will never make money, they look like a very good short option. As DesertCat pointed out the only reason they went public was so those on the inside could get some cash out. My previous post concerning the Vonage IPO:

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I would steer well clear of this company as I believe it will be very difficult for them to ever make money. Essentially, they are caught between the rock & the hard place, companies like Skype that don't charge and companies that 'own' the last mile that can essentially survive off the fixed cost of your internet connection. In Japan, which has very high VOIP penetraton, companies like Vonage do not really exist since the ADSL suppliers provide VOIP for next to nothing.



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