Vonage IPO takes a dip

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Idiots & Windbags

Whoever said that Vonage doesn't have anything unique to offer doesn't grasp how groundbreaking their technology is.

I've seen people panning them all week, saying things like they were "begging their customers to buy their shares pre-IPO". That's nonsense-I'm a customer myself, and I saw everything they sent me. In fact, their Directed Customer Share Program was oversubscribed. I tried to buy 1,000 shares but could only get 300.

The so-called experts deriding this stock apparently never got a voicemail as an email attachment. Or a billing statement completely online. Or an instant record of every phone call they ever made or recieved. Or got a phone number with an area code outside their home city. Or made an international phone call for pennies on the dollar.

No other VoIP provider can make those claims. The big phone companies are doing everything they can to scare people away from a revolution that's going to put them out of business. And eBay is jumping on that bandwagon because they don't want Skype to lose ground. Now THAT's a phone offereing that will never make money. They can't give it away. Vonage makes money on every customer and is just getting warmed up.

I've already bought more shares today. Listen to the customers. These talking head analysts are just plain wrong.

Posted by: i_wis@...   Posted on: 05/24/06 You are currently: a Guest | Members login | Terms of Use

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