JSRoman
Premium
join:2005-03-10
Callahan, FL
| Run as fast as you can from this offer!
You have to be absolutely crazy to invest any money in Vonage.
1- If doesn't control the pipe. NO QOS.
2- Have you noticed that vonage has yet to turn a profit.
3- Cable companies are just starting to gain steam selling voip and in short time Charter,TW and Comcast have all gained booku voip subs. Noticed the runup in Comcast stock the last couple of weeks and the praise it received for quarterly numbers.The big number was 211,000 voip subs. TW the 270,000. Get the picture.
IMO you investing in Vonage is like going back in time and buying a ticket on the Titanic.
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President Hillary Clinton! Are you scared yet?
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dclee9
join:1999-10-17
Walnut, CA
1 edit | look at packet8
it's around $1 and it's not profitable as a company too! |
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Freezone
join:2000-09-29
Southfield, MI | No this is a gamble buy it at ipo price and dmp it later. |
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cableties
Premium
join:2005-01-27
 ·Verizon FIOS
| reply to JSRoman
True.
Co-worker told me of the IPO (I recall deleting the email as I'm a Vonage user). I laughed. I mean, Citron wanted to sell this puppy and now wants to get an IPO and get a jump then bail.
Comcast and other VoIPs are catching up if not already. Buying means you'll lose and then someone will buy Vonage after the stock drops to a buyout price. Citron will take his GoldenParachute and jump (unfortunately NOT into the props).
Google was a windfall and comparing it is not exactly a good choice. Google makes money off ad revenue, Vonage is just another VoIP. Once other's offer same service for under $20, Vonage will suffer. (remember they had to drop their price tier several times to compete).
I can buy alot more $2-4 stocks and gain more than this risk. |
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