PhoenixDownFIOS is Awesome Premium Member join:2003-06-08 Fresh Meadows, NY |
Can Vonage float it or is this the death bell?... | |
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Re: Can Vonage float it or is this the death bell?let's do the math:
1 million subscribers (my estimate, probably higher than that) x $25/month (on average, probably a little lower with all the plans they have) = $25,000,000/month.
i'm guessing their overhead ain't $25 mill a month.
dunno, hope they go far. love the service. | |
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| | mikenolan7 Premium Member join:2005-06-07 Torrance, CA |
Re: Can Vonage float it or is this the death bell?According to Wikipedia:
"Until recently Vonage held the most subscribers at 2.4 million subscriber lines"
They "until recently" part had to do with Comcast passing them with 5 million, not any statement that the 2.4 million had dropped. | |
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Hehe
Anon
2007-Nov-16 3:31 pm
PooI hate all the sueing! | |
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Re: PooYeah, it seems like such a waste of money, but, companies have to protect their intellectual property, I suppose. | |
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anoooon
Anon
2007-Nov-16 3:37 pm
This is so wrong...A company like this shouldnt have been sued so badly.... | |
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gatorkramNeed for Speed Premium Member join:2002-07-22 Winterville, NC |
Ah HA!So this is how Verizon can afford to roll out all these wonderful speeds over their FIOS network.. | |
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Cabal Premium Member join:2007-01-21 |
Cabal
Premium Member
2007-Nov-16 3:41 pm
Where are Vonage's defensive patents?Everyone in the tech sector knows the patent system is broken (or at least has very significant flaws), but because everyone plays the game, that means you have to, too. Where are Vonage's defensive patents? I work in the VoIP sector, and while I'm sure we are violating someone's patents, we have plenty of our own that keep the big dogs off our backs. Was someone at Vonage planning, ever? | |
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FFH5 Premium Member join:2002-03-03 Tavistock NJ |
FFH5
Premium Member
2007-Nov-16 3:42 pm
And the Shareholder suits haven't even started yetVonage, which first sold shares to the public for $17 each in May 2006, also faces suits from investors. They say the company's prospectus misrepresented or omitted information about its products and the experience of some managers. The IPO was for $17/sh and the shares are selling for $2.13/sh now. Those suits and the banks wanting their money on the loans could sink Vonage by mid year 2008. | |
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| bngdup join:2007-02-20 Old Bridge, NJ |
bngdup
Member
2007-Nov-16 4:01 pm
Re: And the Shareholder suits haven't even started yetAhh yes the armchair accountant who keeps extending his "Vonage is Dead" prediction on each post.
I can make up arbitrary dates too!
Vonage's various legal and financial troubles could bring it down by March of 2009.....see its real easy | |
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to FFH5
said by FFH5:Vonage, which first sold shares to the public for $17 each in May 2006, also faces suits from investors. They say the company's prospectus misrepresented or omitted information about its products and the experience of some managers. The IPO was for $17/sh and the shares are selling for $2.13/sh now. Those suits and the banks wanting their money on the loans could sink Vonage by mid year 2008. If Vonage has only about $155 million in cash, how will they pay it and keep operations going at their ridiculous ad rate expenditures? Firing Citron would be a good idea. Not sure if any manager with brains would want to run this loser. | |
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Re: And the Shareholder suits haven't even started yetsaid by supergirl:If Vonage has only about $155 million in cash, how will they pay it and keep operations going at their ridiculous ad rate expenditures? $98 million of this is already set aside: » pr.vonage.com/releasedet ··· D=271491I don't recall all of the details, but the appeal or something was only allowed because they had set aside $66 million or something and then they were required to make quarterly escrow payments on top of that. The other $22 mil or so will come out over time. | |
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It's kind of funny.....It's kind of funny that nobody took notice of Vonage until they became successful. I would be willing to bet they never had a patent infringement until they started making money, which the telcos hate. It is very reminiscent of the old Tucker case when Ford and General Motors took him to court so they could put him out of business. Afterward, they cannibalized Tucker's design.
After Vonage, Bell started their own voip too. So did everybody else. In the meantime, after Vonage's death blow, voip will become just as expensive as land lines with minimal overhead for Bell. That means it will be pure profit. | |
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| paulme join:2007-11-06 Kirkland, WA |
paulme
Member
2007-Nov-16 5:39 pm
Re: It's kind of funny.....said by AlsknSnoBals:It's kind of funny that nobody took notice of Vonage until they became successful. I would be willing to bet they never had a patent infringement until they started making money, which the telcos hate. Well... yes, why would you go to the trouble of suing someone who didn't have any money. Its the way that industry works. Those making money get sued (a lot). | |
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to AlsknSnoBals
Tell me about it VerIZsuen has had a stick up its backside since Vonage took most of their subscribers. This is just VZ trying to re-coop their loss instead of being competitive in the marketplace. The Big 3 had it in for Tucker because he was making a safer car then they could for an afordable price. Safety Glass, Disc Brakes, and pop out windows to name a few of Tucker's innovative ideas. These made the car impressive, and of the entire run of cars; nearly all of them are drivable to this day (and are driven often). This isn't the only time the big 3 went after the little car maker. They went after one of their own designers with threats and ruined his company, life, and reputation. The DMC and Bricklin SV-1 both were put of business by shortsighted Car executives who wanted the big bucks. VZ, Sprint, AT&T, and others are looking to kill competition/diversity, and fair market practice just because they are losing money. Grow up and get a life. Stocks are risky live with it instead of suing. The pledge should state "The home of the sue happy and proud." | |
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| rradina join:2000-08-08 Chesterfield, MO |
to AlsknSnoBals
According to the Verizon suit, they did not know what technology Vonage was using until they filed information for their public IPO. Only then was Verizon able to determine that they had patents covering the technology that Vonage was using.
Does anyone know if the work-arounds that Vonage claimed to have are in place and being used or will they continue to owe Verizon for each VOIP customer? | |
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Robert Premium Member join:2001-08-25 Miami, FL |
Robert
Premium Member
2007-Nov-16 4:11 pm
Take over..Would it be possible for Verizon to take control of Vonage in lieu of the $120 million outstanding debt? | |
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| zed2608 Premium Member join:2007-09-30 Cleveland, TN 1 edit |
zed2608
Premium Member
2007-Nov-16 5:30 pm
Re: Take over..not likely unless they wanted to buy vonage which i doubt
besides i think once you ad the at&t into it they will likely go into debt | |
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| | rradina join:2000-08-08 Chesterfield, MO |
Re: Take over..Consider that AT&T and Verizon may own the same patents since they were at one time the same company. | |
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| | | zed2608 Premium Member join:2007-09-30 Cleveland, TN |
zed2608
Premium Member
2007-Nov-16 7:19 pm
Re: Take over..consider that at&t broke up in into the baby bells in 1984 any patents that at&t had then are now in public domain so they no longer have same patents | |
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| | | | rradina join:2000-08-08 Chesterfield, MO |
Re: Take over..Really? When a company is broken up, they lose all of their patents? | |
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to Robert
said by Robert:Would it be possible for Verizon to take control of Vonage in lieu of the $120 million outstanding debt? Lets not even joke about that. | |
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| | rradina join:2000-08-08 Chesterfield, MO |
Re: Take over..I didn't even think of that. It has been that long. Wow. Time flies. | |
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to dodgetech2
I LOVE VONAGE NEVER HAD A PROBLEM IN TWO YEARS WEBSITE HAS EVERYTHING YOU WOULD EVER NEED ABOUT YOUR YOUR SERVICE I WOULD RATHER GIVE THEM $5.00 MORE PER MONTH OR MORE THAN GIVE VERIZON ANYTHING | |
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dowhattowho
Anon
2007-Nov-16 10:51 pm
BYE_BYE If SPRINT ( AIRAVE ) actually works Then it's just a matter of time for pots - cable voip - and vonage. » www2.sprint.com/mr/news_ ··· id=18000 | |
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JohnA4 Premium Member join:2003-09-16 Pittsburgh, PA |
JohnA4
Premium Member
2007-Nov-17 7:57 pm
Wednesday This was Wednesday news, and the Sprint, and full amount of the Verizon settlements were booked in the third quarter, so Vonage is surviving at this point.
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YesVonage you better not let me down! I have proclaimed die Vonage die everytime this story pops up. I will consdier this my Christmas present if you disappear in the next few weeks. | |
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Re: Yessaid by GilbertMark:Vonage you better not let me down! I have proclaimed die Vonage die everytime this story pops up. I will consdier this my Christmas present if you disappear in the next few weeks. Dont count on it. vonage seems to be run by relatively intelligent people. They were smart enough to put money aside, and still have a profit margin, after several lawsuits. Their stock may be down; but i'm looking for it to return. Anyone have several million I can borrow, to buy up tons of vonage stock? | |
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batterupI Can Not Tell A Lie. Premium Member join:2003-02-06 Netcong, NJ |
batterup
Premium Member
2007-Dec-31 7:04 pm
Turn out the lightsthe party is over.
Where are all of the legal eagles that said Verizon's suite was without merit? | |
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