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PhillipB · 05-25-2006, 10:05 AM

I can't believe people actually bought this stock. Didn't we learn NOT to invest in Internet companies that don't make money during the Internet bust of mid-2000? My how quickly we forget. And their direct purchase plan for customers was a bad risk IMO; now that the stock is off 13% and falling, how many of their customer/stockholders will get pissed at the company and dump Vonage for one of a thousand competitors?

And props to Skype for offering free calling to the US & Canada in anticipation of Vonage's IPO. Brilliant marketing move, even though Skype is burning through cash faster than you can say Ebay.

05-25-2006, 10:05 AM
PhillipB Just a Simple Carpenter Join Date: May 2003 Location: Your mom's house... Posts: 1,338	Vonage? More Like Ownage! I can't believe people actually bought this stock. Didn't we learn NOT to invest in Internet companies that don't make money during the Internet bust of mid-2000? My how quickly we forget. And their direct purchase plan for customers was a bad risk IMO; now that the stock is off 13% and falling, how many of their customer/stockholders will get pissed at the company and dump Vonage for one of a thousand competitors? And props to Skype for offering free calling to the US & Canada in anticipation of Vonage's IPO. Brilliant marketing move, even though Skype is burning through cash faster than you can say Ebay.