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.
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.

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