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Subject: Internetworkers: http://www.ibiblio.org/internetworkers/
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- From: "Tanner Lovelace" <clubjuggler AT gmail.com>
- To: "Internetworkers: http://www.ibiblio.org/internetworkers/" <internetworkers AT lists.ibiblio.org>
- Subject: Re: [internetworkers] Vonage Customers? IPO?
- Date: Tue, 9 May 2006 14:35:21 -0400
On 5/9/06, Scott Lundgren <internetworkers AT capitalfellow.com> wrote:
> Have you received an offer to buy stock from their IPO? They've gotten
> pretty big... sounds like it could be a good deal.
> Do you think it's worth the risk pf buying into the IPO?
As I understand it (not being a customer there's room for ignorance)
Vonage doesn't own the pipes its service runs across (like a cable company
or bell's capital investment), uses open protocols (which for the consumer
is a good thing, but in the case of an investor would want some
intellectual property or "secret sauce" like Skype's protocol) and
generally serving a commodity market. While the argument can be made Dell
serves a commodity market as well, their business process of cost
reduction makes competing against them on price difficult. So I don't see
where Vonage's defensible resources are and I'd not invest in it.
Not to mention they lost $261million on top of taking in $269 million!
Sounds just like the late '90's eh?
another $0.02: http://www.fool.com/News/mft/2006/mft06050832.htm
Interestingly, I had just read that yesterday too after figuring out that I'm
eligible for the IPO offer. Definitely a good analysis If I do decided to
do it, it certainly won't be with a lot of money. (Not that I have a lot
of money to do stuff like that, but you get the point, right?)
Cheers,
Tanner
--
Tanner Lovelace
clubjuggler at gmail dot com
http://wtl.wayfarer.org/
(fieldless) In fess two roundels in pale, a billet fesswise and an
increscent, all sable.
-
[internetworkers] Vonage Customers? IPO?,
Susan LaBarre, 05/09/2006
-
Re: [internetworkers] Vonage Customers? IPO?,
Scott Lundgren, 05/09/2006
- Re: [internetworkers] Vonage Customers? IPO?, Tanner Lovelace, 05/09/2006
- Re: [internetworkers] Vonage Customers? IPO?, Susan LaBarre, 05/09/2006
-
Re: [internetworkers] Vonage Customers? IPO?,
John Broome, 05/09/2006
-
Re: [internetworkers] Vonage Customers? IPO?,
Tarus Balog, 05/09/2006
- Re: [internetworkers] Vonage Customers? IPO?, matusiak, 05/09/2006
-
Re: [internetworkers] Vonage Customers? IPO?,
Tarus Balog, 05/09/2006
-
Re: [internetworkers] Vonage Customers? IPO?,
Scott Lundgren, 05/09/2006
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