June 01, 2006

VONAGE HOLDINGS CORP (VG)

Vonage stock has tanked since the IPO last week.

I got the email about how I could buy some shares because I was a customer and I was special, but I luckily decided not to. Maybe I should have asked them if I could also sell some of their shares.
I'm interested to see how this plays out.

Comments

Vonage = ick.

Here's a good writeup on it by The Motley Fool http://www.fool.com/news/commentary/2006/commentary06053016.htm

Posted by: MarketWizWannabe at June 2, 2006 12:23 AM

Thanks for the link.

Posted by: Ugly at June 2, 2006 09:16 AM

Yes, the Vonage story really is ugly so far.

Like you, I really felt Vonage was overpriced at its IPO price, and to be honest I still think the company is overpriced. You can see my analysis here: Vonage: What is a Phone Line Worth?

Posted by: Long Distance Talk at June 6, 2006 10:43 PM


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