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Vonage . And the stock price or allocation would never be a reason for me to leave.[/quote]
I
. And the stock price or allocation would never be a reason for me to leave.[/quote]
I do not think it's a good reason to leave either, I will after my year is up because this is pretty much a commodity product and there are less expensive providers out there. Customer service has slipped for me lately, well in regard to a specific router problem, which I kept telling the good folks in India was the problem, they insisted no and turns out I was right.
But at to those who want to leave because they feel screwed by the ipo, they also have a good point. Yes there's always risk, and yes this is the market talking. but one would hope the company could do a better job of pricing an ipo. Maybe the market is wrong, but regardless if you had not gotten the ipo price you could have bought this a lot cheaper in the market. It would appear the company did a very poor job in setting the price, in fact the worst by any ipo in 2 years. So real issues of trust and management are raised. To me it clearly speaks to poor management and therefore you can count on the fact that sooner or later it will affect all parts of the business. The fact they cost me $2,000 as I have stated does not make me feel real good about them either, and I am sure others feel exactly the same. Yes ipo's involve risk, however they did such an awful job in pricing it's only natural to feel like trust has been violated and that management sucks.
Read The Full Thread: Worst ipo since 2004
• Well I am out, bought 1300 at 17 sold 15.6. Thanks for the opportunity to get nailed
• I'm wondering if this whole idea of giving the customers the chance to participate
• I feel sorry for everyone who lost money on Vonage today.
Most of all though,
• I think it is acceptable to shoot vonage ton of nasty emails. God knows you will
• You analysis is interesting, and based on how the stock performed today that seems
• These discussions about leaving Vonage because their ipo shares kind of crack
• I've seen so many posts like this today and I can't seem to wrap my head around the
• I agree, and the few individuals on this board saying they are leaving because:
1)
• I think being bought out would be the best solution for Vonage, and I would expect
indexit posted ". And the stock price or allocation would never be a reason for me to leave.[/quote]
I" on 05/24/2006 |
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