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Vonage Did not help this week. The future does not look too good right now for Vonage. I
Did not help this week. The future does not look too good right now for Vonage. I did not see any news regarding employee cutbacks or restructuring... which is a bit unusual considering the situation. Though it is probably happening in the background. Fresh coat of paint before they sell the building.
The war room has to be buzzing right now.
============ Update 04-12-07 (24 hrs later) ===============
"Vonage, the struggling US-based broadband telephony pioneer, said Mike Snyder had stepped down as chief executive "by mutual agreement" and announced a series of cost cutting measures designed to shore up its business after setbacks in a patent lawsuit by Verizon Communications."
=====================================================
I see an inevitable merger, or buyout.
Read The Full Thread: Vonage Bankrupt by 2009 -- Citigroup Analyst
• "Citigroup Analyst Michael Rollins said earlier this week that Vonage may go
• That's the same guy that was involved in the IPO valuation.....
• While I think he is wrong, his prediction is exactly what the old big boys want.
• Vonage could go bankrupt in 2008...
Details here:
http://voipservices.tmcnet.com/feature/articl
• Operative words: "Could" and "if"
In a research brief sent to investors Tuesday,
• Yes, conditional.
But on the flip side, if Vonage wins this could mean big
• Oh BTW ...
"Vonage, which hasn't posted a profit since it was founded by Jeffrey
• Personally, I wouldn't panic and I definitely would not sell my stock. Yes, as
• The analogy would be more like "Vonage re-uses patented plain old telephone technology
• Interesting deal with VoIP Inc. It does look like a possibility. I don't know what
DigitalVoice posted "Did not help this week. The future does not look too good right now for Vonage. I" on 04/11/2007 |
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