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Vonage I just didn't think it's worth $17 a share, yet. I have a buy order for $8. I've stuck
I just didn't think it's worth $17 a share, yet. I have a buy order for $8. I've stuck with Vonage as a customer for 3 years despite the horrible customer service. The company has a future if they play it right, but it may only be as an aquisition target by someone like Comcast, Time-Warner Cable, Adelphia etc.
I don't think the CEO's former SEC violations is relevant here. He knows he's under the microscope and he has to play clean. The real key is that they have to get their costs under control so that they move to a positive cash flow.
Stop the saturation advertising: More is not better. Fewer, but better targeted ads will be effective. They spent $250m for ads and promotion, and had $270m in revenue.
Improve the customer service: This stops customer churn. It will also encourage people who are 'less tech savvy' to try the service. They just want to pick up a phone and hear dial tone. They don't want to get into bits & bites and QOS stuff. And all they hear right now is that customer service is an issue. That is a huge road block to growth. These are the people who won't go to Skype or GoogleTalk, but will sign up with their cable company because they know there's service available.
Read The Full Thread: Still Holding On? Lets discuss
• Okay now that it looks like the flood of negative short holders have left the forum.
• I am holding and looking forward to the end of the silent period.
• OK. I wont comment. But I can ask questions!!!
When does the quiet period end?
• This thread may suffer from people being unwilling to admit they
still have
• You mean you don't want to hear any more opinions contrary to your own about the
• Tomorrow (25 calendar days after the stock was priced)
• I sold my 100 position yesterday. I'll wait it out for the stock to offically bottom
• DConnor, you have to be broke by now with all the losses you've unrealized. Doesn't
• Well, Dconner, I have posted here to let you and everyone know not to buy it or not
• Did anybody catch my question on Mad Money on friday's show?
There is no question
ShelChgo posted "I just didn't think it's worth $17 a share, yet. I have a buy order for $8. I've stuck" on 06/17/2006 |
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