Vonage's CFO to Appear on Squawk Box

Posts: 13 · Vonage Forum Associate Joined: Sep 01, 2005 Posts: 13

HOLMDEL, N.J., May 29 /PRNewswire-FirstCall/ -- Vonage Holdings Corp. (NYSE: VG - News), a leading provider of broadband telephone services, today announced its Chief Financial Officer, John S. Rego, will appear Tuesday morning on CNBC's Squawk Box. He plans to discuss Vonage's Customer Directed Share Program, Vonage's business and industry competition.

http://biz.yahoo.com/prnews/060529/lam006.html?.v=52

Posts: 292 · Vonage Forum Master Joined: Oct 08, 2004 Posts: 292

Thanks for the news flash, but that has been posted here all day:
Vonage's CFO to Appear on Squawk Box

Posts: 9 · New Forum Member Joined: Mar 21, 2005 Posts: 9

LuisPR wrote:

Thanks for the news flash, but that has been posted here all day:
Vonage's CFO to Appear on Squawk Box

But it didn't appear in the forum. Thanks jayb415.

Posts: 8 · New Forum Member Joined: May 23, 2006 Posts: 8

Company has cxled CFO on CNBC. Not sure why, maybe something to do with quiet period.

Posts: 4 · New Forum Member Joined: May 30, 2006 Posts: 4

This thing is DEAD in the water......Wanna bet the the whole IPO is cancelled?

Posts: 476 · Posted: Tue May 30, 2006 10:42 am Post subject:

http://biz.yahoo.com/prnews/060530/lam006.html?.v=53

Quote:

HOLMDEL, N.J., May 29 /PRNewswire-FirstCall/ -- Vonage Holdings Corp. (NYSE: VG - News), a leading provider of broadband telephone services, today announced its Chief Financial Officer, John S. Rego, will not appear Tuesday morning on CNBC's Squawk Box, as previously reported.

Posts: 80 · Vonage Forum Senior Joined: May 24, 2006 Posts: 80

It is kind of funny to first release a notice that he will appear, and then a new release that he will not....

I agree though, that this is probably due to the quiet period - I must admit that I was quite surprised to see that he would appear in the first place.

Posts: 243 · Vonage Forum Master Joined: Jan 18, 2004 Posts: 243

I was watching Squawk this morning when this all was reported because I read the release saying that the CFO was going to be on to discuss the DSP and other items. This is when the Gasparino reported the buy back decision and soon after the release came out saying that the CFO would not appear.

They used the excuse that it might cause problems with the quite period but one would think that they would have thought of that before agreeing to appear in the first place. Doing an appearance on Squawk is not something you do just on a whim....

I think the failed appearance has everything to do with the comments about the buy back. It is CYA time.

Posts: 80 · Vonage Forum Senior Joined: May 24, 2006 Posts: 80

gfoulks wrote:

one would think that they would have thought of that before agreeing to appear in the first place. Doing an appearance on Squawk is not something you do just on a whim....

Although I think the cancellation was due to the quiet period, I totally agree with what you said. My guess is that this was a bad mistake due to lack of experience and/or knowledge relating to what can and cannot be said and done during the quiet period.

Either way; it is very clear that Vonage is in A LOT of trouble right now...

Posts: 32 · Vonage Forum Junior Joined: May 08, 2006 Posts: 32

Said here

Quote:

Meanwhile, the company seems to be having its issues on the public relations front. Vonage said Monday that Chief Financial Officer John Rego would appear on CNBC's "Squawk Box" program Tuesday, but this morning the company issued a statement indicating he wouldn't appear. The company later said it changed its mind because of concerns about violating the so-called IPO quiet period.