Sign up
 Vonage  

       
 
Vonage Forum Menu

Vonage Forums
Vonage VoIP Forum
JamesLab Posted:
bs website porn
addicter website
bad seo PORN
SHEMALE!..
...

In The Forum:
Vonage
Topic:
bs website porn addicter website bad seo
On Mar 28, 2017 at 12:30:29

Jimmytob Posted:
см
77;ша&
#1088;иl
2;и
ще
85;яч&
...

In The Forum:
Vonage
Topic:
даник &
On Mar 28, 2017 at 10:15:53

diazou Posted:
Hello, It's
compatible with
Android your phone
software
? Thanks!
...

In The Forum:
Vonage
Topic:
IP PBX for small business
On Mar 28, 2017 at 07:42:33

Denzisgix Posted:
viagra 10 mg 4
tablet most users
ever online was
viagra without a
doctor
prescription
...

In The Forum:
Vonage
Topic:
Tidiness sleazy sldnfl no soporific
On Mar 27, 2017 at 06:58:10

Svetaged Posted:
А
вы
чт
86;
ду
84;ае&
#1090;е
...

In The Forum:
Vonage
Topic:
Женск&
On Mar 27, 2017 at 04:50:57

Jeffreynox Posted:
Enigma —
Ша
73;ло&
#1085;ы
WordPress.
...

In The Forum:
Vonage
Topic:
Enigma — Шаб&#10
On Mar 25, 2017 at 13:28:44

Emilipheyi Posted:
...
In The Forum:
Hard Wiring - Installation
Topic:
Ladowarka rowerowa do telefonu atuty
On Mar 22, 2017 at 13:50:58

Jamesfound Posted:
Posunout na
zaДЌ&#
1043;Ўtek
strГЎn
ky k menu
...

In The Forum:
Vonage
Topic:
PЕЇjДЌka zdarma ihne
On Mar 21, 2017 at 00:08:24

jeddaisg Posted:
Hi all We have
a Vonage VOIP
system for our
office. Lately,
our call quality
...

In The Forum:
Vonage
Topic:
Ethernet Cable; Wiring schematic? 568-B?
On Feb 23, 2017 at 12:33:52

beast321 Posted:
I don't know if
you heard, that
many more
Dreamcast games
are opened up
recently.
...

In The Forum:
Fax - Tivo - Alarms
Topic:
Using phone as a dial up modem for Dreamcast Gaming
On Feb 15, 2017 at 21:16:51


Vonage VoIP Forums

Vonage In The News
Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2013 Results

Carolyn Katz Elected to Board of Directors of Vonage Holdings Corp.

Syndication

Vonage Customer Reviews
Vonage vs. Time Warner Cable SoCal
Vonage vs. Time Warner Cable SoCal



Vonage UK Review
Vonage UK Review



Vonage Pros and Cons for 2006
Vonage Pros and Cons for 2006



Vonage, a VT2142 and a RTP300, My Experiences - A Detailed Review
Vonage, a VT2142 and a RTP300, My Experiences - A Detailed Review



Salt Lake City: impressions after several months
Salt Lake City: impressions after several months




Vonage Reviews


Post new topic   Reply to topic  Vonage® VoIP Forum - Vonage News, Reviews And Discussion » Vonage Stock
Author Message
bigtuna
Vonage Forum Junior
Vonage Forum Junior


Joined: May 21, 2006
Posts: 30

PostPosted: Wed Jun 21, 2006 12:18 am    Post subject: Broker told me DON'T PAY for that Vonage IPO! Reply with quote Back to top

So I went to my monthly investment club meeting tonight.

Our broker goes to every other meeting. He's an older guy, been trading the market for a long time. He's a VP at a major national brokerage firm, a senior broker at the firm, and has his own financial radio show program.

I told him, "So, I bought the Vonage IPO..."

Before I could say another word, he says, "Don't pay them a DIME! If I were you, I would sit on my money and refuse to pay them for it. They lied, they tried to screw you. Screw them. Don't give them a single dime!"

"Who did the underwriting?"

me: "Smith-Barney, Deutche Bank, UBS"

broker: "Crooks."

me: "So, what does this mean? Are they going to redo the IPO?"

broker: (shrugging shoulders) "They're going to have to pull it back. How could they get away with this? People are going to jail over this one."

He then got sidetracked to speak with other investor members.

One thing to keep in mind is that our broker gets very excited and he's very in-your-face about his opinion (think of Jim Kramer). While he may not be right about people going to jail, or that they'll pull back the IPO, I did listen to what he had to say about not paying for it.

You guys do what you want. Pay for it out of some weird unfounded guilt -- like being told you're buying a Mercedes and getting delivered a Hyundai, and paying for it anyway, aw-shucks. I'm not paying a dime.
View user's profile Send private message
trillian
Full Forum Member
Full Forum Member


Joined: May 25, 2006
Posts: 66

PostPosted: Wed Jun 21, 2006 7:28 am    Post subject: Reply with quote Back to top

Quote:
like being told you're buying a Mercedes and getting delivered a Hyundai, and paying for it anyway


There seems to be a lot of people here who feel burned in this way, but as I read the prospectus, it pretty well described a Hyundai priced at Mercedes money?

I wonder if a lot of people thought it was going to miraculously turn into a Mercedes simply because of the price stated?

I have to say that something doesn't smell entirely fresh to me about the whole way the IPO has gone, but I think that investors need to shoulder a certain element of resposibility.

I don't think you should not pay for the shares. Wait until someone actually does go to jail or the IPO is reversed or whatever happens, and then get your money back from the brokers/insurers. And if it turns out that nothing wrong or improrietory has been done, then you know that you just took a bad gamble. You win some you lose some. That's the nature of the stock market.
View user's profile Send private message
DMS1
Full Forum Member
Full Forum Member


Joined: Mar 21, 2006
Posts: 72

PostPosted: Wed Jun 21, 2006 12:48 pm    Post subject: Reply with quote Back to top

Just remember - it's not your broker who gets their credit rating screwed, and potentially ends up in court, for not paying. If the IPO is 'undone' in some way then you will get back the money that you have paid. Surely being out-of-pocket for a period is better than risking the full force of the law for refusing to pay.
View user's profile Send private message
ckudrna
Full Forum Member
Full Forum Member


Joined: Apr 29, 2005
Posts: 62

PostPosted: Wed Jun 21, 2006 6:40 pm    Post subject: Reply with quote Back to top

DMS1 wrote:
Just remember - it's not your broker who gets their credit rating screwed, and potentially ends up in court, for not paying. If the IPO is 'undone' in some way then you will get back the money that you have paid. Surely being out-of-pocket for a period is better than risking the full force of the law for refusing to pay.



I have heard this credit statement quite a bit. Can someone speak to this further? I have been told by corporate lawyers that credit is not an issue here, a broker cannot mark your credit in this instance. Anyone know for sure?
View user's profile Send private message
eggbert59
New Forum Member
New Forum Member


Joined: Jun 22, 2006
Posts: 1

PostPosted: Thu Jun 22, 2006 9:44 am    Post subject: Doing Nothing Affect on Credit Reply with quote Back to top

Even if not paying for the shares has no affect on credit, I wonder if you will eventually incur the annual maintenance fee from the broker because the account would remain open. Seems like that would have an affect on credit.
View user's profile Send private message
BigTime
Vonage Forum Senior
Vonage Forum Senior


Joined: Jun 15, 2006
Posts: 111

PostPosted: Thu Jun 22, 2006 3:31 pm    Post subject: Reply with quote Back to top

I have no idea if they can hurt your credit rating, but seems doubtful since Vonage is obligated to cover any customer who does not pay, so the broker does not suffer any loss.

Now if Vonage tries to go after its customers, it will mean even more bad PR. Plus the very first thing the class action suits will do is request a preliminary injunction against Vonage from collecting on its fraudulent IPO. Such injunctions are not all that hard to get, and remember there are ten differant firms out there, and only one of them has to be sucessful.

There seems to be some misconception that you have to sign up with one of the firms. Actually, they in theory each represent all of you automatically, though if you don't want to be represented you will be given an opportunity to "opt-out" of the lawsuit.

You only have to sign up if you want to be a class representative, aka a "lead plaintiff."

I encourage people to do this because you will be helping the cause of recovering money, but it is not at all necessary.


I hope that explains things!

ckudrna wrote:
DMS1 wrote:
Just remember - it's not your broker who gets their credit rating screwed, and potentially ends up in court, for not paying. If the IPO is 'undone' in some way then you will get back the money that you have paid. Surely being out-of-pocket for a period is better than risking the full force of the law for refusing to pay.



I have heard this credit statement quite a bit. Can someone speak to this further? I have been told by corporate lawyers that credit is not an issue here, a broker cannot mark your credit in this instance. Anyone know for sure?
View user's profile Send private message
DMS1
Full Forum Member
Full Forum Member


Joined: Mar 21, 2006
Posts: 72

PostPosted: Fri Jun 23, 2006 12:48 pm    Post subject: Reply with quote Back to top

BigTime wrote:
Now if Vonage tries to go after its customers, it will mean even more bad PR.

Why does everyone think that it will be bad PR for Vonage if they go after people who refuse to pay what they owe? Vonage is a Voip company, and its number of Voip subscribers must be many times its number of shareholders. and many-many times greater than the small number of shareholders who refuse to pay. As a Vonage customer, which press release would you prefer to read - the one that says that Vonage is diligently recovering money from bad debtors to keep its costs down, or the one that says Vonage has had to lose money as a result of some bad debtors and may need to increase prices to cover these losses?
View user's profile Send private message
actor90
Vonage Forum Associate
Vonage Forum Associate


Joined: Jun 24, 2005
Posts: 17
Location: Little Egg Harbor, NJ

PostPosted: Sat Jun 24, 2006 2:40 pm    Post subject: Reply with quote Back to top

I sat back and watched the train wreck that is the Vonage IPO for awhile now. I have come to certain conclusions. Vonage at the time leading up to this IPO practically begged their loyal customers to purchase the stock. Multiple e-mails, leaving voice mail messages, etc. I read the prospectus and given how hard Vonage pushed the IPO I said, "No way." I firmly believe that Vonage knew the IPO set price at 17 dollars a share was highly inflated.

This whole incident reeks of fraud. When the law suits and investigations are finished I have a feeling certain individuals associated with Vonage are going to be facing jail time or at the very least severe penalties. If I were in the shoes of the victims of this fraud, I would not pay them a dime. Do not be swayed by the fan boys and cool aid drinkers of Vonage. It is a good product, that does not mean the corporate players and shills of Vonage are good.
View user's profile Send private message
BigTime
Vonage Forum Senior
Vonage Forum Senior


Joined: Jun 15, 2006
Posts: 111

PostPosted: Mon Jun 26, 2006 12:32 am    Post subject: Reply with quote Back to top

Of course suing your best customers, the ones who had so much faith in the company they spend thousands of dollars to buy the IPO, will be bad for the company.

Plus, for those that just scan headlines rather than read the story, they will see "Vonage sues customers who bought its failed IPO" and be turned off from the company.

I also agree with Actor90. Nobody says that you are entitled to make money off an IPO, but the custom that is followed in virtually every IPO is to slightly underprice the IPO. Here they overpriced it by a huge amount. Stocks just don't fall 25% the day of their IPO, and 50% in a month.

DMS1 wrote:
BigTime wrote:
Now if Vonage tries to go after its customers, it will mean even more bad PR.

Why does everyone think that it will be bad PR for Vonage if they go after people who refuse to pay what they owe? Vonage is a Voip company, and its number of Voip subscribers must be many times its number of shareholders. and many-many times greater than the small number of shareholders who refuse to pay. As a Vonage customer, which press release would you prefer to read - the one that says that Vonage is diligently recovering money from bad debtors to keep its costs down, or the one that says Vonage has had to lose money as a result of some bad debtors and may need to increase prices to cover these losses?
View user's profile Send private message
Edge
Vonage Forum Senior
Vonage Forum Senior


Joined: Jun 17, 2006
Posts: 94

PostPosted: Mon Jun 26, 2006 6:29 pm    Post subject: Reply with quote Back to top

Vonage has 1.6MM customers., Going after 500 won't cause a problem.
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


All times are GMT - 5 Hours

Vonage Service Plans


Vonage VoIP Members
Members List Members
New terriesw1
New Today 0
Yesterday 9
Total 100085

Who Is On Site
Visitors 85
Members 0
Total 85


Vonage VoIP Forum Members:
Login Here
Not a Member? You can Register Here
As a registered member you will have access to the VoIP Speed Test, Vonage Service Announcements and post comments in the
Vonage VoIP Forums

Vonage Stock Price
Value: 6.23
Change:   N/A
Up to 15 Minute Delay

Site Search
 






†AK and HI residents pay $29.95 shipping. ††Limited time offer. Valid for residents of the United States (&DC), 18 years or older, who open new accounts. Offer good while supplies last and only on new account activations. One kit per account/household. Offer cannot be combined with any other discounts, promotions or plans and is not applicable to past purchases. Good while supplies last. Allow up to 2 weeks for shipping. Other restrictions may apply.

1Unlimited calling and other services for all residential plans are based on normal residential, personal, non-commercial use. A combination of factors is used to determine abnormal use, including but not limited to: the number of unique numbers called, calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.

2Shipping and activation fees waived with 1-year agreement. An Early Termination Fee (with periodic pro-rated reductions) applies if service is terminated before the end of the first 12 months. Additional restrictions may apply. See Terms of Service for details.

HIGH SPEED INTERNET REQUIRED. †VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. DEVICE MAY BE REFURBISHED. If you subscribe to plans with monthly minutes allotments, all call minutes placed from both from your home and registered ExtensionsTM phones will count toward your monthly minutes allotment. ExtensionsTM calls made from mobiles use airtime and may incur surcharges, depending on your mobile plan. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See www.vonage.com/911 for details.

** Certain call types excluded.

www.vonage-forum.com is not an official Vonage support website & is independently operated.
All logos and trademarks are property of their respective owners. All comments are property of their posters.
All other www.vonage-forum.com content is © Copyright 2002 - 2013 by 4Sight Media LLC.

Thinking of signing up for Vonage but have questions?
Business and Residential customers can call Toll Free 24 hours a day at: 1-888-692-8074
No Vonage Promotion Code or Coupon Codes are required at www.vonage.com to receive any special,
best Vonage cheap deals, free sign up offers or discounts.

[ | | | | | ]

Vonage Forum Site Maps

Vonage | VoIP Forum | How VoIP Works | Wiring and Installation Page Two | International Rate Plans 2 | Internet Phone
Promotion | Vonage Review | VoIP | Broadband Phone | Free Month | Rebate | Vonnage | Vontage | VoIP | Phone Service
Phone | llamadas ilimitadas a Mexico | Latest News | VoIP Acronyms | Deal | Philippines Globe Phone | Site Maps

The Vonage Forum provides the Vonage sign up Best Offer Promotion Deal.
If you are considering signing up for Vonage and have found our Vonage News, Customer Reviews, Forums
& all other parts of this site useful, please use our Vonage Sign up page.


Vonage VoIP Phone Service is redefining communications by offering consumers
& small business VoIP Internet phones, an affordable alternative to traditional phone service.
The Vonage VoIP Forum Generated This Page In: 0.78 Seconds and 614 Pages In The Last 60 Seconds
The Vonage VoIP Forum