THUD: There Goes the Vonage IPO

Source: saunderslog.com

CNet News.com reports that Vonage shares dipped 4% to $16.25 in trading this morning.  The reality is less pretty.  As this chart from Nasdaq shows, Vonage shares opened at $16.50, below the $17 they were initially priced at, and have continued to fall.  It looks as if there was a mass of trading at the open, and then the price tanked.  As I write this, they’re in the low end of $15.

152518946_abc30c1ebf_o_d.png

How much lower will they go as the day progresses?

UPDATE: 11:28 now trading at $14.55

UPDATE: 12:02 now trading at $15.10.  Are they on an upswing, or is this a blip?

Published on May 24th, 2006 under , , , ,

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Last 20 posts tagged "Vonage"

Vonage Releases Third Quarter Results

Source: www.voip-news.com

-news.comVonage Holdings Corp. has announced its third quarter results. Revenue grew by seven percent over the previous year to $226 million.
“We reported our fourth consecutive quarter of…

Published on November 7th, 2008 under , ,

Vonage Has a New Patent

Source: www.voip-news.com

-news.comVonage has a new patent. It’s for something called “Method and Apparatus for Enhanced Internet Telephony.” According to the company, “The invention, which was filed for patent…

Published on October 23rd, 2008 under , , ,

Report Says VoIP Adoption Rising, But Vonage Won’t Be

Source: andyabramson.blogs.com

I have to credit TMC’s Greg Galitzine with finding this story yesterday about the growth of residential VoIP.
What’s becoming obvious and what has been for some time is that the baby…

Published on October 16th, 2008 under , , , ,

Friday Links: Vonage, Skype and more

Source: www.voip-news.com

-news.comIke Elliot of Telecosm is taking a long-term hiatus from blogging due to taking a job with Level3. Apparently he and the company think that blogging then becomes a conflict of interest…

Published on October 10th, 2008 under , , , ,

Wednesday Links: Did Vonage Screw Up?

Source: www.voip-news.com

-news.comVoIP Watch wonders if Vonage just screwed up when Verizon sued it. After all, Cox won the lawsuit that Verizon filed against its company. Read it here.
Smith on VoIP has some speculativ…

Published on October 9th, 2008 under , , ,

Verizon Loses VoIP Patent Case, Did Vonage Screw Up?

Source: andyabramson.blogs.com

TechDirt’s Mike Masnick has a very to the point post about Verizon being beaten in court by Cox Communications. This reminds me of other cases where companies believe its better to sett…

Published on October 7th, 2008 under , , , , , , , ,

Friday Links: Collaboration, Vonage

Source: www.voip-news.com

I was speaking with a woman this week about her phone service. It seems that she has been having trouble with the clarity of her Vonage. She’d been perfectly happy with it until it started…

Published on August 15th, 2008 under , , ,

Vonage’s New Vonage Pro

Source: www.voip-news.com

Vonage has introduced a new option for its service. Vonage Pro revamps its options to offer more to customers. The service includes Vonage Digital Voice, Vonage Companion, Vonage Visual Voicema…

Published on August 1st, 2008 under , , ,

Vonage Has a New CEO

Source: www.voip-news.com

Well, that didn’t take long. Vonage announced that they were letting interim CEO Jeffrey Citron go last week. Today, they announced that Marc Lefar has been named chief executive officer of…

Published on July 30th, 2008 under , , ,

Vonage Raises Needed Cash

Source: andyabramson.blogs.com

Maybe now that they got an infusion of cash Vonage’s most recently hired PR team will start reaching out to influencers again like they did on their way up the VoIP and telco ladder. It’s been…

Published on July 25th, 2008 under , ,

911 Law Pleases Vonage

Source: www.voip-news.com

Aww, isn’t that cute?
Vonages is pleased to bits about the New and Emerging Technologies 911 Improvement Act of 2008 that President George W. Bush signed into law this week.
Of course they…

Published on July 24th, 2008 under , ,

Comcast To Work With Vonage

Source: www.voip-news.com

Comcast, Comcast, Comcast.
The television and internet provider is at it again — blocking VoIP traffic. Do they ever learn?
Now, they are saying they will work with Vonage to ensure that it…

Published on July 10th, 2008 under , , ,

Did 8×8 Put Vonage, Skype and Others Behind the 8 Ball?

Source: andyabramson.blogs.com

The patent announcement today by Packet8’s parent 8×8 regarding distributed gateways and VoIP on the surface reads to me like companies dumping calls into the PSTN from the IP world may be in…

Published on July 2nd, 2008 under , , , , , , ,

Attention Vonage READ THIS POST

Source: andyabramson.blogs.com

This applies to whomever is really running Vonage (a company I predict will get bought by private equity in the next 18 months).

This post from Duct Tape Marketing about lifetime value of a…

Published on June 30th, 2008 under , ,

Wednesday Links: Vonage, Fax over IP

Source: www.voip-news.com

What could a company want with a memory stick that turns any PC into a VoIP phone? What could they want with it so much that they would spend $6.5 million to get it? Interesting stuff. Read about…

Published on June 4th, 2008 under , , , , ,

Vonage Won’t Comment About Reliabiity…Does Anyone Wonder Why?

Source: andyabramson.blogs.com

Vonage has a problem and its getting worse. Long ridiculed for poor customer service and lousy quality now they’ve chosen to take the non-comment approach when they get asked about that by a…

Published on May 31st, 2008 under , , ,

Vonage Uses Five9 Virtual Call Center

Source: www.voip-news.com

Vonage is planning some aggressive customer outreach, according to a press release from Five9. The VoIP provider has begun using Five9’s Virtual Call Center in several divisions to manage its…

Published on May 22nd, 2008 under , , , ,

Vonage Put Under The Ikeroscope

Source: andyabramson.blogs.com

I happen to always enjoy reading Ike Elliott’s analysis of companies in the VoIP space that are publicly traded. God does his microscopic analysis remind me of what we used to see from James…

Published on May 17th, 2008 under , , ,

Vonage and Covad Announce Broadband

Source: www.voip-news.com

Vonage and Covad Communications are teaming up to provide customers with a broadband solution that uses Vonage’s calling features and Covad’s nationwide DSL network.
According to the companies:…

Published on May 8th, 2008 under , , , , , ,

Vonage To Use Social Media To Communicate

Source: andyabramson.blogs.com

It looks like Vonage is gearing up for some efforts in the media if I read the tea leaves properly.

They hired a new PR firm and one of the things they plan on doing is deploying a social media…

Published on May 2nd, 2008 under , , , ,
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