I jumped in with a buy today... already down 3 percent... but when every single person is screaming Strong Sell and shorting VG... well, sometimes that means there's an opportunity.
I expect some long-term money to come in now that the IPO price is discounted by more than 40%...
Vonage has done a good job of branding... Vonage = VOIP... and there are still millions of us who have yet to even try any VOIP service... Vonage will be the first consideration for those people... so that's something.
There may be some opportunities for Vonage to team with other teclos to deliver VOIP customers... who knows.
Ok, guess that's enough to get me slammed on this board... but I'll post a Buy here... not a Strong Buy, but I wouldn't bet against a higher close tomorrow.
Sure, the company has done a good job branding. But how are they going to make any money? When I think grocery delivery, I still think WebVan. But we all know what happened to them.
I may say "Tivo," but I'm referring to my Dish Network service.
The cost of a phone call is nearing $0. In a few years, I can envision companies giving away Voip service for free. Maybe packaged as a value added service with another product like cable, or maybe like Yahoo! and Google provides free email accounts.
Without some major invotation, I just don't see how any company is going to make money off a straight Voip service play.