Is Vonage sweet at $17?
By Paul McNamara on Wed, 05/24/06 - 9:17am.Seventeen smackeroos per share: That's what Vonage wants for an initial public offering of 31,250,000 pieces of its future.
What do you think, folks? … Worth every penny? … A loser at half the price?
My back-page-of-Network-World colleague Mark Gibbs has been chronicling the efforts of Vonage itself to drum up enthusiasm for the offing.
I believe the IPO is going to do well because of pent-up demand for The Next Big Thing, which isn't the same thing as saying I think Vonage is going to be The Next Big Thing.
Personally, I believe the company is more likely to become the answer to a trivia question, but you'll go broke in a hurry depending on me for financial advice.
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