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Rich Rich Vonage (was: poor poor Vonage) May 24, 2006

Posted by Zack W. Handley in freemarket, General Musings.
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GoodMorningSiliconValley Reports the Vonage IPO is over subscribed…

But more likely it’s speculators hoping the company will end up being
acquired by a telecom or cable outfit after its IPO.  “I think that’s
the reasonable exit strategy, ” American Technology Research analyst
Albert Lin told Reuters. “Even after the IPO, it will be a considerably
small company.”

Gooooood Luck!

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