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

Posted by Zack W. Handley in freemarket, General Musings.

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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