Vonage Ipo

Discussion in 'General Business' started by vanderberg, May 13, 2006.

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  1. #1
    Sample question: is it worth to buy Vonage stocks on IPO price?
     
    vanderberg, May 13, 2006 IP
  2. dotcomsdotbiz

    dotcomsdotbiz Banned

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    #2
    Are they, or their underwriter offering you a chance to buy at the IPO price? If not then you can forget about buying any shares as most IPO shares are sold to institutional investors at the time of sale.

    If you can get them at the street price when they go public buy them. I did great when Goto.com went public back in the day. They offered everybody blocks of shares who were advertising with them at the time.

    I am actually hoping Godaddy.com does the same. :)

    Mike :)

    Just my 2 cents. Please feel free to ignore.
     
    dotcomsdotbiz, May 13, 2006 IP
  3. vanderberg

    vanderberg Well-Known Member

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    #3
    I’m vonage customer since 2004 and they did offer stocks at IPO ($16-$18) price. Thank you and your opinion is appreciated!!!
     
    vanderberg, May 14, 2006 IP
  4. Geir

    Geir Berserker

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    #4
    Now that the Vonage IPO is over I can tell you that NO, it is not worth it to buy at the IPO price :)

    Seriously though, at $17/share Vonage had a market cap of $2.65 billion - or about $1650 per subscriber line. Too much if you ask me: Vonage: What is a Phone Line Worth?
     
    Geir, May 24, 2006 IP