[BC] VOIP

[DANA PUOPOLO]

No, the situation is this:

Voange put aside and offered a percentage of its IPO stock to it's subscribers
at the issue proce of 17 dollars a share.

By 5 PM it had dropped to 12.05 a share. Now many don't want to pay for the
stock. At first  Vonage said they wouldn't go after these subscribers, but now
they've changed their tune.

Do they have the right to do so? Partly. Seems that Vonage didn't let many
people know that THEIR stock would be restricted with regards to selling it
within the first 24 hours after the IPO. In other words, many Vonage
subscribers were forced to sit there and watch their stock drop and drop,
unable to sell, while others could get out - and minimize their losses.

Also, many who tried to buy were told that there was no more stock left, when
the truth was that they had been allowed to BUY the stock they wanted. As a
result, many people actually OWNED stock they didn't KNOW they owned, and it
took a dive before they even knew they had been allowed to buy it.

These people should have the right to walk....at least I believe they should!

-D



------ Original Message ------
Received: Mon, 05 Jun 2006 09:27:05 AM PDT
From: "Ron Cole" <rondcole at gmail.com>
To: "Broadcasters' Mailing List" <broadcast at radiolists.net>
Subject: Re: [BC] VOIP

Vonage did offer IPO Stock in a onetime letter but that's been it at my
place.


Ron

On 6/5/06, Mark Durenberger <Mark4 at durenberger.com> wrote:
>
> Is there any truth to the urban rumor that Vonage is putting the arm on
> its
> contracted customers, to buy into its IPO?  I read a story (Denver Post?)
> that IPO sales aren't doing well; that Vonage is telling its customers
> that
> their interpretation of the customer sign-up agreement is that customers
> will buy stock.
>
> I'm sure there are other interpretations as well :-))
>
> Mark Durenberger
>
>
> ----- Original Message -----
> From: "Paul B. Walker, Jr." <walkerbroadcasting at gmail.com>
> To: "Broadcasters' Mailing List" <broadcast at radiolists.net>
> Sent: Monday, June 05, 2006 10:01 AM
> Subject: Re: [BC] VOIP
>
>
> > How is Vonage too expensive? If you get that $24.99 deal that
> > advertise o nTV.. what do you REALLY end up paying in the end??
> >
> > Paul
> >
> >
> > On 6/5/06, Rich Wood <richwood at pobox.com> wrote:
> >> ------ At 11:24 PM 6/3/2006, DANA PUOPOLO wrote: -------
> >>
> >> >I'm in the process of dumping Vonage. I've had them since 2/02 but
> >> >they're too
> >> >expensive now.
> >>
> >> I'm thinking of dropping Vonage, too. I don't use my landline phone
> >> much so I wanted to lower my service to the $14 level. They want $9
> >> to make the change. On general principle I'll cancel first. I have a
> >> constant hiss on the line and it's sensitive to upload speeds. I
> >> can't use FAX without forcing my modem down to 9600. Charter Cable
> >> data rates are all over the road, so they're not a good combination.
> >> I'll make the change once everyone has my new number, since there's
> >> no "this number has been changed" recording.
> >>
> >>
> >>
> >> Rich
> >>
> >> Rich Wood
> >> Rich Wood Multimedia
> >> Phone: 413-454-3258
> >>
> >>
> >> _______________________________________________
> >> This is the BROADCAST mailing list
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> >>
> >
> >
> > --
> > Paul B. Walker, Jr.
> > www.walkerbroadcasting.com
> > walkerbroadcasting at gmail.com
> >
> > _______________________________________________
> > This is the BROADCAST mailing list
> > To send to the list, email: broadcast at radiolists.net
> > For sub changes, archives and info on this other lists:
> > http://www.radiolists.net/
> >
> >
>
>
> _______________________________________________
> This is the BROADCAST mailing list
> To send to the list, email: broadcast at radiolists.net
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>

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