Vonage IPO

Codewiz

Diamond Member
Jan 23, 2002
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What do you guys think? Being a customer allows me to purchase stock around $16/share prior to it going public. Think that makes good sense?
 

Codewiz

Diamond Member
Jan 23, 2002
5,758
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76
I would feel a lot more comfortable if the price was more around $10. The only reason I think money could be made is I think it will skyrocket when first publically traded.
 

Specop 007

Diamond Member
Jan 31, 2005
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Originally posted by: Codewiz
I would feel a lot more comfortable if the price was more around $10. The only reason I think money could be made is I think it will skyrocket when first publically traded.

They usually do.
 

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
Originally posted by: Codewiz
I would feel a lot more comfortable if the price was more around $10. The only reason I think money could be made is I think it will skyrocket when first publically traded.

Have you looked at how many shares will be offered? It could be $100, but would be the same as $10 if it were 1/10 the shares offered. Just an IPO tidbit. The amount of money raised is more relevant. (which i don't have a clue what would be reasonable for a company like vonage.)