Mark Langner

The Short Case on Vonage: Why No Price is Cheap Enough

True... our only concern is that somewhere below $3.00 it becomes possible that it will reasonable for someone to pick them up for the customer base - not for the brand. But even that assesment assumes that the business fundementals don't deteriorate from current levels.

Already it looks like they are going to miss consensus line adds for the quarter (unless they have a monster Sept.)... It took them 2/3rds of the quarter to get to exactly half of where consensus has them for new additions...