Thursday, June 22, 2006

We're Bangers And Mash

Vonage asserts it is not toast:

Businessweek article

Their assertion makes some sense, because toast is, generally, hot. With a dead-in-the-water IPO, and shiny new lawsuit from Verizon kicking them in the shins, Vonage is anything but, unless you believe any press is good press.

What hope could they have? The short memory of greedy investors hoping for a rebound, perhaps? Not likely. Deep pockets making a grab like eBay and Skype? Not counting on that, either. In fact, I wouldn't expect anything beyond a fold, and the return of their crappy theme song in five years a'la pets.com's sock puppet, but that's just me.

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