Details on Vonage coming Feb. 13th, this is going to be a make or break moment for the next 6 months. All of tech is getting hit, but VG did not expect to realise profits until Q1 '08. The service is stellar and if run rates can be trimmed and real profits put on the table, you are looking at a serious contender or a definite purchase by someone who knows this company is pretty much *the* VOIP company with the most general penetration.
I rate this as a high risk since even though they have settled most of the outstanding legal issues, they have little cash on hand and seem to be plagued by bad decisions and litigation. At their current $1.00-$2.00 range, you are practically dealing in penny stocks though...and I feel they might just surprise everyone given a solid quarterly report and no more idiocy.
$1.97 (02/07/08)
