The news that Vonage will not be permited to add new customers until something final is settled with their Verizon case came too late today to affect the market very much. But one has to believe there are a pile of sell orders already waiting in the queue, and a steady stream ammassing over the weekend. So what will the market do on Monday?
Vonage should have taken Moshe’s offer which I believed to be at least 3X over the true value of the company.
So now what? What will happen when Vonage folds?
