TELECOM Digest OnLine - Sorted: Vonage Customers Get Shares at IPO Price

Vonage Customers Get Shares at IPO Price

BrianEWilliams (sorry_no_email@yahoo.com)
8 May 2006 08:17:56 -0700

I just got this message from Vonage:

Dear Valued Vonage Customer,

As you may know, Vonage has filed a registration statement with the
Securities and Exchange
Commission (SEC) related to its proposed initial public offering (IPO)
of common stock. Because much of our success is attributable to our
customers, we have asked the underwriters of the IPO to reserve shares
of common stock for sale to certain Vonage customers at the IPO price
in a Directed Share Program.

You may be eligible to participate in the Directed Share Program if you
meet certain eligibility
requirements, including having been a Vonage customer from December 15,
2005 through February 1, 2006. You do not need to continue to be a
Vonage customer in order to participate. Further information about the
terms and conditions of the Directed Share Program, including the
eligibility requirements and the process for participating in the
program, are available in our registration statement and at the
following website:

http://www.vonageipo.com

Thank you,

Vonage

[TELECOM Digest Editor's Note: So is anyone going to purchase any
Vonage stock. I wonder if a half-century from now -- say around 2056
or so -- the stock will have obtained the reputation of AT&T stock
with the cartoon (1930's) of the old lady sitting placidly in her
rocking chair on the porch telling everyone how the dividends are
paid on a timely basis and take good care of her needs in her old age.
PAT]

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