Wednesday, May 31, 2006

Vonage Moves to Reassure Nervous Investors - New York Times

Vonage Moves to Reassure Nervous Investors - New York Times: "Vonage, tarred by a disastrous initial public offering last week, is scrambling to reassure investors. The company, which provides Internet phone service, said yesterday that it would reimburse the bankers who handled the sale if any Vonage customers refused to pay for shares that were allotted to them."

Apparently not a refund-on-demand scenario...
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