Vonage (NYSE: VG) just hit a new 12 month high of $3.24.
This stock was trading at the same levels as ENG ~ $0.35 less than 18 months ago. Check out the following links:
http://ir.vonage.com/stockquote.cfm
http://ir.vonage.com/?lid=footer_investor_relations&refer_id=WEBAU0706010001W1
I wonder if this is who Stokes would like to sell Engin and vividwireless to?
Vonage even talks about expanding outside of the U.S. Canada and the UK in the webcast of the Citi 21st Annual Global Entertainment, Media & Telecommunications Conference Jan 5, 2011 - available on the Vonage website. Interesting stuff...
Any thoughts? I think I'd like to keep my ENG shares and enjoy the upside...
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