Vonage IPO points to VoIP weaknesses

So much for thinking telecoms might be going back to the heydays of 1999. After much fanfare, Internet telephone provider Vonage launched its initial public offering Wednesday, only to fall flat on its face. What's more, disappointment with Vonage's Wall Street debut has made some companies reconsider the timing of their own IPOs.

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<p><a href="http://www.physorg.com/news67784622.html">Vonage IPO points to VoIP weaknesses</a></p> <p>So much for thinking telecoms might be going back to the heydays of 1999. After much fanfare, Internet telephone provider Vonage launched its initial public offering Wednesday, only to fall flat on its face. What's more, disappointment with Vonage's Wall Street debut has made some companies reconsider the timing of their own IPOs.</p>