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Mark Evans

the blog - examines the world of telecom  and  technology  from  a distinctly Canadian perspective.

the person - lives in Toronto, CA with  his  wife  and  three children, and  works  as director of community with PlanetEye Inc.
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Re: Finally, A Vonage IPO
by Stuart MacDonald
Now that I can actually see that they are essentially running marketing spend at 100% of gross profit, I am feeling a little better about them spending that much. But only a *little* better. It's not 150% or 300%, which is good. But, if they are being forced to spend at that level to attract customers *now*, God help them down the road. Why? Well, once you start to see more action from the natural players in the space, the phone and cable companies (who also have a built in cost advantage if they want to play it), the big portal folks with a monster communicator install base already, and other new entrants with high expectations (I mean, unless you think eBay's buying Skype was just pure folly they *have * to be getting set to do something) it is going to become *more* expensive to attract customers, not less. No wonder they are looking to IPO now... -- Stuart
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My blog has moved. Check out the new Mark Evans. It's part of my mini-blog empire that also includes All About Nortel and Twitterrati. You can subscribe to Mark Evans Tech by clicking on the RSS symbol above.
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