HOLMDEL, N.J. _ Vonage Holdings Corp. on Tuesday reported fourth-quarter profit of $1,000. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Vonage expects full-year revenue in the range of $970 million to $985 million.
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You may have noticed that there are a few people who publicly run phony investment portfolios as a way of showing off their investment prowess. Here at NetNet we claim almost no investment expertise at all. We've made a few good calls in our time, almost all on the short side. So what would happen if we turned out attention to the long side of the market?