HOLMDEL, N.J. _ Vonage Holdings Corp. on Wednesday reported a fourth-quarter loss of $55.3 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. Vonage expects full-year revenue in the range of $1.03 billion to $1.05 billion.
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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?