Comments From TheStockMasters

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By Douglas A. McIntyre Published
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It just gets better and better for Vonage Corp. (VG). A federal judge ruled today that Vonage cannot service new customers while it appeals a finding that it infringed Verizon Communications Inc. (VZ) patents for making phone calls over the Internet.
Of course Vonage plans to appeal the decision and it requires the company to post a $66M bond.
Conspiracy Theory or not, just image what will happen Monday to VG shares?
Vonage shares closed down almost 7% on Thursday to $3.37 on the New York Stock Exchange ahead of the court hearing. Yea I’m sure the gang over at 3I Investments PLC with their 12,846,511 shares of Vonage are feeling good about this news. As expected, it’s only getting worse before it can get better for Vonage.

Stock Tips Microvision Inc. (MVIS) saw shares breaking out of the long term $4 resistance this week. Volume on MVIS has been crazy for the past few days, around 1.7 million shares compared to the daily average volume of just 787,162 shares. The company recently announced that it entered into a product development deal with a global Tier 1 automotive partner. Back in February we told how their PicoP technology could change the game, time to re-read that story my friends.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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