I'll say it again: Vonage will go private

Fellow blogger Andy Abramson thinks that with the decline in the price of Vonage stock as a result of the federal court ruling denying Vonage the use of patented Verizon technology, the most advisable route is a sale.

Andy mentions Verizon as a possible acquirer, but adds that there could be "another suitor who has the technology and would be desiring the customer base out there."

As I have said before, SprintNextel would be an advisable suitor- one that would conform to Andy's vision of having the tech and wanting the customer base.

My growing problem with SprintNextel, however, stems from the fact that a year and a half after the SprintNextel merger, they are still having trouble uniting the two companies' billing systems and even their identities. Imagine piling on Vonage to that trainwreck in the making.

I have said it before and I will say it again. Vonage will see a stock buyback, and quite likely, a privatization funded largely by investment banks and private equity. Why? Precadent. I've seen companies with higher opinions of themselves than public investors hold, take that route.