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Hi guys


Sorry, I couldn't log on until today, and I missed out on all the fun it seems.

Duckman, don't worry, Sandik and I will both be courteous...


Sandik, let's not get Duckman offside, he may even buy into ENG after Thurs, you never know :)


On IG's posts;


1. which current competitor are you scared of to take on the action from ENG now or within 1 year?

**** I guess Primus would have to be a threat. They have a huge customner base, but are losing a lot of it to ENG and others, hence this decision to bite the bullet and come in line with what was inevitable.


I often think, that competition is sometimes a positive thing. What it does is create awareness, especially important when new technology is concerned.


People may read Primus's letters on VOIP, and look around at their options. ENG advertises on TV a lot, and is getting a lot of brand awareness, so I think this will certainly help in fact to get consumers thinking that VOPI is not  techie thing, but a serious option for them at home.


Look at the US, the bells have not taken the market from Vonage and the smaller companies, awareness has grown, and everyone has benefited by it. 


2. why do you think that this company will not grow (I'm not talking about $1/share in 12 months, I'm talking about normal growth)


Hmmm, this is a tough one.

Growth seems to be about 65% month on month at the moment. That will have to slow, let's face it.


Perhaps competition will slow it down, or they may simply fail to show diferentiators in the market, but that's probably unlikely, as they won't want to lose their huge advantage after working so hard to make it a household name.


Sorry, not really sure I answered that too well.


Salt huh, wow. I didn't know that. I guess it wouldn't have been a very good currency system, perhaps a bit messy...


Anyone got any thoughts on the movements of the stock anyway, in the lead up to the announcement?


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