{"id":5656,"date":"2007-07-05T21:01:57","date_gmt":"2007-07-05T21:01:57","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/shoretel-ipo.html"},"modified":"2007-07-05T21:01:57","modified_gmt":"2007-07-05T21:01:57","slug":"shoretel-ipo","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/unified-communications\/shoretel-ipo.html","title":{"rendered":"ShoreTel IPO"},"content":{"rendered":"<div style=\"MARGIN: 0in 0in 0pt\">ShoreTel hit it big with an IPO which jumped 27.5% on it&rsquo;s opening day. The IPO was derailed last week as a result of a lawsuit filed by Mitel. The company closed the day at $12.15, after the company priced 7.9 million shares at $9.50 a share.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">Many comments circulated the blogosphere recently about how in the PBX space, Cisco owns the high-end and open-source owns the low end &ndash; with only scraps remaining for the companies in-between.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">I agree with some of these comments but at the same time there is a massive opportunity to continue upgrading the world&rsquo;s enterprise phone systems. Scraps could equate to billions of dollars each year. I don&rsquo;t know about you but I wouldn&rsquo;t mind a 7% piece of a hundred billion dollar pie.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">May I have another slice please. \ud83d\ude42<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">Here is <a href=\"http:\/\/www.bizjournals.com\/sanjose\/stories\/2007\/07\/02\/daily15.html?surround=lfn\">more<\/a> from the Silicon valley Business Journal.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ShoreTel hit it big with an IPO which jumped 27.5% on it&rsquo;s opening day. The IPO was derailed last week as a result of a lawsuit filed by Mitel. The company closed the day at $12.15, after the company priced 7.9 million shares at $9.50 a share. &nbsp; Many comments circulated the blogosphere recently about<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180,202,199,198,1673,189,177,191],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/5656"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=5656"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/5656\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=5656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=5656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=5656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}