Updating Tucows Inc., Pulse Data and Oilexco Inc.

Article Excerpt

TUCOWS INC. $0.70 (Toronto symbol TC; SI Rating: Speculative) (1-800-371-6992; www.tucowsinc.com; Shares outstanding: 73.8 million; Market cap: $51.6 million) provides domain name registrations and other services to over 9,000 Web-hosting companies and Internet service providers. It provides registration for such top domains as .com, .net, and .org, as well as 17 countrycode domains, including .ca, .us and .uk. It manages over 8 million domain registrations. In the three months ended September 30, 2007, Tucows’ revenues rose 5.6%, to $17.8 million from $16.9 million a year earlier. (All figures except share price in U.S. dollars.) However, the company reported a loss of $310,592 or nil per share compared to a profit of $1.9 million or $.03 a share. Cash flow per share fell 50%, to $0.02 from $0.04. Tucows holds $5.9 million or $0.08 a share in cash. Tucows’ August, 2007 price reductions for domain registrations hurt earnings and cash flow. However, the new pricing structure should improve its long-term growth prospects. Tucows is…

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