Four "small cap technology stocks

 This is a blog about four technology stocks that I have made "notes" for:they are Tucows,Dragon Wave,Neulion and Pulse Data. These are considered to be four of the most promising technology stocks on the TSX.All have marketable products and are increasing their product line.However not all are expected to grow significantly in price.

                The Pulse                                                                                                                               The first is Pulse Data.Pulse Data was trading at about $3.90 per share in January,2014.It continued to fall until November,2014 until it reached a price of $2.60 per share.It has gradually moved up to $3.15 per share now.Rumor has it that they have picked up two fairly large seismic data contracts with a substantial customer.
 Pulse acquires and markets 2-D and 3-D imaging products.Pulse also sells seismic data and seismic services to the energy sector in Western Canada.Lastly it owns a library with seismic data covering the western Canadian Sedimentary Basin.Recently it has made agreements with three other small cap stocks to form some kind of consortium to exploit geological data.The three are Geologix,Intermap Technology and International Datacasting. It is not yet certain what additional revenues will come from this new agreement.But it is possible that it's new seismic data library may become relied on more by oil and gas customers in Western Canada and revenue here start to grow.
     Dragon Wave 
 The second technology company is Dragon Wave.It sells high-capacity packet microwave solutions that drive IP networks.It also transmits broadband services to customers.Lastly it delivers backhaul of information on microwave networks.Often data transmission is one way with the network unused on the "backhaul".Dragon Wave has risen in price from January,2014 until November,2014 but has fallen recently to less than $2.00 per share.A rise in price from this level depends on Dragon Wave developing new products or increasing revenue from existing products. 
         Tucows
 Tucows is a funny name for a technology stock.But it has performed better than almost all small cap stocks since last July.It was priced at $14.00 per share in July and has moved steadily up to it's present price of $24.00 per share.It released it's quarterly report recently and it had Q4 revenues of $40 million and annual revenues of $150 million.So quarterly revenues are still rising not falling.It distributes internet services,does web hosting,interenet advertising and builds some software .This company is likely to forge closer ties with Intrinsync Software in the future and pick up new revenue streams.If they are able to do this then Tucows could be heading to $30 per share.
     Neulion
  This is not a stock that is mentionned in my notes very often.It is a niche player and so was developing it's own product line.It got a large online sports and college contracts and makes a lot of money from internet video.It didn't seem to need help but recently has started to falter.It might be forging a bond with Automated Benefits( a very small  cap technology company) which could help it to keep track of new revenues and increase profitability.Neulion had a market capitalization of $75 million in January,2014 and increased it to about $190 million in December,2014 but now it has fallen to about $165 million.It is seen that a new partnership with Automated Benefits could send the stock price up and so increase the market capitalization.
        Conclusion
All four of these stocks have a solid and useful technology that is needed by it's customers.None are expected to show a decrease in revenue nor profits.But the two that are expected to show an increase in profitability and hence stock price are Tucows and Neulion.The other two are not expected to have large increases in revenues nor stock price unless they find both new partners and revenues.