Topic: How To Invest

Hi Pat. What do you think of Sangoma Technologies? It’s one of a few stocks I still own that is not on one of your recommended lists. Thanks.

Article Excerpt

Sangoma Technologies Corp., $0.89, symbol STC on Toronto (Shares outstanding: 29.4 million; Market cap: $26.2 million), makes equipment and software that lets computers transmit data and voice signals through networks including the Internet. Sangoma’s products lower the need for external communication devices, such as routers. That makes hardware failures and security breaches less likely. Based in Markham, Ontario, Sangoma took its current form in 1984. It began trading in May 2000 at $1.30 a share. In the three months ended December 31, 2009, Sangoma’s revenue rose 14.4%, to $3 million from $2.6 million a year earlier. The gain was mainly due Sangoma’s July 2008 purchase of Montreal-based Paraxip Technologies Inc. Paraxip develops software that lets computers communicate with each other. Sangoma bought Paraxip for $1.9 million in cash and 2.3 million common shares. The company earned $367,153, or $0.013 a share. That’s down 67% from $1.1 million, or $0.038 a share, a year earlier. However, the year-earlier earnings included a foreign-exchange gain of…