Domain company Stock Prices

[Lisa]

I have been following stock prices of the publicly traded domain registrars. I have been expecting the bomb to hit Verisign and Register.com. Looks like the bomb just hit Verisign. Now I am just waiting for the other foot to drop.

According to industry expects Tucows now has more domains then Register.com. But Register.com trades at $8 while Tucows trades at $0.34. Is there something I am missing. Why is the second ranked Registrar only at 34 cents?

1. $9.00 - Verisign
2. $0.34 - Tucows
3. $8.50 - Register.com

I understand that Tucows is wholesale, but it keeps growing, while Register.com and Verisign keep shrinking. Something is not right with this picture!

[sean]

this should get you started...

VeriSign, Inc. overview [hoovers.com] ¦ quarterlies [hoovers.com]
Register.com, Inc. overview [hoovers.com] ¦ quarterlies [hoovers.com]
Tucows Inc. overview [hoovers.com] ¦ quarterlies [hoovers.com]

[Hunter]

Also the financial markets (and thus stock prices) do not trade logically, they trade psychologically. In other words, just like domain names themselves, stocks are bought and sold on perceived value and not necessarily on actual value.

[digitalbrain]

stock prices are based on their book value and the total number of shares issued.
Also liquidity plays a major role. if buyer seller gap is too high the market-cap of the company can change in millions in a single day.

i give an example of tucows here.

Refer: [biz.yahoo.com...]

Even though tucows might seem cheaper , it is still overvalued . The book value is -0.04