Local.com (LOCM) is “One to Watch”
Local.com (NASDAQ: LOCM) is recognized as the largest local search network in the United States. The company provides more than 19 million consumers each month with the most relevant search results for local businesses, products and services on Local.com and 700+ regional media sites. According to Internet research firm comScore, Local.com’s traffic has consistently ranked in the Top 100 U.S. websites. Recently, the company announced that it has acquired about 14,000 local business advertisers from LiveDeal, Inc. for up to $3.1 million in cash. This acquisition brought Local.com’s total number of small business customers to approximately 30,000, more than half…