VCLK - ValueClick Misses Estimates, Stock Plummets 25%
Down from a speculative buyout high of $36.70 on May 22 of this year, on Monday, July 30, 2007, ValueClick (VCLK) dropped to the sub $20.00 range after annoucing results that missed analysists estiamtes….by a whole penny. Earnings grew to 17.6 million 22% from year ago numbers while revenue came in at 148.7 million.
With a portfolio of online advertisnig companies, advertising networks, and the recent Mezimedia acquisition and still the potential to be acquired by one of the industry giants - Google, Yahoo!, Microsoft, Ebay, Amazon or another company, ValueClick looks like a great buy at Tuesdays closing price of $21.38
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