Darspal S Mann
Long/short equity, growth at reasonable price, special situations, deep value

On Road To Prosperity, Small Mishaps Do Happen But It Is Time To Buy

ValueClick Inc. (VCLK) pre-announced second quarter results and guided for a weak third quarter. In the second quarter, total revenues were up 4% Y/Y but 5-10% below the consensus numbers. Since the pre-announcement, the stock has declined almost 30%. Revenue miss was due to the weakness in its legacy Display business of Media division. In the first quarter, results came out ahead of the consens...

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