Smart Look

interClick Comes of Age: Expect Big Things

$75 million market cap, 46% insider ownership and barely trading 2 times projected 09 sales.

I can see a Valueclick, Yahoo, TWX or even Microsoft taking them out. I expect we could see a buyout at 4 times 2010 projected earnings.
An optimistic view would be $240 mil. or $6.50 per share based on the current outstanding shares.
Growth is the key as you point out. A rarity when you pit it against stagnating first gen ad networks like LookSmart and Copernic.
These guys found the magic sauce and that places it in a unique category.
Disclosure: Long