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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (3811)7/30/2007 10:33:25 AM
From: Mike McFarland  Respond to of 20435
 
You own it? Sorry to see you take a hit.

I didn't have a whole lot in stocks last
week, but what I did own imploded spectacularly.

My Poker club is playing a lot this week--back
to trading $20s back and forth with beers and laughs.
Much more pleasant than worrying about the next
stock that blows up.

Sure wish I'd stuck to cash and short positions
for PoQ this time, really wanted that third asterix.



To: Elroy who wrote (3811)7/30/2007 11:36:49 AM
From: Jim McMannis  Read Replies (1) | Respond to of 20435
 
ValueClick Shortfall Slams Shares

By Vishesh Kumar
TheStreet.com Senior Writer
7/30/2007 10:37 AM EDT
Click here for more stories by Vishesh Kumar

Shares of ValueClick (VCLK - Cramer's Take - Stockpickr - Rating) were getting slammed Monday after the company announced second-quarter results that fell short of Wall Street expectations and lowered guidance.
The stock was recently off $6.06, or 23.3%, to $19.95.

ValueClick said earnings rose 22% to $17.6 million, or 17 cents a share. Revenue rose 14% to $148.7 million.

But analysts surveyed by Thomson Financial had expected earnings of 18 cents a share on revenue of $158.8 million.

The company also said it now expects earnings for the full year to come in between 74 cents to 76 cents a share on revenue of $645 million to $660 million. ValueClick had previously expected earnings of between 79 cents and 81 cents a share on revenue of $655 million to $665 million.

Shares of ValueClick had traded as high as $36.70 in May as a wave of consolidation took place in the online ad space and speculation of a takeover arose.

Google's acquisition of DoubleClick, Microsoft's takeover of aQuantive and Yahoo!'s purchase of the outstanding interest in Right Media led investors to bid up shares of ValueClick as major players sought their way to buy into the booming online ad space.




To: Elroy who wrote (3811)8/3/2007 5:59:19 AM
From: Taro  Respond to of 20435
 
I was also too stupid to sell at high and prior to the earnings (ATHR @34).
Also in real life with REAL money :-(

Taro