Local.com Appears Undervalued -07/27/10 at 7:40 AM CDTby Peter York

A quick comparison to search giant Yahoo! Inc. [NASDAQ:YHOO] and smaller advertising company ValueClick Inc. [NASDAQ:VCLK] suggests the tiny internet search and advertising company Local.com Corp. [NASDAQ:LOCM] is undervalued. Yahoo! has as of late failed to impress investors and yet the stock price minus cash and investments – $8.37 - divided by ea...