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Monster Worldwide, Inc. Message Board

  • skep115 skep115 Dec 29, 2012 1:02 PM Flag

    can we all agree

    that sal is a hosehead .. and has made every bad move he possibly could... but the core biz is still worth something. I am amazed he is still CEO ... he must have something on the board.... but bottom line the company is worth 7-8 a share... my guess it gets taken out at 8.00 ish

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    • No, we can't agree. I will give you the assessment of Iannuzzi, but the core business is in terminal decline. Can't imagine why anyone would want to acquire MWW.

      • 1 Reply to aviacionado
      • You would acquire Monster for the almost $1BB in sales and the relationships that go with them. There are thousands of companies that still open their door to listen to the Monster reps...but this is rapidly going away. LinkedIn is not invulnerable. All companies are looking for new ways to find people. As LinkedIn gets bigger it almost becomes a victim of its own success as they have to drive more sales and the site gets more bloated and less useful.

        If someone could bring into Monster a leadership and technology teams with vision, desire to get rid of the garbage technology changes that Sal and his team have implemented, and truly explore how to use the traffic and millions and millions of resumes on file to take the site in a new more social direction...this might stand a chance to turn this around.

        But you are correct that the core business under Sal and his cronies in its current form is destined to go Out-of-business. They are absolutely clueless and need to be removed immediately.

 
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