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Monster Worldwide, Inc. Message Board

  • whowasmonsterfor200 whowasmonsterfor200 Apr 2, 2013 11:35 AM Flag

    Foward P/E of 7...Prices Monster at Close to $3 a Share

    Volume Up...Price Dropping. It seems that that big money investors waited to end the quarter and then started dumping. Look for institutional shifts in ownership as even the institutional idiots that left Sal in charge start to abandon ship to move their money anywhere but Monster. Where's the sale Sal?

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    • On what planet? Last year was a -$2.xx EPS. Sal uses non GAAP numbers when he talks about all that. This company has been around for over 20 years and public for 15 of those.

      It will be lucky to make $800M this year - it won't grow 2% this year or whatever the number is. It will be down and the $100M they are saving is offset by lost revenue of almost $100M. They will lose the revenue from China and others but also existing customer revenue will continue to shrink.

      This quarter was bad and after announcement we will be in the $3.xx range. We might be sub $1.xx by the end of the year - I'm not kidding here.

      Again if you have stock/RSU's please sell before all is lost. If you are on the board please replace Sal - even if you don't have a replacement yet. I hear Jeff Taylor is still doing DJ work - he's available call him - even if he does nothing he will buy you a year to look for a real CEO. Also it will stop the stock slide for a while.

2.37-0.02(-0.84%)Jul 1 4:00 PMEDT