How did staying or going ever become his decision to make? What a joke this is.
If Ballmer leaving MSFT drives a 7% spike...what would happen if Sal left Monster? At least a 20% bump.
Someone needs to send Kevin into each of the Board of Directors offices with that same message.
Yes Salpleasego needs multiple aliases because he is the only person in the world that could possibly be fed up with Sal and the management team. I'm really surprised in the decent from $40 to $4 that there have not been more people complaining on Yahoo! about their dissatisfaction.
I personally love people like you that hop on a stock at what you think is the absolute bottom then lecture everyone that has watched its collapse about how wrong they are...only to find out that there is a reason why its called a falling knife. Say hello to BeerMeNow when you see him.
How much you getting paid to spread your sunshine? Or do you honestly feel that this team and organization are above criticism for the success they've delivered to shareholders?
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?
Great plan Sal...put yourself on the market, create concern within the client base about new ownership, scare them into becoming hesitant buyers, reduce your revenue, and then completely mishandle the few buyers that look at your company. I would like a strategic alternative to that plan please.
Someday someone will write a book on the collapse of Monster and it will all be due to Sal and his team of cronies that know nothing about the industry, sales, or running a company.
Yes. Because clearly Monster's issue is one of communication and not product & services.
that the investment community doesn't believe Sal & Co could sell this company for $500MM to someone that might be interested in simply firing everyone in order to rake in $800MM in revenue...pocketing $300MM in profit.
The winter storm Saturn will negatively impact commute times this week and government employees may arrive to work up to 30 minutes late as travel on roads will be icy. This slower than normal commute time will impact Monster US revenues by almost $10MM this quarter and cause the European economy to further decline and decrease Monster EU revenues by almost $20MM. There is nothing Monster can do as this is nature and Monster cannot control nature.
The disgruntled employees have actually been a better predictor of where the company is going than any of the analysts and certainly better than guidance from management. But why do you care what's posted on a stock message board, when you sold the stock long ago?
This company was crippled by the almost $1 BILLION in bad investments by Sal and management team that delivered zero in return. Yes LinkedIn is crushing them, but according to management they were either not competition or a fraud company until recently. Maybe if management was in touch with the market they might have weathered things better. Instead they are in denial and quote beating CareerBuilder in traffic as a major accomplishment.
You can blame LinkedIn or you can blame almost $1 Billion in horrendous buying decisions by this CEO and executive team that emptied the coffers and delivered zero results.
LinkedIn changed the playing field but this executive team refused to even recognize them as competition until just a few months ago. Monster was caught by LinkedIn because they refused to learn the marketplace and adapt. Even now they brag about beating CareerBuilder as if that's some big accomplishment.
so you stand up for the football coach that has 7 losing season in row, got his team kicked out of the conference (S&P 500), and has no real strategy except to stick to his current plans?
Riots in China as an excuse? Google - Morning Whistle Monster ChinaHR
The remaining staff members are not satisfied with the plan as they are not included in the compensation scheme. On Tuesday night, they protested and blocked ChinaHR headquarters in Beijing.
After ten hours’ negotiation and confrontation, Sal Iannuzzi, Monster chairman and CEO, proposed in a temporary teleconference that remaining staff will be compensated with the same plan if they are laid off in 2013 after ChinaHR is acquired