What do you think about Monster.com?

The stock is way off this quarter - oversold or should we avoid this one?


Best Answer

LDGrant2007 answered a question in General Market.
112 points

LDGrant2007 answered 2 months ago …

If there are any other shareholders who have not enjoyed their stocks
performance during the past year, I will be protesting there with a
request for Sal to resign. If you would like to join below is the
letter that was just sent out.

If you have enjoyed the stocks performance and feel that Sal and team
have more than adequately fulfilled their fiduciary responsibility,
and hope for another year of 50% loss or more, then no need to be
there.

This is our chance to make a statement that we are not happy with the
performance of our elected board members, and require a change in
direction in order to save this company.

Hope to see you there!

================================
April 21, 2008

Dear Stockholder:

You are cordially invited to attend our Annual Meeting of
Stockholders to be held at 9:00 a.m. on Tuesday, June 3, 2008, at the
Grand Hyatt New York, Manhattan Ballroom, 109 East 42 nd Street, New
York, NY 10017.

At the Annual Meeting, you will be asked to elect seven
directors of the Company, approve the adoption of a new equity plan
for the Company's employees and directors, approve the adoption of a
new cash incentive plan for certain of the Company's employees and
ratify our appointment of BDO Seidman, LLP as our independent
registered public accounting firm. In addition, we will be pleased to
report on the affairs of the Company and a discussion period will be
provided for questions and comments of general interest to
stockholders.

We look forward to greeting personally those stockholders who
are able to be present at the Annual Meeting; however, whether or not
you plan to be with us at the Annual Meeting, it is important that
your shares be represented. Accordingly, you are requested to vote at
your earliest convenience. You may vote by telephone or by the
Internet. If you received a printed copy of the proxy materials, you
may also vote by mail by signing, dating and returning the enclosed
proxy card.

Thank you for your cooperation.

Very truly yours,

SALVATORE IANNUZZI
Chairman of the Board of Directors, President
and Chief Executive Officer

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Answers

Grudun answered a question in General Market.
821 points

Grudun answered 2 months ago …

I would avoid it. Monster.com is a one trick pony. It only does job ads. The problem here is that we are entering a period of reduced job growth(if you are optimistic) or serious job loss. That means fewer jobs being posted with major competion from Careerbuilder and hotjobs both of which have companies with other assets(Microsoft and Yahoo!) to back up their job sites in the bad times. Also employers are going to have an easier time finding new employees through referals(people will know others who are looking) and will get less value from the job sites(getting 2-10 times more resumes for every posistion increases the time the HR departments will need to spend sorting through the resumes). Combine this with other lower priced competitors, like Craigslist and local job boards. So overall I see poor prospects for the next 6-12 months.

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WayneMulligan answered a question in General Market.
395 points

WayneMulligan answered 2 months ago …

Hi Creezy,

I'd have to agree with Grudun, in fact I used your question as inspiration for my article this week. Give it a read when you have a chance:

http://blog.tickerhound.com/?p=70

Best,
Wayne

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Sujeet answered a question in General Market.
102 points

Sujeet answered 2 months ago …

Monster has not done well in the high growth markets such as India where job creation is fairly robust. Monster India ranks probably 3rd or 4th on the list of job sites in India. No positive surprises expected on this stock.

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