Tuesday, June 14, 2005

Real Networks on downloads (RNWK, IVIL, MNST, GOOG, TSCM)

Real Networks (ticker: RNWK) CEO Rob Glaser discussed his company's move into revenue generated by ad sales and download fees on his Q1 (May 4th) conference call. Download partners? Weather Channel and Google. Plus, he mentioned hiring execs with experience from Monster.com (ticker: MNST), iVillage (ticker: IVIL) and TheStreet.com (ticker: TSCM). Extracts:

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Posted by David Jackson on June 14, 2005 at 12:01 AM in Conf call quotes, Sub-sector: Advertising, Sub-sector: Services, ticker: GOOG, ticker: IVIL, ticker: MNST, ticker: RNWK, ticker: TSCM | Permalink | Comments (0) | TrackBack (0)

Thursday, June 09, 2005

Career builder, Monster demolition? (MNST)

One of the fascinating aspects of Google's contextual ad service from a Web publisher's perspective is seeing which ads come up on your pages. Google recently began to place CPM-based ads (where the publisher gets paid for page views rather than clicks), and the result has been a plethora of new ads. One interesting take-away for 'Net stocks:

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Posted by David Jackson on June 9, 2005 at 09:39 AM in Sub-sector: Advertising, Sub-sector: Services, ticker: GOOG, ticker: MNST | Permalink | Comments (1) | TrackBack (0)

Wednesday, April 27, 2005

Monster Worldwide results in-line, guidance slightly weak (1Q05 earnings results)

Monster Worldwide (ticker: MNST) met consensus estimates for Q1, but guided slightly below consensus for Q2. Details:

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Posted by David Jackson on April 27, 2005 at 02:08 PM in Earnings results, Sub-sector: Services, ticker: MNST | Permalink | Comments (2) | TrackBack (0)

Sell-side reaction to MNST earnings

From American Technology Research analyst Mark Mahaney's note to clients evaluating Monster Worldwide's (ticker: MNST) earnings:

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Posted by David Jackson on April 27, 2005 at 01:33 PM in Earnings results, Sub-sector: Services, ticker: MNST | Permalink | Comments (0) | TrackBack (0)

Sunday, March 20, 2005

IACI to purchase ASKJ, plus news/analysis in brief

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Posted by David Jackson on March 20, 2005 at 09:49 PM in ticker: AMTD, ticker: ASKJ, ticker: GOOG, ticker: GSIC, ticker: IACI, ticker: MAMA, ticker: MNST, ticker: MSFT, ticker: NFLX, ticker: SHOP, ticker: UBET, ticker: YHOO | Permalink | Comments (2) | TrackBack (0)

Friday, March 18, 2005

Victims of pay-per-click ad inflation

The most striking theme that ran through the Q4 financial results of Internet companies, irrespective of size, was the impact of rising pay-per-click ad prices. The winners were the ad brokers - Google and Yahoo. The losers were companies that rely on advertising to attract traffic, as their marketing expenses grew faster than their revenues.

This is a critical theme for investors (rather than short-term traders). Do you own stocks in companies that are dependent on advertising and helpless in the face of rising costs? Here's a list of the victims, with the relevant stats and comments from The Internet Stock Blog's write-up of their Q4 results or recent SEC filings:

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Posted by David Jackson on March 18, 2005 at 10:25 AM in Sector Themes/Outlook, ticker: AMZN, ticker: BFLY, ticker: DIET, ticker: DSCM, ticker: EBAY, ticker: ECST, ticker: EELN, ticker: LGBT, ticker: MNST, ticker: NILE, ticker: ODMO, ticker: OSTK, ticker: PCLN, ticker: PRVD, ticker: SHOP, ticker: SPRK, ticker: TSCM | Permalink | Comments (3) | TrackBack (2)

Wednesday, February 02, 2005

Monster Worldwide (MNST) hit by disappointing Q1 guidance (4Q04 earnings)

Monster Worldwide fell in late trading despite beating the Q4 consensus EPS estimate of $0.19 by a penny. The reason? Q1 guidance fell below expectations.

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Posted by David Jackson on February 2, 2005 at 07:42 AM in Earnings results, Sub-sector: Services, ticker: MNST | Permalink | Comments (0) | TrackBack (0)

Friday, January 14, 2005

Monster.com planning China investment

Piper Jaffray reports that Monster.com's CEO reiterated the company's intention to invest in China's recruitment market, at an investor conference yesterday.

Founder Jeff Taylor mentioned his China expansion plans during an interview last April. Since then China's 51Job (JOBS) has made its debut and enjoyed a spectacular run as a publicly traded company.

Posted by David Jackson on January 14, 2005 at 09:21 AM in Sub-sector: China, ticker: JOBS, ticker: MNST | Permalink | Comments (0) | TrackBack (0)

Tuesday, January 04, 2005

Mark Mahaney downgrades Monster Worldwide

American Technology Research analyst Mark Mahaney downgrades Monster this morning to Hold from Buy. His reasons? The stock has moved up 17% since he upgraded it to Buy (yup, haven't they all...), and it now exceeds his $32 price target. Mark writes:

"...we don't find the risk-reward outlook compelling enough to add to positions at these prices. Among the mid-cap Internet stocks we cover, MNST and CNET ($11.24, Hold) might well be the best core Longs. That doesn't mean we're buyers at any price. With MNST, we're not confident that fundamentals and catalysts can deliver 20% upside from here (to $38), which is our normal screen for a Buy recommendation."

With the sharp upward moves in the internet stocks over the last quarter, high expectations now seem priced-in. That probably implies more downgrades to come, and maybe disappointment with earnings when they are reported.

MNST one year chart below.
Mnst_chart

Posted by David Jackson on January 4, 2005 at 09:23 AM in ticker: MNST | Permalink | Comments (1) | TrackBack (0)

Wednesday, December 29, 2004

Craigslist also threatens eBay, Monster and Yahoo!

A report by Bob Cauthorn for Classified Intelligence estimates that Craigslist, in which eBay recently purchased a minority stake, costs the Bay Area's traditional newspapers and their online divisions $50-65 million in lost revenue. He estimates that a job listing on Craigslist costs an employer $75, versus $700 for an average recruitment ad in a metro daily.

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Posted by David Jackson on December 29, 2004 at 01:32 AM in Sector Themes/Outlook, ticker: EBAY, ticker: MNST, ticker: OSTK, ticker: YHOO | Permalink | Comments (1) | TrackBack (0)