Cramer: Monster Options Signal a Buyout (MNST)

Posted: May 3, 2007 at 1:49 pm

On today’s STOP TRADING segment on CNBC, Jim Cramer’s "monster call" is pertaining to Monster Worldwide (MNST-NASDAQ).  Cramer said the options activity in Monster Worldwide is signaling a Gannett (GCI) or Google (GOOG) buyout may be coming.  The accumulation is so great and this could be a great buyout for them.  Even eBay (EBAY) could get involved according to Cramer.  The call options that traded today would indicate that this deal could come at north of $55 per share within the next 35 days.  Shares are up 9% on the day now at $48.00+.  He first touted the need for this merger back on April 17.

Jon C. Ogg
May 3, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

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