Yahoo On Icahn: Seriously, Why Would You Ever Trust This Spent, Doddering Old Man?
Silicon Alley Insider - Peter Kafka | July 17, 2008 6:33 PM
Don’t know why it took this long, but Jerry Yang and company are finally launching a media blitz, one that we think is doing an effective job of making their case.
One particular talking point they’ve been hitting over and over: Carl Icahn isn’t a “shareholder activist” — he’s a speculator who knows nothing about tech and has no plan to do anything other than flip or carve up Yahoo. Their latest salvo: He’s bad at speculating, too.
Here’s their argument, laid out in a single page of Yahoo’s 34-page (!) presentation released today. By Yahoo’s reckoning, Carl has gotten mixed up in 15 public companies since 2004; only three of them have seen their stock move up and stay up since he started buying. Carl, we await your rebuttal.
source: SAI
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