Date updated:11-29-2008
In an interview with Barron's in his midtown Manhattan office last week, Icahn was upbeat, the recent market carnage notwithstanding. He doesn't have a lot of leverage, which has sunk some hedge funds, and he has a big cash hoard. For more on his views, please read on.

-
YHOO
Yahoo! Inc. - $15.45
- +0.46%
- $15.58
Q: One of your most visible shareholder activist plays this year has been Yahoo!, whose shares have lost more than half their value since Jan. 1. What's you assessment of the situation there? A: I'm on the board, and I certainly like some of the board members. They really take seriously what is happening and what should be done there, but I don't think some on the board are correct in their views. I've said this before: Yahoo! should make a deal with Microsoft [MSFT] as far as selling its search capability.

-
MSFT
Microsoft Corpora - $29.94
- +1.08%
- $29.74
Q: What would the future be for Yahoo! without search? A: They would still be one of the top content companies; they are very good at that. Yahoo! would still have the search capability. So when you go to Yahoo!, you could still use the search function, but Microsoft would handle it. Microsoft can afford to fight Google [GOOG] better than Yahoo! can. That is, Microsoft has the resources to put in the billions of dollars on the technology for search it may take over the next decade.

-
TWX
Time Warner Inc N - $32.10
- +1.45%
- $31.89
Q: Let's move to another of your recent targets, Time Warner. That worked out well for you. You pushed to have the company broken up. That didn't happen, but a big share buyback helped boost the stock price. A: It worked out well, financially. I think it turned out that we were correct in what we wanted to do, and Time Warner is sort of doing it. Sometimes, it takes a few years for ideas to be accepted. Sometimes they never are. We sold most of our stock in the company, and so we did well.

-
MOT
Motorola Inc - $8.30
- +0.24%
- $8.40
Q: Motorola, which you've also targeted, has had a disappointing stock performance in recent years. You've gotten representation on the board. What's your assessment so far? A: The new co-CEO, Sanjay Jha, is working hard to correct the situation, and the other co-CEO, Greg Brown, is working hard to cut costs. I've always thought that Motorola is a great company.

-
IMCL
N/a - $69.67
- 0.00
- $69.67
Icahn's recent winners include Time Warner (TWX); ImClone, which Eli Lilly (LLY) bought recently; and the Stratosphere, a Las Vegas hotel and casino that Icahn sold at a big premium. His effort to get board representation on Biogen (BIIB) came up short, however. And the jury is still out on Yahoo! (YHOO) and Motorola (MOT), in which he has large stakes and board representation.

-
BIIB
Biogen Idec Inc - $46.79
- +0.88%
- $46.49
Icahn's recent winners include Time Warner (TWX); ImClone, which Eli Lilly (LLY) bought recently; and the Stratosphere, a Las Vegas hotel and casino that Icahn sold at a big premium. His effort to get board representation on Biogen (BIIB) came up short, however. And the jury is still out on Yahoo! (YHOO) and Motorola (MOT), in which he has large stakes and board representation.
- Top Professional Portfolios
- 1. Fidelity Contrafund - ...
- 2. Navellier & Associ...
- 3. Calamos Advisors
- 4. Argus Management
- 5. Bernard L. Madoff Inve...
- show all
- Top Do-It-Yourself Portfolios
- » Joseph Russell Portfolio 1
- » Albo's First Portfolio
- » Darrell Werth Portfolio 1
- » Top 5 Small-Cap Stocks: N...
- » Echo5Joker's Portfolio
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- » Renaissance Technologies
- show all
By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...
By Roberto Pedone Posted on Nov. 24, 2009 10 Terrific Dividend Stocks: This Barron’s article highlights 10 high-quality dividend-paying stocks for investors who’re ...
By Jonas Elmerraji Posted on Nov. 23, 2009 As well as broad-based indexes have performed in the last few months, Stockpickr's weekly Rocket Stocks list has managed to d...
Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...
A. A stronger dollar, reduction in
government debt, gold backing of the
dollar.
A. The only one I own : SLX,
too hard pick a winner out all of them
Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more
Analyst Upgrades or Estimate Increases for Nov. 24, 2009. Read more here. more
These are the stocks from Jim Cramer's Nov. 24 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more











Comments not available