Yahoo Points Out That Carl Icahn's Record Stinks

Yahoo Points Out That Carl Icahn's Record Stinks

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.

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