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Carl Icahn hints he may not be through with Motorola (MOT) - BloggingStocks
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Carl Icahn hints he may not be through with Motorola (MOT)

Shares of Motorola, Inc. (NYSE: MOT) ticked up today, perhaps on reports that shareholder Carl Icahn will launch another attack on the company's management if its results don't improve. He told the Financial Times that "There is value there, and if that value doesn't manifest itself I, as an activist, would think very seriously about coming back."

Back in May, Icahn was rebuffed in his quest for a seat on the company's board of directors. Icahn still owns about 3% of the company and remains displeased with CEO Ed Zander -- the two traded barbs in the media earlier this year.

In the wake of a disappointing investment in WCI Communities, Inc. (NYSE: WCI), Icahn may be getting some swagger back with the success of his investment in BEA Systems, Inc. (NASDAQ: BEAS).

Icahn's last battle with Zander was fun to watch, even if it didn't lead to the desired results. I'd love to see a reprise.

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Last updated: October 20, 2007: 12:04 AM

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