In a recent letter to Yahoo (YHOO) from the investor Icahn, Icahn states, “…if Microsoft is still willing to purchase our company and thereby create a true competitor for Google”.

What the heck is wrong with you man?  You got too much money and now you are greedy for more but Microsoft won’t help Yahoo become a competitor to Google.  This is a proven fact and everyone knows Microsoft is the worst company ever, they have practically killed their credibility with their blue death screens.

Our prediction is that Icahn will take money and run after the Microsoft-Yahoo acquisition.  Correct me wrong if that’s not your goal, Icahn.

Stop trying to be greedy and think “business”.  Your anger will not solve any problems or get you a new hummer.

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Great, Icahn just stirred Microsoft to do some more damage…

Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business. Microsoft is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo! Microsoft is not proposing to make a new bid to acquire all of Yahoo! at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo! or discussions with shareholders of Yahoo! or Microsoft or with other third parties.

via techcrunch

Here’s a fun letter you can read to Yahoo (YHOO):  (little long don’t you think?)

Carl C. Icahn
ICAHN CAPITAL LP
767 Fifth Avenue, 47th Floor
New York, NY 10153

May 15, 2008

Roy Bostock
Chairman
Yahoo! Inc.
701 First Avenue
Sunnyvale, CA 94089

Dear Mr. Bostock:

It is clear to me that the board of directors of Yahoo has acted irrationally and lost the faith of shareholders and Microsoft. It is quite obvious that Microsoft’s bid of $33 per share is a superior alternative to Yahoo’s prospects on a standalone basis. I am perplexed by the board’s actions. It is irresponsible to hide behind management’s more than overly optimistic financial forecasts. It is unconscionable that you have not allowed your shareholders to choose to accept an offer that represented a 72% premium over Yahoo’s closing price of $19.18 on the day before the initial Microsoft offer. I and many of your shareholders strongly believe that a combination between Yahoo and Microsoft would form a dynamic company and more importantly would be a force strong enough to compete with Google on the Internet.

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