Monday madness at Motorola; Shareholders vote on Zander vs. Icahn.

RCR Wireless News, May, 2007

Byline: PHIL CARSON You've undoubtedly followed with interest-if not a bit of morbid curiosity-the fortunes of Motorola Inc., which has slipped in less than a year from chest-thumping world-beater to chastened challenger. Add a whiff of danger: Carl Icahn, dissident, billionaire investor, has pursued a seat on Motorola's board, against the latter's wishes, as represented by Ed Zander, CEO and board chairman.

"It certainly creates drama,'' said Carl Howe, analyst at Blackfriars Communications Inc. "It's a little like watching a gazelle chased by a lion.'' Despite that picturesque analogy, however, the rhetoric from both sides has gone from reasoned argument to personal attacks in the past few weeks, perhaps alarming investors who seek to...

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