Eric Jackson Represents the Little Guy for Change at Yahoo, The Panelist Quoted

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Eric Jackson Represents the Little Guy for Change at Yahoo, The Panelist Quoted

Written by David Neubert

In this story from The Naples Daily News, local resident Eric Jackson manages to shake up Silicon Valley giant Yahoo (YHOO - $27.13). Because I was the first blogger to notice Mr. Jackson's Plan B campaign to increase shareholder value at Yahoo, reporter Laura Laydon called up for a couple quotes. Eric Jackson Activist Investor Yahoo

My quotes from the Naples Daily News:

After reading Jackson’s blog, Neubert pledged his 4,500 shares (worth about $120,000 at the time).
Jackson impressed him.
“You see Carl Icahn do this stuff,” Neubert said. “But you don’t see a little guy like this doing it, and he wasn’t even from the financial world.”
“My hope is that it becomes the wave of the future, and that a lot more individual investors do this,” he said.

Disclosures and Confessions: I own Yahoo, though I have decreased my position a bit lately (recently I sold 1/4 of my share position at $27.89) I'm short Jan 2008 35 strike calls against half my position of YHOO and am also short Jan 2008 30 strike puts. I like the Yahoo! product. I use their email and use MyYahoo as my homepage. I make extensive use of Yahoo Finance. I also like their newsreader in YahooMailBeta. I've even started using Yahoo search more than Google lately.

Photo Source: Eric Jackson and Flickr.com

Photo:Eric Jackson, Creative Commons, Flickr