You really have to read this or at least skim it. Apple is our largest position too.

Icahn ratcheted up the heat on Ebay yesterday and he’s back tweeting and bemoaning how undervalued Apple is today. I completely agree with him on both counts.  And just in case somebody is reading this that knows Carl, tell him to ask Tim Cook to buy Ebay and create an unstoppable payment giant by taking over Paypal.  Apple can then spin off Ebay or possibly combine NEWCO with iTunes.

 

via Carl C. Icahn Issues Open Letter To Apple Shareholders — NEW YORK, Jan. 23, 2014 /PRNewswire/ —.