Icahn Management: Notable 13F Changes

Below is a list of changes from Carl Icahn's Icahn Management portfolio when comparing the newly released 13F for the quarter ended December 31, 2006 to the 13F for the quarter ended September 30, 2006.

Raised Stakes

Federated Dept. Stores (FD) from 2,010,560 to 6,818,345

Lear Corp. (LEA) from 2,639,431 to 9,595,953 (already disclosed; Icahn $36 bid)

Telik (TELK) from 1,501,450 to 2,080,002

New Stakes

Medimmune (MEDI) new 2,775,206

Quest Resource Corp. (QRCP) new 868,002

Regeneron Pharmaceuticals, Inc. (REGN) new 173,304

Talisman Energy Inc. (TLM) new 4,800,000

Temple-Inland (TIN) new 4,240,000 (disclosed 7.2M shares in 1/22 13D)

Lowered Stakes

Cigna (CI) from 1,060,000 to 679,733

Gencorp (GY) from 987,120 to 0

Take-Two Interactive (TTWO) from 2,886,516 to 1,990,416 (rumor reported he sold the entire stake)

Time Warner (TWX) from 55,029,039 to 20,030,922

Wyndham Worldwide (WYN) from 2,224,594 to 0

Comments

[Dan Jacome:]

TIN Mar 60 calls for $.10 and $.15 had a very busy Valentines Day & the stock has been climbing steadily higher...watch TIN closely -- it's the next one to go, acoording to our sources down on the floor.

2007 Feb 18 10:07 AM