, Icahn told MSI CEO Ed Zander that Motorola stock was vastly underrated, and he proposed that it spend around $12 billion to buy back shares at depressed prices. "Icahn said he wasn't particularly interested in serving on Motorola's board, in fact, and would drop his bid for a board seat if Zander would pursue a major buyback. During the conversation Icahn projected a serene sense that he'd mastered the art of enriching shareholders." According to the