from an investment perspective is gamble right now. There product mix stinks, Nok and the Korean handset manufacturers are kicking their ass, and after the razr, they have no really new revolutionary phones. The CEO lacks vision and people want him to be removed.
That said, I recently picked up some MOT shares on the news that Carl Icahn took a sizable portion and on the hopes that MOT's next quarter will be bad enough that the CEO gets the boot.
Other thing I'm considering is BEA software, which Icahn also took a 8.6% stake. Unfortunately, the BEA's management is saying, BEA isn't for sale. Too bad, because their app server is actually pretty good, better than jboss, websphere, or the oracle crap. Icahn wants it to be sold to a larger company.
Also, I think Tibco is prime candidate for a takeover (all it's previous competitors have been bought).