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Carl Icahn may be ducking the spotlight at Yahoo’s shareholder meeting Friday, but we’ll probably hear Friday who else shares his dissatisfaction with the Internet company’s recent share price.

Yahoo’s stock price soared in February, when Microsoft announced its effort to acquire the company, but since then has slid back down to nearly the level it was at before the offer.

(Credit: FinancialContent.com)

Any shareholder disgruntled with how Jerry Yang and colleagues handled Microsoft’s attempted acquisition may pipe up at the meeting, and you’ll be able to read about it here. CNET News plans live-blog reporting and video coverage for the shareholder meeting in San Jose, Calif..

Most expect Yang to come in for the latest in a long series of serious criticisms. The company’s stock closed at $19.18 the day before Microsoft launched its attempt to acquire Yahoo, soared immediately afterward to near $30, but since then has dropped back down below $20.

Don’t expect to hear about Yahoo’s new board at the meeting, though. Icahn, whose proxy battle won him and two allies seats on it, won’t be joining the board until after the meeting, and his two allies won’t be announced until August 15.

For a preview of tomorrow’s attractions, this piece by my fellow reporter Dawn Kawamoto provides good background.