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LOGI - Logitech International

post #1 of 7
Thread Starter 
LOGI - Logitech International



About Logitech

Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company traded on the SWX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
post #2 of 7
Thread Starter 
I big rebound in recent days, but I like LOGI in the mid $20's.
post #3 of 7
Controllers, web cameras and keyboards have been big components of their sales. If they can continue to dominate those sectors, they will increase cash flow 8% Q over Q which could be used to fund R&D and perhaps increase the dividend payout.

Good long term hold.
post #4 of 7

does anyone have any reason to believe LOGI has anymore downside??? Thinking of an entry to ride the gap fill. I know earnings willcoming up and the reason for the drop was because of a low expected earnings but the price action already factored in that, so?


 

post #5 of 7
looking to play this until earnings. anyone have any thoughts on LOGI?
post #6 of 7

Broke out of the channel 2 days ago and regained it's 50 day yesterday.  Maybe this has formed a solid support for now.  Worth watching near term.  A break from here and we could test mid 11's.  Another scenario is an inverted H&S playing out.  We'd be about at the neckline now.

 

 

chart.ashx?t=LOGI&ty=c&ta=1&p=d&s=l

post #7 of 7
Thread Starter 

chart.ashx?t=LOGI&ty=c&ta=1&p=d&s=l

 

 

Forbes.com - Logitech shares are trading sharply higher Thursday morning after the maker PC and consumer electronics peripherals posted better-than-expected profits for its fiscal fourth quarter ended March 31.

 

For the quarter, Logitech reported revenue of $532 million, down 3% from a year ago, and shy of the Street consensus at $538.4 million. But profits of 17 cents a share were well ahead of the Street at 7 cents, as gross margin expanded to 36.4% from 32.8% a year ago.

 

The company said it expects “improved” financial performance in the second half of the March 2013 fiscal year.


 

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