Logitech International (LOGI) may ride on the back of foray in videoconferencing market
By Mark Moneymaster
November 11, 2009 8:11 AM
November 11, 2009 8:11 AM
Posted in: News, Trading Ideas
Logitech International S.A. (NASDAQ: LOGI) stock is likely to ride on the back of its Tuesday's entry into videoconferencing market on acquiring Lifesize Communications.
Logitech International S.A. (Logi) makes peripherals for personal computers (PC) and other digital platforms, developing and marketing products in PC navigation, Internet communications, digital music, home-entertainment control, video security, interactive gaming and wireless devices.
Logitech International S.A. (LOGI) is quoting just above its 20 days MA and 50 days MA.
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