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Logitech on the up amidst Microsoft bid talk

In the world of computer users, there are two types of mouse and keyboard users – those who prefer Microsoft and those who prefer Logitech. Oddly enough, Microsoft itself may prefer Logitech as stock traders speculated that the software giant would launch a takeover bid for the Swiss-based peripherals maker.

Shares of Logitech surged up to 12 percent based on the trader talk, despite comments from Logitech’s Daniel Borel expressing no desire to sell his stake in the company.

"I am a co-founder of Logitech. Would you be willing to sell your child?" Borel told Reuters in an interview. "I have no reason to sell. But I will not be the one to decide. I own only some 6 percent so I will neither enable nor prevent a sale of Logitech."

Buzz circulated in the market that Microsoft prepared a takeover bid of 48 francs per share for Logitech. "Rumours are rumours. I can't make any specific comment on them," Borel added.

Not everyone believes that the Logitech shares jump is a result of an impending takeover. "Today's share price rise is probably more related to a rebound in the market than any rumours," said an analyst at bank Vontobel.

Furthermore, even if Microsoft were interested in buying Logitech, the company would first need to overcome antitrust regulatory issues.





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RE: Monopoly much?
By Magnus Dredd on 1/14/2008 9:34:34 AM , Rating: 2
First off, the reason I buy the Logitech mice is because I used the cheapo versions in computer labs and other people's houses before I ever bought one. Even the cheap Logictech mice work well. The (I didn't purchase it) Dell OEM mouse that I use at work is a Logitech.

The reason that I disdain Microsoft mice is drawn from the same places. I have used other people's, and lab mice. Perhaps it's not all of them, however, almost all of the Microsoft mice I've touched has had ridiculously weak springs. Weak to the point that when doing IT work for people using them, I've noticed lots of inadvertent middle clicks by their owners.

Simply notice the number of replies above by people who know what I'm talking about.

So, given that I've never had this issue with ANY other brand of mouse, why the hell would I buy a Microsoft mouse, especially a more expensive one than the standard $10 to $15 Logitech one I normally buy?

Let's see... This mouse sucks, so I should try out the other mice this company offers until I find one they make that has a decent spring.... Screw that, I'll buy from a company that doesn't make ANY crappy mice.


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