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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 10:00:29 AM , Rating: 2
Actually My current favorite keyboard is an OEM IBM model. This one: http://home.att.net/~terminals/images/IBM-3153-BG3... I buy my keyboards for $1 or $2 each at salvage yards, generally new or in great condition. My last purchase was 5 of these (new in boxes) for $10. Previously I mostly bought the beige PS2 Dell Quiet touch keyboards.

The current Dell keyboards with the volume knob are ok, but the IBM's have a nicer feel to the keys, and they're also more flat in design.

Interestingly, for USB keyboards I like the Apple keyboards that used to come with the G4 Macs. This one: http://static.howstuffworks.com/gif/keyboard-apple... The Apple key is easily mapped as a Windows key. I don't like the last keyboard Apple made, and I really, really hate Apple's new keyboards.


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