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Logitech International SA Message Board

  • me_frank2002 me_frank2002 Jan 24, 2013 6:35 PM Flag

    glad to see the truth comes out

    once upon a time (6yrs ago) I was the GM for the Harmony Remotes in Europe. Got let go as they thought I was the problem. Good to see that so many years later it turns out that those who took helm, now led the business into where it stands now: divestment worthy! That shows who really is the problem. A large clean up accross many layers of this company is required, to stop the political games they love so much. Back to business should be the buz word, unfortunately I don't think they're there yet.

    Sentiment: Strong Sell

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    • The Harmony brand and products are great, great job 6 years ago, but Logitech has to focus its resources in fewer areas of strength regarding R&D, Channel access, patents, etc

      the reason that logitech was down in the last three years was its trying many things Like Enterprise communication, Digital home like Google TV box, security systems and there were little resources left to develop for the core business like tablets, new high end mice, smartphones, PC gaming which will change now

      so Logitech will focus on core business of accessories for these spaces/categories

      -next Generation PCs like Ultrabooks/AIO/Convertibles, (Consumer & Business)
      -Tablets (Consumer & Business)
      -PC Gaming
      -Communication accessories (Consumer & Business)

      while Harmony remote controls, Alert Security system & LifeSize could have great future with a specialized other companies

      Sentiment: Strong Buy

    • The "Swiss Mafia" is large and in charge. Bo Bo, G and JL. They will make Swiss Cheese of Bracken just like they did Jerry. Outsiders are not welcome because they do not appreciate the genius of the Swiss technology companies!

      • 2 Replies to artdodger1990
      • I look to the entire board for the blame here. Bobo & G have had a strong voice with the board, but ultimately it was the board that allowed Jerry's giant gaffes, like starving the rest of the company to feed Google TV. We have seen executive leadership changes, but pretty much the same cast of characters that have allowed this all to take place.

        Sentiment: Strong Sell

      • It's exactly that. Key question becomes what value all of that brings to customers and consequently the shareholders. The answer to that question lies in the share price's graph :). A major cultural turn around is required at Logitech before the trend will be reversed , time for investors to confront C-level with questions arond that theme!

        Sentiment: Strong Sell

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