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LogMeIn, Inc. Message Board

  • patroutman patroutman Nov 26, 2012 2:44 PM Flag

    Is LOGM a buyout target and if not, what are they?

    I bought LOGM quite a while ago. I truely thought they would have been bought by the likes of HP, DELL, IBM, Verizon, or the likes. I also bought LOGM because I thought they would continue to grow and make lots of money. Today I am looking at them and wondering what the future holds. They give a way a lot of their products for free. To be honest they are really good and folks really have no need to upgrade to a paid service. I also don't see that much need to buy them out at this point. There are some many companies doing the same thing and Webex and GoToMeeting Really have a hold on the industry.

    I am thinking of dumping my shares and putting them into EGHT. EGHT has amazing services (hosted PBX or Cloud PBX) and is like a money funnel. They also have to be on the radar of many a big telco. They are taking too much business away.

    Anyway, looking for input on LOGM and any thoughts on their future. What is there to drive the stock?

    Sentiment: Hold

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