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Logitech (LOGI +7.5%) surges a day after CEO Guerrino De Luca gave a fairly upbeat presentation...
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Wednesday, May 16, 2012, 11:54 AM ETLogitech (LOGI +7.5%) surges a day after CEO Guerrino De Luca gave a fairly upbeat presentation (transcript) at a JPMorgan conference. While admitting Logitech has made bad calls in the past regarding product development, De Luca expressed optimism about his company's attempts to focus on a smaller number of differentiated products, may of which, such as new videoconferencing gear, are now aimed at the enterprise.
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