Before you whip yourself and others into a frenzy, check out the information that shows that this proposition is nonsense. At least, for now.
Logitech is a public company and its results are released quarterly. For the 9 months ending December 2008, income after tax was $142 million. Sales and income were down for the quarter compared to the year before, but that's true of most companies. Shareholders equity exceeds $1 billion. Sure, it's possible for any company to have future writeoffs, restructurings, downturns in the business, etc to erode equity. I'd guess that many other companies would love to be in the relatively strong financial position that Logitech has right now. Also in this context, it is likely fair to assume that the Streaming Media unit is a very small part of the total entity. Probably even immaterial from an operating results perspective. -- Goodsounds ------------------------------------------------------------------------ Goodsounds's Profile: http://forums.slimdevices.com/member.php?userid=14201 View this thread: http://forums.slimdevices.com/showthread.php?t=61517 _______________________________________________ discuss mailing list [email protected] http://lists.slimdevices.com/mailman/listinfo/discuss
