Browsing articles tagged with " pimco"

Neel Kashkari’s Logitech Is Getting Smashed

Oct 25, 2012
J. Webster
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At about the 2:20 mark in the video below, Pimco's Neel Kashkari talks about how he likes the stock Logitech on CNBC. Kashkari says as consumers move away from PCs, they'll need many of the "peripherals" that Logitech sells. However, the stock is getting smashed, down over 18% as the world's biggest computer mice maker lowered their revenue forecast. Yes, you read that right, Logitech makes computer mice which people are using less and less as they move to tablet computers like the iPad. But Logitech is trying to keep up with the new tablets and Apple like iPads, introducing

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