Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (50279)	7/1/2009 12:09:46 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

Doubled up on First Solar and Cree. First Solar is a bit of a falling knife and could break the 200 day at 148, but I bought it anyway.

To: Bill Harmond who wrote (50279)	7/1/2009 2:17:40 PM
From: stockman_scott	Respond to of 57684

LogMeIn Inc., a Woburn, Mass.-based provider of user remote connectivity and support services, raised $106.7 million via its IPO. The company sold 6.67 million common shares at $16 per share (top of its range), which gave it an initial market cap of approximately $342 million. The company has begun trading on the Nasdaq under ticker symbol LOGM, while JPMorgan and Barclays Capital served as co-lead underwriters. LogMeIn had raised around $30 million in VC funding since 2004, from firms like Prism VentureWorks (23.79%), Polaris Venture Partners (20.99%), 3TS Capital Partners (15.83%), Integral Capital Partners (8.91%) and Intel Capital (5.43%).