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ICEQUITY

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ICEQUITY

Re: None

Friday, 10/28/2011 1:00:29 PM

Friday, October 28, 2011 1:00:29 PM

Post# of 33
Shares of cloud pioneer LogMeIn (LOGM) rose close to 20 percent during Thursday's session after its earnings reports indicated strong growth and an optimistic trajectory for the future.

LogMeIn (LOGM) confirmed the dominance of the cloud-computing sector with shares also climbing 14 percent late following a late Wednesday earnings report. LogMeIn, which delivers cloud networking software for corporations earned $1.1 million, or 4 cents a share, on revenue of $31 million. During the same period last year sales were $25.3 million.

http://editorial.equities.com/financial/cloud-computing-stocks-shine/
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