Reuters is reporting that LogMeIn (the virtual desktop software that allows you to control your PC from any other computer with a net connection) has sold 6.7 million shares raising nearly $107m before trading (under the ticker name LOGM).

This comes off the back of a lean spell in technology IPOs due to the economic crisis, with only one in past six months.

We'll report back when the markets open, and we get a good look at how it'll perform under open trading.
This is merely comment, and is not trading advice.

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