Comments on: LogMeIn IPO: Is it financially sound?

Remote-desktop service LogMeIn is looking to go public. But does it have the financial stability to make it big on Nasdaq? Here's a rundown of its balance sheet and projections.

[da_bombdiggidy]

This just seems like a crazy idea. Not their product but the fact the the market is supersaturated with similair products. They offer nothing special or different in price. Am I missing something? Did someone forget to tell them that the internet boom is over and people aren't as stupid. Not to mention, in a weak economy, who is buying?

[ikramerica--2008]

Well they did offer mac compatibility, though it seems to be broken with Safari 4 and/or the latest JAVA build (not sure which broke it, but it's just a black screen now). HTML still works, if you can call that limited interface working.

[tekwiz4u]

What about setting you PCanywhere or VNC to use WWW port, and boom...free access? Waste of money.

[raftek]

Logmein is all web based. You can access computers without installing any software on the remote computer. Just use Safari, Firefox or IE. Very easy.... www.logmein.com, username and password and control everything through ssl. VNC / PCanywhere you have to install software on the host and remote to access for full unassisted access and most of the time you need port forwarding which is a security no no for most corporate networks.

The free logmein is just ok for basic remote access. If you get the IT Reach version you have some serious access like reboot in safe mode to fix problems, logon as admin and screen share with users to install apps, etc.... Full remote printing without needing drivers(auto connects without any issues), full sound, and its as fast as Remote Desktop.

[bananaphonerules]

LogMeIn is much more secure than 'opening a port'. Works without firewall modifications or on computers you've previously not touched. Also add surveys; process information and logging. Great for techs.

PS. I use this; and I don't work for them.

[flkevin]

I've tried several of these products and Logmein does work faster. I manage a small business network and access servers and workstations from outside locations daily. I don't have an IT department. Remote desktop is way too slow, VNC is too unreliable, and PC Anywhere costs too much. Their pricing is reasonably cheap. I also use their remote backup product.

[stewt1982]

Anythng apart from their free version is just too expensive for a remote access solution. I currently use Techinline Remote Desktop (www.techinline.com) which is a quarter of the cost of their Rescue package and is much easier to use. I believe LOGM is not going to be a success story on NASDAQ