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"We look to the future with optimism. We have broadened our portfolio with personal peripherals for popular platforms. We expect sales of our personal peripherals to be boosted by new applications, such as the Video Conversation feature of the recently launched MSN Messenger 7.0, which is
powered by Logitech technology. And we have continued confidence in the long-term growth potential of cordless peripherals, such as mice, keyboards, gaming controllers and headsets."