Wednesday November 22, 2006

Better Than Expected Earnings For Dell

I’ll bet you Dell is thankful for the better than expected earnings that helped boost the company’s stock price. After several quarters of sagging performance, analysts believe this might be just what Dell needs to turn things around.

Some analysts said the results, which propelled Dell (DELL) shares up 8.6% in extended trading on Nov. 21, will buy more time and goodwill for company Chief Executive Kevin Rollins, who has faced heightened pressure to turn the company around.