RealTime IT News

Dell Rolls On

Dell was rewarded by investors Friday for yet another strong quarter, but the rest of the market fell on a weaker than expected consumer confidence reading.

Dell rose 3% on the company's best quarter ever, including gains in key areas.

Dell's results also boosted HP , which reports earnings next Thursday.

The Nasdaq fell 20 to 2053, the S&P 500 lost 6 to 1145, and the Dow fell 66 to 10,627. Volume declined to 1.31 billion shares on the NYSE, and 1.81 billion on the Nasdaq. Decliners led 21-12 on the NYSE, and 20-10 on the Nasdaq. Downside volume was 67% on the NYSE, and 73% on the Nasdaq. New highs-new lows were 245-4 on the NYSE, and 156-4 on the Nasdaq.

Analog Devices gained on its results, but Corvis and NVIDIA declined on their reports.

ADIC plunged 23% after missing estimates.

Microsoft slipped 1% on a Windows source code leak.

Rambus rebounded 5% a day after plunging on patent troubles.

Cisco and IBM edged higher on a security pact.

AT&T Wireless edged higher as the deadline for takeover bids nears.

Market Commentary: For our free daily market commentary and technical analysis, please visit the InternetStockReport.com home page at:

http://www.InternetStockReport.com.