Dell Continues To Disrupt

Dell continued its disruptive ways on Wednesday.

Dell partnered with EMC on a new low-cost storage system that could reset price points in the storage industry.

And Piper Jaffray offered an analysis of Dell’s pricing strategy on its new printer line. Priced 50-66% below comparable printers from HP , the Wall Street firm said Dell’s strategy could be to hit HP’s printing and imaging profits and thus reduce its ability to subsidize its PC business, which in turn could benefit Dell.

Dell faces pricing pressures of its own, with rising component costs and leaner competition, but it seems the company is always finding a new edge.

The broader market held up well Wednesday despite terrorism concerns and weaker than expected durable orders and new home sales.

The Nasdaq gained 11 to 1976, the S&P 500 added 1 to 1114, and the Dow slipped 7 to 10,109. Volume declined to 1.37 billion shares on the NYSE, and 1.59 billion on the Nasdaq. Advancers led 20-12 on the NYSE, and 18-12 on the Nasdaq. Upside volume was 59% on the NYSE, and 74% on the Nasdaq. New highs-new lows were 70-26 on the NYSE, and 69-28 on the Nasdaq.

After the close, Tech Data blew out estimates, and Opsware came in a penny ahead.

During the day, CA gained 7% on its earnings report and hopes for an SEC settlement.

Applied Signal , Semtech , Agile and TiVo rose on their results, while Portal Software fell after missing estimates.

Lucent and Redback gained 7% each on contract wins.

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