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Dell Dodges Spending Bullet, Shares Surge

The bigger issue for Dell is maintaining its current profit levels. "While we applaud Dell's management team for its margin performance, we cannot get constructive on the shares quite yet due to our belief that current margin levels are unsustainable," said Brian Marshall, an analyst at Gleacher & Company, in a note released on Friday.

Dell's results nonetheless bode well for computer giant HP (HPQ - Get Report), which reports its own fourth-quarter results after market close on Monday.

HP shares rose in the aftermath of Dell's results on Thursday, and crept up 6 cents, or 0.14%, to $41.75 on Friday.

--Written by James Rogers in New York.

>To follow the writer on Twitter, go to http://twitter.com/jamesjrogers.

>To submit a news tip, send an email to: tips@thestreet.com
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SYM TRADE IT LAST %CHG
DELL $0.00 0.00%
CSCO $26.00 -0.65%
HPQ $28.03 0.86%
AAPL $113.29 0.33%
FB $91.01 1.43%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

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