Dell says quarter on track
C|Net | at | by Mike
Dell Computer delivered a pleasant surprise Thursday, reaffirming its outlook for the third quarter and saying that the company's strategic, operating and financial position "is better than it's ever been." Although there's still a third of Dell's quarter to go, analysts had expected the PC maker to cut its outlook. The surprise sent the company's stock jumping in premarket trading, rising $1.81 to $22.45 on the Island ECN. Dell is the second major tech bellwether in as many days to indicate that its quarter is on target. Cisco Systems CEO John Chambers said on Wednesday that he was comfortable with earnings estimates for the networking giant's quarter.