Though many doubt (I, II) Dell's (DELL) reported LBO talks will pan out, shares are up 3.8%...

|About: Dell Inc. (DELL)|By:, SA News Editor

Though many doubt (I, II) Dell's (DELL) reported LBO talks will pan out, shares are up 3.8% premarket to $12.76. For those keeping score, that gives Dell a market cap of $22.2B. This morning's move comes even though Monness Crespi is downgrading shares to Hold. P-E billionaire Wilbur Ross gives the deal a 50/50 chance of happening. "Remember [Dell] is a company whose earnings have been in a kind of free-fall."