What will be the price of Dell stock (DELL) at the close of business on Thursday, November 20?

Dell will be releasing its quarterly earnings report on Thursday, 11/20. How will this affect its stock price on NASDAQ?

Earnings of 32 cents a share on revenue of $16.4 billion are expected to be reported by Dell. Both figures are down slightly from year-earlier results. Dell has offered a gloomy outlook for global demand for its personal computers, and in the economic condition we're in it may be bad news for other computer manufacturers as well.


How will the market react to this report? Dell closed at $10.89 on Friday, 11/14, gaining $0.62 that day. Over the past month Dell has seen a 22.6% drop in price losing $3.19 since 10/15. Along the way they've seen a high of $14.08 on 10/15 and a low of $10.27 just this past Thursday, 11/13.

Have they already fallen enough, or can they drop some more following this report? Or will there be relief that it's no worse than expected?

SO, how will this earnings report affect DELL stock on Thursday?

Question will suspend at the opening bell on Thursday, 11/20.

http://finance.google.com/finance?q=dell

NOTICE
This question is being offered as a trial run of questions related to individual stocks, which are not normally allowed. There may be a possibility of allowing a few questions regarding individual stocks as long as there is an important news connection. In this case, information about Dell's quarterly report is being released Thursday and this may give some indication about the health of the company and also a look into retail expectations in these troubling times.

Again, this is a trial run and there will be two more questions posed this week to test it out. Individual stock questions are still not allowed without prior approval.