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Tech giant sees lower revenue

Monday, May 21, 2001 | 10:59 a.m.

DALLAS -- Dell Computer Corp., fighting a price-cutting war that it helped start, expects to gain more of the market for personal computers but suffer a decline in second-quarter revenue.

Michael Dell told analysts Thursday he was confident in the company's aggressive price-cutting strategy, and he predicted the company will profitably gain market share from its competitors.

Dell, the world's largest PC maker, posted first quarter earnings of $462 million, or 17 cents per share, down 1 percent from $466 million, or 17 cents per share a year ago.

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