Legions on Wall Street Backing Dell in PC War of Attrition

Investors are placing their bets that Dell (DELL Quote) is going to win the PC price war.

What Price Dell? Box maker set for war

As many expected it would, Dell warned Monday morning that it would miss fourth-quarter estimates for both earnings and revenue. Thanks to the continuing softness in worldwide demand, Dell said that sales would likely fall $100 million to $200 million below the $8.7 billion figure it had forecast. Meanwhile, thanks to the price-slashing that Dell has initiated to entice customers, the company forecast earnings of between 18 and 19 cents a share. ...