Please open the attached file to read the complete text of the following
items:

08:36AM EDT  8-OCT-01 BERNSTEIN (SACCONAGHI, TONI) SUN
SUNW: MARKET`S REACTION TO PRE-ANNOUNCEMENT IS SURPRISING

08:26AM EDT  8-OCT-01 MERRILL LYNCH (T.KRAEMER) SUNW
SUN MICROSYSTEMS:UGLY, BUT NO BIG SURPRISE

00:54AM EDT  5-OCT-01 ROBERTSON STEPHENS (ROTHDEUTSCH, ERIC) DELL CPQ
GTW CPQ.N
DELL: COMPANY CONFIRMS GUIDANCE

02:53PM EDT  4-OCT-01 BEAR STEARNS (J. NEFF/HAND/BOBBA) DELL IBM
DELL: UPHOLDS 3Q REVENUE AND EPS GUIDANCE

01:58PM EDT  5-OCT-01 LEHMAN BROTHERS (NILES, DANIEL) GTW
GATEWAY INC: SEPT. 11 NEG ON GOV/EDU SALES; EXP Q4 PFTS

 <<10.08.01 Analyst Reports.doc>>
The analyst reports provided are reports prepared by independent
analysts who monitor and track Compaq's performance.  These reports are
not prepared by or at the direction of Compaq and as a result, Compaq is
not endorsing or verifying the information contained in these reports or
endorsing any of these analysts.   These reports are being provided
solely for business reasons and as a result, do not distribute these
reports to other individuals outside of Compaq.  If other individuals
are interested in receiving the reports provided herein, please contact
Leslie Moore in Compaq's Investor Relations Department at
leslie.moore@compaq.com.

Leslie K. Moore
Compaq Computer Corporation
Investor Relations - Financial Analyst
Phone:  281-927-8287
Fax: 281-514-2656


 - 10.08.01 Analyst Reports.doc