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

08:31AM EDT 13-OCT-00 BEAR STEARNS (NEFF A/BOBBA N) GTW AOL AAPL
GTW: IN LINE 3Q: GOOD SHOW, CONSIDERING; RAISING 4Q00 ESTIMATES; MAINTAINING


10:10PM EDT 12-OCT-00 BOFA MONTGOMERY (KING, KURTIS R) GTW CPQ HP
GTW: REPORTS SLIGHT REVENUE UPSIDE; ENDORSES OUTLOOK; SOME GOOD NEWS FOR PCS

09:07AM EDT 13-OCT-00 MERRILL LYNCH (T.KRAEMER) UIS IBM SUNW
UNISYS:FEWER SURPRISES, BUT WE'D WAIT FOR ORKIN MAN

08:12AM EDT 13-OCT-00 GOLDMAN SACHS (LAURA CONIGLIARO) IBM IBM/ 6680 IBM.N
IBM`S CURRENT STOCK PRICE IS ALREADY DISCOUNTING A LOT OF BAD NEWS

01:52PM EDT 12-OCT-00 CREDIT SUISSE FIRST BOSTON  (MCCARTHY, KEVIN)
PC AND ENTERPRISE HARDWARE: INITIATING INDUSTRY COVERAGE

 <<10.13.00 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
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Compaq's Investor Relations Department at elizabeth.davis@compaq.com.

Elizabeth Davis
Compaq - Investor Relations
Research Analyst
281-518-4289





 - 10.13.00 Analyst Reports.doc