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

08:41AM EDT  6-JUN-01 A.G. EDWARDS (MILLER, BRETT) CPQ
WEAKNESS SPREADS &2ND HALF RAMP APPEARS UNLIKELY THEREFORE TAKING NUMBERS
LOWER

06:54AM EDT  6-JUN-01 GOLDMAN SACHS (CONIGLIARO) IBM
IBM`S SEMIS GRP SHD SEE STRONG GROWTH & EXPANDING MGNS GOING FORWARD

07:45AM EDT  6-JUN-01 SG COWEN SECURITIES INC. (MOSHE KATRI) CSC
CSC/VALUATION REMAINS COMPELLING DESPITE RECENT MULTIPLE EXPANSION/BUY

08:03AM EDT  6-JUN-01 GOLDMAN SACHS (CONIGLIARO) SUNW
NT ISSUES ASIDE, SUN`S MISSTEPS ARE FIXABLE W/ SIGNS THE WORST MAY HAVE
PASSED

08:52AM EDT  6-JUN-01 MERRILL LYNCH (M.TECH GROUP) ALA DCTM HWP
TECHNOLOGY:ML TECH BITS & BYTES 6.6AM

 <<6.06.01 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 Elizabeth Davis in
Compaq's Investor Relations Department at elizabeth.davis@compaq.com.

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



 - 6.06.01 Analyst Reports.doc