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

08:11AM EDT  7-JUN-01 UBS WARBURG (US) (YOUNG, DON) HWP
HEWLETT PACKARD: MORE REALISTIC OUTLOOK THIS TIME

07:48AM EDT  7-JUN-01 GERARD KLAUER MATTISON & CO. (BAILEY, D.) CPQ
THE BEAR CASE

04:43AM EDT  7-JUN-01 J.P. MORGAN (WILLIAM A. LEWIS) CPQ ORCL EMC NTAP
NETWORKED STORAGE BUS TOUR HIGHLIGHTS

09:27AM EDT  7-JUN-01 WIT SOUNDVIEW (GARY HELMIG) EMC
EMC (EMC) COMPANY UPDATE JUNE 7, 2001

07:19AM EDT  7-JUN-01 SALOMON SMITH BARNEY (JOHN B. JONES JR.) HWP
HWP: END MARKETS SOFTNING; REDUCING REVENUE AND EPS ESTIMATES

07:33AM EDT  7-JUN-01 CIBC WORLD MARKETS CORP. (QUINN BOLTON) INTC
INTC: EXPECT INTC TO LOWER GUIDANCE ON MID-QUARTER UPDATE CONF. CALL

 <<6.07.01 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



 - 6.07.01 Analyst Reports.doc