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.

Financial Analysts' Reports for 6.07.01
Please open the attached file to read the complete text of the following items: <NUMBER>:00AM EDT <NUMBER>-JUN-<NUMBER> UBS WARBURG (US) (YOUNG, DON) HWP HEWLETT PACKARD: MORE REALISTIC OUTLOOK THIS TIME <NUMBER>:00AM EDT <NUMBER>-JUN-<NUMBER> GERARD KLAUER MATTISON & CO. (BAILEY, D.) CPQ THE BEAR CASE <NUMBER>:00AM EDT <NUMBER>-JUN-<NUMBER> J.P. MORGAN (WILLIAM A. LEWIS) CPQ ORCL EMC NTAP NETWORKED STORAGE BUS TOUR HIGHLIGHTS <NUMBER>:00AM EDT <NUMBER>-JUN-<NUMBER> WIT SOUNDVIEW (GARY HELMIG) EMC EMC (EMC) COMPANY UPDATE JUNE <NUMBER>, <NUMBER> <NUMBER>:00AM EDT <NUMBER>-JUN-<NUMBER> SALOMON SMITH BARNEY (JOHN B. JONES JR.) HWP HWP: END MARKETS SOFTNING; REDUCING REVENUE AND EPS ESTIMATES <NUMBER>:00AM EDT <NUMBER>-JUN-<NUMBER> CIBC WORLD MARKETS CORP. (QUINN BOLTON) INTC INTC: EXPECT INTC TO LOWER GUIDANCE ON MID-QUARTER UPDATE CONF.
CALL <<<NUMBER>.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 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 <EMAIL>.
company update june storage lewis cpq orcl individuals outside compaq markets softning reducing eps estimates number smith barney read complete ubs warburg