Message-ID: <5276870.1075840216984.JavaMail.evans@thyme> Date: Tue, 17 Oct 2000 03:59:00 -0700 (PDT) From: elizabeth.davis@compaq.com To: houirtreas@compaq.com Subject: Financial Analysts' Reports for 10.17.00 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Davis, Elizabeth" X-To: HOU IR Treas X-cc: X-bcc: X-Folder: \Kenneth_Lay_Dec2000\Notes Folders\All documents X-Origin: LAY-K X-FileName: klay.nsf Please open the attached file to read the complete text of the following items: 07:46AM EDT 17-OCT-00 BUCKINGHAM RESEARCH GROUP (STEVENS, JAY P.) BUCKINGHAM: IBM - STRONG BUY - SEPTEMBER QUARTER PREVIEW 08:41AM EDT 17-OCT-00 SALOMON SMITH BARNEY (JOHN B. JONES JR) HWP HWP: UNSCATHED BY WEAK EFII OUTLOOK 06:53AM EDT 17-OCT-00 GOLDMAN SACHS (RICK G. SHERLUND) MSFT SEPTEMBER QUARTER ESTIMATES AND OUTLOOK FOR MICROSOFT. 11:11AM EDT 17-OCT-00 WIT SOUNDVIEW (SCOTT RANDALL) INTC INTC.GWI INTEL (INTC) EARNINGS PREVIEW OCTOBER 17, 2000 09:57AM EDT 17-OCT-00 BOFA MONTGOMERY (WHITTINGTON, RICHARD L) MAKING THE NUMBERS <<10.17.00 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 elizabeth.davis@compaq.com. Elizabeth Davis Compaq - Investor Relations Research Analyst 281-518-4289 - 10.17.00 Analyst Reports.doc