SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 30, 2000
COMPAQ COMPUTER CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Delaware
1-9026
76-0011617
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
20555 SH 249
Houston, Texas
77070
(Address of Principal Executive Offices)
(Zip Code)
(281) 370-0670
(Registrant's telephone number, including area code)
(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. Other Events.
Compaq management decided not to adopt Financial Accounting Standards No. 133
("FAS 133"), Accounting for Derivative Instruments and Hedging Activities
effective January 1, 2000. FAS 133, as amended, is effective for all fiscal
years beginning after June 15, 2000. Due to the FASB's exposure draft issued
March 3, 2000, which would amend FAS 133, the unresolved status of numerous
Derivative Implementation Group interpretations, and the potential for
additional interpretations yet to be issued, management determined to devote
additional time to analyze the impact of FAS 133 and its pending amendment
prior to implementation.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
COMPAQ COMPUTER CORPORATION
Dated: March 30, 2000
By: /s/ Linda S. Auwers
Linda S. Auwers
Vice President, Associate General
Counsel and Secretary
