TABLE OF CONTENTS

REQUIRED INFORMATION
Report of Independent Accountants
	Statements of Net Assets Available for Benefits
	Statements of Changes in Net Assets Available for Benefits
	Notes to Financial Statements
Financial Statement Schedules
	Schedule -- I; Plan Investments at December 31, 2000
SIGNATURES
EX-23 Consent of Independent Public Accountants

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 11-K
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the Fiscal Year Ended December 31, 2000

Commission File Number: 333-69724

DELL COMPUTER CORPORATION DEFERRED COMPENSATION PLAN
(Full title of the Plan)

DELL COMPUTER CORPORATION
(Name of issuer of the securities held pursuant to the Plan)

807 Las Cimas Parkway
Austin, Texas 78746
(Address of issuer’s principal executive offices and address of the Plan)

REQUIRED INFORMATION

			Page
1.	Report of Independent Accountants			1
2.	Financial Statements:
	a.	Statements of Net Assets Available for Benefits at December 31, 2000 and 1999		2
	b.	Statements of Changes in Net Assets Available for Benefits for the Years Ended December 31, 2000, 1999, and 1998		3
3.	Notes to Financial Statements			4
4.	Financial Statement Schedules:			9
	a.	Schedule I — Plan Investments at December 31, 2000		9
	b.	Schedule II — Allocation of Assets and Liabilities to Investment Program as of December 31, 2000 and 1999		10
	c.	Schedule III — Allocation of Income and Changes in Plan Equity to Investment Program for the Years Ended December 31, 2000, 1999, and 1998		12
5.	Signatures			15
6.	Exhibit 23 — Consent of Independent Accountants

Report of Independent Accountants

To the Participants and Deferred Compensation Committee
of the Dell Computer Corporation Deferred Compensation Plan

In our opinion, the accompanying statements of net assets available for benefits and the related statements of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of the Dell Computer Corporation Deferred Compensation Plan (the “Plan”) at December 31, 2000 and 1999, and the changes in net assets available for benefits for the years ended December 31, 2000, 1999 and 1998, in conformity with accounting principles generally accepted in the United States of America. In addition, in our opinion, the financial statement schedules listed in the accompanying index present fairly, in all material respects, the information required to be set forth therein when read in conjunction with the financial statements. These financial statements and financial statement schedules are the responsibility of the Company’s management; our responsibility is to express an opinion on these financial statements and financial statement schedules based on our audits. We conducted our audits of these statements in accordance with auditing standards generally accepted in the United States of America, which require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterhouseCoopers LLP

Austin, Texas
June 29, 2001

1

Dell Computer Corporation Deferred Compensation Plan
Statements of Net Assets Available for Benefits (in thousands)

			December 31,
			2000		1999
ASSETS
Cash and cash equivalents			$	6	$	6
Participant directed investments:
	Dell Computer Corporation money market investments			301		334
	Dell Computer Corporation common stock, at market value			3,503		7,139
	Registered investment funds, at market value			29,861		23,422
		Total Investments		33,665		30,895
Contributions receivable				3,684		2,198
Interest receivable				25		12
	Total Assets			37,380		33,111
LIABILITIES
Unsettled trades				—		34
Accrued administrative expenses				127		132
	Total Liabilities			127		166
Net assets available for benefits			$	37,253	$	32,945

The accompanying notes are an integral part of these financial statements.

2

Dell Computer Corporation Deferred Compensation Plan
Statements of Changes in Net Assets Available for Benefits (in thousands)

					For the Year Ended December 31,
					2000			1999			1998
Additions:
	Additions to net assets attributed to:
		Investment income:
			Interest income		$	247		$	106		$	57
			Dividend income			3,236			1,094			722
			Realized appreciation of investments			590			887			177
			Unrealized appreciation of investments			—			4,803			2,464
				Net Investment Income		4,073			6,890			3,420
		Contributions:
			Participant contributions			10,329			6,634			4,496
			Employer contributions			309			472			289
				Total Contributions		10,638			7,106			4,785
				Total Additions		14,711			13,996			8,205
Deductions:
			Withdrawals			(519	)		(417	)		(143	)
			Unrealized depreciation of investments			(9,752	)		—			—
			Administrative expenses			(132	)		(126	)		(190	)
				Total Deductions		(10,403	)		(543	)		(333	)
			Net Increase			4,308			13,453			7,872
Net assets available for benefits:
			Beginning of year			32,945			19,492			11,620
			End of year		$	37,253		$	32,945		$	19,492

The accompanying notes are an integral part of these financial statements.

3

Dell Computer Corporation Deferred Compensation Plan
Notes to Financial Statements

Note 1 — DESCRIPTION OF THE PLAN

General — Dell Computer Corporation (the “Company”, “Plan Sponsor”) adopted the Dell Computer Corporation Deferred Compensation Plan (the “Plan”) effective May 1, 1991. The following brief description of the Plan, as amended, provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.

The Plan is a non-qualified, deferred compensation plan designed to bridge the gap between the amounts that can be contributed to the Dell Computer Corporation 401(k) Plan and the amount to tax-shelter for the year. The Plan is open to employees at the Director, Vice President, President and CEO levels. Participation in the Plan is at the election of the employee. The Plan is not subject to the provisions of the Employee Retirement Income Security Act of 1974.

Employee Contributions — Contributions are made to the Plan by the Company on behalf of each eligible participant based upon the participant’s elected compensation deferral through payroll deductions. The deferrals are funded by the Company at the end of each payroll period. In 2000, 1999 and 1998, eligible participants were able to contribute 1% to 100% of their eligible compensation plus 1% to 100% of any annual bonus, in whole percentages. All contributions and account balances are subject to creditors of the Company in the event of the Company’s bankruptcy.

Employer Contributions — The Company may credit a participant’s account with an amount, if any, as the Company in its sole discretion shall determine. Such credits may be made on behalf of some participants but not others, and such credits may vary in amount among individual participants. Employer contributions are made according to each participant’s fund elections. During 2000, 1999, and 1998, employer matching contributions were 3% of eligible compensation for all participants, subject to legally imposed maximum employer match limits.

Participant Terminations — Matching contributions forfeited by unvested terminated participants may be used by the Company to offset future matching contributions. At December 31, 2000 and 1999, forfeited non-vested account balances were $0 and $12,437,000, respectively. Forfeitures used to reduce employer matching contributions during 2000, 1999 and 1998 were $7,214,000, $9,850,000 and $12,518,000, respectively.

Plan Termination — Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan. In the event of Plan termination, participants will become 100% vested in their accounts.

Number of Participants — The number of participants in the Plan at December 31, 2000, 1999, and 1998 were 133, 186, and 127 participants, respectively.

Vesting — Participants are immediately vested in their contributions and earnings. A participant vests 20% in employer matching contributions after one year of service and 20% annually thereafter. If a participant is re-employed before a five-year break in service has occurred, the participant’s vesting will continue as if the break in service had not occurred.

4

Dell Computer Corporation Deferred Compensation Plan
Notes to Financial Statements

Administration — Plan assets are held in trust by Chase Manhattan Bank (the “Trustee”). Effective January 26, 2000, the Plan entered into a contract with Hewitt Services LLC (“Hewitt”) to serve as the Plan’s record keeper, Hewitt replaces Automatic Data Processing, Inc. as record keeper for the Plan. Administrative expenses are primarily paid by the participants of the Plan. General administrative expenses are allocated to participant accounts on a pro-rata basis of fund balances.

Grantor Trust — The Company established a Grantor (Rabbi) Trust in March 1997. The Trust shall be governed by and subject to the terms of a trust agreement entered into between the Company, as Grantor, and the Trustee.

Participant Accounts — Each participant account is credited with the participant’s contribution and allocations of the Company’s contribution and Plan earnings offset by Plan administrative expenses. Each day, the Trustee calculates earnings and allocates gains and losses to each participant’s account. The benefit to which a participant is entitled is limited to the participant’s vested account balance.

Investment Options — Participants may direct their account balance and future contributions to any combination of eight pre-approved funds. Participants can transfer the current balance of employee contributions among the investment options or change the direction of their future contributions daily.

The following presents investments that represent 5% or more of the Plan’s net assets (in thousands):

		December 31,
		2000		1999
Participant Directed Investments:
	Dodge & Cox Stock Fund	$	8,202	$	6,009
	Dodge & Cox Balanced Fund		2,809		2,040
	STIF Money Market Fund		4,485		2,872
	American Euro Pacific Growth Fund		8,388		9,013
	PIMCO Total Return Fund		2,471		—
	Neuberger Berman Genesis Fund		1,991		—
	PBHG Growth Fund		—		1,558
	Dell Computer Corporation Stock Fund		3,503		7,139

Tax Status — All income, deductions and credits under the Plan belong to the Plan Sponsor, the Company, for income tax purposes and will be included on the Plan Sponsor’s income tax returns. The Plan Sponsor pays any federal, state and local taxes on the Plan, or any part thereof, and on the income therefrom. Participants are not taxed on their benefits until withdrawn from the Plan.

Note 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting — The financial statements of the Plan are prepared under the accrual method of accounting, in accordance with generally accepted accounting principles. The Company has adopted AICPA Statement of Position (“SOP’) 99-3, “Accounting for and Reporting of Certain Defined Contribution Plan Investments and Other Disclosure Matters” as allowed by the SOP. The objective of SOP 99-3 is to reduce the increasing compliance burden on defined contribution plans and improve comparability of financial statement information. SOP 99-3 releases participant-directed defined contribution plans from the requirement to disclose individual fund information.

5

Dell Computer Corporation Deferred Compensation Plan
Notes to Financial Statements

Use of Estimates — The preparation of financial statements in accordance with generally accepted accounting principles requires the use of management’s estimates. These estimates are subjective in nature and involve judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at fiscal year end and the reported amounts of additions and deductions during the fiscal year. Actual results could differ from those estimates.

Risks and Uncertainties — Financial instruments which potentially subject the Plan to concentrations of credit risk consist primarily of securities in which the Plan invests. Investment securities are exposed to various risks, such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the near-term could materially affect participants’ account balances and the amounts reported in the statement of net assets available for benefits.

Cash and Cash Equivalents — The Plan considers all liquid investments with original maturities of three months or less to be classified as cash equivalents. Cash equivalents are stated at cost, which approximates market value.

Investments — Investments are recorded at acquisition cost on a trade-date basis, which includes brokerage commissions, and are revalued each business day based upon quoted market prices.

In the statement of changes in net assets available for benefits, the Plan presents the realized appreciation and depreciation on investments and the unrealized appreciation or depreciation in the fair value of investments. Net appreciation or depreciation is determined based on the difference between average cost of the investments and the market value as of each valuation date of such investment. Average cost is determined based on the weighted average cost of all investments purchased less any dispositions during the Plan year.

Registered investment fund costs at December 31, 2000 and 1999 were $29,227,000 and $19,248,000 respectively. Dell Computer Corporation Stock Fund costs at December 31, 2000 and 1999 were $6,138,000 and $3,595,000, respectively.

Distributions — Plan distributions are recorded when paid.

Note 3 — REALIZED NET APPRECIATION ON INVESTMENTS (in thousands):

      The schedule below illustrates net realized gains on investments by investment type:

							Net Realized
			Proceeds		Cost		Gains
For the year ended December 31, 2000
	Dell Computer Corporation Stock Fund		$	6,601	$	6,152	$	449
	Registered investment funds			10,564		10,423		141
		Total	$	17,165	$	16,575	$	590
For the year ended December 31, 1999
	Dell Computer Corporation Stock Fund		$	4,577	$	3,849	$	728
	Registered investment funds			2,756		2,597		159
		Total	$	7,333	$	6,446	$	887
For the year ended December 31, 1998
	Dell Computer Corporation Stock Fund		$	1,329	$	1,250	$	79
	Registered investment funds			3,075		2,977		98
		Total	$	4,404	$	4,227	$	177

6

Dell Computer Corporation Deferred Compensation Plan
Notes to Financial Statements

Note 4 — UNREALIZED NET APPRECIATION OR DEPRECIATION ON INVESTMENTS (in thousands):

      The schedule below illustrates total unrealized net appreciation or depreciation of investments by investment type:

			For the period ended December 31,
			2000			1999		1998
Unrealized appreciation at the beginning of the period:
	Dell Computer Corporation Stock Fund		$	3,878		$	2,676	$	136
	Registered investment funds			4,174			573		649
		Total	$	8,052		$	3,249	$	785
Unrealized appreciation (depreciation) for the period:
	Dell Computer Corporation Stock Fund		$	(6,212	)	$	1,202	$	2,540
	Registered investment funds			(3,540	)		3,601		(76	)
		Total	$	(9,752	)	$	4,803	$	2,464
Unrealized appreciation (depreciation) at the end of the period:
	Dell Computer Corporation Stock Fund		$	(2,334	)	$	3,878	$	2,676
	Registered investment funds			634			4,174		573
		Total	$	(1,700	)	$	8,052	$	3,249

7

Financial Statement Schedules

8

Dell Computer Corporation Deferred Compensation Plan
Schedule I — Plan Investments at December 31, 2000 (dollars in thousands)

	Shares Held		Market Value
Dodge & Cox Stock Fund		84,842	$	8,202
PIMCO Total Return Fund		237,787	$	2,471
Dodge & Cox Balanced Fund		44,299	$	2,809
STIF Money Market Fund		4,485	$	4,485
American Euro Pacific Growth Fund		267,558	$	8,388
PBHG Growth Fund		98,703	$	1,515
Neuberger Berman Genesis Fund		106,641	$	1,991
Dell Computer Corporation Stock Fund — Dell Stock		200,914	$	3,503
Dell Computer Corporation Stock Fund — Money Market		300,553	$	301

9

Dell Computer Corporation Deferred Compensation Plan
Schedule II — Allocation of Assets and Liabilities to Investment Program
As of December 31, 2000 (in thousands)

											American				Neuberger		Dell Computer
			Dodge & Cox		PIMCO Total		Dodge & Cox		STIF Money		Euro Pacific		PBHG Growth		Berman Genesis		Corporation
			Stock Fund		Return Fund		Balanced Fund		Market Fund		Growth Fund		Fund		Fund		Stock Fund		Total
ASSETS
Cash and cash equivalents			$	6	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	6
Investments:
	Dell Computer Corporation money market investments			—		—		—		—		—		—		—		301		301
		Dell Computer Corporation common stock, at market value		—		—		—		—		—		—		—		3,503		3,503
		Registered investment funds at market value		8,202		2,471		2,809		4,485		8,388		1,515		1,991		—		29,861
		Total Investments		8,202		2,471		2,809		4,485		8,388		1,515		1,991		3,804		33,665
Contributions receivable				896		272		308		495		913		165		218		417		3,684
Interest Receivable				—		—		—		23		—		—		—		2		25
	Total Assets			9,104		2,743		3,117		5,003		9,301		1,680		2,209		4,223		37,380
LIABILITIES
Unsettled trades				—		—		—		—		—		—		—		—		—
Accrued administrative expenses				53		5		10		4		46		2		2		5		127
	Total liabilities			53		5		10		4		46		2		2		5		127
Net assets available for benefits			$	9,051	$	2,738	$	3,107	$	4,999	$	9,255	$	1,678	$	2,207	$	4,218	$	37,253

10

Dell Computer Corporation Deferred Compensation Plan
Schedule II — Allocation of Assets and Liabilities to Investment Program
As of December 31, 1999 (in thousands)

											American				Neuberger		Dell Computer
			Dodge & Cox		PIMCO Total		Dodge & Cox		STIF Money		Euro Pacific		PBHG Growth		Berman Genesis		Corporation
			Stock Fund		Return Fund		Balanced Fund		Market Fund		Growth Fund		Fund		Fund		Stock Fund		Total
ASSETS
Cash and cash equivalents			$	6	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	6
Investments:
	Dell Computer Corporation money market investments			—		—		—		—		—		—		—		334		334
		Dell Computer Corporation common stock at market value		—		—		—		—		—		—		—		7,139		7,139
		Registered investment funds at market value		6,009		1,227		2,040		2,872		9,013		1,558		703		—		23,422
		Total Investments		6,009		1,227		2,040		2,872		9,013		1,558		703		7,473		30,895
Contribution Receivable				422		87		144		203		634		114		46		548		2,198
Interest Receivable				—		—		—		11		—		—		—		1		12
	Total Assets			6,437		1,314		2,184		3,086		9,647		1,672		749		8,022		33,111
LIABILITIES
Unsettled trades				—		—		—		—		—		—		—		34		34
Accrued administrative expenses				39		5		10		9		50		4		1		14		132
	Total Liabilities			39		5		10		9		50		4		1		48		166
Net assets available for benefits			$	6,398	$	1,309	$	2,174	$	3,077	$	9,597	$	1,668	$	748	$	7,974	$	32,945

11

Dell Computer Corporation Deferred Compensation Plan
Schedule III — Allocation of Income and Changes in Plan Equity to Investment Program
For the Year Ended December 31, 2000 (in thousands)

																	American						Neuberger			Dell Computer
					Dodge & Cox			PIMCO Total			Dodge & Cox			STIF Money			Euro Pacific			PBHG Growth			Berman Genesis			Corporation
					Stock Fund			Return Fund			Balanced Fund			Market Fund			Growth Fund			Fund			Fund			Stock Fund			Total
Additions:
	Additions to net assets attributed to:
			Investment income:
				Interest income	$	—		$	—		$	—		$	227		$	—		$	—		$	—		$	20		$	247
				Dividend income		1,366			125			444			—			928			264			109			—			3,236
				Realized appreciation (depreciation) of investments		60			(1	)		(12	)		—			172			(96	)		18			449			590
				Net Investment Income		1,426			124			432			227			1,100			168			127			469			4,073
		Contributions:
				Participant contributions		2,044			747			736			2,692			1,592			395			753			1,370			10,329
				Employer contributions		64			26			22			88			74			9			28			(2	)		309
				Total Contributions		2,108			773			758			2,780			1,666			404			781			1,368			10,638
				Total Additions		3,534			897			1,190			3,007			2,766			572			908			1,837			14,711
Deductions:
				Withdrawals		(163	)		(3	)		(58	)		(128	)		(94	)		(35	)		(6	)		(32	)		(519	)
				Unrealized appreciation (depreciation) of investments		(303	)		106			(78	)		—			(2,863	)		(653	)		251			(6,212	)		(9,752	)
				Administrative expenses		(39	)		(6	)		(10	)		(9	)		(35	)		(7	)		(6	)		(20	)		(132	)
				Total Deductions		(505	)		97			(146	)		(137	)		(2,992	)		(695	)		239			(6,264	)		(10,403	)
				Net increase (decrease) in assets prior to interfund transfers		3,029			994			1,044			2,870			(226	)		(123	)		1,147			(4,427	)		4,308
				Interfund transfers		(376	)		435			(111	)		(948	)		(116	)		133			312			671			—
				Net Increase (Decrease)		2,653			1,429			933			1,922			(342	)		10			1,459			(3,756	)		4,308
Net assets available for benefits:
				Beginning of year		6,398			1,309			2,174			3,077			9,597			1,668			748			7,974			32,945
				End of year	$	9,051		$	2,738		$	3,107		$	4,999		$	9,255		$	1,678		$	2,207		$	4,218		$	37,253

12

Dell Computer Corporation Deferred Compensation Plan
Schedule III — Allocation of Income and Changes in Plan Equity to Investment Program
For the Year Ended December 31, 2000 (in thousands)

																	American						Neuberger			Dell Computer
					Dodge & Cox			PIMCO Total			Dodge & Cox			STIF Money			Euro Pacific			PBHG Growth			Berman Genesis			Corporation
					Stock Fund			Return Fund			Balanced Fund			Market Fund			Growth Fund			Fund			Fund			Stock Fund			Total
Additions:
	Additions to net assets attributed to:
			Investment income:
				Interest income	$	6		$	—		$	—		$	85		$	—		$	—		$	—		$	15		$	106
				Dividend income		449			70			188			—			333			50			4			—			1,094
				Unrealized appreciation (depreciation) of investments		381			(64	)		(21	)		—			2,583			670			52			1,202			4,803
				Realized appreciation (depreciation) of investments		110			(8	)		7			—			46			(1	)		5			728			887
				Net Investment Income		946			(2	)		174			85			2,962			719			61			1,945			6,890
		Contributions:
				Participant contributions		1,111			356			441			1,372			1,123			148			599			1,484			6,634
				Employer contributions		71			22			38			124			151			7			29			30			472
				Total Contributions		1,182			378			479			1,496			1,274			155			628			1,514			7,106
				Total Additions		2,128			376			653			1,581			4,236			874			689			3,459			13,996
Deductions:
				Withdrawals		(108	)		(1	)		(61	)		(72	)		(11	)		—			—			(164	)		(417	)
				Administrative expenses		(39	)		(4	)		(11	)		(12	)		(40	)		(4	)		(2	)		(14	)		(126	)
				Total Deductions		(147	)		(5	)		(72	)		(84	)		(51	)		(4	)		(2	)		(178	)		(543	)
				Net increase in assets prior to interfund transfers		1,981			371			581			1,497			4,185			870			687			3,281			13,453
				Interfund transfers		(475	)		(60	)		252			353			784			(29	)		(305	)		(520	)		—
				Net Increase		1,506			311			833			1,850			4,969			841			382			2,761			13,453
Net assets available for benefits:
				Beginning of year		4,892			998			1,341			1,227			4,628			827			366			5,213			19,492
				End of year	$	6,398		$	1,309		$	2,174		$	3,077		$	9,597		$	1,668		$	748		$	7,974		$	32,945

13

Dell Computer Corporation Deferred Compensation Plan
Schedule III — Allocation of Income and Changes in Plan Equity to Investment Program
For the Year Ended December 31, 1998 (in thousands)

																	American						Neuberger			Dell Computer
					Dodge & Cox			PIMCO Total			Dodge & Cox			STIF Money			Euro Pacific			PBHG Growth			Berman Genesis			Corporation
					Stock Fund			Return Fund			Balanced Fund			Market Fund			Growth Fund			Fund			Fund			Stock Fund			Total
Additions:
	Additions to net assets attributed to:
			Investment income:
				Interest income	$	—		$	—		$	—		$	46		$	—		$	—		$	—		$	11		$	57
				Dividend income		383			75			97			—			157			—			10			—			722
				Unrealized appreciation (depreciation) of investments		(248	)		(12	)		(55	)		—			255			(12	)		(4	)		2,540			2,464
				Realized appreciation (depreciation) of investments		23			1			15			2			65			(7	)		(1	)		79			177
				Net Investment Income		158			64			57			48			477			(19	)		5			2,630			3,420
		Contributions:
				Participant contributions		900			270			442			510			460			399			229			1,286			4,496
				Employer contributions		59			13			28			36			106			5			18			24			289
				Total Contributions		959			283			470			546			566			404			247			1,310			4,785
				Total Additions		1,117			347			527			594			1,043			385			252			3,940			8,205
Deductions:
				Withdrawals		(71	)		(11	)		(31	)		(7	)		(10	)		—			—			(13	)		(143	)
				Administrative expenses		(54	)		(8	)		(13	)		(13	)		(47	)		(7	)		(2	)		(46	)		(190	)
				Total Deductions		(125	)		(19	)		(44	)		(20	)		(57	)		(7	)		(2	)		(59	)		(333	)
				Net increase in assets prior to interfund transfers		992			328			483			574			986			378			250			3,881			7,872
				Interfund transfers		(72	)		89			(171	)		(265	)		(3	)		20			116			286			—
				Net Increase		920			417			312			309			983			398			366			4,167			7,872
Net assets available for benefits:
				Beginning of year		3,972			581			1,029			918			3,645			429			—			1,046			11,620
				End of year	$	4,892		$	998		$	1,341		$	1,227		$	4,628		$	827		$	366		$	5,213		$	19,492

14

SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

		DELL COMPUTER CORPORATION DEFERRED COMPENSATION PLAN
		By:	Benefits Administration Committee of the Dell Computer Corporation Deferred Compensation Plan
Date:	September 20, 2001		By:	/s/ THOMAS B. GREEN
				Thomas B. Green Chairman of Benefits Administration Committee

15

EXHIBIT INDEX

EXHIBIT
NUMBER	DESCRIPTION
23		Consent of Independent Accountants