-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Bi/5LK8iW7q3d2Ua+e/OpEHq9l3Mkvl670bsy5hvDoCIT9QHDydGtszSOV+MPY9f
 SFyf7ilTr2Ya+QmoAVTulQ==

<SEC-DOCUMENT>0001140890-03-000002.txt : 20030722
<SEC-HEADER>0001140890-03-000002.hdr.sgml : 20030722
<ACCEPTANCE-DATETIME>20030722125010
ACCESSION NUMBER:		0001140890-03-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030718
FILED AS OF DATE:		20030722

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELL COMPUTER CORP
		CENTRAL INDEX KEY:			0000826083
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC COMPUTERS [3571]
		IRS NUMBER:				742487834
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0129

	BUSINESS ADDRESS:	
		STREET 1:		ONE DELL WAY
		STREET 2:		STED
		CITY:			ROUND ROCK
		STATE:			TX
		ZIP:			78682-2244
		BUSINESS PHONE:		5127284737

	MAIL ADDRESS:	
		STREET 1:		ONE DELL WAY
		CITY:			ROUND ROCK
		STATE:			TX
		ZIP:			78682

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LEWENT JUDY C
		CENTRAL INDEX KEY:			0001140890

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17017
		FILM NUMBER:		03795996

	BUSINESS ADDRESS:	
		STREET 1:		ONE DELL WAY
		CITY:			ROUND ROCK
		STATE:			TX
		ZIP:			786822244
		BUSINESS PHONE:		5127284737

	MAIL ADDRESS:	
		STREET 1:		PO BOX 100
		CITY:			WHITEHOUSE STATION
		STATE:			NJ
		ZIP:			08889
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-07-18</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000826083</issuerCik>
        <issuerName>DELL COMPUTER CORP</issuerName>
        <issuerTradingSymbol>DELL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001140890</rptOwnerCik>
            <rptOwnerName>LEWENT JUDY C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>
   <derivativeSecurity>
      <securityTitle>
          <value>Nonqualified Stock Options</value>
      </securityTitle>
      <conversionOrExercisePrice>
          <value>33</value>
      </conversionOrExercisePrice>
      <transactionDate>
          <value>2003-07-18</value>
      </transactionDate>
      <transactionCoding>
          <transactionFormType>4</transactionFormType>
          <transactionCode>A</transactionCode>
          <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
          <transactionShares>
              <value>11996</value>
          </transactionShares>
          <transactionValue>
              <value>0</value>
          </transactionValue>
          <transactionAcquiredDisposedCode>
              <value>A</value>
          </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
          <value>2004-07-18</value>
              <footnoteId id="F1" />
      </exerciseDate>
      <expirationDate>
          <value>2013-07-18</value>
      </expirationDate>
      <underlyingSecurity>
          <underlyingSecurityTitle>
              <value>Common Stock</value>
          </underlyingSecurityTitle>
          <underlyingSecurityShares>
              <value>11996</value>
          </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>11996</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeSecurity>
   <derivativeSecurity>
      <securityTitle>
          <value>Nonqualified Stock Options</value>
      </securityTitle>
      <conversionOrExercisePrice>
          <value>33</value>
      </conversionOrExercisePrice>
      <transactionDate>
          <value>2003-07-18</value>
      </transactionDate>
      <transactionCoding>
          <transactionFormType>4</transactionFormType>
          <transactionCode>A</transactionCode>
          <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
          <transactionShares>
              <value>5399</value>
          </transactionShares>
          <transactionValue>
              <value>0</value>
          </transactionValue>
          <transactionAcquiredDisposedCode>
              <value>A</value>
          </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
          <value>2004-07-18</value>
              <footnoteId id="F2" />
      </exerciseDate>
      <expirationDate>
          <value>2013-07-18</value>
      </expirationDate>
      <underlyingSecurity>
          <underlyingSecurityTitle>
              <value>Common Stock</value>
          </underlyingSecurityTitle>
          <underlyingSecurityShares>
              <value>5399</value>
          </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>17395</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeSecurity>
<footnotes>
   <footnote id="F1">Exercisable as follows:  2,399 shares on 7/18 of 2004 through 2007 and 2,400 shares on 7/18/2008.</footnote>
   <footnote id="F2">Exercisable as follows:  1,079 share on 718/04 and 1,080 shares on 7/18 of 2005 through 2008.</footnote>
</footnotes>
    <ownerSignature>
       <signatureName>Judy C. Lewent</signatureName>
       <signatureDate>2003-07-22</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----