Microsoft Windows OS assignment of USB port to address is automatic and might vary from machine to machine. Although the USB-UART Bridge on the SP601 is typically assigned COM4, this might vary.

Figure 1 - HyperTerminal COM Port AssignmentTo find out the actual port assignment, open the Device Manager (right-click on My Computer -> Properties -> Hardware tab -> Device Manager).
Expand the "Ports (COM & LPT)" option and find "CP210x USB to UART Bridge Controller". The COM port will be noted, in parenthesis, after the device name.

Figure 2 - Device Manager showing COM port assignmentUse this COM Port location when setting up HyperTerminal to establish a connection.