Page cannot be displayed when Enable HTTP (gzip) compression is checked

I have installed and configured W3 Total Cache and it seems to have helped speed up our site very well, however I have one issue that I cannot overcome. I am not able to Enable HTTP compression in the Browser Cache settings. Each time I do, when I try to open the website (in a different browser from the one I am logged into the website on), I get “Page Cannot Be Displayed”. Then if I simply refresh the page, it will come up, but obviously this is not satisfactory. When I deselect Enable HTTP (gzip) Compression, the website pages open successfully.