Tangential: I think HP's stock might be selling for less than the company's liquidation value at this point, depending on what you think of their patents. That's ignoring the fact that they also have some profitable high margin businesses.
Sure, they're doing some boneheaded stuff lately, but I couldn't resist buying some. Buying $1 for 88 cents is usually a good move. I sold some TIPS bonds to buy shares.
Disclaimer: Obviously I just bought some of the stock. I'm not sure if they're selling for below their liquidation price. Check the financials yourself and do your own research. Etc, etc.