This HPQ is being separated and set up to be sold within the next 36 months - They would be smart to relabel a professional computer line called "COMPAQ series". I think that this stock will become more valuable as acquisition suitors start calling.
Roland Smith was probably not intending to stay for more than 2 years - if the merger is not approved, he will leave a short time later. As far as the 28,000 employees, only 2000 at HQ are at risk and the people at the 300-400 stores that will close as a result of a merger. Doesn't matter, investigation will ensue, market manipulation on leaked negative information is making a lot of institutional buyers wealthy.