HP just lost another 13% of its market value today. Could you imagine working for HP in California and finding out that Meg Whitman was your new CEO? You're sitting there, watching the Governor race and thinking "God I hope she doesn't win". Then, after feeling happy that she didn't win, you receive a note from your manager telling you that you will be governed by her anyway?
Disclosure: I am long MSFT.
Disclosure: I am/we are long MSFT.