Jim Chanos Explains why he is Short $HPQ

Nathan Sandler, ICE Canyon co-founder, reveals his best investment plays, and Jim Chanos, Kynikos Associates president and founder, explains how some of his company’s best short ideas have been so-called value stocks, adding that a shift in the PC business presents a good opportunity for shorts, including Hewlett-Packard.
Go about 4:50 minutes in he discusses accounting issues with HPQ and the problems with PCs in general.