I would also like to say that I agree with SPIN that it was not "investors" who misconstrued the IBM news, but rather a careless Dow Jones reporter. When I saw the way that some opportunists were trying to exploit this shoddy piece of journalistic asscovering on the Yahoo board, I said much the same thing there that SPIN was saying here. I think it is fairly evident that some clever shorts brought this "confusion" to the attention of the DJ reporter, who then took the bait and ran with it.