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From what you describe, it does sound like the volume button is stuck or at least it thinks it is.
I don't remember how long you can return things to Compusa, 1 month is probably too long? But I would think it is still under HP warranty. This is my guess without getting out stuff from both places to see.
You can try doing a hard reset, though you will lose any apps and data. If it's possible to run the IPAQ Backup first to a card, I would do that. Then you can restore your stuff after the hard reset. If the hard reset does not fix it, the backup on the card will get you going again after your machine is repaired/replaced.
Good luck!
buckyg
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