Budro wrote on 11/23/12 at 17:28:49:Thanks for the reply. So before I start tearing it down what's the decomp? I'm thinking it has a stuck valve since it has no compression at all but I never heard of a decomp.
Budro it sounds like you do not have a manual. Before you go any further,download one and study it a while. (hint..there's a link here in the Technical Documents/Reference.....Table of Contents with links to a free service manual download).
Anyway,the "decomp" is a decompression solenoid valve that relieves the compression to make for easier starting. It's located under the chrome tin on the left front of the head. As Justin pointed out,if that "decomp" is stuck open you loose compression.
Now study,investigate,repair and let us know what you found!