lt cap,

There are at least 2 puzzles here - One being that if the Feb. 11th CC may be an opp to air any dirty laundry, would a bullish investor buy before or after earnings? I *think* NOK has China exposure, and if so, that might speak to perhaps missing estimates. The other is why the analysts that have spoken so badly against this settlement are not balanced by other analysts who are less pessimistic - INFN was a bit of a different animal, in terms of not really being well covered/followed, whereas NOK and ALU were widely watched. I'm not second guessing your interp of the settlement, just quizzical as to why, so far, there is no defence of the stock.

I suspect the answer to #1 is both: buy before, save some powder for after. Hard to suss out, given that the stock has moved so strongly and so quickly - reminds me a bit of when ALU went from 3 to 4 in an eyeblink, then down again and up again. I (somewhat warily) will probably buy some more here - wish I had a crystal ball as to where it goes next, but then again - it's always been about the longterm story, not the short one.