lt cap,

It's curious that NOK gets a boost when the newswires send what is already known. Perhaps it's like the oil stocks - everyone knows earnings are going to be terrible, but they still take a hit when it's announced at the CC. Or perhaps the synergistic savings of  900 mil. by the end of 2018 did not have a figure attached to it before. 

I keep thinking about buying NOK in the $5.70's perhaps, and also have an eye on INFN - below 15 looks cheap, but it seems to be trading cautiously, as no one knows what Fallon will say about the impact of InPhi's product making about 10% of their equipment sales instantlyobsolete. I don't think he'll gloss it over, but if he doesn't give a fair amount of information on it, the analysts will certainly ask.