I am also glad to read that Goldman has become quite bullish on NOK.  I too happen to think that their assertion that NOK is a $7.20 stock is in line with my thinking.  The stock was trading at that level when the Aribtration news came out and the brutal punishment started.  Now that the news of revenues in the Technologies division is in line with what had been expected prior to the arbitration outcome, the stock rightfully belongs in that price range. Then there are the potential for synergies being lifted on subsequent quarters, which will stabilize gross margins and cash flow levels.  BTW, Merril Lynch also has a very bullish view on NOK over the long term.

I believe that Suri has set the bar low enough such that the stock should be lifted once the quarterly results are posted in early August.