lt cap,

Hadn't thought of the DRIP idea of, I presume, delaying taxing of that dividend - which, if one owns massive amounts of NOK, is substantial. I would assume that the European tax on capital gains/dividends would be applied at the time of the dividend, as I can't see another way that they'd catch this cash distribution. IIRC, the European tax has been about 25-30% - socialism tends to not show prejudice in favor of the rich when it comes times to chip in. 

The other question I have is not a fair one at all, given that I'm not an analyst and you're not a CEO, but let me ask it anyway: The size of the recent blowdown is unexpected, and daunting. And as you say, it's not hard to get a fair idea of how your sales pipeline is/will be doing. (Well, tell that to INFN, eh?) Given that Suri seems not to know how business is doing, and there definitely is a capex slowdown (and I keep wondering why that doesn't end up in a price war?) is the fundamental long term story for NOK intact, simply running into significant,but short-term headwinds, or does all the uncertainty surrounding all the optical networking stocks (INFN, CIEN, etc.) also bring into question the very positive long term story? (Yeah - not a fair question to ask you, kind of like asking will Suri give another surprisingly bad account going forward, so feel free to ignore it at your discretion.)

The dividend this time around will be US ~29 cents (18 cents is the regular dividend and 11 cents is the special dividend), which in my case, if its re-invested will buy just shy of 3K shares.  I will do the DRIP every year, as I think the stock will be much higher after the integration is complete and then move further up when the 5G roll out begins.

As to buying more with new funds, I will wait a bit as this market may trend down to the bottom of the channel.