JDSU knocked it out Oclaro reports tomorrow at 4:30 EST
JDSU is looking at March being the time frame for announcements after the CAPEX budgets are increased for disbursement! Maybe 2013 will be a pick me up for the optical sector. OCLR is one of GigOptix main customers and should have a big effect on what will happen. GLTA!
Gigoptix should excel on any good news Oclaro puts out as it is one of four main customers GIG supplies per there investor presentation last qtr. I should tell you it can work the other way if Oclaro reports losing market share, etc.
Ura, I was not impressed and thought the CC could have been better presented but what do I know. LOL. I did hear that OCLR outsourced during the times of the flood impacts on its business and that they moved manufacturing to two new locations in Malaysia. 24 Million in insurance helped that process I bet.
Apparently since the repairs to their line and the merger with OpNext that OCLR is internally looking to make their components so whatever we gave them didn't make a large enough difference to keep us as a supplier..............? I did not hear them mention GIG I am just coming to that conclusion with the warning and all.
During the CC OCLR stated that for two months the OpNext merger made a positive difference in their business cycle. I wonder if the two months stated led to the 3 million miss by GIG? Hmmm................... - Profit
Checking the website OCLR has not yet put out the presentation and there is a link for their 4:30 webcast. I have this technology gut check going on 2013 looks to be a year for them to come back in favor.