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Oclaro, Inc. Message Board

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  • mak424 mak424 Jan 25, 2013 10:26 AM Flag

    ....so WHEN exactly is this "bombshell" earnings report out ???

    I agree with you that it would be mind boggling.

    This is from the press release so it is possible.

    The Company intends to use the net proceeds of the offering for general corporate purposes, including working capital. In addition, the Company may use a portion of the net proceeds to acquire or invest in complementary businesses, products or technologies. The Company's management will have significant discretion in applying the net proceeds of the offering.

    Sentiment: Strong Buy

 
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