They have more offices around the world than Starbucks - what the heck is management really thinking?
Oh wait - they have a French Poodle CEO. Nice hair comb-over Alain (don't call me Alan...)
They need the real estate for when they convert to pizza distribution. Worldwide operation. Say bye to Dominos.
Oclaro would probably figure out a way to lose money even selling water to the thirsty.
This company has taken the worst of DNA from Bookham, Avanex, Opnext to create this unwieldy company. Try getting a simple answer from their IR and you will understand what I am talking about.