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Oclaro, Inc. Message Board

  • allisonwvl allisonwvl Aug 9, 2013 8:43 AM Flag

    why possibilty of BK?Isnt economy PICKING UP ??they must have increased sales ?

    i see a plus here
    but then again this market could be seeing PROFIT taking at that late August?
    Allison

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    • Today, JDSU should give a good indication of what's going on in telecom. Finisar said they saw a mild pickup in telecom (metro) and NPTN recorded record revenues for 100G optics it supplies to tier 1 system makers for coherent transmission. OPLK also reported a pickup in (metro) orders. JDSU's optical component division is the most similar to OCLR and they'll provide the latest developments in market trends. When OCLR finally reports, either they will either show significant progress of a turnaround or an acceleration into the downward spiral to BK.

 
OCLR
2.34+0.18(+8.33%)Jul 29 4:00 PMEDT