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JDSU, Finisar could benefit from potential Oclaro bankruptcy, says Jefferies

Jefferies believes that JDSU (JDSU) and Finisar (FNSR) could generate revenue boosts of $35M and $40M respectively in 2014 if Oclaro (OCLR) needs to restructure severely or declare bankruptcy. The firm recommends that investors interested in playing this potential catalyst buy shares of JDSU, given the firm's concerns about Finisar's Datacom business.