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Wednesday, April 25, 2012

Oclaro $OCLR

Oclaro $Oclr reports after the bell tomorrow.  I am preparing a longer more in depth post to this one.  It will be ready soon.  But, for now Infinera just reported better than expected earnings today.  This is significant as it was one of Oclaro's top 3 customers accounting for more than 10% of revenue.  Oclaro is up in afterhours trading as it should be because for the last 2 weeks its done nothing but drop.

jWells

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