Oclaro, Inc. (NASDAQ:OCLR)

CAPS Rating: 2 out of 5

The Company designs, manufactures and markets optical components, modules and subsystems for the telecommunications industry, and also manufactures electronic components for the telecommunications, defense and aerospace industries.

Recs

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Player Avatar Teacherman1 (62.19) Submitted: 11/23/2012 10:59:49 AM : Outperform Start Price: $1.69 OCLR Score: -13.90

Closed and re-opened to more accurately reflect my actual start price for a longer term hold.

Actually in at $1.65.

Over bought to get my price down, then sold off the overage at a small profit this morning.

It will take a while, but I still like them for the longer term.

They have good products, but need to improve their marketing efforts.

JMO and worth exactly what I am charging for it.

Member Avatar Teacherman1 (62.19) Submitted: 11/26/2012 3:17:13 PM
Recs: 0

This is why OCLR is up so much today.

Selling off a couple of non-core businesses (film) for $27M.

I liked them before, but this cash infusion helps to give them time and flexibility.

Here is a link to a PR Newswire article posted on Yahoo Finance.

http://finance.yahoo.com/news/oclaro-agrees-sell-thin-film-115500676.html

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