• Another optical networker hit by some headwinds, much of it blowing out of China.
• But we see reasons for some optimism here. The shares are reasonably priced and the company seems to have less legacy business and is well positioned in high growth areas.
• The headwinds will also taper off sooner or later.

Source: Oclaro Is Cheap – Oclaro, Inc. (NASDAQ:OCLR) | Seeking Alpha