Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Oclaro
So what: It's possible the sell-off is related to a disappointing earnings report from Tellabs
Now what: Oclaro is scheduled to report earnings on Thursday morning. Investors are better off waiting for that and listening to the conference call -- rather than playing a guessing game based on other companies' earnings -- before making any buy or sell decisions.
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