Question-and-Answer Session
Operator
(Operator Instructions). Our first question comes from the line of Mike Crawford from B. Riley & Company.
Mike Crawford – B. Riley & Company
Could you please share the rough breakout between Oplink Core, OCP, and ROADM for this quarter and then your thoughts on that for March given the guidance you have just given us?
Shirley Yin
For this coming quarter, ROADM revenue is about $5 million, and for the active piece, it is approximately the same as last quarter.
Mike Crawford – B. Riley & Company
Would you expect much change in the relative mix in March? Are there any particular areas of strength or weakness?
Joseph Liu
The ROADM will probably have a slight drop, and there will be probably more reduction on the active as well as the OMS.
Mike Crawford – B. Riley & Company
Did you say who your 10% customers were?
Shirley Yin
The 10% customers for the current quarter are Tellabs and Huawei.
Mike Crawford – B. Riley & Company
The final question relates to your thoughts on the industry. Since you have acquired OCP, there have been several other acquisitions, but it seems to me there are still too many component providers out there. There are 10 or 12 of you guys that comprise three-fourths of the market. What are your thoughts on consolidation? Don’t you think that needs to happen for component vendors to have a stronger business model?
Joseph Liu
I think so. You are absolutely correct here. I think that further consolidation is unavoidable.
Mike Crawford – B. Riley & Company
It would seem that you have the balance sheet to make it happen, so maybe, we will have a conference call one of these days coming up besides the regularly scheduled call.
Operator
Our next question comes from the line of John Harmon with Needham & Company.
John Harmon – Needham and Company
Maybe I will just have to elaborate on the prior question, Oplink has probably the highest amount of net cash and one of the highest figures for any the public companies. You must certainly be getting a lot of companies that want to come to you and sell. Have you seen an increase in either the number of companies that have been coming to you? Are you looking at more things, and do you think the valuation for private companies are starting to come down to realistic levels?
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