Northland analyst Tim Savageaux said he would be an "aggressive buyer" of Oclaro (OCLR) amid its pullback on the potential U.S. trade sanctions on customer ZTE as he see this is as a short term issue and had already modeled a moderation of strength in China. Savageaux also sees the pullbacks in NeoPhotonics (NPTN) and Lumentum (LITE), which he notes have ZTE revenue exposures in the "very low single digits," as overdone. Additionally, the analyst sees ZTE's bad news as potentially benefiting its optical systems and components competitors Ciena (CIEN) and Infinera (INFN).