We show that the phenomenon of low-frequency fluctuations (LFF), commonly o
bserved in semiconductor lasers with optical feedback, can be explained by
a simple return-map, implying a tremendous simplification in the descriptio
n of the slow time-scale dynamics of the system. Experimentally observed pa
rameter dependencies are simply explained by the calculated return-maps. Ou
r approach partly decouples the slow and the fast time-scale behaviour. The
latter is often described in terms of chaotic itinerancy, but this does no
t provide an explanation for the low-frequency fluctuations themselves. (C)
1999 Elsevier Science B.V. All rights reserved.