Based on a rate equation description of a directly modulated laser diode, w
e investigate the origin of intermittent bursts that appear in the output p
ower of the device, Sudden drops in the maximum amplitude of the laser's ou
tput characterize this behavior, found in the period doubling sequence that
appears when the modulation index varies, From the investigation of this b
ehavior, this paper reveals the cause for the extreme sensitivity to noise
of modulated laser diodes. Using bifurcation theory techniques, we explain
how the unstable periodic solutions and the intrinsic noise of the device p
lay a key role in the mechanism giving rise to these bursts. This paper sho
ws that the mechanism is composed of two fundamental stages, which have bee
n referred to as capture and reinjection, As we clarify the origin of the t
wo stages, the different time scales involved in each one are also identifi
ed, From this analysis, we can conclude that the intermittent bursts are a
characteristic signature of the process by which the laser stochastic dynam
ics progressively embeds one of the saddle cycles as the modulation index i
s varied.