  We theoretically investigate the response of optical phase conjugators to
incident probe pulses. In the stable (sub-threshold) operating regime of an
optical phase conjugator it is possible to transmit probe pulses with a
superluminally advanced peak, whereas conjugate reflection is always
subluminal. In the unstable (above-threshold) regime, superluminal response
occurs both in reflection and in transmission, at times preceding the onset of
exponential growth due to the instability.
