1. An optoelectronic transceiver comprising: an optoelectronic transmitter; an optoelectronic receiver; comparison logic to compare sensor values representative of operating conditions of the optoelectronic transceiver with corresponding limit values to generate flag values; memory to store the flag values, the flag values comprising a first flag value and a second flag value associated with a respective operating condition, wherein the first flag value and a second flag value are associated with a shared memory address; and a module configured to: receive, from a host external to the optoelectronic transceiver, a request for information associated with the respective operating condition, wherein the request includes the shared memory address; and respond to the host by sending flag values associated with the shared memory address, wherein the flag values sent to the host include at least the first flag value and the second flag value.