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Traveling wave equations are used to model the dynamics of multisection semiconductor lasers. To perform a bifurcation analysis of this system of 1-D partial differential equations its low dimensional approximations are constructed and considered. Along this paper this analysis is used for the extensive study of the pulsations in a three section distributed feedback laser. Namely, stability of pulsations, different bifurcation scenaria, tunability of the pulsation frequency and its locking by the frequency of electrical modulation are considered. All these pulsation qualities are highly important when applying lasers in optical communication systems.