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lept 19.4% in late morning after posting higher-than-expected earnings and offering a bullish outlook that was lifting other fiber-optic equipment makers and technology stocks.

JDS Uniphase


was up 10%, even though

Merill Lynch

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lowered earnings estimates on it for the third quarter, 2001 and 2001.



was up 9.9% and tech bellwether



climbed 4.3%.