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Ciena

(CIEN)

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

(JDSU)

was up 10%, even though

Merill Lynch

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

Corning

(GLW)

was up 9.9% and tech bellwether

Cisco

(CSCO)

climbed 4.3%.