Cisco Up Amid Sector Rally - TheStreet

Cisco (CSCO) - Get Report was up 7.5% in midafternoon, the most actively traded stock on the Nasdaq.

Amid a general tech rally, the network equipment sector in particular was boosted by good news from

Comverse Technologies

(CMVT)

and

Lucent

(LU)

.

Network equipment stocks rising in active trading included

JDS Uniphase

(JDSU)

, up 1.5%,

Juniper

(JNPR) - Get Report

, up 6.3%,

Ciena

(CIEN) - Get Report

, up 5.5%,

Brocade

(BRCD)

, up 12.4%,

Metromedia Fiber Network

(MFNX)

, up 14.7%, and

ADC Telecommunications

(ADCT) - Get Report

, up 4.5%. Comverse was up 14.1%, and on the NYSE, Lucent was up 6.8%.