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No. 1 fiber-optic components supplier

JDS Uniphase


was 12.9% preopen


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After Thursday's close, the company reported first-quarter earnings of 18 cents per share, ahead of the Street's estimate of 16 cents and the year-ago 8 cents.

The company also raised second-quarter earnings estimates.

First Union Securities

raised its 2001 earnings estimate to 80 cents per share from 67.