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Nortel (NT) was up 2.3% in preopen Instinet trading, a day after its third-quarter results sparked a sell-off in tech stocks.

Other optical and network companies were also rebounding. In preopen

Island

trading,

Cisco Systems

(CSCO)

was up 1.6%,

Ciena

(CIEN)

was ahead 0.6% and

JDS Uniphase

(JDSU)

was up 0.4%.