Bellwether fiber-optic supplier

JDS Uniphase

(JDSU)

was up 5% in midmorning, lifting other stocks in the sector and giving technology issues a boost. The company late Thursday reported better-than-expected results and forecast higher growth.

Credit Suisse First Boston

reiterated its buy rating and lifted its earnings outlook,

Goldman Sachs

raised its estimates and

Merrill Lynch

also encouraged buying the stock. Other optical and network issues, battered earlier this week when

Nortel

(NT)

disappointed the Street, were rising.

Ciena

(CIEN) - Get Report

climbed 2.2% and

Corning

(GLW) - Get Report

was up 5%. Nortel itself was up 2.1%.