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Bellwether fiber-optic supplier

JDS Uniphase


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

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



disappointed the Street, were rising.


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climbed 2.2% and


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