JDS Uniphase's (JDSU +9.2%) FQ1 report is fueling a massive rally in optical component stocks,...

|By:, SA News Editor

JDS Uniphase's (JDSU +9.2%) FQ1 report is fueling a massive rally in optical component stocks, as the company's better-than-feared guidance goes over well with investors spooked by Thai flooding. CC comments about "significant improvements" in customer inventory levels might also be helping. FNSR +12.2%. OCLR +6.5%. OPLK +5.9%. EMKR +11.8%.