JDS Uniphase (JDSU +8.7%) surges after beating FQ4 estimates and providing healthy guidance. During its earnings call, JDS noted demand for 40G/100G optical components is growing rapidly - a positive for Ciena (CIEN +2.8%) - and hinted it has signed a new development contract with Microsoft. MKM believes JDS is gaining component share and is attractively valued, but Needham thinks a lot still depends on Q4 carrier budgets. FNSR +5.6%. OPLK +1.9%. NPTN +4.6%. OCLR +2.4%.