I'd either call or take her to the pediatrician - she may have pink eye, but she also may have scratched the surface of her eye or cornea accidentally and gotten an infection. It happens fairly often, and the ped with just prescribed an ointment or drops to heal it. If you let it go for too long though it can be really difficult to heal, so make a run to the doc's just to make sure - at the very least, the ped will be able to tell you for certain she has pink eye or not.
And, just for reference, teething neither causes runny noses or fevers. Runny noses and fevers are caused solely by infection, viral or bacterial. It is an old wives tail that teething causes anything other than teething - it can cause excessive drooling and unhappiness but all of those stories of teething causing runny noses, fevers, pink eye or diaper rash are completely false. Please see this link or look it up on the internet (this really isn't for you Erica, for people who may claim your babys eye infection is due to teething)
http://www.kidshealth.org/parent/pregnancy_newborn/common...