By Cameron Kaine:"Flat" would be the way that I would describe the market's activity on Wednesday as the market turned its attention to Greece on whether or not it would accept reforms as part of its bailout to avert default. But nevertheless, the broader markets continue to be filled with the sort of optimism that reminds investors of the glory days of the tech bubble. Oops, did I just say that? However, the Greece situation notwithstanding, it seems that investors have already made up their minds that they are not going to let issues abroad spoil this bull party.
On Wednesday, the host of the party was Cisco (CSCO) which reported better than expected earnings and inspired the market with its rosier than expected outlook. I think it is safe to say that the return on technology spending is in full swing. And yet Cisco is another company that reported earnings and
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