Last I checked bid in AH was 12 cents below closing price. Wouldn't put to much credence into lightly traded AH action in a stock that is not "in play." Wait until tomorrow's open before rushing to judgment.
Additionally, from what you posted, and what I could gather quickly on his interview with Maria, doesn't seem his comments were that dire. Here's what I pulled off CNBC, FWIW:
Cisco Systems CEO John Chambers said Wednesday that while the United States will likely continue to be the "engine of growth" for the global economy, he sees strength in several markets in the intermediate and long term for technology.
Chambers' comments came after Google Executive Chairman Eric Schmidt, also appearing on " Closing Bell," asked if global growth would still mostly come from Asia.
(Read more: Google's Schmidt slams Fed leak)
"I think it's going to be more balanced than that ... Europe's recovering better than most people anticipated, especially in Northern Europe," Chambers said. "The engine of growth is clearly the U.S."
Emerging markets, whether in the Latin America or Asia-Pacific regions, are "a little bit mixed," he said. China continues to be challenging, too, he said. |
