well, it's not over inflated.
current price is justified with 100k beds at 40 PE. the government deal covers that. we're at 30k beds now, and it's likely 100k beds will be exceeded in 2020 with or without phillips.
but, previous highs were a tad optimistic, but would be smashed with a phillips deal IMO.
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well, it's not over inflated.current price is justified...
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