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Rate Of Return$Micron Tech(MU.US) Q2 results were way above expectations, and Q3 guidance is also significantly above expectations. If the PE ratio is not compressed and maintains the same valuation as the last earnings report, it would be at $800-$1000; if the valuation is compressed, then it would be at $456-$608. This is just a simple judgment, adjustments will be made tomorrow. As long as it didn't drop to $420 today, it's safe. Time to sleep!
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