"You're an utter FOOL for acting like Macros don't/won't/shouldn't affect stocks."
***
You absolutely right, dufus. Intel should exactly mirror the NASDAQ or the S&P500. It's crazy talk to say anything else.
Of course if Intel mirrored the S&P500 it would have a P/E of 13.7.
If Intel mirrored its sector, it would have a P/E of 14.4.
If Intel mirrored its industry, it would have a P/E of 18.7.
Hmmmm. The mirroring technique sez Intel should be valued at 33.50, 36.50, or 49.32.
The average of these is 39.78 which would indicate that Intel is undervalued by 58 percent.
Wow, this mirroring works great!!!
You're a genius, Gump...