Marc Andreessen, founder of Netscape and now co-head of venture capital firm Andreessen Horowitz, says technology stocks are performing as badly as he has ever seen.

And that probably makes this a good time to buy, he says, according to Fortune.

Now is the first time Andreessen can remember tech shares trading at a discount to slow-growth industrial stocks.

Editor's Note: How You Lost $85,000 During the Last Decade. See the Numbers.

Actually, his picture of tech stocks is bleaker than reality, as the NYSE Arca Tech 100 stock Index has gained 20 percent in the last year.

But some notable exceptions have been Hewlett-Packard, Dell, Intel, Facebook and Groupon.

Many of the laggards are “big companies with a lot of cash," in contrast to many of their brethren during the Dot.com bubble of the late 1990s, Andreessen says. "The public market hates technology."

He pooh-poohed the idea that there has been a bubble of Internet-related stocks, saying most of the appreciation for those shares occurred before the companies went public.

InvestorPlace Editor Jeff Reeves is bullish on Intel and Google.

He likes the world’s biggest chip maker for its size, its 4.4 percent dividend and a puny forward price-earnings ratio of less than 10, Reeves writes on Marketwatch.com.

As for Google, its Android operating system dominates 75 percent of the mobile device market, and the company’s record of innovation is second to none, he says.

Editor's Note: How You Lost $85,000 During the Last Decade. See the Numbers.