Big Blue's Back in the Black

This column was originally published on RealMoney on Nov. 30 at 12:30 p.m. EST. It's being republished as a bonus for TheStreet.com readers.

It's big. It's blue. And it's back.

International Business Machines(IBM Quote), the most seasoned technology stock on the board, is tearing up the track in the fourth quarter, beating all but a couple of its major peers.

In a two-month span when Microsoft(MSFT Quote), Cisco Systems(CSCO Quote) and Dell(DELL Quote) have seen shares change 9%, -2% and -11%, respectively, Big Blue jumped up 13%, and it's still rockin'. ...