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Biotech / Medical : Iridex (IRIX)
IRIX 1.065+2.4%2:32 PM EDT

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To: Papa John who wrote (11)2/14/1997 12:31:00 PM
From: Marco Polo   of 39
 
Bid down to match 52-week low this morning. I would be concearned if IRIX moves below $6. There has been rock-solid support there in the past, so if it breaks, you never know what might happen.

IRIX has the technology to treat blindness now. Their products are in demand. This company is too great for the stock to be this depressed for long in my opinion, but stranger things have happened.

Personally, I'm not letting go of any shares, not a single share, until we see $25-$30 a share. I believe that it will happen if IRIX ever gets the supply problem fully resolved.

Bull on IRIX,

Ben.
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