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Biotech / Medical : Iridex (IRIX)

IRIX 1.010

-5.6%

Oct 28 3:59 PM EDT

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To: George R Janz who wrote (19)	2/15/1997 12:00:00 PM
From: Marco Polo	of 39

Hello, George! Thank you for mentioning the Stocksmart site, I had tried a few times last week and given up on it because for some reason it wasn't working, at least not from my machine. But it works now I see, here is the address everyone: stocksmart.com I had somehow thought that $.45 a share was expected for 1998, but I see it is expected for 1997. Estimates don't really mean anything here though, because no one knows how the supply problem is going to work out.. It is certainly interesting to see that IRIX is expected to experience a 181% increase in earnings this year and is trading at a mere 14 times those earnings. Wouldn't it be a perfect world if the eps growth rate could equal the p/e ratio on IRIX? Then the stock would be trading at $82 a share!! Wow. What we need is a Presstek-like p/e ratio, but I agree that thread appears to be a real circus. Hope that never happens here... Bull on IRIX, Ben :)

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