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Biotech / Medical
Iridex (IRIX)
An SI Board Since February 1997
Posts SubjectMarks Bans Symbol
39 1 0 IRIX
Emcee:  Marco Polo Type:  Unmoderated
Introduction Market Data Compact
"IRIDEX is the leading worldwide provider of semiconductor-based laser systems used to treat eye diseases, including the leading causes of irreversible blindness. The primary treatment of many eye diseases (such as macular degeneration, glaucoma, retinal detachments, and ocular tumors) is photocoagulation, the minimal heating of the ocular tissue to create a therapeutic response. The company's OcuLight System is an alternative to photocoagulator systems that use vacuum tubes. The system is sold worldwide, primarily to hospitals for use by ophthalmic specialists. Approximately half of the company's revenues come from international sales in 63 countries."

Looks like the OcuLight GL is selling well now and the supply problems are closed to being resolved. Though IRIX experienced growing pains in 1996, the new year promises to be much more positive and they have positioned themselves for growth.

Not only are they helping the world, but IRIX looks like a great buy right now. There are only 6mil shares outstanding and the market cap is under $50 million, SO WATCH OUT! With that small of a float, if this one gets hot, it could easily (yes, I said easily) be in the $20-$30 range by the end of the year.

Welcome to the IRIX thread.
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39 Bad preannouncement today. Earnings would be at $0.08 vs estimate of $0.11. ThePete-7/14/1998
38 They just announced a record quarter. Revenue is up 77% and earnings is up 254%Pete-4/16/1998
37 Anyone from IRIDEX who can tell us about what's happening in the company? Cole-4/3/1998
36 I am new researching this one. So how significant is this??FIRENZA-3/16/1998
35 John M. Nehra, Chair, open market purchase, of 10,000 @ $7.76 on 2/4/98 ?Binx Bolling-3/16/1998
34 hasnt done much of anything in my opinion, should come back at some pointbeat the market-3/8/1998
33 picked this one up on my radar screen tonight.....Why in the world hasn't tFIRENZA-3/8/1998
32 until this company can pick up volume and get people interested they could havebeat the market-3/6/1998
31 It has been a long time since this stock was discussed. I just did some researcPete-2/25/1998
30 Hi Ben, I've enjoyed reading your analysis of IRIDEX over the last couple rodngun-7/17/1997
29 From: Jody Mulkey Feb 19 1997 2:09AM EST Reply #24 of 28 Earlier Post..... &John H. Lightner-7/14/1997
28 I would have to agree with the analyst. I believe it is possible for this stockJohn H. Lightner-4/2/1997
27 A press release today said IRIDEX had a new second source for its diodes.....thVenturist-3/31/1997
26 Do you know how they are doing on the supply problems?Venturist-3/26/1997
25 Jody, Haven't been to this particular thread in awhile so this response isJohn H. Lightner-3/13/1997
24 I really don't think that this stock is going to do much. The earnings are Jody Mulkey-2/19/1997
23 I'm sorry, I can't really answer you guys' questions about the suppMarco Polo-2/18/1997
22 To all: Anyone know who is the sole supplier and if the problems are technical Bhag Karamchandani-2/17/1997
21 Can you tell me alitte about the supply problem. I used to work for a small sGeorge R Janz-2/15/1997
20 Hello, George! Thank you for mentioning the Stocksmart site, I had tried a fewMarco Polo-2/15/1997
19 IRIX looks interesting. You probably already know this but you can get a peek George R Janz-2/15/1997
18 I'll do that my friend. Remember, art is not only a creation but an applicC-2/14/1997
17 Tim, thanks for posting! You know, it worries me when people like you and me cMarco Polo-2/14/1997
16 The pic was actually from a friend of mine at Cornell, so I can't take credMarco Polo-2/14/1997
15 Cute pic Ben - so shall I buy in Tuesday? PS>Hope you like my VD "ideaC-2/14/1997
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