Saturday, May 27, 2006

IRIX 10.17 Speculative Buy/Watchlist

IRIX makes therapeutic-based laser systems and delivery devices. With a market cap of under 100 million this stock has room to grow. Great cash position and book value is at $4.76 a share. That being said, technically this stock is a mess. Would look to enter in the 8's. or a breakout above 12.