First off let me state this for those who are not clear on this point a 5.99 in the 1/8th will be low 9.40's in the 1/4.

While I am quite sure it can be done my first question would be WHY? You are gonna need something north of 700hp and getting that from a set of factory iron heads will require a lot of money being thrown at them. The amount of money you will have to spend to achieve this woudl be better spent on better parts. I have gone 9.60's at 3050 with a set of iron heads, but I had enough can in it to go Comp racing Only so much you can get from a factory type head, so you are gonna have to make the motor think you got more by using a TON of cam. Now throw in a power adder and at least you can keep the dollar amount spent at a sane level for the return.