Side issue: Many species appearing more recently than sharks are also extinct. Like those which lived before, they too were either evolutionary dead-ends or transitional forms.Therefore, all fossils of now-extinct species are either: (a) non-transitional dead-ends; (b) transitional, but leading to eventual dead-ends; or (c) transitional and leading to species now living.
Side issue: The same may be said of all currently-living individuals of every species: (a) some will die without reproducing; (b) others will produce offspring, of which some will eventually be barren; and (c) some will produce long, unbroken lines of offspring.
If I'm going to design and build a 1,500 sq. foot rambler, my foundation will take a vastly different form than if I build a 78-story skyscraper. With the former, I can use brick-and-mortar. No 78-story brick building exists. The difference is not merely one of degree, it is one of principle. To the evolutionists' way of thinking, elaborately precise and loquacious as they are, everything looks to be the former. That is a simplistic mode of thought.
The point is, organs as vastly complex as the mammalian eye, stand as irreducibly complex examples of something designed for a purpose (remember our discussion about meaning? the same applies to purpose). One would sound rather ridiculous if he tried to explain how such a marvelous organ could arise piecemeal. Hence, punctuated equalibrium i.e. don't you dare question the theory. It's become a sort of religious dogma in some academic circles.