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Dense-Pac Expected to Introduce Computer Board That Will Double Memory.(Originated from The Orange County Register, Calif.)
Knight Ridder/Tribune Business News, August, 1995 by Williams, Elisa
GARDEN GROVE, Calif.--Aug. 30--Dense-Pac Microsystems Inc. is expected to announce as early as today that it has developed a computer memory board with twice the capacity of the most powerful product presently available.
Trading in the company's stock was heavy Tuesday after CNBC-TV correspondent Dan Dorfman predicted that Dense-Pac will experience an earnings turnaround because of anticipated demand for the product.
Dorfman, without quoting specific sources, said observers predict that Dense-Pac shares will climb to more than $10 in 12 months. Analysts estimate that the company will earn 10 cents a share this year, or $1.3 million to $1.5 million, on about $17 million in sales, compared with a $2.7 million loss on $11.5 million in sales last year....
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