DRAM $4…..REVENUES ABOUT TO MULTIPLY WITH NEW AMD MANUFACTURING-RAMDISK SOFTWARE BUNDLING DEAL & 70% MEMORY PRICE INCREASE IN 2013
12-month Target: $30+ because of explosive revenue growth and 1.4 share float
The recent AMD deal will be a significant revenue influx for tiny DRAM with $8 Million Market Cap and 1.4 Million share float. Before any new AMD memory revenues DRAM was almost profitable and trading at 0.2 X sales compared to 1.4 X sales for sector. With a recent incredible jump in memory prices since DRAM's last quarterly, DRAM's revenues will multiply going forward.
In the last quarterly earnings release, John H. Freeman, Dataram's president and CEO commented, "Since the close of our third quarter on January 31, 2013 we have seen an increase in pricing which can positively impact our memory business for the balance of the fiscal year and beyond."
Mr. Freeman concluded, "In addition to a healthier semiconductor industry, we continue to develop and expand our relationship with Advanced Micro Devices, Inc., which together with our RAMDisk agreement and other new opportunities we are currently pursuing should provide new sources of revenue, profit and growth for Dataram in 2013 and beyond..."