Pinnacle Micro Inc.: The Irvine optical storage...
TIMES STAFF WRITER
Pinnacle Micro Inc.: The Irvine optical storage systems company reported that net income for the third quarter dropped 30% to $222,000, or 4 cents a share, from $318,000, or 6 cents a share, for the 1994 third quarter. Sales gained 33% to $21.4 million from $16.1 million. Net income totaled $396,000, or 7 cents a share, for the first three quarters of 1995, down from $2.2 million, or 42 cents a share, for the comparable period of 1994. Sales were up 34% to $62.2 million from $46.5 million.
