Dissapointing performance

I dont need dyno. I run 1/8 mile and trap speed tells everything. That is what I did before swap and after swap. Engine has now 306 horsepower and that is nothing.

What is the altitude where you live?(how much above sea level)
My 408 only traps 85 mile in the 1/8mile. my heavy as car need 344 Hp to run that speed.
Not Very impressive...Right?
408, 12.50 compression, .562/292 (242 duration at .050) Hyd cam, 3000 stall(needs 4000+ converter) 26X10X15" slicks and 4.56:1 gears out back.
Mine should make more than 344 hp...right?(the answer is yes!) but expecting 450 Hp out of my eng at this track I race at, just not going to happen.

Now that i have wrote this, here is another question.
Have you weight your car? just might be a little heavier than you think. Which will change the HP number you figured.