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Strategies & Market Trends : Dawg's Place

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To: BamaReb who wrote (2655)9/22/1999 11:20:00 PM
From: Junkyardawg  Read Replies (1) of 2751
 
Sometimes you have to get the little things out of the way before you sell your company;-)


Wednesday September 22, 9:59 am Eastern Time
Company Press Release
SOURCE: Pioneer-Standard Electronics, Inc.
Pioneer-Standard Declares Quarterly Dividend
CLEVELAND, Sept. 22 /PRNewswire/ -- Pioneer Standard Electronics, Inc. (Nasdaq: PIOS - news) today declared a quarterly cash dividend on common stock of $.03 per share, payable November 1, 1999 to shareholders of record on October 6, 1999.

Pioneer-Standard is an international distributor of electronic components and computer systems, with revenues of $2.3 billion. Pioneer-Standard's Industrial Electronics Division provides a comprehensive offering of semiconductors, power products, and interconnect, passive and electromechanical components. The company's Computer Systems Division is one of the largest distributors of mid-range computer systems, selling through its distribution arm, KeyLink Systems, and its Corporate Accounts Group. Pioneer- Standard has operations throughout North America, and worldwide distribution to Asia and Europe through its equity investments in World Peace Industrial Co., Ltd., headquartered in Taiwan, and Eurodis Electron PLC, headquartered in the U.K. Additional information about Pioneer and its global operations can be found at www.pios.com .
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