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Short Take: Pioneer-Standard warns of disappointing earnings

Pioneer-Standard Electronics said its first-quarter earnings are expected to fall 15 percent below analyst expectations of between 23 cents and 24 cents a share. The company cited pricing pressure and an industry-wide surplus in semiconductor technology.

Pioneer-Standard Electronics said its first-quarter earnings are expected to fall 15 percent below analyst expectations of between 23 cents and 24 cents a share. The company cited pricing pressure and an industry-wide surplus in semiconductor technology.