SECURITIES AND EXCHANGE COMMISSION  
                               WASHINGTON, D.C. 20549  
                                      FORM 8-K  
  
                                    
                                    CURRENT REPORT  
                        PURSUANT TO SECTION 12 OR 15(d) OF THE   
                           SECURITIES EXCHANGE ACT OF 1934  
  
Date of Report (Date of earliest event reported):      January 12, 1999  
                                                       ----------------
  
  
                               ARROW ELECTRONICS, INC.  
               (Exact Name of Registrant as Specified in Charter)  
  
      New York                     1-4482                      11-1806155  
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(State or Other Juris-         (Commission File             (IRS Employer  
diction of Incorporation)           Number)              Identification No.)  
  
  
   25 Hub Drive, Melville, New York                              11747  
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(Address of Principal Executive Offices)                        Zip Code  
  
  
Registrant's telephone number, including area code:  (516) 391-1300  
  
  
Item 5. Other Events.  
        ------------- 
        On January 12, 1999, Arrow Electronics, Inc. announced that its 
earnings for the fourth quarter of 1998 are likely to be below analysts' 
expectations.  
  
  
Item 7. Financial statements, Pro Forma Financial Information and Exhibits  
        ------------------------------------------------------------------  
(a)     Not applicable.  
  
(b)     Not applicable.  
  
(c)     Exhibit 99 (i) Press Release dated January 12, 1999, issued by Arrow 
        Electronics, Inc. announcing that its earnings for the fourth quarter 
        of 1998 are likely to be below analysts' expectations.  
  
  
  
  
  
SIGNATURES  
  
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, 
the registrant has duly caused this report to be signed on its behalf by 
the undersigned hereunto duly authorized.  
  

                                                ARROW ELECTRONICS, INC.  
  
  
  
  
Dated:  January 12, 1999                       By: /s/Robert E. Klatell  
                                                   --------------------
                                               Name:  Robert E. Klatell  
                                               Title: Executive Vice President
  
  
  
  
  
EXHIBIT INDEX  
  
  
Exhibit                                                          Page #  
  
  99      Press Release dated January 12, 1999, issued  
          by Arrow Electronics, Inc. announcing that  
          its earnings for the fourth quarter of 1998  
          are likely to be below analysts' expectations.