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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc.
NVEI 33.980.0%Nov 15 3:59 PM EST

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To: StockDung who wrote (1878)8/6/2000 9:50:01 PM
From: afrayem onigwecher  Read Replies (1) of 2211
 
Lambda Crossing raises $7 million

By Michael Baron, CBS.MarketWatch.com
Last Update: 12:45 PM ET Aug 6, 2000 NewsWatch
Latest headlines

NEW YORK (CBS.MW) -- Israeli fiber optic firm Lambda Crossing raised $7 million from private investors, according to a report published by Reuters Sunday.

Investors include the venture capital arm of Lucent Technologies (LU: news, msgs), Garage.com and Israeli venture funds Gemini and Star Seed.

In addition, Israel's Yedioth Ahronoth newspaper reported that former Israeli chief scientist Orna Berry will become chairman of Lambda later this month. The company provides fiber optics for the telecommunications industry,

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Michael Baron is a reporter for CBS.MarketWatch.com based in New York
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