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To: allen v.w. who wrote (686)	1/5/1999 11:50:00 PM
From: allen v.w.	Read Replies (1) \| Respond to of 1071

Offsubject: Two items on Israel from here. newyork.israel.org Israel Line. Next month Microsoft will begin distributing plug-ins for its Windows 95 and 98 operating systems which enable the operating systems to function as modems, GLOBES reported. The software-based modem was developed in Israel at Rockwell Semiconductors' development center, and will work at 56Kb, the fastest speed currently available in standard modems for personal computers. World-leading accounting firm PriceWaterhouseCoopers intends to set up an estimated $50 million investment fund, which will invest in Israeli and other high-tech and life-sciences companies, THE JERUSALEM POST reported. Kesselman Consultants, which represents PWC in Israel, said the company is currently in negotiations to buy a local software company but declined to provide further details. ALLEN: