Doesn't look good.

USA: Shares of NewPower plummet in midday trade.

10/01/2001
Reuters English News Service
(C) Reuters Limited 2001.

NEW YORK, Oct 1 (Reuters) - Shares of electricity provider NewPower Holdings were down almost 20 percent on Monday on the New York Stock Exchange, but the company had no comment on the share drop. 
Shares of NewPower were down 55 cents, or 17.9 percent, to $2.53 in midday trade on the New York Stock Exchange.
"We don't comment on stock activity. We are reporting our earnings in November," said Gael Doar, spokeswoman for NewPower. 
NewPower, which bills itself as the first national provider of electricity and natural gas to residential and small commercial customers, recently became the outside provider with the greatest share for competitive energy providers as part of the Texas's deregulation.

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