Energy IPOs doing well despite tumbling Nasdaq

But while Web-related branches are getting trimmed, others grow and bear fruit. Power companies, for instance, have become one of the well-nourished breeds, especially boosted by deregulation in the energy industry. They appear well disposed to attract attention not only from traditional investors but also from more tech-prone ones.

New York, Nov 14, 2000 (123Jump via COMTEX) — Shares of Orion Power Holdings Inc., an electric power generating company, were priced at a high of $22 per share in an initial public offering.

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