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Investment Analysis Clubs / Energy Discussions and Investing


Subject:  Flowserve Date:  4/20/2005  3:07 PM
Author:  Strngr12 Number:  99 of 492


Seems it's my best buy in the last few months. Even last week is was up when the whole market was down. They hit a valley in '03, but are on a steady drive upwards towards their 5 year high.


They do a lot of pump, valve and pipeline work for many industries, but what interested me about them is that they have secured contracts in China for coal liquifaction and gasification plants and I believe that with dwindling supplies of conventional crude that coal is the next step in energy.

Anyone else have this stock? The analysts are saying to hold, but I may buy more. Anyone have an opinion?
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