The reason I said that is that (although I haven’t read the CC yet) Denton reported, in his summary of the Conference Call, that:
Some states, particularly Colorado, have laws requiring automated burner management systems to be installed by 2016, so this is a current positive growth driver for PFIE. On the other hand, the CFO indicated that probably the BIGGEST external THREAT to meeting their growth targets over the next year would be a decline in regulations or discussion of removing regulations that require their burner management systems.
Saul