We are reacting to ....The over the top optimism in the TEI presentations that implied unprecidented demand.
Which turns out - is more steam traps than FluAces.
FluAces used to be the main product driving revenues - we feel in the dark in terms of where TEI's customers are taking sales.
Backlog is work going forward - and - pipelines are contracts expected. Both metrics need more details from TEI.
GL
JMHO