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Made by Monkeys

RMS Meter Saves Investor Big Bucks

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warren@fourward.com
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Re: Snake oil
warren@fourward.com   1/1/2013 11:33:59 AM
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Wasn't it W.C. Fields who said "never smarten up a chump."  Today it is "Never smarten up a voter."

williamlweaver
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Re: Snake oil
williamlweaver   1/1/2013 12:23:28 PM
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I have been asking the following question on the final exam of our Instrumentation and Measurement course since 2001. After going through a semester of various transducers, models, and calibration routines for all kinds of instruments I always get a couple of students that would still part with their money because of how much profit there could be made if it actually worked (or if they could convince others that it worked). The problem I am having is that as our smartphones continue to improve, I feel like Professor Harold Hill in the Music Man -- somebody may actually invent one...

"Soon after returning home for break, a good friend of yours from high school tells you that they plan to invest in a new invention they saw on the Internet.  They invite you to get in on the action.  The new invention is a small hand-held device about the size of a smartphone called the "Diecorder".  The Diecorder is a new aid for people on a diet.  You simply aim the device at a plate of food and it automatically scans it for the number of calories, grams of fat, and names and amounts of all of the vitamins contained in the food.  You can get in on the ground floor of this invention for only 2000 bucks.  Assuming that you have $2000 to invest, do you think this is a wise investment?  Please state why or why not."

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