Seeing is believing... Overheard while in the pattern at FNT:

Tower: N12345 traffic at your one o'clock.

N12345: Looking for traffic.

[long pause...]

Tower: N12345 traffic now ... your traffic at three o'clock.

N12345: Still looking. I only see birds over there.

Tower: Well, look close. One of them has a transponder in it.

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