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Increment PtbyPt Reentrant

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Under Other functions PtbyPt, there are increment Ptby Pt and decrement PtbyPt.  Under Execution in VI properties, reentrancy is set to Preallocated clone reentrant execution.  Does that mean I can use that VI to count multiple things? If that VI can be use for multiple counters, how does LabVIEw keep track?


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