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Sharon P
 
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Default Conditional formatting on named text field

I have a named cell called AltFundingQuote.
This cell is populated with a drop down box with the text options
of Cost Plus, ASO, or Prospective.

When setting a conditional format for the following - it doesn't work.
I'm trying to only display the text if the condition is true by using a
white font and white background in the formatting.

=OR(AltFundingQuote<"Cost Plus",AltFundingQuote<"ASO")

What am I doing wrong?