"Niek Otten" wrote...
....
I hope you don't mind I will check what you described he that would
really be an example of bad programming practice!

I have an example file located at

ftp://members.aol.com/hrlngrv/nested.xls

The formula is in cell C2.

I can see that re-developing a part of a formula evaluation sometimes is a
bit quicker, but of course it is always the wrong direction to take in the
end.

?

If you mean a full rewrite seems to be in order, agreed. There's a lot of
the original Mac Excel 1.0's functionality that has lingered a bit too long.