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Default Cell Formats & other errors

I have Excel 2007 and it's saved off as a 97-03 Workbook that I've been
having issues with. Every now and then it changes the text red and shrinks
the font size. In addition, someone I work with has Office 2003 and can no
longer open the spreadsheet because it says there are too many cell formats.
The workbook also occasionally wipes out DOLLARFR equations randomly. Is
there anyway to correct this? Also, I don't know if this is an issue or not,
but the spreadsheet receives live feeds from Bloomberg. Would that affect it
at all?
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