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Default How do I record new Highest / Lowest numbers as data changes in ce

Hi, I'm quit new to using excel (07) but have so far been very impressed by
both it's features and it's ease of use - However I have stumbled upon a
problem that I cannot get around - PLEASE help me if you can...

I have a formula that returns a numeric value to a specific cell, Say A1,
this number will always be in the range of 0 to 1,000. A number of different
variables influence what the returned value is and this value changes
approximately 5 times per second. I want to be able to show the highest and
lowest value achieved in cells B1 (highest) and B2 (lowest) and have these
two cells both start out at 0 but auto update as a new high or low is
returned in A1

Any ideas on how I can achieve this or where I can go to find an answer
would be great.

Many Thanks,

Mike.
 
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