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Default Text in Text-formatted cells changes to ### after the 255th charac

Many times in the past when I would type plain text into cells of an Excel
spreadhseet, I noticed that at point, the contents of a cell would turn into
sharp signs (i.e. ####################). I did not know what triggered this,
but I did notice that if I change the cell type from Text to General, the
cell's text would come back to normal.

Today I had this happened again, and I was determined to find out what
caused it. As it turns out, if you have a Text-formatted type cell and you
type more than 255 characters in it, all the cell's contents will turn into
sharp signs. In order to revert to the text you must either change the cell's
format to General or truncate the text manually to a maximum of 255
characters.

The problem with formatting cells as General in a text-only spreadsheet is
that you cannot use characters that make Excel think you are typing a
formula; that is, you cannot use hyphens or "keywords" such as "not", etc.
This is why I normally format all cells as Text when I know I will only type
text in a certain spreadsheet.

Has anyone else noticed this, and is there a solution to have more than 255
characters in a cell without having to change its type to General? Thanks for
any help.
 
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