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Default Retaining the ONE most current dupe...

Anybody know how I can delete multiple duplicate records (except one field is
unique- the time stamp) and only retain the most current one based on that
time stamp cell? Example:

ITEM | QTY | DESC | DATE | LOT
101 5 xxx 09/30/04 k5
101 5 xxx 09/29/04 k5
101 5 xxx 09/24/04 k5
101 5 xxx 09/12/04 k5

I only want to keep the most current record (I already sorted by that
column) and delete the rest. I could do this in Access or SQL if I knew the
specific logic to make it work. Any help would be greatly appreciated!!

~ Ralph
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