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Default Excel 2003 Memory Leak

We log data in a spreadsheet every second. We have found with Excel 2003
that the time it takes to process each update continually grows and gows
until it is greater then 1 second and then locks up the Excel. This is not a
problem with previous versions of Excel. A simple version can be downloaded
at http://home.earthlink.net/~petersrj/

Any help is appreciated. Thank you
 
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