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Default Cell position / pass values


Hi Folks
I have two spreadsheets open side by side and would like to have
formulas in spreadsheet 2 that change values based on the cursor
position in spreadsheet 1. How can I read the cursor position of
spreadsheet 1 into spreadsheet 2? Or better said..... How can I create
a formula to read for example the third character from the left of the
current cell in spreadsheet 1 and have this value change in spreadsheet
2 when the current cell in spreadsheet 1 changes?


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