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Default Speed VBA Excel 2003 vs 2007

I got a workbook with not to complex calculations, reading, changing and
rewriting data to the workbook.

Calculations took in Excel 2003 maybe half a second.
In 2007 2 or 3 seconds, you can watch how the sreen rebuilds....

How is that possible? New Version should run better, right?

That seems to be a step back.
 
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