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Default confusion about upgrade to excel 2007

We have Office XP and 2003 on our PCs and want to upgrade Excel on some PCs
to Excel 2007. There is an Excel upgrade package for about $110, but our rep
at Dell tells us that this will only give us about "one quarter" of Excel
2007. She says we should buy the full version of Excel, not the upgrade
package. At Amazon and PC Connection the specifications say that the upgrade
works for all Office XP and 2003 suites. What's the deal?
 
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