If you don't give a reference to a cell, Excel will calculate when
another sheet is active and the formula returns the name of the active
sheet, not the sheet actually containing the formula.
--
Regards
Norman Harker MVP (Excel)
Sydney, Australia
(e-mail address removed)
Excel and Word Function Lists (Classifications, Syntax and Arguments)
available free to good homes.
That's a good summary but it wasn't mentioned in this thread.
David Hager tried to explain it to me and I ignored it for quite
awhile until I was shown an actual demonstration. I elaborated
a bit on it to make it even more clear but one can see it at the
top of http://www.mvps.org/dmcritchie/excel/pathname.htm