Excel 2003 open slow only with domain accounts

N

none

If i logon locally on my PC all works fine.
If i logon in my pc with user a domain account excel (only it!, word,
access and others work fine)takes 1-2 min (splash screen) before open
(i set it to open no documents on startup but is the same).
I try to delete temporary files and to set up a default
printer...nothing.
Domain is 2003 (only 1 domain,1 tree, 1 forest) client is an XP (sp1
installed)
Any idea?
 
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