What does "Calculate" mean in the Status Bar?

[Dfrye]

I have a co-worker that thinks that the "Calulcate" in the status bar means
there is a circular reference. Is this true?

 

[Paul B]

Have a look here,

http://support.microsoft.com/default.aspx?scid=243495
XL: Calculate Message Remains in Status Bar
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Paul B
Always backup your data before trying something new
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Using Excel 2002 & 2003