Excel Database Growing: Slow Performance

I have an excel database file running on a Pentium III with 512 MB of RAM and its extremelt slow. The file size is just over 35 MB and it takee forever to open the file. What should I do to increase the speed. The system is maxed out for RAM and I need faster performance. Should I install it on a server and map to the server from a workstation?

 

How many worksheets?
How many rows of data per worksheet?

Are your worksheets "dirty"?
Check www.theofficeexperts.com/excel.htm for file corruption issues and fixes.

When's the last time you saved the file to a different name; and are you saving it down? Double-check by File-Save as. Make sure you give it a different name, and that it's not saving down to a lesser version. Then save it.

Check File-Properties. Any better?