Cells no longer highlighted in XL2003 edit mode?

Z

Zipdisk

In Excel 2003 edit mode, with F2 or double-clicking in the cell...

I USED to be able to see the highlighted cells and the formula, but with
or without Edit Directly in Cell enabled, and the formula displayed in
the cell, referenced cells are no longer highlighted in edit mode...

Any ideas how to restore the cell highlighting?
 

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