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Limit size of shared folder in Windows Server 2003 SP2

I have a machine with Windows Server 2003 Standard Edition, SP2. The hard-drive is in NTFS format. I am sharing a folder from this machine. I would like to know if a limit exists for: the size of a ...
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How do Excel file ownership and permissions work on a shared network folder?

There is an Excel file on the server, 4 people are accessing it and editing it. At times if the file is already in use, there is weird message that it has been locked by 'user123' and user123 has ...