Row height auto-adjust is insufficient when using Wrap Text in Excel

Hello,

In Excel (2007), is there a limit to how many lines can be displayed in a cell when using Wrap Text?  If so, can that limit be adjusted?

I just opened a brand new workbook and widened a column (to 163).  I then pasted a text entry with 2050 characters into a cell in that column.  Next I selected all cells and clicked Wrap Text.

The row containing the text auto-adjusted its height but the adjustment was not enough to make the complete entry viewable.  To see how many lines the text actually needed, I pasted it into another cell in the same column and then manually adjusted the height.

I found that whereas 12 lines were needed to display the entire entry, the auto-adjust height was only sufficient to display 7 lines.

Out of curiosity, I repeated the same process with a width setting of 120.  This time the auto-adjust height was enough to display 9 lines of text but manual adjustment revealed that the entry needed 16 lines to be fully displayed.

Is there an explanation as to why the auto-adjust does not increase the height enough to display the complete entry?  Is there a work-around that will eliminate that limitation?

Thanks