No because in Excel, a date is actually a number. So, what you are entering is a number. Now if you want, you can enter:
'030704
in say cell A1 for 03/07/04, you can then put:
=DATEVALUE(LEFT(A1,2)&"/"&MID(A1,3,2)&"/"&RIGHT(A1,2))
In say B1 and it will give you the date you are looking for.
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