Mac Q2003 directly to Q2007?

I am having 701 errors on my Mac Q2003 when doing certain reports. I cannot figure out how to fix the problem. When the error occurs, I have to copy a Q2003 backup copy so I can use Q2003 again. I cannot find my original CD so I cannot reinstall. I do not now use Quicken for any on-line actions. Perhaps in the future? My thought is to update to a later version. Is it possible to go directly from 2003 to 2007 safely?

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Dowop
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