Excel 2003 and earlier versions have a maximum of ~60,000 rows. Excel 2007 can handle up to ~1 million rows, which is still quite short of what you need.
MS Access can handle it easily.
A quick Google search ...
http://www.sql-server-performance.co...?TOPIC_ID=2681
http://www.topshareware.com/DBF-Conv...load-41734.htm