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Using SQL Server cursors can be slow. However there is a way to speed them up. If you don't need to use all of the columns in a table, consider putting in only the columns you need in the SELECT statement. Instead of using "SELECT * ," use "SELECT col1,col2,etc."
I put in 20 columns in a query instead of using "*" and having it use all 95 columns. The cursor ran six times faster.