I would like to have my professional e-mail and prive e-mail both in
my Outlook 2003, but separate: the professional stuff stored on
Exchange 2003 server and the private on a local .pst file. Is it
possible?

Hi lferrazzini,

Tech Guide: Timesaving Outlook tips
Lori Grunin, ZDNet US
April 14, 2004

Partition your life:
"Keeping work and private information separate is particularly
difficult through a corporate Exchange Server, but even with a
standalone package, it's no easy chore. You could set up Outlook with
an Exchange Server email account plus a personal POP3 account, but
keeping the email from intermingling is close to impossible, because
Outlook stubbornly refuses to deliver email to more than one mailbox.
If you need to keep your personal email totally unconnected to your
business email, we suggest using Outlook Express as your personal
email client.

If you must use Outlook for everything, consider selecting your
personal email folder as the Inbox -- at least the Exchange email will
remain on the server without mingling with your personal email. You
can also maintain separate address books and calendars using the tools
we explained earlier to effectively filter and selectively synchronise
your data. Finally, if you have an assistant managing your business
schedule, take the time to mark all relevant items as private and use
the Delegates option to restrict viewing privileges; don't just give
him or her free rein with your life."
http://www.zdnet.com.au/reviews/software/productivity/print.htm?TYPE=story&AT=39144896-39023447t-10000016c

Regards,
hummer