No, it means high priority. A Blue arrow pointing down means low priority.
For a list of icons and their meanings see;
http://www.howto-outlook.com/howto/icons.htm

Signature
Robert Sparnaaij [MVP-Outlook]
Coauthor, Configuring Microsoft Outlook 2003
http://www.howto-outlook.com/
Outlook FAQ, HowTo, Downloads, Add-Ins and more
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>I received an e-mail that had a red exclamation mark in front of the in box
> subject. It is c vishing e-mail I am sure. Could the red exclamation
> indicate
> fraudulent or unsafe mail. Thank you
airbornefd - 31 Mar 2007 14:20 GMT
> No, it means high priority. A Blue arrow pointing down means low priority.
> For a list of icons and their meanings see;
[quoted text clipped - 5 lines]
> > fraudulent or unsafe mail. Thank you
> Thank you very much for the help. I looked in outlook for the icon but did not know where to find what I needed. I bookmarked the link you sent me for future questions I may have. I have not been using Outlook very long and have a lot to learn.
Roady [MVP] - 31 Mar 2007 16:35 GMT
You're welcome! :-)

Signature
Robert Sparnaaij [MVP-Outlook]
Coauthor, Configuring Microsoft Outlook 2003
http://www.howto-outlook.com/
Outlook FAQ, HowTo, Downloads, Add-Ins and more
-----
>
>> No, it means high priority. A Blue arrow pointing down means low
[quoted text clipped - 11 lines]
>> me for future questions I may have. I have not been using Outlook very
>> long and have a lot to learn.