Just ran update. No joy.
When I click on reply or new mail or the address book, OE locks up and eventually gets shut down with the send error report etc.
I can check and download mail OK.
In the "Contacts" window, it appears for a while to be constantly updating. The list is flickering and if I try to scroll down the list it just keeps snapping back to the top.
If I try to open the address book - Program not responding etc.
If I try to export the messages I get "The export could not be performed. An error occurred while initializing MAPI."
If I try to export the address book as MS exchange I get a very quick "Address book export process has been completed" but nothing else appears to happen.
If I export to CSV, I get a valid file that I can open in Excel and the data appears to be good.
In general, the program acts like its very busy with delays opening different folders and/or displaying the contents.
I have McAfee Security Center but have disabled
I finally disabled all of McAffee including virus protection and the problem appears to be solved.
I'll experiment a bit more when I have some more time and report back. If anybody is already familiar with this problem, please post what you have found.