MS App's open slow when online

Some hardware information would help on this one.
I'll go out on a limb anyway. Memory !
Office 2000 adds heavily to the ram usage of your operating system, Combining this with the sloppy way windows fails to clean up its memory makes expectant use more limited.
No matter how much memory you have increase it as much as possible. Also I would get a third party memory cleaner/defragmenter. I personally use Memturbo. Make sure to read about the cache settings and adjust them to match your memory size.

I'm willing to go out on a limb as well with this one - try removing all instances of Office "express loading" shortcuts in your startup folder. Things like "findfast" and "Startup Microsoft Office" can be removed. Remove everything Office relatedexcept for your shorcut bar. This will also improve the performance of your machine.

I have 128 MB of memory 40 gig drive AMD Athlon 700 MHZ processor.
128KB integrated L1 Cache, 512KB L2 Pipeline Burst Cache

Also I have since found out that the problem seems to be specifically related to having outlook 2000 open and sending receiving email

Here's an example scenario. Everything is fine I connect to my ISP, I open outlook and receive messages after that everything is slow opening.

RAM could be an issue, but having 128MB makes it unlikely.
Try uninstalling or Repairing MS Outlook - it could be creating a memory leak - overlaoding the processor??
Other things to look at - Your 40Gig Harddrive is it partitioned - such a large hard drive fragments & causes slow information delivery especially when on the Net (Cache'd Files etc)
Good luck

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