Thanks for all the feed back. I did find out a little curiousity while
experimenting with a .ics file that was generated from 2007. When I
import the file using the File >> Import in Outlook 2003. The multiple
events are loaded into the master calendar. Although this is not
exactly what I wanted I decided to isolate the events in a different
view, then select the events and copy them into a new calendar.
Not too efficient, but the next step is to see if this can be
automated. Never satisfied.