There is a better way: It's silly but it works..
Outlook express will import all the messages and addressbook just fine,,,
use that first,,, create a dummy OE account, iport all your netscape stuff
into that... then when finished, open Outlook (close OE) and import you
Outlok Express messages and addressbook into Outlook.
NOTE: sometimes OE won't import the Netscape Adress Bokk, in this case just
export the Address book from Netscape to an LDIF format, then impor tinto OE
from the LDIF file. all done...
Here is a great resource also:
http://www.interguru.com
hope that helps.. have fun.
Steve.