Is it possible to automatically categorize items (not just color)?
 

I know about Automatic Formatting and it's great, but that does no good once
I'm on my phone. Although I'm using Outlook 2007 now, I also have 2003 on
other machines and I think this question stands for both versions (the
label/category terminology just differs a little).

But basically I want to automatically put certain calendar items into a
category such as "Business" based on keywords. This is DIFFERENT than
Automatic Formatting in that I want to have Automatic CATEGORIES/LABELS.

Hope somebody can help.
Thanks!