Question : Can you store public folders on an external hard drive in exchange server 2003

We have an exchange 2003 server.  Is it possible to move the public folders to an external hardrive connected to that server and still have the users access them as they do now and if so how?

Answer : Can you store public folders on an external hard drive in exchange server 2003

No!
Exchange will not allow you to store the databases on removeable storage.