Not sure what you mean by "pointer option in not working", but if you are
referring to the popup menu(s), click the "Tools" menu, select "Options",
click the "View" TAB and make sure either the "Popup menu on right mouse
click" or "Show popup menu button" are checked. This will get you to the
"Pointer" color options, etc. You can have both clicked if you want, but by
having the "Show popup menu button" checked and the other NOT checked, you
can right-mouse click to go to the "Previous" slide or animation.
Also consider that you need to be sure you have the latest PowerPoint 2003
updates at:
http://office.microsoft.com/en-us/officeupdate/CD010798681033.aspx
Holler back if this isn't what you were needing.