I am correct that the Outlook Tool will rebase all items in a public folder calendars, even if the account you are running it as is not the owner of the appointment?

First published on TECHNET on Mar 07, 2007
Q: I am correct that the Outlook Tool will rebase all items in a public folder calendars, even if the account you are running it as is not the owner of the appointment?
A: No the account has to be granted owner rights