Sorting by Received and THEN Subject

Sorting by Received and THEN Subject

Can Outlook 2003 sort by received and then subject so that I can always see the newest mail first? So if it's 5:30pm now and I get mail at 5:31, it shows at the top. then if I get mail at 5:35 and it is a response to an existing subject, can it show next at the top of my inbox with all related conversations/subjects with it. Gmail can do this and this is what I'm looking for an Outlook.