Mail does not show emails in view, only "Loading" grey graphic
After installing Lion, Mail will not load any emails in the right hand view panel, only in the left hand mailboxes column and middle list column. Any emails downloaded SINCE the Lion install display fine. How can I get rid of the "Loading" grey graphic (see attached image) and actually display the emails??? I only had 1800 emails in Mail before the installation. I've waited overnight with it running but the "Loading" still continues.
Many thanks in advance for any help offered.
MacBook Pro 3.02 GHz, 15, Mac OS X (10.6.7), iPod Video 5G 80GB, iPod Nano 4G 16GB, iPhone 3GS 32, iPad 64GB