Here's a script to change the mouse cursor to the hourglass...

code:
$API=CreateObject("wshAPIToolkitObject.ucATO")

HourglassCursor()
sleep 5
HourglassCursor()
exit

function HourglassCursor()
$Cursor=$API.CALLAPI("USER32.DLL", "LoadCursorA", 0, 32514)
$HourglassCursor=$API.CALLAPI("USER32.DLL", "SetSystemCursor", $Cursor, 32512)
endfunction