How Color a cell quickly?

Version: 2004
Operating System: Mac OS X 10.4 (Tiger)
Processor: Power PC

The only way I know how to color text, it to manually go to the font color
picker, choose red, and then click on the text in a cell. Very tedious if
you want to click 400 cells in a 1000 cell column.

any way to create a quick red stamp?

And same question for make a quick color outline/border. thanks!