If you are using Universal Email 4, there is a Progress Bar that you can set up. Go to Insert->WebAssist->Progress Bar and apply it to the form that you are submitting for the email. This won't have the statistics like you wanted, but it will show when the server is still working.
Universal Email sending multiple emails shouldn't run into the scrip timeout issue. You should be able to send from a recordset with a lot of emails in it without any issue.