'k, im in ulgoth's beard @ im in the building where if u go down the steps there is a giant S w/an arrow pointing down & right. i think it means secret this way but i cant find anything can someone plse help!

Hmmm.... Where exactly are you?

im in Ulgoths Beard in the building that you have to climb stairs to get to, there is nobody inside, and if you go down the stairs, there is a -S-> thats kinda what it looks like but it's big and red. any help can be of service, if u want i can get a scrnshot of it now im thinkn it means south, but im not shure

That's the building that used later when you return to Ulgoth's Beard from Durlag's Tower with the Dagger for the dwarf in the inn there. Don't worry about it until you reach that point.