According to the manual....
http://www.mattdentonphoto.com/cameras/vivitar_2800.pdf
Film rated at ISO100.....
Blue mode = aperture set for f/4
Red mode = aperture set for f/2
I would say underexposed since the lens aperture would have been set to a smaller aperture and the flash was putting out light for a larger aperture.
Whether it's overexposed or underexposed, what will be your course of action? Are you processing these yourself?
Vivitar Auto-Thyristor flashes had typically used a color coding for setting aperture and range of the flash for a given ISO.
The legendary Vivitar 283 and 285HV flashes use Yellow, Red, Blue Purple modes.