WINDOWS ME-IE 6.0
All the favorite links from the start menu get a message
with a red X. "This file does not have a program
associated with it for perfoming this action. Create an
association in the foldeer Options control panel."

Anyone know how to fix this?

If I open the Ineteret Explorer from the desktop and then
go to favorites they work because the Explorer's .exe has
already been executed.