Short-cuts can also be bookmarks to OLE documents

If you're using an OLE enabled application (such as Microsoft Word), you can create short-cuts that are bookmarks to Word documents (for example).

• Start the application (Microsoft Word in this case) and load the document you're working on
• Make a selection (highlight) and right click on it (don't let the right mouse button mouse go...)
• Drag the mouse over to the desktop (or any other folder, etc.) and let it go
• Select "Create document short-cut here"

Now every time you double click on the newly created short-cut, it will load Word, the document you were working on and take you to the place where you made the selection -- much like a bookmark.