HOTFIX: Error message when you open an Internet shortcut file on a computer that has IE7 installed: "Problem with Shortcut. The target of this Internet Shortcut is not valid"
If you examine the properties of the Internet shortcut file when this problem occurs, the Type of file field indicates that the file type is Internet Shortcut (.url). However, the Web Document tab may disappear. Also, on the Details tab, the URL string may disappear. This problem occurs if the Windows shell receives a notification during the process that creates the Internet shortcut file. This notification is received before the file has been completely written to the disk.