I'd try:

In xl2003 menus:
File|Properties|Summary Tab|Hyperlink Base
change it to C:\
(something that's always available)

In xl2007:
Click on the Office button
Choose Prepare, then properties.
Then use the arrow on the Document Properties dropdown
Choose Advanced Properties
And then change the hyperlink base on the Summary tab.

Alireza Nejad wrote:

When hyperlinking a file in excel I use \\Server/folder/folder/file.xxx or
\\Server\folder\folder\file.xxx however when the file is saved the link
changes to ../../folder/folder/file.xxx the problem comes when I either copy
the cell with the hyperlink or copy the file the hyperlink will no longer
work gives error €œThe address of this site is not valid. Check the address
and try again.€� Any suggestions as how to maintain the hyperlink integrity?
Thank you for any suggestions.

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Dave Peterson