ExcelBanter - save e mail attachments and remove them

I need help:
I need to save e mail attachments (excel) and found the following code in
"outlookcode" site, but it is stopping at DIM my OlAPP As New
Outlook.Application
I'm getting an error message that reads: Identifier user type- Not identified
I am using Microsoft Outlook 2003. I posted a question on Outlookcode but
haven't get an answer. Can anybody help, please?

'Declaration
Dim myItems, myItem, myAttachments, myAttachment As Object
Dim myOrt As String
Dim myOlApp As New Outlook.Application
Dim myOlExp As Outlook.Explorer
Dim myOlSel As Outlook.Selection

'Ask for destination folder
myOrt = InputBox("Destination", "Save Attachments", "C:\ZIFFO\")

On Error Resume Next

'work on selected items
Set myOlExp = myOlApp.ActiveExplorer
Set myOlSel = myOlExp.Selection

'for all items do...
For Each myItem In myOlSel

'point on attachments
Set myAttachments = myItem.Attachments

'if there are some...
If myAttachments.Count 0 Then

'add remark to message text
myItem.Body = myItem.Body & vbCrLf & _
"Removed Attachments:" & vbCrLf

'for all attachments do...
For i = 1 To myAttachments.Count

'save them to destination
myAttachments(i).SaveAsFile myOrt & _
myAttachments(i).DisplayName

'add name and destination to message text
myItem.Body = myItem.Body & _
"File: " & myOrt & _
myAttachments(i).DisplayName & vbCrLf

Next i

'for all attachments do...
While myAttachments.Count 0

'remove it (use this method in Outlook XP)
'myAttachments.Remove 1

'remove it (use this method in Outlook 2000)
myAttachments(1).Delete

Wend

'save item without attachments
myItem.Save
End If

Next

'free variables
Set myItems = Nothing
Set myItem = Nothing
Set myAttachments = Nothing
Set myAttachment = Nothing
Set myOlApp = Nothing
Set myOlExp = Nothing
Set myOlSel = Nothing