Favorites is not a file. It is a folder.
The individual favorites are held in the Favorites folder.
The location can vary, e.g. in Win9x it is usually
C:\Windows\Favorites but in Windows XP if installed on C:
C:\Documents and Settings\logon_name\Favorites
Copy the contents of the old Favorites folder to the new as you
appeared not to have exported them with IE-File-Export.
Right-click a favorite, select Properties and the General tab will
show you the current location or you can check in the Registry.
HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Explorer\Shell
Folders
....Alan
--
Alan Edwards, MS MVP W95/98 Systems
http://dts-l.org/index.html
In microsoft.public.windows.inetexplorer.ie6.browser, "John"