When Windows 2000 can't find the target file of a shortcut, and the target file is on an NTFS partition, it searches all paths that are associated with the shortcut. If the target is not found, it searches the entire partition.
You can disable NTFS link tracking by implementing the Do not use the tracking-based method when resolving shell shortcuts Group Policy at User Configuration\AdministrativeTemplates\Start Menu & Taskbar.
If the policy is Not configured, you can disable NTFS link tracking by setting the NoResolveTrack value name, a REG_DWORD data type, to 1, at HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Policies\Explorer.
If your shortcuts attempt to resolve to another computer, see the
LinkResolveIgnoreLinkInfo value name.