If I want a link in Excel that points at a specific location in an MSWord
document, I'd add a bookmark to that document and use one of these:
(Insert|hyperlink style)
C:\MY DOCUMENTS\WORD\MyDoc.DOC#bkmk01
Or
=hyperlink() style:
=hyperlink("C:\MY DOCUMENTS\WORD\MyDoc.DOC#bkmk01")
If I want a link in MSWord that points to a specific location in an excel
workbook, I'd use this:
(Insert|hyperlink style)
C:\My Documents\Excel\book1.xls#'sheet 1'!z99