(1) Close All Programs.
(2) Open RegEdit.
(3) Navigate To: HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\Explorer\User Shell Folders.
(4) Change The Key "Favorites" value from "%USERPROFILE%\Favorites" to wherever you want to store the Favorites.
(5) Move your Favorites to the location specified in step 3.
(6) Open Internet Explorer and click on Favorites. You should see the same links on any computer you set using this process.