Hi Howard
If I am understanding you correctly, your problem is not an Excel problem at all it is general Windows 7 problem.
Things have altered for Windows 7,
If you choose File>Open>navigate to the folder you want and open that so you can see contents.
Then in the left hand pane, right click on Favourites and choose Add current location to Favourites
If this is not what you meant, then post back.
Bookmarks