>>
>>It would be a folder name - the name of a subweb/virtual directory if you have nested web applications and the cookie is for the subweb's use.
>
>Do I understand correctly that even if you specify Path attribute folder, the cookie would go as all IE cookies to the same folder, Temporary Internet Files, right?

Correct. All of the cookies go into the same folder and have the filename [domain].com(99).txt The path attribute is a field inside the cookie.