Many thanks to you guys!

I wrapped the following code into my generic procedures file and it became version 1.0 of CreateShortcut (substituting parameters, of course):

 oWshShell                   = CreateObject             ("Wscript.Shell")
 oShellLink                  = oWshShell.CreateShortcut ("MyShortcut.lnk")

 oShellLink.TargetPath       = "C:\MyDirectory\MyProgram.exe"
 oShellLink.Arguments        = "parm1 parm2"
 oShellLink.WorkingDirectory = "C:\StartDirectory"
 oShellLink.IconLocation     = "C:\Graphics\Icons\BookShelf.ico"
 oShellLink.Description      = "Shortcut Comments"
 oShellLink.Save ()

Also found aditional information under "Windows Script Host Reference" at MSDN.

Regards,

Fernando