Not sure when and how it started , but for each very first time after restarting IDE when I open form in a project containing reference to VCX it keeps telling me "Error instantiating class. Cannot find :\classes\myclass.vcx" . Project in d:\out1dev , form in d:\out1dev\forms and reference to class inside myform.scx "CLASSLOC" field is equal to "..\classes\myclass.vcx" which is correct. After locating class any subsequent openings are okay until IDE restarted.

Any clues ?

Tnank you.
Michael