Convert Your Netscape Bookmarks to IE
In MS 5.x choose File, Import and Export to launch the Import/Export Wizard.
Use this wizard to select your Netscape Bookmark file called bookmark.htm or the name you gave the bookmark file with an htm extension. The default is bookmark.htm or bookmark.html.
Use Explorer to search for the Netscape bookmark file probably called bookmark.htm. Once you have found the file, select it with your mouse and perform a right-click. Then choose Add To Favorites.
This will place a new sub-folder under Favorites called Imported Bookmarks. All your Netscape folders will still have the same name under the Imported Bookmarks folder.