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If you want Word to automatically open the last document you worked on when you start it, there's a special switch that you can use which will let you do just that.
Right click on your Desktop, choose New and then Shortcut.
Click on the Browse button to find Winword.exe and then add the switch /mfile1 (including the space) on the end. (it should look something like this "C:\Program Files\Microsoft Office 2000\Office\WINWORD.EXE" /mfile1)
Click Next, enter a name for your shortcut and then click Finish.