In IE:
File
Import & Export...
this starts the import/export "wizard" - you can save your
favourites to a file of your choice to a location of your
choice. The file is a single page HTML format digest of all your
favourites. Try creating the file locally first and then opening
it.
This is one of the best features of IE (if the file remains more
or less unmolested, it can be imported on a different machine)
but in any case, the file makes an interesting page for
navigating through favourites when combined with CTRL-F (find)