To disable
cookies in IE5, select 'Tools' from the menu, then choose
'Internet Options.' Click the 'Security' tab and press the
'Custom Level' button. After skipping over a few options,
you'll find the 'Cookies' section. Now you can have per-session
cookies (which aren't stored to disk after shutting down IE5)!
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Disable
Cookies in Internet Explorer 5 
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