How to edit movie option (movie clip path) in PPT 2003?

I have just upgraded to PPT 2003 and found one annonyance which I hope
someone can help me with.

In previous versions of PPT, when I click on a movie clip that PPT
cannot find, it tells me that it cannot find the clip and prompts me
to look for it. After locating the clip, the next time I click on the
movie clip, PPT plays it and remembers the new location the clip is
in.

In 2003, when PPT cannot find the clip, it just tells me that there is
a problem. I am no longer given the prompt to look for the clip. When
I right click on the movie, I can see the wrong path of the clip in
the movie object box under information. Can someone tell me how I can
change the path of the clip.

I know the work around is to delete the clip and locate the clip to
reinsert it into PPT. But with so many movie clips in my PPT, it is
really a pain.
The other option is to copy the clips into the same directory as the
PPT, but that will just duplicate the clips and clog up my HDD.

I can't imagine PPT 2003 took away this simple file relocation funtion
and hope that someone can help me.

Thanks