I assume you want to read the *.cnm message files in a user directory directly with Pegasus Mail. Go to the Pegasus Mail program directory and run the program pconfig.exe to change the home and new mail directory spec to match the location specified in Configuration | Local mailbox directory path. For example, you probably are seeing c:\mercury\mail\~n in the "local mailbox directory path" The ~n. you put this in the mail directory spec will be used by WinPMail go to that directory and read the pmail.ini file for the specified user to complete the startup.
Thomas R. Stephenson
San Jose, California
Member of Pegasus Mail Support Team