My Qreplace.exe can make short work of this.

Code:
c:\data\scripts>qreplace junk.txt "\\\\servername\\c" "d"

Utility: QREPLACE.EXE
Written by: Howard A. Bullock (habullock@comcast.net)

Copyright 2002

Replaces text in one or more files.
Processing: junk.txt (2 replacements)



Result:
alternate shell:s:d\integra\destiny\filename.exe -d "First One Database"
shell working directory:s:d\integra\destiny
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Home page: http://www.kixhelp.com/hb/