I would like to show a logo on my desktop. I have a bitmap using magic pink. It works fine expect that if the mouse hovers over the non transparent part, the popup no longer works (cause of !none in the shortcut, I guess) and if I do !Recycle it can happen that the logo is shown above application windows.

I would like the logo to behave as if it would be in the wallpaper, but I do not want to use a wallpaper, because the logo should be wallpaper and resolution(tile/stretch) independent.

you have to right-click on the destop for the popup to show up, shortcut ain't a part of the desktop. what you want to do, is to make that shortcut to display the popup when right-clicked on it. tho i dunno if shortcut2.dll recognizes a right-click. so does it?

better bet would be to put that image as your background image via a Wallpaper module. Gonna have to make it a Transparent GIF or PNG though.

Shortcut2 recognize right-clicks [shortcut2 / ilmcuts / 2002-11-29]
*Shortcut "caption" x y image.bmp .none .none #0 [leftclickcommand][rightclickcommand]

But,
- If you use Layercut, you can have real transparency, right-clicks, mouse-in/out...
- as DeViLbOi said it: use a wallpaper manager (LSWChanger); it's the best way, I guess

use the k flag:
*Shortcut "" -140 30 logo.bmp .none .none #0SK !none

or try stim.dll:
http://www.loose-screws.com/comment.php?type=mod&id=313