I think you'll find that you'll need a plug-in to be able to export (or even import) Mp3's via Cool Edit Pro. It doesn't come with the program itself. It was a paid plug-in released by Syntrillium before Adobe bought them out and made Cool Edit Pro Adobe Audition. The plug-in is no longer available as far as I can see.
We had Cool Edit Pro before we bought Adobe Audition and I know that I installed a plug-in to be able to export MP3s.
Actually just found this
http://news.harmony-central.com/Newp...3-Plug-In.html
Clancy
"I like work: it fascinates me. I can sit and look at it for hours". Jerome K. Jerome