by 
The Curious Bag
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To a computer, a cookie is a nibble of information, technically known as name-value pairs, that is stored inside the Web browser on a user's machine. A browser that is compatible with cookies is very desirable.
Cookies' Use
Cookies are stored when you visit a website and allow the site to identify your computer when you revisit, making it easier and faster to load the Web page.
Dangers
Despite the mass media hysteria, cookies from major shopping and information sites are not dangerous to your computer.
Stopping Cookies
You can stop cookies from being accepted by your browser by choosing the tools option and blocking all cookies, or setting your browser to ask you each time it encounters one if you want it installed.
Effects on Computers
If you develop problems with your browser, slowing or freezing, the most common cure is to delete your temporary Internet files, which will include your cookies file.
Browser
All browsers will run without cookie files, but somewhat more slowly, and you might not get a full Internet experience at some sites.
Source:
"Internet Core Protocols" Eric Nall 2000
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