Hi clb...a couple of questions and maybe a solution.
1. Have you deleted or moved the photos from the original folder you imported your pictures?
2. Have you renamed the photos in anyway?
Possible solution:
This is time consuming, but it may help you find your pictures.
Right click on a picture. Choose "reconnect to missing picture". It then allows you to browse to where the picture is.
You need to do this for each missing picture. You might try "Check for missing pictures" in the Tools menu on the main menu bar. But I think you still have to find each one seperately.
The transparent pictures you see in EasyShare are just place holders after the pics have been removed. Hope this helps a little.
Ken