I found a neat little addon to microsoft outlook called Lookout that can index and find words in just about any location that you point it at.
I index our ole notes directory and it searches all excel files, word documents, pdfs etc.
for instance, I want to find any reference to a PO#1234, it will give me a result (fairly quickly) with all references to that PO# in a format that I can click to open.
but like David says, ole's are outside the database and cannot be searched via a datasource.
why Microsoft didn't blob the ole containers I do not know. It would have made searching and reporting a lot easier.
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and they wonder why they call it Great Pains!
jaz