Will pointcache all objects in selection
Saves the cache files in the given directory
Cache files are named the same as each object
Will load caches back on to each object by name
Saves World Space Point Cache
Loads Local Point Cache
The option box to "Reset Matrix before load" is recomended and probably necessary in most cases. When this is done the objects will only display correctly with the pointcache applied and on.
To install just drag the download .MZP file into the 3dsmax interface. You should get an Install dialog.
This tool will install a macroscript that can be accessed from the Customize User Interface dialog within 3dsmax.