Apple Final Cut Express HD - Manual (Page 258)

258 Part V Organizing Footage and Preparing to Edit
6 Drag in the Browser to select all the markers.
7 Choose Modify > Make Subclip.
Note: If you gave your markers new names, your subclips will use them.
The subclips appear in addition to the original clip with the markers. You can rename the
subclips, if you want. You can review the subclips, deleting any clips you might not need.
All of the material
between the markers
you selected should now
appear as subclips.