No, because every program(1) in UNIX knows to skip symbolic links when traversing trees of files. I presume that the same is true for shortcuts in CIFS otherwise MS-Office's fastfind and other programs would have the same problems.
Shortcuts are just ordinary files that the explorer treats specially; Win32 has no notion of symbolic links (although NT 5.0^H^H^H^H^H^HWindows 2000 may have it as one side-effect of the reparse points stuff, etc.).
As such (as I think others have noted), Win32 apps have no way to avoid going down a symlink, as they have no idea that something *is* a symlink.