Thanks to all the help here... I WILL fix my problem somehow..
Tried the Hyperterminal trick on main comp Win98se no problems.
However on the laptop WinXPSP2 no talkback at all even though the port shows up in settings and dissapears when the adapter is removed.. All the port settings look good and the driver was the one advised from the tech helpers at the purchace site. Any thurther thoughts anyone.................