It really helped when I put the XP PRO disk into the correct drive :=). Windows now can boot from CD ROM #1.
Many thanks to the bros for their quick support and encouragement. I would recommend this forum to all PC users.
To reciprocate for the bros' generous support, I will take some time and post easy do-it-yourself fixes to PEACHTREE hang ups.
PEACHTREE would regularly hang up at every PC, server or network hickups, erasing critical accounting data. It used to give me sleepless nights and gray hair. Each hang up costs about $750 data recovery per occurence. So it should help a lot of poor people from getting poorer and improving their accounting data integrity.
Many thanks to the bros for their quick suggestions.