I didn't have exactly this problem. But I had other problems caused by Visual Analayzer (dramatic system slow down, applications that couldn't be installed, etc) and I had to uninstall it. After the uninstall, everything went fine.

Vlad

>I am getting the following error with IE4 after I installed Visual Studio 6 on my Windows NT 4 SP3 Workstation.
>
>Window Title: "Valec.exe - Invalid Current Directory"
>Window Message: "The process cannot switch to the startup current directory c:\WINNT\system32. Select Ok to set current directory to c:\WINNT, or select Cancel to exit."
>
>This error appears wheneve a new page is loaded or a pageframe refreshed (on any site).
>
>"Valec.exe" is part of the Visual Studio 6 Enterprise install. It is located in the "vanalyzer" directory.
>
>Has anyone experienced this problem or know a solution?