Action Microsoft.Crm.Setup.Server.MsiInstallServerAction failed

[lnaec]

Hi, i am trying to install CRM 3.0 on my Win2K box.

Reporting services are sitting on same box and SQL DB is on a separate Win2003 Server.

I am getting error right at start of istallation:

Action Microsoft.Crm.Setup.Server.MsiInstallServerAction failed.

The system cannot find the path specified

....
18:54:25| Info| Executing Install action: Microsoft.Crm.Setup.Server.MsiInstallServerAction
18:54:25| Info| Command line: INSTALLDIR="D:\Program Files\Microsoft CRM" TARGETDIR="D:\Program Files\Microsoft CRM" WEBINSTALLDIR="D:\Program Files\Microsoft CRM\CRMWeb" WEBSITE="" MSCRMUPGRADE="0" ALLOWRUN=1 SERVICEACCOUNTNAME="" SERVICEACCOUNTPASSWORD="" REBOOT=ReallySuppress
18:54:25| Info| Package: I:\Server.msi
18:54:27| Info| Win32Exception: 3
18:54:27| Error| HResult=80004005 Install exception.System.Exception: Action Microsoft.Crm.Setup.Server.MsiInstallServerAction failed. ---> System.ComponentModel.Win32Exception: The system cannot find the path specified
at Microsoft.Crm.Setup.Common.Utility.MsiUtility.InstallProduct(String packagePath, String commandLine)
at Microsoft.Crm.Setup.Server.MsiInstallServerAction.Do(IDictionary parameters)
at Microsoft.Crm.Setup.Common.Action.ExecuteAction(Action action, IDictionary parameters, Boolean undo)
--- End of inner exception stack trace ---

18:54:27| Info| Microsoft CRM 3.0 Server Setup Failed.
18:54:27| Info| Microsoft CRM 3.0 Server Setup Setup did not complete successfully.

Action Microsoft.Crm.Setup.Server.MsiInstallServerAction failed.
The system cannot find the path specified


Has anyone experienced this problem?

Your input would be much appreciated.