Palm PDA Device unable to Synchronize with VM

I am unable to Synchronize my Palm 755p mobile phone with my Parallels 4.0 VM (Windows XP Home).

I have read the bug reports for the latest build 4.0.3810 and it mentions an issue with this and states that the bug has been fixed. It is not fixed.

I have restarted my VM numerous times, along with my iMac OS 10.5.6 and disconnected the USB and reconnected it and removed all other USB attatchments to my iMac. Nothing works.... I have tried every combination of the standard resets, and nothing works.

Please advise from here.

I am amazed, it is one thing after another with this new 4.0 software

Thank you,
Christopher