Parallels won't launch

Hello,

When I attempted to run Parallels the following error message was displayed: "The application Parallels Desktop quit unexpectedly" with options to ignore, report or relaunch. Well relaunch didn't work. So my question is what caused this error condition and how is it repaired?

Note I have Parallels 3.0 installed and a WinXP Pro guest OS.

Thanks,

Mike
 
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