Re: cannot find Exchange 2003 Virtual Directories
I would say it is a bad install.
Remove Exchange using add/remove programs and try again.
If that fails, then remove IIS as well as Exchange and try again.
If that still fails, then remove Exchange and then wipe the machine.
I work on a simple basis that a new Exchange install should work straight out of the box. If it does not then the system has other problems and should be rebuilt.