All seems to be fine. Are you sure you are using cross-over (not straight-thru) cable between the cards?
Just a shot in the dark. (BTW, the cable going into the DSL modem is probably a straight-thru one -- in case you were trying it to interconnect the machines.) Also, try running setup/diagnostics programs on the cards and check that they are both switched to the right medium and pass tests. -- Arcady Genkin http://www.thpoon.com Nostalgia isn't what it used to be.