Greetings,
In LabVIEW 7.0, the Traditional NI-DAQ functions should be available in the following location:
Functions >> All Functions >> NI Measurements >> Data Acquisition
If this palette does not exist, most likely, you have not installed Traditional NI-DAQ support for LabVIEW 7.0. To install this support, you should navigate to the entry for the Traditional NI-DAQ installation in Add or Remove Programs (Start >> Settings >> Control Panel >> Add or Remove Programs >> National Instruments Software) and select Change/Modify.
Good luck with your application.
Spencer S.