Obviously I am new. After installing the LabVIEWstudent version 7.1.1 in WinXP, I realized that I did not have the driver I needed installed so I deceided to de-install, set up the driver for Lego NXT, then reinstall LabVIEW. After failing to figure out how to set up the driver (not actually having a NXT) even though I found the sample, I decided to just start experimenting and learning how to use the LabView interface without the driver. Upon trying to reinstall from the CD, I kept getting the error described above.
After the suggestion from Vince M., I copied the CD to the HD and used Autorun.exe and the (re-)install worked fine. I'm not sure what earlier activities were causing the problem, but now I have the install, but without the NXT driver. Good enough for now.
Trying to guess at my earlier problem, to possibly help someone else, maybe I was executing setup.exe, rather than autorun.exe. Just for more background, I did use a registery cleaner in order to try and remove all traces of the previous install, but I not certain of the benefits on the final resolution, if any, of doing so.
Another item, before the original install, I tried to copy the CD the my HD but kept getting an error message about something related to redundancy, but i don't recall the specifics.
That's the whole picture. Thanks Vince M. for taking the time to assist.