Problem with ipc-daemon2 and initdb on windows 2000

Hi,

I can't start a initdb on my postgresql 7.4-1

Running system : windows 2000 (v5.00.2195 service pack 4)
Cygwin package information :
cygipc 2.0.2-2 ok
cygwin 1.5.6-1 ok
postgresql 7.4-1 ok

I install an try run ipc-daemon2.exe as service but it don't want run and
give me back an error with no message. I know that's the reason my initdb
fail.

Can somebody help me ?

regards,
Stef