ASP times out

Hi All: I have a simple configuration problem.

I have set up a new Server2003 WebEdition sp2.

Active Server Pages is allowed under Web Service Extensions.

I can browse to postinfo.html in the web root fine, but files with an .ASP
extension are timing out. I created a simple file called "1111.asp" with the
code:

<%@ LANGUAGE=vbscript LCID=1033 %>

<%option explicit%>

<%response.write "hello"%>


and it times out with a log entry of:

2007-11-06 16:42:12 W3SVC1700363219 192.168.1.42 GET /1111.asp
|-|ASP_0113|Script_timed_out 80 - 192.168.1.42
Mozilla/4.0+(compatible;+MSIE+6.0;+Windows+NT+5.2;+SV1;+.NET +CLR+1.1.4322;+.NET+CLR+2.0.50727)
500 0 64

What is wrong with my configuration?

TIA