Straight from Help and Support:
To make a direct network connection by using a DirectParallel cable
You must be logged on as an administrator or a member of the Administrators
group in order to complete this procedure. If your computer is connected to a
network, network policy settings might also prevent you from completing this
procedure.
Open Network Connections.
Under Network Tasks, click Create a new connection, and then click Next.
Click Set up an advanced connection, and then click Next.
Click Connect directly to another computer, click Next, and then do one of
the following:
If you want your computer to act as the host (your computer contains the
information you need to access), click Host.
If you want your computer to act as the guest (your computer accesses
information on another computer), click Guest, and then click Next.
In Device for this connection, click Direct Parallel (LPT1) and then click
Next.
Follow the remaining instructions in the Network Connection Wizard.
