I was amazed it worked immediately, however, my old laptop has two comports, on com1 it didn't work, on com2 it did work.
With Veo Wireless Observer utility it did not work with another version of the software it did work.
So i guess some combinations of software, computer com ports and cable must be right, otherwise it won't work.
O well, i'm happy.
The camera is going to Spain to my parents holiday house for surveillance purpose.