I am running into a strange problem in a VB 2003 application. This simple line throws a "Cannot Create ActiveX Component" error:

dim cnn as object = CreateObject("ADODB.Connection")

The same line in a VS 2005 program on the same computer works fine. Why can I not create an ActiveX object in 2003? Could it be related to running both VS 2003 and 2005 on the same system?