VSS 2005 history problem

I've recently installed VSS 2005 and added new projects. Everything is ok, but it does not display history. When I press Ok in history options dialog, it just shows the hourglass cursor for some moment, and then nothing.
I think it should be a problem with my VSS Explorer 2005, because there is no such problem when I use the old VSS Explorer V6.

Any idea


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VSS 2005 history problem