Error when opening a VB.net project

Recently installed Visual Studio 2003 on my computer and received an error message that I needed to install .Net framework. I downloaded .net framework from the microsoft website. After downloading this from the website, I then received the following error.

The application for project ‘C:program files\Microsoft Visual Studio .NET 2003\Vb7\VBWizards\WindowsApplication\templates\1033\WindowsApplication.vbproj’ is not installed.

< xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> Make sure the application for the project type (.vbproj) is installed.

I then checked the site and was told to uninstall and then reinstall .net framework 1.1 via MS Installer. However the instruction that are given do not match the file information that I have. Does anyone have any idea how to fix this issue.

Thanks