Error building Emacs 21.3.50 CVS using MSVC 6 - Continued

[Ben Key]

I am building Emacs using the following batch file:

  REM BEGIN buildmsvc.bat
  @ECHO OFF
  cd emacs\nt
  call configure.bat --with-msvc
  IF ERRORLEVEL 1 GOTO ERROR_STATE
  nmake /f Makefile.nt bootstrap INSTALL_DIR=D:\EMACS_CVS MSVCNT11=1
  IF ERRORLEVEL 1 GOTO ERROR_STATE
  nmake /f Makefile.nt install INSTALL_DIR=D:\EMACS_CVS MSVCNT11=1
  IF ERRORLEVEL 1 GOTO ERROR_STATE

  GOTO SUCCESSFUL_BUILD

  :ERROR_STATE
  ECHO DAMNED! An error occured while building emacs.
  GOTO END

  :SUCCESSFUL_BUILD
  ECHO Emacs was built successfully.  Hurray.

  :END

  cd ..
  cd ..
  REM END buildmsvc.bat

I am now getting the following error

Directories: calendar emacs-lisp emulation eshell gnus international
language mail net play progmodes term textm
odes
        ..\bin\emacs.exe -batch --no-init-file --no-site-file --multibyte -l
autoload --eval "(setq find-file-ho
oks nil generated-autoload-file \"./loaddefs.el\")" -f
batch-update-autoloads .  calendar  emacs-lisp  emulation
  eshell  gnus  international  language  mail  net  play  progmodes  term
textmodes
Saving file d:/emacs_cvs/_src/emacs/lisp/loaddefs.el...
Loading vc-cvs (source)...
Wrote d:/emacs_cvs/_src/emacs/lisp/loaddefs.el
        for %f in (./emacs-lisp/byte-opt.el  ./emacs-lisp/bytecomp.el
./subr.el) do ..\bin\emacs.exe -batch --n
o-init-file --no-site-file --multibyte -f batch-byte-compile %f
>>Error occurred processing /emacs-lisp: File error (("Opening input file"
"no such file or directory" "d:/emacs
-lisp"))
>>Error occurred processing /byte-opt.el: File error (("Opening input file"
"no such file or directory" "d:/byte
-opt.el"))
>>Error occurred processing /emacs-lisp: File error (("Opening input file"
"no such file or directory" "d:/emacs
-lisp"))
>>Error occurred processing /bytecomp.el: File error (("Opening input file"
"no such file or directory" "d:/byte
comp.el"))
>>Error occurred processing /subr.el: File error (("Opening input file" "no
such file or directory" "d:/subr.el"
))
NMAKE : fatal error U1077: 'for' : return code '0x1'
Stop.
NMAKE : fatal error U1077: '"C:\PROGRAM FILES\MICROSOFT VISUAL
STUDIO\VC98\BIN\nmake.exe"' : return code '0x2'
Stop.
DAMNED! An error occured while building emacs.


Please help me resolve this issue.