Well, after reinstalling my card (again), mysteriously the windows networking prompt came up when starting windows. I then proceeded to input the following variables into these areas:

PC IP: 192.168.1.1
Subnet Mask: 255.255.255.0
Gateway (left blank)

Emgeg MK11:

IP: 192.168.1.2
Netmask: 255.255.255.0
Default Gateway: (left blank)

I rebooted windows (98), set emplode to look for a specific broadcast on 192.168.1.2.

Wallaaa!!! It is working.

I can not thank everyone enough for your time in helping me get this set up. Perhaps putting this information up in a faq somewhere would help others. Just a possibility...