Try googling . . .
windows xp reinstall without cd
( Valin I did it but it could have been me :":, Fri 21 Nov 2008, 19:53, archived)

Certainly did.
That's how I found out about the I386 folder that's unfortunately missing...
( Colonel Boris This is a Schlapper pigeon., Fri 21 Nov 2008, 19:54, archived)