USB/CAT5 networking via 1 dsl modem

I have a westell wirespeed dsl modem
I want to network these 2 computers that are side by side.
It has a connection for a usb and a connection for a cat5.
Instead of going out and buying a reouter and all that junk, can I hooked a cat5 wire up to one computer, and a usb wire into the second computer, and can they both access the internet? If anyone knows for sure, pls tell me, so I dont go and waste money buying a usb wire and end up not being able to use it. thanks!

I don't know about the hookup you described, but you can most likely hook up one computer to the modem through USB, network the two computers together, and setup the one with the connection to the modem to act as a router.

how exactly would I do that? with ICS? one computer is win2k pro and one is winXP, the XP is the home pc (which we can change and play w/) and the win2k is a coporation laptop.

ive never connected a pc to a dsl modem by usb. :-\

ICS should work. Neither have I, but in order to be on the internet you must have an ip and thus the process should work in the same manner as if the connection was through a NIC

arggg i have winxp home, and i dont see an ICS option :-( how can I get that option installed on here?

I'm not sure because I don't have XP home here, but if it is an optional component, try start > control panel > add/remove programs > add/remove windows components and it would be there. If it isn't, good luck!