Loading Java Applet Failed...?

I have a site I just transferred from a remote host to my hard drive. I put the the site in the MYdocs sub folder called Mywebs. Then in Visual Studio, I created a new solution which points to the before mentioned location. I was then able to type http://localhost/myers (the name of the site) into my browser and up it came. Once problem though. On the homepage, I have a java applet. When I open the page with the applet, I get the message that is the title of this post. Is there something I need to do to get java running. Is is an IIS issue, or an IE issue. When the site comes up from the internet, the java works great, so maybe not an IE issue. The site as it is on the web is http://tmh.netdbs.com/myers Thanks so much, and if you don't mind, what is the difference between a "project" and a "solution"..