Make sure to read this fully:
http://www.eqemulator.net/forums/viewtopic.php?t=17531
And read this:
http://www.eqemulator.net/forums/viewtopic.php?t=17843
Make sure you have the latest CVS.
I just got a server running 3 days ago. I didnt read the readmes and other info. But after i did it all made sence and i got it running.