you didn't say which client you use -- eqw 2.2 or "eqgame. If you are using eqgame then you must type the extension too --"eqgame.exe patchme".
Another source if problems is related to the following post and workaround:
http://eqemu.sourceforge.net/forums/...p;threadid=258
Finally, don't use the admin tool at all right now. You have enough problems just getting into the game. Get your system going first, then you can learn how to use the tool. It is not needed for anything at the beginning.