the printer is directly attached to the 98 machine. You have shared the printer out in 98 and want to connect to it from the XP machine over the network. Once connected, you want to use the Xp machine to share out the printer to other machines.
is that right?
To connect to the printer on the 98 machine from the XP machine, you need the IP address of the 98 machine. Click start run and type in the IP. Click OK. this should connect you to the machine. If not, then you need to verify ther right account exists on the (* machine so that you can authenticate to it. Then click on the printers folder. From there, double click the shared printer. That should connect you. You might have to install drivers to support it on the XP machine, but that shouldn't be too bad.
Then on the XP machine Open printers and faxes, right click the printer, and select properties. Click the sharing Tab, and select the "Share this printer" option. Give it a name, and click OK. That should share it out...
Good luck