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So I installed a version of windows 7 on one of my computers - everything else seems to work, except of course for Basic Tools

I have another machine with winXP - I switch my FTDI card & cable & Basic chip hardware setup to the XP machine, works fine, switch to the Win7 machine and when the Basic Tools window opens, I get a blank screen. When I go to program it says "Analyzing something.bas" then stops with no "+*+*" or showing up. If I hit the reset button I get a messagebox with "Buttons" in the title and "Program being downloaded, please wait."
I hooked up my scope to the DTR pin feeding into the reset on the BasicChip and the signals look the same, 3 times the signal drops from 5v down to 0v, twice for short times, once for a little longer - and as noted below, the reset seems to be working fine.
Basictools 5.19 ARM Basic 8.27a on both computers. The FTDI driver is a little different on both machines, the XP has a 2009 driver and the Win7 machine I tried drivers from 2013 and 2010 (could not find the 2009 driver yet). I can also mention that when I program the BasicChip from the xp machine to send a "Hello" message once a second, then hook it up to the win 7 serial port, it looks like the Win7 machine is getting a message as the cursor advances across the screen every second, but no Hello appears. Baud rate is set to 19,200 in the menu, and I tried resetting the latency under advanced options for the serial port (recommended on another site). No joy.
Suggestions ?